Each N-PORT filing of FTSL compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/285 positions became 267: 74 added (15.41% of the fund), 92 dropped (20.52%). Turnover proxy 28.7%. Largest increases: MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS 4.42% to 9.1%; TAMKO Building Products Inc 0.6% to 1.18%; Ardonagh Group Finco Pty Ltd 0.21% to 0.76%; IRB Holding Corp 1.03% to 1.52%; Filtration Group Corporation 0.63% to 1.02%; White Cap Supply Holdings LLC(f/k/a White Cap Buyer LLC) 0.84% to 1.24%. Largest decreases: Waystar Technologies Inc 1.04% to 0.25%; Project Ruby Ultimate Parent Corp 1.36% to 0.76%; Gainwell Acquisition Corp 0.83% to 0.23%; Ryan Specialty Group LLC 0.87% to 0.36%; First Advantage Holdings LLC 0.62% to 0.13%; Vista Management Holding Inc. 0.48% to 0.04%. New: 1011778 BC Unlimited Liability Company (1.04%), Triton Water Holdings Inc (0.75%), Sedgwick Claims Management Services Inc (0.64%), MI Windows and Doors LLC (0.6%), Anticimex Global AB (f/k/a Seren Bidco AB) (0.53%), Action Environmental Group Inc, The (0.51%). Gone: X Corp (f/k/a Twitter Inc) (1.26%), Triton Water Holdings Inc (0.72%), Sedgwick Claims Management Services, Inc. (0.65%), Froneri International Limited (0.55%), Miter Brands Acquisition Holdco, Inc. (0.53%), Lumen Technologies, Inc. (0.52%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 22 Jun 2026 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/281 positions became 285: 51 added (13.93% of the fund), 47 dropped (14.12%). Turnover proxy 18.7%. Largest increases: Transdigm Inc 0.46% to 0.98%; The Baldwin Insurance Group Holdings LLC 0.7% to 1.06%; Action Environmental Group Inc, The 0.19% to 0.52%; USI Inc 0.14% to 0.4%; Smyrna Ready Mix Concrete LLC 0.41% to 0.67%; Whatabrands LLC 1.52% to 1.75%. Largest decreases: Alera Group Inc 0.95% to 0.33%; Medline Borrower LP 0.67% to 0.13%; Graham Packaging Company Inc 0.88% to 0.47%; Cotiviti Inc 0.82% to 0.46%; Camelot US Acquisition I Co 1.24% to 0.93%; MSILF Treasury Portfolio 4.67% to 4.42%. New: HIG Finance 2 Limited (1.33%), IRB Holding Corp (1.03%), Garda World Security Corporation (0.9%), SCIH Salt Holdings Inc (0.81%), Parexel International Inc (f/k/a Phoenix Newco Inc) (0.75%), Charter Next Generation, Inc. (0.6%). Gone: IRB Holding Corp (1.98%), HIG Finance 2 Limited (1.5%), Garda World Security Corporation (0.91%), Informatica LLC (0.8%), Ascensus Group Holdings Inc (f/k/a Mercury Borrower Inc) (0.77%), Parexel International Inc (f/k/a Phoenix Newco Inc) (0.64%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 25 Mar 2026 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/264 positions became 281: 54 added (11.73% of the fund), 37 dropped (10.96%). Turnover proxy 18.3%. Largest increases: American Airlines Inc 0.1% to 0.69%; Triton Water Holdings Inc 0.36% to 0.65%; Quikrete Holdings Inc 0.94% to 1.21%; OneDigital Borrower LLC 0.95% to 1.18%; Ascensus Group Holdings Inc (f/k/a Mercury Borrower Inc) 0.55% to 0.77%; Acrisure LLC 1.47% to 1.66%. Largest decreases: MSILF Treasury Portfolio 5.76% to 4.67%; UKG Inc 1.54% to 0.55%; Southern Veterinary Partners LLC 1.18% to 0.56%; Epicor Software Corporation 0.68% to 0.09%; Sedgwick Claims Management Services, Inc. 1.17% to 0.66%; Veritiv Corporation 0.64% to 0.18%. New: Opal Bidco SAS (0.91%), The Baldwin Insurance Group Holdings LLC (0.7%), Filtration Group Corporation (0.66%), White Cap Supply Holdings LLC(f/k/a White Cap Buyer LLC) (0.64%), Pac Dac LLC (0.5%), Trucordia Insurance Holdings LLC (0.49%). Gone: AssuredPartners Inc. (1.19%), The Baldwin Insurance Group Holdings, LLC (1.07%), Opal Us LLC (0.87%), Pro Mach Group Inc (0.79%), FILTRATION GROU 10/23/28 (0.63%), Chamberlain Group/Chariot Buyer (0.56%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 19 Dec 2025 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/225 positions became 264: 64 added (13.33% of the fund), 25 dropped (5.19%). Turnover proxy 17.6%. Largest increases: Garda World Security Corporation 0.35% to 0.75%; Vista Management Holding Inc. 0.11% to 0.47%; Quikrete Holdings Inc 0.61% to 0.94%; Froneri International Limited 0.22% to 0.53%; Truist Insurance Holdings, LLC 0.5% to 0.76%; Cloud Software Group Inc 0.88% to 1.13%. Largest decreases: MSILF Treasury Portfolio 8.1% to 5.76%; USI Inc 1.09% to 0.1%; SS&C TECHNOLOGIES INC 0.64% to 0.07%; Broadstreet Partners Inc 0.64% to 0.1%; LABL Inc 0.74% to 0.24%; ProAmpac PG Borrower LLC 0.7% to 0.24%. New: Alera Group Inc (0.91%), Veeam Software/ VS Buyer (0.8%), FILTRATION GROU 10/23/28 (0.63%), Chamberlain Group/Chariot Buyer (0.56%), QXO BUILDING PRODUCTS (0.54%), Trucordia/PCF Insurance (BSL) (0.47%). Gone: Filtration Group Corporation (0.82%), VS Buyer LLC (0.8%), Chariot Buyer LLC (0.54%), Belron Finance US LLC (0.38%), MI Windows and Doors LLC (0.3%), TRANSDIGM INC (0.29%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Sep 2025 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/223 positions became 225: 45 added (10.88% of the fund), 43 dropped (11.56%). Turnover proxy 22.4%. Largest increases: HIG Finance 2 Limited 0.03% to 1.36%; Acrisure LLC 0.53% to 1.78%; UKG Inc 0.8% to 1.54%; Chariot Buyer LLC 0.05% to 0.54%; Whatabrands LLC 0.87% to 1.32%; Quikrete Holdings Inc 0.25% to 0.61%. Largest decreases: MSILF Treasury Portfolio 10.3% to 8.1%; AmWINS Group Inc 1.52% to 0.5%; Ccc Intelligent Solutions Inc. 1.1% to 0.12%; Medline Borrower LP 1.42% to 0.66%; IHEARTCOMMUNICATIONS INC 0.9% to 0.36%; Dun & Bradstreet Corporation (The) 1.08% to 0.55%. New: X Corp (f/k/a Twitter Inc) (1.14%), Cloud Software Group Inc (0.88%), Opal Us LLC (0.71%), Skopima Consilio Parent LLC (FKA GI Consilio) (0.7%), Veritiv Corporation (0.65%), Genesys Cloud Services Holdings II LLC (f/k/a Greeneden US H (0.5%). Gone: SolarWinds Holdings Inc (1.11%), Genesys Cloud Services Holdings Ii, LLC (1.07%), Select Medical Corporation (0.86%), Skopima Consilio (FKA GI Consilio) (0.68%), Numericable U.S. LLC (0.64%), VERITIV OPERATI 11/29/30 (0.62%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 25 Jun 2025 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/211 positions became 223: 42 added (12.88% of the fund), 30 dropped (9.13%). Turnover proxy 23.1%. Largest increases: MSILF Treasury Portfolio 5.4% to 10.3%; Clarios Global LP 0.09% to 0.88%; Proofpoint Inc 0.55% to 1.11%; PANTHER ESCROW ISSUER 0.14% to 0.6%; Project Alpha Intermediate Holding Inc 0.31% to 0.64%; Electron Bidco Inc. 0.15% to 0.47%. Largest decreases: Edelman Financial Engines Center LLC (The) 1.59% to 0.86%; Truist Insurance Holdings, LLC 1.1% to 0.38%; 1011778 BC Unlimited Liability Company 1.55% to 0.87%; Garda World Security Corporation 0.98% to 0.34%; USI Inc 1.58% to 0.96%; MH Sub I LLC 1.04% to 0.47%. New: Genesys Cloud Services Holdings Ii, LLC (1.07%), Southern Veterinary Partners LLC (1.07%), IHEARTCOMMUNICATIONS INC (0.9%), Select Medical Corporation (0.86%), The Baldwin Insurance Group Holdings, LLC (0.84%), VERITIV OPERATI 11/29/30 (0.62%). Gone: Genesys Cloud Services Holdings II LLC (f/k/a Greeneden US H (1.32%), IHEARTCOMMUNICATIONS INC (0.96%), Baldwin Risk Partners LLC (0.89%), SOUTHERN VETERI 10/30/31 (0.83%), Whitebridge Pet Brands LLC (0.75%), Veritiv Corporation (0.62%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 Mar 2025 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/199 positions became 211: 35 added (8.77% of the fund), 23 dropped (7.96%). Turnover proxy 15.9%. Largest increases: Waystar Technologies Inc 0.71% to 1.15%; Peer Holding III BV 0.26% to 0.61%; Baldwin Risk Partners LLC 0.58% to 0.89%; Grant Thornton Advisors LLC 0.22% to 0.53%; Sedgwick Claims Management Services, Inc. 1.11% to 1.33%; Level 3 Financing Inc 0.74% to 0.94%. Largest decreases: MSILF Treasury Portfolio 7.75% to 5.4%; Select Medical Corp 0.74% to 0.15%; SS&C Technologies Holdings, Inc. 0.84% to 0.35%; Fertitta Entertainment LLC 0.74% to 0.29%; Alliant Holdings Intermediate LLC 1.49% to 1.09%; Nortonlifelock Inc 0.75% to 0.4%. New: Leia Finco US LLC (1.18%), Garda World Security Corporation (0.98%), SOUTHERN VETERI 10/30/31 (0.83%), Whitebridge Pet Brands LLC (0.75%), Iris Holding Inc (0.42%), First Advantage Holdings LLC (0.4%). Gone: Darktrace Plc (1.1%), Garda Financing Delaware G.P. (0.92%), Southern Veterinary Partners, LLC (0.77%), SBA Senior Finance II LLC (0.74%), Zelis Cost Management Buyer Inc (0.71%), Nexstar Media Inc (0.61%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 19 Dec 2024 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/187 positions became 199: 39 added (13.69% of the fund), 27 dropped (12.91%). Turnover proxy 19.1%. Largest increases: MSILF Treasury Portfolio 6.88% to 7.75%; Go Daddy Operating Company, LLC 0.3% to 1.13%; Southern Veterinary Partners, LLC 0.25% to 0.77%; LS Group OPCO Acquisition LLC 0.11% to 0.48%; TricorBraun Inc 0.19% to 0.5%; OneDigital Borrower LLC 1.12% to 1.39%. Largest decreases: Waystar Technologies Inc 1.37% to 0.71%; SS&C Technologies Holdings, Inc. 1.44% to 0.84%; NEXSTAR MEDIA INC 0.76% to 0.21%; Broadstreet Partners Inc 1.65% to 1.19%; Zelis Cost Management Buyer Inc 1.16% to 0.71%; Connectwise, LLC 0.53% to 0.19%. New: Cotiviti Inc (1.22%), Sedgwick Claims Management Services, Inc. (1.11%), Darktrace Plc (1.1%), Garda Financing Delaware G.P. (0.92%), Cpi Holdco B, LLC (0.9%), IHEARTCOMMUNICATIONS INC (0.87%). Gone: Open Text Corporation (1.88%), Cotiviti Holdings, Inc. (1.26%), iHeartCommunications Inc (1.19%), DaVita Inc. (1.12%), Garda World Security Corporation (0.95%), Sedgwick Claims Management Services Inc (0.89%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 24 Sep 2024 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/166 positions became 187: 45 added (16.64% of the fund), 24 dropped (12.49%). Turnover proxy 20.3%. Largest increases: VS Buyer LLC 0.39% to 0.99%; Ryan Specialty Group LLC 0.4% to 0.91%; Polaris Newco LLC 0.01% to 0.51%; AlixPartners LLP 0.08% to 0.35%; Severin Acquisition, LLC 0.11% to 0.34%; Informatica LLC 0.65% to 0.86%. Largest decreases: AssuredPartners Inc. 3.08% to 1.52%; RealPage Inc 1.19% to 0.04%; Zayo Group Holdings Inc 0.89% to 0.24%; MSILF Treasury Portfolio 7.39% to 6.88%; SS&C Technologies Holdings, Inc. 1.82% to 1.44%; IQVIA Inc 1.05% to 0.67%. New: Genesys Cloud Services Holdings II LLC (f/k/a Greeneden US H (1.39%), Dun & Bradstreet Corporation (The) (1.3%), Cotiviti Holdings, Inc. (1.26%), Truist Insurance Holdings, LLC (1.05%), GoTo Group Inc (1.03%), Mavis Tire Express Services Topco Corp (0.79%). Gone: Verscend Holding Corp (3.16%), The Dun &Amp; Bradstreet Corporation (1.32%), CCO HLDGS LLC/CAP CORP (1.14%), Mavis Tire Express Services Topco, Corp. (0.76%), Greeneden US Holdings II LLC (0.69%), LogMein Inc (0.62%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 Jun 2024 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/164 positions became 166: 24 added (9.26% of the fund), 22 dropped (11.84%). Turnover proxy 17.2%. Largest increases: MSILF Treasury Portfolio 5.75% to 7.39%; Whatabrands LLC 0.08% to 0.76%; Broadstreet Partners Inc 1.12% to 1.68%; AmWINS Group Inc 0.97% to 1.4%; USI Inc 1.2% to 1.56%; Ccc Intelligent Solutions Inc. 0.8% to 1.14%. Largest decreases: SBA Senior Finance II LLC 1.81% to 0.95%; SS&C Technologies Holdings, Inc. 2.57% to 1.82%; Berry Global Inc 1.24% to 0.58%; Alliant Holdings Intermediate LLC 1.95% to 1.52%; HUB International Ltd 2.19% to 1.77%; Camelot US Acquisition I Co 2.01% to 1.65%. New: Zelis Cost Management Buyer Inc (1.45%), The Dun &Amp; Bradstreet Corporation (1.32%), Mavis Tire Express Services Topco, Corp. (0.76%), UKG INC ULTI TLD 1/31/31 (0.59%), Wand NewCo 3 Inc (0.58%), Flutter Entertainment Public Limited Company (0.57%). Gone: ZELIS PAYMENTS 09/30/26 (2.99%), Dun & Bradstreet Corporation (The) (1.35%), BMC Software (Boxer/ Bladelogic) (1.14%), PG&E Corporation (0.91%), HUB INTERNATIONAL LTD (0.74%), CSC Holdings LLC (0.7%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 27 Mar 2024 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/155 positions became 164: 19 added (4.87% of the fund), 10 dropped (1.46%). Turnover proxy 10.9%. Largest increases: Ccc Intelligent Solutions Inc. 0.04% to 0.8%; OneDigital Borrower LLC 0.31% to 0.91%; Garda World Security Corporation 0.21% to 0.76%; Sinclair Television Group Inc 0.15% to 0.61%; Informatica LLC 0.29% to 0.67%; Sedgwick Claims Management Services Inc 0.39% to 0.75%. Largest decreases: PG&E Corporation 2.68% to 0.91%; IQVIA Inc 2.33% to 1.2%; MSILF Treasury Portfolio 6.79% to 5.75%; CSC HOLDINGS LLC 1.53% to 0.61%; Verscend Holding Corp 3.93% to 3.23%; USI Inc 1.56% to 1.2%. New: CSC HOLDINGS LLC (1.02%), UNITED RENTALS NORTH AM (0.62%), Select Medical Corp (0.6%), ProAmpac PG Borrower LLC (0.56%), VICI PROPERTIES / NOTE (0.43%), Central Parent Inc (0.3%). Gone: Hyland Software Inc (0.39%), CDK Global Inc (0.31%), Trans Union LLC (0.23%), ADMI Corp (0.17%), SELECT MEDICAL 03/06/27 (0.15%), Commscope Inc (0.11%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 20 Dec 2023 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/151 positions became 155: 14 added (3.84% of the fund), 10 dropped (4.81%). Turnover proxy 13.4%. Largest increases: MSILF Treasury Portfolio 4.81% to 6.79%; Broadstreet Partners Inc 0.39% to 1.01%; USI Inc 1.05% to 1.56%; Dun & Bradstreet Corporation (The) 0.9% to 1.37%; Waystar Technologies Inc 0.9% to 1.36%; BMC Software (Boxer/ Bladelogic) 0.62% to 1%. Largest decreases: HUB International Ltd 3.46% to 2.23%; IQVIA Inc 3.44% to 2.33%; CCO HLDGS LLC/CAP CORP 2.38% to 1.46%; SS&C Technologies Holdings, Inc. 3.28% to 2.7%; Berry Global Inc 2.01% to 1.43%; 1011778 BC Unlimited Liability Company 2.25% to 1.78%. New: MH Sub I LLC (0.99%), Stars Group Holdings BV (0.39%), Ryan Specialty Group LLC (0.37%), EMRLD Borrower LP (0.32%), CDK Global Inc (0.31%), OneDigital Borrower LLC (0.31%). Gone: MH Sub I, LLC (2.19%), Finastra USA Inc (0.58%), Clarios Global LP (0.57%), PetsMart LLC (0.41%), BROADSTREET PARTNERS INC BROPAR TL B3 1L USD (0.31%), Aveanna Healthcare LLC (0.3%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 Sep 2023 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/152 positions became 151: 9 added (1.84% of the fund), 10 dropped (2.16%). Turnover proxy 15.2%. Largest increases: SBA Senior Finance II LLC 1.27% to 2.23%; IQVIA Inc 2.6% to 3.44%; SS&C Technologies Holdings, Inc. 2.61% to 3.28%; Verscend Holding Corp 3.33% to 3.96%; ZELIS PAYMENTS 09/30/26 2.27% to 2.89%; Open Text Corporation 1.43% to 1.95%. Largest decreases: MSILF Treasury Portfolio 8.73% to 4.81%; IRB Holding Corp 3.06% to 1.68%; MH Sub I, LLC 3.25% to 2.19%; Alliant Holdings Intermediate LLC 2.63% to 1.77%; Pactiv Evergreen Group Holdings Inc. 0.76% to 0.08%; Applied Systems Inc 0.76% to 0.12%. New: LABL Inc (0.56%), BROADSTREET PARTNERS INC BROPAR TL B3 1L USD (0.31%), LPL Holdings Inc (0.22%), Nortonlifelock Inc (0.2%), Trans Union LLC (0.16%), Ultimate Software Group Inc (The) (0.13%). Gone: Wyndham Hotels & Resorts Inc (0.52%), Packers Holding LLC (0.48%), TENET HEALTHCARE CORP (0.37%), Caesars Resort Collection LLC (0.33%), Portillos Holdings LLC (0.16%), Aramark Services Inc (0.14%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 22 Jun 2023 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/174 positions became 152: 11 added (3.13% of the fund), 33 dropped (6.63%). Turnover proxy 21.7%. Largest increases: MSILF Treasury Portfolio 4.77% to 8.73%; IQVIA Inc 0.06% to 2.6%; SS&C Technologies Holdings, Inc. 0.94% to 2.61%; Open Text Corporation 0.03% to 1.43%; Charter Communications Operating LLC 0.52% to 1.56%; Berry Global Inc 0.81% to 1.69%. Largest decreases: Hyland Software Inc 2.64% to 0.4%; USI Inc 2.19% to 0.79%; Greeneden US Holdings II LLC 2.1% to 0.88%; Applied Systems Inc 1.82% to 0.76%; SolarWinds Holdings Inc 1.99% to 0.94%; Caesars Resort Collection LLC 1.01% to 0.33%. New: Nexstar Media Inc (0.62%), TENET HEALTHCARE CORP (0.58%), Hilton Worldwide Finance LLC (0.46%), TENET HEALTHCARE CORP (0.37%), Univision Communications Inc (0.34%), Avantor Funding Inc (0.25%). Gone: SIRIUS XM RADIO INC (0.65%), Phoenix Guarantor Inc (0.63%), Azalea TopCo Inc (0.52%), Sunshine Luxembourg VII SARL (0.52%), TENET HEALTHCARE CORP (0.52%), Univision Communications Inc. (0.51%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 30 Mar 2023 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/214 positions became 174: 127 added (75.08% of the fund), 167 dropped (80.49%). Turnover proxy 81.8%. Largest increases: MSILF Treasury Portfolio 1.88% to 4.77%; HUB International Ltd 1% to 2.78%; Hyland Software Inc 2.05% to 2.64%; ZELIS PAYMENTS 09/30/26 1.81% to 2.09%; Azalea TopCo Inc 0.29% to 0.52%; CSC Holdings LLC 0.33% to 0.53%. Largest decreases: Asurion LLC 1.12% to 0.44%; Ensemble RCM LLC 1% to 0.52%; ZAYO GROUP HOLDINGS INC 0.12% to 0.06%; GLOBAL MEDICAL RESPONSE 0.7% to 0.66%; 1011778 BC / NEW RED FIN 0.04% to 0.02%; GOTO GROUP INC 0.08% to 0.07%. New: MH Sub I, LLC (3.13%), IRB Holding Corp (2.91%), Verscend Holding Corp (2.8%), PG&E Corporation (2.5%), Alliant Holdings Intermediate LLC (2.38%), AssuredPartners Inc. (2.27%). Gone: PG&E CORP PCG T 06/23/25 (2.21%), VERSCEND HOLDIN 08/27/25 (2.2%), CHANGE HEALTHCARE HOLDINGS (2.1%), APPLIED SYSTEMS9/19/2024 (2.03%), SOLARWINDS HOLD 02/05/24 (2.02%), IRB HOLDING COR (1.98%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 21 Dec 2022 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/276 positions became 214: 17 added (2.47% of the fund), 79 dropped (10.09%). Turnover proxy 20.5%. Largest increases: ALLIANT HOLDINGS INTERMEDI 0.9% to 1.82%; IRB HOLDING COR 1.46% to 1.98%; VERSCEND HOLDIN 08/27/25 1.68% to 2.2%; GREENEDEN US HO 10/08/27 1.41% to 1.93%; CCO HLDGS LLC/CAP CORP 1.27% to 1.74%; SOLARWINDS HOLD 02/05/24 1.58% to 2.02%. Largest decreases: MSILF Treasury Portfolio 6.04% to 1.88%; ELECTRON BIDCO 10/07/28 1.1% to 0.44%; HERTZ CORP/THE 06/14/28 0.74% to 0.19%; FRONTIER COMMUN 10/08/27 0.61% to 0.08%; UNIVISION COMMUNICATIONS 1.06% to 0.54%; JAZZ FINANCING 04/21/28 1.35% to 0.94%. New: SIRIUS XM RADIO INC (0.53%), BAUSCH HEALTH C 01/27/27 (0.36%), 1011778 BC ULC 11/19/26 (0.27%), VMWARE INC (0.22%), MALLINCKRODT 20 09/30/27 (0.21%), BAXTER INTERNATIONAL INC (0.17%). Gone: BAUSCH HEALTH COS INC BHCCN TL B 1L USD (1.56%), US RENAL CARE INC (0.83%), MALLINCKRODT INTERNATIONAL (0.65%), TRUCK HERO INC 01/19/28 (0.45%), DEXKO GLOBAL IN 09/24/28 (0.32%), TENET HEALTHCARE CORP (0.26%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 28 Sep 2022 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/295 positions became 276: 60 added (18.48% of the fund), 79 dropped (17.52%). Turnover proxy 30.6%. Largest increases: EDELMAN FINANCI 04/07/28 0.18% to 0.86%; GREENEDEN US HO 10/08/27 1% to 1.41%; ASURION LLC 0.57% to 0.98%; ASSUREDPARTNERS 02/13/27 0.24% to 0.64%; IRB HOLDING COR 1.06% to 1.46%; MH SUB I LLC IN 09/13/24 1.02% to 1.4%. Largest decreases: MSILF Treasury Portfolio 12.79% to 6.04%; MALLINCKRODT IN 0.84% to 0.13%; EDELMAN FINANCIAL CENTER EDEFIN TL B 1L USD 0.63% to 0.02%; EPICOR SOFTWARE CORP EGLPT TL B 1L USD 0.32% to 0%; HERTZ CORP/THE 06/14/28 1.02% to 0.74%; WHATABRANDS LLC WHABRA TL B 1L USD 0.28% to 0.02%. New: CHANGE HEALTHCARE HOLDINGS (1.75%), HYLAND SOFTWARE INC (1.64%), USI INC/NY (1.4%), CCO HLDGS LLC/CAP CORP (1.27%), UNIVISION COMMUNICATIONS (1.06%), ALLIANT HOLDINGS INTERMEDI (0.9%). Gone: CHANGE HEALTHCARE HOLDINGS INC (1.35%), HYLAND SOFTWARE 07/01/24 (1.23%), CAESARS RESORT (1.17%), MCAFEE LLC MCAF 09/30/24 (1.03%), UNIVISION COMMU 03/15/24 (0.95%), ALLIANT HOLDINGS INTERMEDIATE LLC (0.85%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 23 Jun 2022 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/288 positions became 295: 51 added (11.33% of the fund), 44 dropped (8.34%). Turnover proxy 22.4%. Largest increases: MSILF Treasury Portfolio 10.36% to 12.79%; PG&E CORP PCG T 06/23/25 0.96% to 1.8%; ELECTRON BIDCO 10/07/28 0.09% to 0.92%; CSC HOLDINGS LLC 0.86% to 1.37%; WCG PURCHASER C 01/08/27 0.05% to 0.54%; CAMELOT FINANCE 10/31/26 0.69% to 1.02%. Largest decreases: PHOENIX NEWCO INC PRXL TL 1L USD 1.25% to 0.05%; ELECTRON BIDCO INC EXAM TL 1L USD 0.97% to 0.07%; GATES GLOBAL LL 03/31/27 0.86% to 0.09%; UNIVISION COMMU 03/15/24 1.46% to 0.95%; DUN & BRADSTREE 02/08/26 1.04% to 0.71%; VERSCEND HOLDIN 08/27/25 1.68% to 1.36%. New: FERTITTA ENTERT 01/13/29 (1.55%), BAUSCH HEALTH COS INC BHCCN TL B 1L USD (1.2%), PHOENIX NEWCO I 08/10/28 (1.02%), ATHENAHEALTH IN 01/27/29 (0.95%), EDELMAN FINANCIAL CENTER EDEFIN TL B 1L USD (0.63%), CHARIOT BUYER L 10/22/28 (0.55%). Gone: GOLDEN NUGGET N 10/04/23 (1.65%), ATHENAHEALTH IN2/11/2026 (1.03%), VALEANT PHARMACEUTICALS (0.62%), CHARIOT BUYER LLC CHAGRO TL B 1L USD (0.49%), INFORMATICA LLC 02/14/27 (0.44%), IRB HOLDING COR 11/19/27 (0.44%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 30 Mar 2022 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/269 positions became 288: 70 added (15.63% of the fund), 51 dropped (14.02%). Turnover proxy 26.7%. Largest increases: JAZZ FINANCING 04/21/28 0.54% to 1.41%; UNIVISION COMMU 03/15/24 0.89% to 1.46%; MCAFEE LLC MCAF 09/30/24 0.51% to 1.03%; SUNSHINE LUXEMB0/02/2026 0.62% to 1.1%; VERSCEND HOLDIN 08/27/25 1.2% to 1.68%; GLOBAL MEDICAL RESPONSE 0.22% to 0.69%. Largest decreases: MSILF Treasury Portfolio 13.88% to 10.36%; MCAFEE LLC MCAFEE TL B 1L USD 1.13% to 0.31%; GRAHAM PACKAGIN 08/04/27 1.26% to 0.5%; SURGERY CENTER 08/31/26 0.7% to 0.28%; PROOFPOINT INC PFPT TL B 1L USD 0.45% to 0.08%; VALEANT PHARMACEUTICALS 0.98% to 0.62%. New: PHOENIX NEWCO INC PRXL TL 1L USD (1.25%), ELECTRON BIDCO INC EXAM TL 1L USD (0.97%), CSC HOLDINGS LLC (0.86%), MOZART BORROWER 09/30/28 (0.8%), PACTIV EVERGREE 09/20/28 (0.72%), CHG HEALTHCARE 09/22/28 (0.69%). Gone: MPH ACQUISITION (1.96%), WEST STREET ME (1.47%), CHG HEALTHCARE (1.16%), EXAMWORKS GROUP (0.97%), CCC INFORMATION SERVICES INC CCCG TERM LOAN B (0.91%), CCC INFORMATION (0.72%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 22 Dec 2021 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/251 positions became 269: 80 added (12.78% of the fund), 62 dropped (10.54%). Turnover proxy 22.8%. Largest increases: MSILF Treasury Portfolio 12.73% to 13.88%; REALPAGE INC RP 03/16/24 0.21% to 0.9%; CCC INFORMATION SERVICES INC CCCG TERM LOAN B 0.26% to 0.91%; CCC INFORMATION 0.21% to 0.72%; CHANGE HEALTHCARE HOLDINGS INC 1.14% to 1.57%; UNIVISION COMMUNICATIONS UVN TL C5 1L USD 0.03% to 0.45%. Largest decreases: BOXER PARENT CO 10/02/25 1.22% to 0.59%; ALIXPARTNERS LL1/27/2028 0.61% to 0.01%; MALLINCKRODT INTERNATIONAL MNK TERM LOAN B 0.66% to 0.07%; MCAFEE LLC MCAF 09/30/24 1.06% to 0.51%; RADIOLOGY PARTN 07/09/25 0.74% to 0.39%; ENDO LUXEMBOURG3/11/2028 1.63% to 1.29%. New: UNIVISION COMMU 03/15/24 (0.89%), HERTZ CORP/THE HTZ TL B-EXIT 1L USD (0.61%), SCIENTIFIC GAMES INTERNATIONAL INC (0.58%), HERTZ CORP/THE 06/14/28 (0.55%), JAZZ FINANCING 04/21/28 (0.54%), PROOFPOINT INC PFPT TL B 1L USD (0.45%). Gone: SOLERA LLC SLH 03/03/23 (1.7%), REALPAGE INC RP TL B 1L USD (0.84%), VERTICAL US NEW (0.52%), iHeartCommunications Inc (0.45%), UNIVISION COMMUNICATIONS (0.41%), AVEANNA HEALTHC 03/16/24 (0.37%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 Sep 2021 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/184 positions became 251: 111 added (28.72% of the fund), 44 dropped (21.06%). Turnover proxy 39.7%. Largest increases: MSILF Treasury Portfolio 8.91% to 12.73%; SOLERA LLC SLH 03/03/23 0.8% to 1.7%; ZELIS PAYMENTS 09/30/26 0.92% to 1.59%; RADIOLOGY PARTN 07/09/25 0.15% to 0.74%; CHANGE HEALTHCARE HOLDINGS INC 0.56% to 1.14%; REYNOLDS GROUP 0.19% to 0.6%. Largest decreases: ALIXPARTNERS LLP ALIXPA TL B 1L USD 1.37% to 0.05%; FRONT RANGE BID 02/28/27 1.44% to 0.16%; HUB INTERNATIONAL LTD 2.34% to 1.35%; CITYCENTER HOLD 1.4% to 0.5%; IHEARTCOMMUNICA 04/29/26 1.5% to 0.62%; Alliant Holdings Intermediate LLC 2.18% to 1.47%. New: ENDO LUXEMBOURG3/11/2028 (1.63%), GRAHAM PACKAGIN 08/04/27 (1.52%), DUN & BRADSTREE 02/08/26 (1.43%), VERSCEND HOLDIN 08/27/25 (1.27%), APPLIED SYSTEMS9/19/2024 (1.25%), BOXER PARENT CO 10/02/25 (1.22%). Gone: AMWINS GROUP LLC (2.11%), VERSCEND HOLDINGS (1.8%), BANFF MERGER SU 10/2/2025 (1.74%), GRAHAM PACKAGIN 07/28/27 (1.69%), ENDO LUXEMBOURG (1.54%), APPLIED SYSTEMS INC (1.54%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 23 Jun 2021 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/160 positions became 184: 63 added (18.79% of the fund), 39 dropped (16.93%). Turnover proxy 29.7%. Largest increases: Morgan Stanley Institutional Liquidity Funds - Treasury Port 4.8% to 8.91%; GRAHAM PACKAGIN 07/28/27 0.9% to 1.69%; BANFF MERGER SU 10/2/2025 1% to 1.74%; MPH ACQUISITION HOLDINGS MLTPLN TERM LOAN B 0.04% to 0.73%; SOLERA LLC SLH 03/03/23 0.27% to 0.8%; VERSCEND HOLDINGS 1.31% to 1.8%. Largest decreases: ASURION LLC 2.39% to 0.98%; MA FINANCECO LLC 1.79% to 0.47%; GREENEDEN US HOLDINGS II GCTI TL B 1L USD 0.87% to 0.05%; VALEANT PHARMACEUTICALS 2.43% to 1.71%; PROJECT ALPHA I 0.88% to 0.18%; CLUBCORP HOLDIN 0.72% to 0.21%. New: ATHENAHEALTH IN2/11/2026 (1.97%), ALIXPARTNERS LLP ALIXPA TL B 1L USD (1.37%), PG&E CORP PCG T 06/23/25 (1.03%), FRONTIER COMMUN 10/08/27 (1.01%), RADIOLOGY PARTNERS INC RADPAR TL B 1L USD (0.95%), GREENEDEN US HO 10/08/27 (0.84%). Gone: FINANCIAL & RIS 10/01/25 (1.93%), VVC HOLDING COR 02/15/26 (1.87%), JAGUAR HOLDING (1.86%), ALIXPARTNERS LL 04/04/24 (1.06%), PACIFIC GAS & E 06/18/25 (0.99%), NEXSTAR BROADCA 07/15/26 (0.88%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 30 Mar 2021 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/164 positions became 160: 39 added (13.01% of the fund), 43 dropped (15.53%). Turnover proxy 20.2%. Largest increases: VVC HOLDING COR 02/15/26 1.06% to 1.87%; VERSCEND HOLDINGS 0.74% to 1.31%; CUMULUS MEDIA NEW HLDGS 0.14% to 0.65%; MH SUB I LLC IN 09/15/24 0.21% to 0.7%; HYLAND SOFTWARE 07/01/24 1.37% to 1.84%; PACIFIC GAS & E 06/18/25 0.56% to 0.99%. Largest decreases: REYNOLDS GROUP 1.51% to 0.59%; NEXSTAR BROADCA 07/15/26 1.37% to 0.88%; EW SCRIPPS CO S 05/01/26 0.57% to 0.13%; SELECT MEDICAL CORP 0.48% to 0.05%; AIR MEDICAL GROUP HOLDINGS INC 0.48% to 0.06%; MARCEL LUX IV S 9/26/2025 0.36% to 0.07%. New: IRB HOLDING COR (1.13%), ZELIS PAYMENTS 09/30/26 (1.01%), BANFF MERGER SU 10/2/2025 (1%), GRAHAM PACKAGIN 07/28/27 (0.9%), GREENEDEN US HOLDINGS II GCTI TL B 1L USD (0.87%), LOGMEIN INC LOG 08/31/27 (0.86%). Gone: GOODRX INC (1.45%), SS&C TECHNOLOGI 04/16/25 (1.42%), QUIKRETE HOLDIN 01/31/27 (0.84%), NEXSTAR BROADCASTING INC (0.78%), HOSTESS BRANDS 08/03/25 (0.78%), CENTURYLINK INC 03/15/27 (0.77%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 22 Dec 2020 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/175 positions became 164: 23 added (5.52% of the fund), 34 dropped (7.41%). Turnover proxy 13.3%. Largest increases: MCAFEE LLC MCAF 09/30/24 0.99% to 1.67%; MALLINCKRODT IN 0.52% to 1.1%; ALTICE FRANCE S 07/11/26 0.09% to 0.67%; JAGUAR HOLDING 1.49% to 1.96%; ASURION LLC 1.65% to 2.08%; FINANCIAL & RIS 10/01/25 1.5% to 1.89%. Largest decreases: Morgan Stanley Institutional Liquidity Funds - Treasury Port 7.36% to 4.86%; VALEANT PHARMACEUTICALS 2.81% to 2.37%; CITADEL SECURIT 02/27/26 0.83% to 0.41%; GRAY TELEVISION 11/01/25 0.39% to 0.08%; CSC HOLDINGS LL 04/15/27 0.8% to 0.52%; BERRY PLASTICS 07/01/26 0.7% to 0.45%. New: T-MOBILE USA IN4/01/2027 (0.73%), EPICOR SOFTWARE CORP EGLPT TL B 1L USD (0.67%), PACIFIC GAS & E 06/18/25 (0.56%), FRONTIER COMMUN 06/15/24 (0.36%), COLT MERGER SUB INC (0.33%), MA FINANCECO LL 06/15/25 (0.32%). Gone: MA FINANCECO LL 11/30/21 (0.81%), MCAFEE LLC MCAFEE TL B 1L USD (0.63%), T-MOBILE USA INC TMUS TL 1L USD (0.51%), JAGUAR HOLDING CO II PPDI TERM LOAN (0.45%), ASURION LLC ASUCOR TERM LOAN B6 (0.4%), MALLINCKRODT INTERNATIONAL MNK TERM LOAN B (0.4%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Sep 2020 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/211 positions became 175: 41 added (11.83% of the fund), 77 dropped (21.63%). Turnover proxy 28.3%. Largest increases: SOLARWINDS HOLD 02/05/24 0.28% to 1.3%; Morgan Stanley Institutional Liquidity Funds - Treasury Port 6.35% to 7.36%; GOODRX INC 0.63% to 1.43%; IHEARTCOMMUNICA 04/29/26 0.84% to 1.53%; HUB INTERNATIONAL LTD 2.07% to 2.64%; MA FINANCECO LLC 1.35% to 1.9%. Largest decreases: BJ'S WHOLESALE 02/03/24 0.96% to 0.14%; DAVITA INC DVA 08/12/26 0.99% to 0.29%; ALIXPARTNERS LL 04/04/24 1.81% to 1.21%; LEVEL 3 PARENT 03/01/27 0.69% to 0.22%; JELD WEN INC JE 0.45% to 0%; VIRGIN MEDIA BR 01/04/28 0.81% to 0.42%. New: FRONT RANGE BID 02/28/27 (1.71%), CITADEL SECURIT 02/27/26 (0.83%), TRANSDIGM INC T 08/22/24 (0.75%), SURF HOLDINGS S 02/28/27 (0.72%), MCAFEE LLC MCAFEE TL B 1L USD (0.63%), ASSUREDPARTNERS 02/15/27 (0.6%). Gone: FIRST TRUST ENHANCED SHORT MATURITY ETF (1.79%), STARS GROUP HOL 07/28/25 (1.7%), USI INC/NY COMI (1.23%), DEERFIELD HOLDI (1.23%), 1011778 BC ULC 11/14/26 (1.22%), DELL INTERNATIO 09/16/25 (0.81%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 24 Jun 2020 12:00:00 GMThttps://themulden.com/funds/ftsl/https://themulden.com/funds/ftsl/199 positions became 211: 61 added (21.17% of the fund), 49 dropped (21.99%). Turnover proxy 29.2%. Largest increases: Morgan Stanley Institutional Liquidity Funds - Treasury Port 2.19% to 6.35%; ALLIANT HOLDINGS INTERMEDIATE LLC 1.11% to 1.86%; CINEWORLD FINAN 0.91% to 1.28%; SELECT MEDICAL CORP 0.32% to 0.67%; MCAFEE LLC MCAF 09/30/24 0.25% to 0.45%; AIR MEDICAL GROUP HOLDINGS INC 0.29% to 0.46%. Largest decreases: DEERFIELD HOLDI 1.71% to 1.23%; NFP CORP NFP TERM LOAN 0.62% to 0.18%; ALMONDE INC MSY 0.61% to 0.3%; VALEANT PHARMACEUTICALS 2.58% to 2.3%; TGP HOLDINGS II 0.53% to 0.27%; BAUSCH HEALTH COS INC 0.27% to 0.03%. New: ALIXPARTNERS LL 04/04/24 (1.81%), 1011778 BC ULC 11/14/26 (1.22%), FINANCIAL & RIS 10/01/25 (1.18%), QUIKRETE HOLDIN 01/31/27 (1.16%), SS&C TECHNOLOGI 04/16/25 (1.05%), DAVITA INC DVA 08/12/26 (0.99%). Gone: ALIXPARTNERS LLP (2%), QUIKRETE HOLDIN (1.88%), FINANCIAL & RISK US HOLD (1.29%), BJ'S WHOLESALE (1.22%), DAVITA INC DVA 08/07/26 (1.1%), 1011778 BC UNLIMITED LIABILITY COMPANY (1.06%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Mar 2020 12:00:00 GMT