Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NRG	NRG ENERGY INC	712,345 (+24.3%)	$104M (+24.3%)	13.5%	$68.16	—	COM NEW	629377508
OCFC	OCEANFIRST FINL CORP	539,542 (+95.8%)	$10.54M (+112.0%)	1.4%	$19.07	—	COM	675234108

Exited Positions (1)

SVC SERVICE PPTYS TR 0.1%

Value $938K Shares 692,346 Est. Cost $9.96 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SVC	SERVICE PPTYS TR	692,346	$938K	0.1%	$9.96	—	—	81761L102

Decreased Positions (4)

TLN TALEN ENERGY CORP 4.0%

Value $30.66M (-62.6%) Shares 79,793 (-69.0%) Est. Cost $138.87 Unrealized —

GASS STEALTHGAS INC 4.7%

Value $36.45M (-16.2%) Shares 4,613,384 (-2.7%) Est. Cost $4.94 Unrealized —

CNK CINEMARK HLDGS INC 0.3%

Value $2.059M (-72.2%) Shares 64,891 (-75.0%) Est. Cost $26.23 Unrealized —

VST VISTRA CORP 12.0%

Value $93.07M (-1.6%) Shares 586,724 (-6.8%) Est. Cost $54.77 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TLN	TALEN ENERGY CORP	79,793 (-69.0%)	$30.66M (-62.6%)	4.0%	$138.87	—	COM	87422Q109
GASS	STEALTHGAS INC	4,613,384 (-2.7%)	$36.45M (-16.2%)	4.7%	$4.94	—	SHS	Y81669106
CNK	CINEMARK HLDGS INC	64,891 (-75.0%)	$2.059M (-72.2%)	0.3%	$26.23	—	COM	17243V102
VST	VISTRA CORP	586,724 (-6.8%)	$93.07M (-1.6%)	12.0%	$54.77	—	COM	92840M102

Unchanged Positions (18)

EXE EXPAND ENERGY CORPORATION 23.8%

Value $184M Shares 2,019,894 Est. Cost $36.02 Unrealized —

AFRM AFFIRM HLDGS INC 5.4%

Value $41.92M Shares 514,100 Est. Cost $43.24 Unrealized —

ALLY ALLY FINL INC 12.4%

Value $95.72M Shares 2,083,219 Est. Cost $23.19 Unrealized —

ACT ENACT HLDGS INC 7.7%

Value $59.36M Shares 1,298,718 Est. Cost $17.20 Unrealized —

CHRD CHORD ENERGY CORPORATION 2.8%

Value $21.47M Shares 187,840 Est. Cost $100.33 Unrealized —

WSBC WESBANCO INC 4.6%

Value $35.48M Shares 909,091 Est. Cost $30.62 Unrealized —

DBD DIEBOLD NIXDORF INC 2.4%

Value $18.33M Shares 215,568 Est. Cost $25.01 Unrealized —

COOK TRAEGER INC 0.4%

Value $2.992M Shares 37,960 Est. Cost $29.00 Unrealized —

NCMI NATIONAL CINEMEDIA INC 0.8%

Value $6.38M Shares 1,678,903 Est. Cost $3.96 Unrealized —

KRC KILROY REALTY CORP 0.4%

Value $2.977M Shares 79,449 Est. Cost $28.21 Unrealized —

FPH FIVE POINT HOLDINGS LLC 0.8%

Value $6.104M Shares 1,158,162 Est. Cost $15.19 Unrealized —

BBT BEACON FINANCIAL CORP. 1.5%

Value $11.61M Shares 381,184 Est. Cost $26.11 Unrealized —

SKIN SKINHEALTH SYSTEMS INC 0.1%

Value $441K Shares 636,954 Est. Cost $10.17 Unrealized —

DEC DIVERSIFIED ENERGY CO 0.0%

Value $236K Shares 17,009 Est. Cost $13.84 Unrealized —

NATL NCR ATLEOS CORPORATION 0.8%

Value $6.229M Shares 143,500 Est. Cost $34.72 Unrealized —

— AFFIRM HLDGS INC 0.1%

Value $1.054M Shares 1,074,000 Est. Cost $0.61 Unrealized —

VAL VALARIS LTD 0.0%

Value $47,771 Shares 658 Est. Cost $25.06 Unrealized —

— EPR PPTYS 0.0%

Value $25,620 Shares 1,000 Est. Cost $25.58 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EXE	EXPAND ENERGY CORPORATION	2,019,894	$184M	23.8%	$36.02	—	COM	165167735
AFRM	AFFIRM HLDGS INC	514,100	$41.92M	5.4%	$43.24	—	COM CL A	00827B106
ALLY	ALLY FINL INC	2,083,219	$95.72M	12.4%	$23.19	—	COM	02005N100
ACT	ENACT HLDGS INC	1,298,718	$59.36M	7.7%	$17.20	—	COM	29249E109
CHRD	CHORD ENERGY CORPORATION	187,840	$21.47M	2.8%	$100.33	—	COM NEW	674215207
WSBC	WESBANCO INC	909,091	$35.48M	4.6%	$30.62	—	COM	950810101
DBD	DIEBOLD NIXDORF INC	215,568	$18.33M	2.4%	$25.01	—	COM SHS	253651202
COOK	TRAEGER INC	37,960	$2.992M	0.4%	$29.00	—	COM NEW	89269P202
NCMI	NATIONAL CINEMEDIA INC	1,678,903	$6.38M	0.8%	$3.96	—	COM NEW	635309206
KRC	KILROY REALTY CORP	79,449	$2.977M	0.4%	$28.21	—	COM	49427F108
FPH	FIVE POINT HOLDINGS LLC	1,158,162	$6.104M	0.8%	$15.19	—	COM CL A	33833Q106
BBT	BEACON FINANCIAL CORP.	381,184	$11.61M	1.5%	$26.11	—	COM	084680107
SKIN	SKINHEALTH SYSTEMS INC	636,954	$441K	0.1%	$10.17	—	COM CL A	88331L108
DEC	DIVERSIFIED ENERGY CO	17,009	$236K	0.0%	$13.84	—	COMMON STOCK	25520W107
NATL	NCR ATLEOS CORPORATION	143,500	$6.229M	0.8%	$34.72	—	COM SHS	63001N106
—	AFFIRM HLDGS INC	1,074,000	$1.054M	0.1%	$0.61	—	NOTE 11/1	00827BAB2
VAL	VALARIS LTD	658	$47,771	0.0%	$25.06	—	CL A	G9460G101
—	EPR PPTYS	1,000	$25,620	0.0%	$25.58	—	PFD C CV 5.75%	26884U208