PPM AMERICA INC/IL Diversified Active

CIK: 0000898417 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 11, 2026

Total Value ($000): $10,928 (100.0% shares, 0.0% debt)

Holdings (4)

Exited Positions (2)

USHY ISHARES BROAD USD HI 78.5%

Value ($000) $8,578 Shares 227,053 Est. Cost $37.78 Unrealized —

SATS EchoStar Corp 2.7%

Value ($000) $300 Shares 3,928 Est. Cost $45.28 Unrealized +79.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
USHY	ISHARES BROAD USD HI	227,053	$8,578	78.5%	$37.78	—	—	46435U853
SATS	EchoStar Corp	3,928	$300	2.7%	$45.28	+79.8%	—	278768106

Unchanged Positions (4)

CCO Clear Channel Outdoo 14.3%

Value ($000) $1,559 Shares 705,613 Est. Cost $2.50 Unrealized -25.7%

IHRT iHeartMedia Inc 11.3%

Value ($000) $1,234 Shares 296,607 Est. Cost $24.65 Unrealized -84.8%

MPLX MPLX LP 42.6%

Value ($000) $4,654 Shares 87,200 Est. Cost $28.47 Unrealized —

SANG Sangoma Technologies 31.9%

Value ($000) $3,480 Shares 688,523 Est. Cost $3.98 Unrealized +27.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCO	Clear Channel Outdoo	705,613	$1,559	14.3%	$2.50	-25.7%	Clear Channel Outdoor Holdings	18453H106
IHRT	iHeartMedia Inc	296,607	$1,234	11.3%	$24.65	-84.8%	iHeartMedia Inc	45174J509
MPLX	MPLX LP	87,200	$4,654	42.6%	$28.47	—	MPLX LP	55336V100
SANG	Sangoma Technologies	688,523	$3,480	31.9%	$3.98	+27.8%	Sangoma Technologies Corp	80100R408