Global Media & Entertainment Investments Ltd

The portfolio experienced significant growth during the quarter, increasing in value by 63.1% (rising from $31.93 million to $52.06 million). This substantial appreciation is notable because the data indicates that the position remained "unchanged" in terms of share count (18.14 million shares), implying that the entire $20.13 million increase in portfolio value was driven solely by the price appreciation of the underlying asset, rather than capital inflows or additional buying.

2. Key Holdings

The sole holding in the portfolio is iHeartMedia Inc, which comprises 100% of the total assets at a value of $52.06 million. The firm holds 18.14 million shares of the company.