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                    <isin value="US26943B1008"/>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
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            </invstOrSec>
            <invstOrSec>
                <name>FIDUS INVESTMENT CORP</name>
                <lei>549300836CRWCROFBC02</lei>
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                <cusip>316500107</cusip>
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                    <isin value="US3165001070"/>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>BLACKROCK TCP CAPITAL CORP</name>
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                <cusip>09259E108</cusip>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>TRIPLEPOINT VENTURE GROWTH BDC CORP</name>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>FS KKR CAPITAL CORP</name>
                <lei>549300TYRSI1T21B1360</lei>
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                <cusip>302635206</cusip>
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                <units>NS</units>
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                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>SIXTH STREET SPECIALTY LENDING INC</name>
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                <cusip>83012A109</cusip>
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                <curCd>USD</curCd>
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                <assetCat>EC</assetCat>
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                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>PENNANTPARK INVESTMENT CORP</name>
                <lei>529900OK432R4C6NQQ73</lei>
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                <cusip>708062104</cusip>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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            <invstOrSec>
                <name>CARLYLE SECURED LENDING INC</name>
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                <cusip>872280102</cusip>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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            <invstOrSec>
                <name>BAIN CAPITAL SPECIALTY FINANCE INC</name>
                <lei>549300V2JL72R0EYBK64</lei>
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                <cusip>05684B107</cusip>
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                <fairValLevel>1</fairValLevel>
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                <name>OWL ROCK CAPITAL CORP</name>
                <lei>2549000BD79OOCPF2L94</lei>
                <title>COMMON STOCK</title>
                <cusip>69121K104</cusip>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                <name>TRINITY CAPITAL INC</name>
                <lei>549300YGT4SBRQYDVU48</lei>
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                <cusip>896442308</cusip>
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                <fairValLevel>1</fairValLevel>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>RUNWAY GROWTH FINANCE CORP</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>78163D100</cusip>
                <identifiers>
                    <isin value="US78163D1000"/>
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                <balance>19184</balance>
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                <curCd>USD</curCd>
                <valUSD>259367.68</valUSD>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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                <name>BLACKSTONE SECURED LENDING FUND</name>
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                <title>COMMON STOCK</title>
                <cusip>09261X102</cusip>
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                <curCd>USD</curCd>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>CION INVESTMENT CORP</name>
                <lei>549300XN70JLF94XKX80</lei>
                <title>COMMON STOCK</title>
                <cusip>17259U204</cusip>
                <identifiers>
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                <units>NS</units>
                <curCd>USD</curCd>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>CAPITAL SOUTHWEST CORP</name>
                <lei>54930023YZ4YEJEDBO56</lei>
                <title>COMMON STOCK</title>
                <cusip>140501107</cusip>
                <identifiers>
                    <isin value="US1405011073"/>
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                <balance>3053</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>57549.05</valUSD>
                <pctVal>1.036325771746</pctVal>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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            </invstOrSec>
            <invstOrSec>
                <name>ARES CAPITAL CORP</name>
                <lei>WEQ82666OJYSI5GUAB47</lei>
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                <cusip>04010L103</cusip>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>STATE STREET INSTITUTIONAL US GOVERNMENT MONEY MARKET FUND</name>
                <lei>549300BZ5TGIFZUZDZ37</lei>
                <title>SHORT TERM INV FUND</title>
                <cusip>857492649</cusip>
                <identifiers>
                    <isin value="US8574926494"/>
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                <balance>52482.73</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>52482.73</valUSD>
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                <assetCat>STIV</assetCat>
                <issuerCat>PF</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
        </invstOrSecs>
        <signature>
            <ncom:dateSigned>2022-12-21</ncom:dateSigned>
            <ncom:nameOfApplicant>Putnam Investments Inc</ncom:nameOfApplicant>
            <ncom:signature>Janet C. Smith</ncom:signature>
            <ncom:signerName>NPORT</ncom:signerName>
            <ncom:title>Principal Financial Officer</ncom:title>
        </signature>
    </formData>
</edgarSubmission>
