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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <name>Octagon 74 Ltd</name>
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        <name>Flutter Financing BV</name>
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        <name>Vista Point Securitization Trust</name>
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        <name>MACY'S RETAIL HLDGS LLC</name>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>TLWND 2019-1</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>VENTURE GLOBAL LNG INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>First Horizon Alternative Mortgage Securities</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ADAMS OUTDOOR ADVERTISING</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RECESS HOLDINGS INC</name>
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        <name>Gloves Buyer Inc</name>
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        <name>Capital Securities Corp.</name>
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        <name>FUGUE FINANCE BV</name>
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        <name>Bank of America NA</name>
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        <name>BP CAPITAL MARKETS PLC</name>
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        <name>Vision Solutions Inc</name>
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        <name>Carval CLO LTD</name>
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        <name>Morgan Stanley Capital Services LLC</name>
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        <name>LCM Ltd Partnership</name>
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        <name>AASET 2021-1 Trust</name>
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        <name>Capital Securities Corp.</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GLP CAPITAL LP / FIN II</name>
        <lei>N/A</lei>
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          <isin value="US361841AR08"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Countrywide Home Loans</name>
        <lei>N/A</lei>
        <title>CHL Mortgage Pass-Through Trust 2004-HYB4</title>
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          <isin value="US12669FV755"/>
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        <curCd>USD</curCd>
        <valUSD>2702.47000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-20</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Wellfleet CLO Ltd</name>
        <lei>N/A</lei>
        <title>Wellfleet CLO 2024-1 Ltd</title>
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          <isin value="US94951AAE91"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-18</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>LSTAR Securities Investment Ltd</name>
        <lei>N/A</lei>
        <title>LSTAR Securities Investment Ltd 2024-1</title>
        <cusip>54916LAA1</cusip>
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          <isin value="US54916LAA17"/>
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        <balance>188211.11000000</balance>
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        <curCd>USD</curCd>
        <valUSD>190510.96000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.41400000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMSPEC PARENT LLC</name>
        <lei>254900LUGRP5Z7OOV477</lei>
        <title>Amspec Parent LLC 2024 Term Loan</title>
        <cusip>03218AAB5</cusip>
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          <isin value="US03218AAB52"/>
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        <balance>86666.67000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87208.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-22</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TARGA RESOURCES CORP</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp</title>
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          <isin value="US87612GAF81"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2021-VOLT</title>
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          <isin value="US05609VAN55"/>
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        <balance>145324.22000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.42600000</annualizedRt>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2007-A1</title>
        <cusip>46630GAN5</cusip>
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          <isin value="US46630GAN51"/>
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        <balance>4538.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4331.07000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.81300000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP2</title>
        <cusip>46590MAT7</cusip>
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          <isin value="US46590MAT71"/>
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        <balance>1397976.19000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11152.36000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-15</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ballyrock Ltd</name>
        <lei>254900EJNL3EAF77OS82</lei>
        <title>Ballyrock CLO 2019-1 Ltd</title>
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          <isin value="US05875KAE64"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>RR 2 LTD</name>
        <lei>54930098CLSTWMH4JW47</lei>
        <title>RR 2 Ltd</title>
        <cusip>78109RAJ5</cusip>
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        <balance>500000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>GLOBAL ATLANTIC FIN CO</name>
        <lei>98450051B2E65CAA7E94</lei>
        <title>Global Atlantic Fin Co</title>
        <cusip>37959GAD9</cusip>
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          <isin value="US37959GAD97"/>
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        <balance>536000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
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      <invstOrSec>
        <name>Mauser Packaging Solutions Holding Company</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>Mauser Packaging Solutions Holding Company 2024 Term Loan B</title>
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          <isin value="US57763TAE38"/>
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        <balance>75000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>PACIFICORP</name>
        <lei>SGY07Y7FNYBNLM6Z1M11</lei>
        <title>PacifiCorp</title>
        <cusip>695114DF2</cusip>
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        <balance>150000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OXFORD LANE CAPITAL CORP</name>
        <lei>549300G3KO4JNQQD7Z72</lei>
        <title>Oxford Lane Capital Corp</title>
        <cusip>691543888</cusip>
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          <isin value="US6915438880"/>
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        <balance>23400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp</title>
        <cusip>1248EPBT9</cusip>
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          <isin value="US1248EPBT92"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TOPBUILD CORP</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>TopBuild Corp</title>
        <cusip>89055FAB9</cusip>
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          <isin value="US89055FAB94"/>
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        <balance>36000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34080.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38375XRE6</cusip>
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          <isin value="US38375XRE66"/>
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        <balance>88243.77000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4765.24000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-20</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ENSTAR GROUP LTD</name>
        <lei>213800AMAL5QFXVUCN04</lei>
        <title>Enstar Group Ltd</title>
        <cusip>29359UAC3</cusip>
        <identifiers>
          <isin value="US29359UAC36"/>
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        <balance>214000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>190336.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Vista Point Securitization Trust</name>
        <lei>N/A</lei>
        <title>Vista Point Securitization Trust 2025-CES1</title>
        <cusip>92842DAA8</cusip>
        <identifiers>
          <isin value="US92842DAA81"/>
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        <balance>96309.55000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96807.90000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.81200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HPS Private Credit CLO</name>
        <lei>N/A</lei>
        <title>HPS Private Credit CLO 2025-3 LLC</title>
        <cusip>40445YAG9</cusip>
        <identifiers>
          <isin value="US40445YAG98"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502564.50000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.26000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967MV0</cusip>
        <identifiers>
          <isin value="US172967MV07"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148694.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>AAP BUYER INC</name>
        <lei>254900BOO8W9IR1VYO11</lei>
        <title>AAP Buyer Inc Term Loan B</title>
        <cusip>00036FAB0</cusip>
        <identifiers>
          <isin value="US00036FAB04"/>
        </identifiers>
        <balance>89550.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89605.97000000</valUSD>
        <pctVal>0.020306265646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.07700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OBRA LONGEVITY RFF CL A NTS FU</name>
        <lei>N/A</lei>
        <title>OBRA LONGEVITY RFF CL A NTS FU</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="937XLZII8"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261437.51000000</valUSD>
        <pctVal>0.059246270400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.47800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IndyMac INDX Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>IndyMac INDX Mortgage Loan Trust 2005-AR11</title>
        <cusip>45660LQH5</cusip>
        <identifiers>
          <isin value="US45660LQH59"/>
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        <balance>158961.48000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>115365.34000000</valUSD>
        <pctVal>0.026143785291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.73600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31398GZX0</cusip>
        <identifiers>
          <isin value="US31398GZX05"/>
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        <balance>15424.29000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>837.06000000</valUSD>
        <pctVal>0.000189692302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Genesee &amp; Wyoming Inc (New)</name>
        <lei>G617XSG94Z7G0RMW3L02</lei>
        <title>Genesee &amp; Wyoming Inc (New) 2024 Term Loan B</title>
        <cusip>37156QAZ9</cusip>
        <identifiers>
          <isin value="US37156QAZ90"/>
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        <balance>148875.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148273.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.04600000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>3137F7LN3</cusip>
        <identifiers>
          <isin value="US3137F7LN38"/>
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        <balance>5765679.15000000</balance>
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        <curCd>USD</curCd>
        <valUSD>866978.25000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>3137ACSU4</cusip>
        <identifiers>
          <isin value="US3137ACSU40"/>
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        <balance>55019.79000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4638.94000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.55200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Power Services Holding Company</name>
        <lei>N/A</lei>
        <title>Power Services Holding Company 2024 6th Amendment Incremental DDTL</title>
        <cusip>45830EAE0</cusip>
        <identifiers>
          <isin value="US45830EAE05"/>
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        <balance>34962.44000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34875.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEGNA INC</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TEGNA Inc</title>
        <cusip>87901JAJ4</cusip>
        <identifiers>
          <isin value="US87901JAJ43"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>599978.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>GoldenTree Loan Management US CLO, LTD</name>
        <lei>549300CQMHYJ3DLMP206</lei>
        <title>Goldentree Loan Management US Clo 9 Ltd</title>
        <cusip>38138JAW3</cusip>
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          <isin value="US38138JAW36"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251050.00000000</valUSD>
        <pctVal>0.056892280622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.61900000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OI S.A.</name>
        <lei>254900YEMWCRRAGD4978</lei>
        <title>OI S.A.</title>
        <cusip>670851807</cusip>
        <identifiers>
          <isin value="US6708518070"/>
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        <balance>12251.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6125.50000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ACCURIDE CORP</name>
        <lei>549300MC6XO5P96H8E79</lei>
        <title>ACCURIDE CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="956LKX004"/>
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        <balance>1.32000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EDISON INTERNATIONAL</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International</title>
        <cusip>281020AS6</cusip>
        <identifiers>
          <isin value="US281020AS67"/>
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        <balance>1375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1298029.70000000</valUSD>
        <pctVal>0.294156024490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEXTERA ENERGY CAPITAL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AP GRANGE HOLDINGS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-03-20</maturityDt>
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      <invstOrSec>
        <name>CML FONTAINEBLEAU VEGAS</name>
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          <other otherDesc="Internal Identifier" value="953DGMII6"/>
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        <curCd>USD</curCd>
        <valUSD>250000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-31</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>AVANTOR FUNDING INC</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>Avantor Funding Inc</title>
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          <isin value="US05352TAA79"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2210881.95000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Residential Funding Mtg Sec I</name>
        <lei>N/A</lei>
        <title>RFMSI Series 2006-S4 Trust</title>
        <cusip>762010AE6</cusip>
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          <isin value="US762010AE64"/>
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        <balance>243981.03000000</balance>
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        <curCd>USD</curCd>
        <valUSD>197329.03000000</valUSD>
        <pctVal>0.044718177851</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>CITADEL SECURITIES GLOBA</name>
        <lei>549300NV5RXBUS3X7L47</lei>
        <title>Citadel Securities Global Holdings LLC</title>
        <cusip>17289RAB2</cusip>
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          <isin value="US17289RAB24"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>256794.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2007-OA4</title>
        <cusip>02150DAA3</cusip>
        <identifiers>
          <isin value="US02150DAA37"/>
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        <balance>93545.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83995.55000000</valUSD>
        <pctVal>0.019034847248</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.77400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SIX FLAGS ENT/SIX FLAG</name>
        <lei>N/A</lei>
        <title>Six Flags Entertainment Corp /Six Flags Theme Parks Inc/ Canada's Wonderland Co</title>
        <cusip>83002YAA7</cusip>
        <identifiers>
          <isin value="US83002YAA73"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>128748.88000000</valUSD>
        <pctVal>0.029176727387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank of America NA</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BGH9GPQ63 EUR PUT USD CALL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BGH9GPQ63"/>
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        <balance>192000.00000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
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        <pctVal>0.000007630205</pctVal>
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        <assetCat>DFE</assetCat>
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        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                      <other otherDesc="Internal Identifier" value="AEII31279E"/>
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                    <balance>1.00000000</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>33.67000000</valUSD>
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                    <assetCat>DFE</assetCat>
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            <delta>XXXX</delta>
            <unrealizedAppr>-2431.41000000</unrealizedAppr>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital</title>
        <cusip>161175CK8</cusip>
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          <isin value="US161175CK86"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34044.83000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Banc of America Funding Corporation</name>
        <lei>N/A</lei>
        <title>Banc of America Funding 2006-B Trust</title>
        <cusip>058928AN2</cusip>
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          <isin value="US058928AN26"/>
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        <balance>165070.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144713.70000000</valUSD>
        <pctVal>0.032794632265</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.47400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PEER HOLDING III BV</name>
        <lei>7245002S0K5Q59JCVQ03</lei>
        <title>Peer Holding III BV 2025 USD Term Loan B5B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAN6872NAN65"/>
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        <balance>99750.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100410.84000000</valUSD>
        <pctVal>0.022754836434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.79600000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley IXIS Real Estate Capital Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley IXIS Real Estate Capital Trust 2006-2</title>
        <cusip>617463AD6</cusip>
        <identifiers>
          <isin value="US617463AD63"/>
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        <balance>330364.54000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106315.57000000</valUSD>
        <pctVal>0.024092950579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.87400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BECLE SA DE CV</name>
        <lei>529900JY55CZKMJLCE09</lei>
        <title>Becle SAB de CV</title>
        <cusip>07586PAA9</cusip>
        <identifiers>
          <isin value="US07586PAA93"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>165875.66000000</valUSD>
        <pctVal>0.037590299132</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PARAMOUNT GLOBAL</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>Paramount Global</title>
        <cusip>92553PAW2</cusip>
        <identifiers>
          <isin value="US92553PAW23"/>
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        <balance>23000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18326.97000000</valUSD>
        <pctVal>0.004153209002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
        <lei>549300CII6SLYGKNHA04</lei>
        <title>S+P 500 INDEX</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Bloomberg Identifier" value="BBG01VCP6JX7"/>
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        <balance>-7.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-28252.00000000</valUSD>
        <pctVal>-0.00640239279</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Options Clearing Corp.</counterpartyName>
              <counterpartyLei>549300CII6SLYGKNHA04</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>SPX INDEX</indexIdentifier>
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            <shareNo>100.00000000</shareNo>
            <exercisePrice>5970.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-08-01</expDt>
            <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
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          <other otherDesc="Bloomberg Identifier" value="BBG01V52P707"/>
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        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Options Clearing Corp.</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
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      <invstOrSec>
        <name>KENNEDY-WILSON INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BCAP LLC Trust</name>
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          <isin value="US05530MAA71"/>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>EDISON INTERNATIONAL</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International</title>
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          <isin value="US281020AZ01"/>
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        <balance>1230000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Achieve Mortgage</name>
        <lei>N/A</lei>
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          <isin value="US00449SAA50"/>
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        <balance>94044.10000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.92000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396YN99</cusip>
        <identifiers>
          <isin value="US31396YN990"/>
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        <balance>611241.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.58000000</annualizedRt>
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      <invstOrSec>
        <name>FR Refuel LLC</name>
        <lei>549300Y6GW0LGV84NW77</lei>
        <title>FR Refuel LLC Term Loan</title>
        <cusip>30323KAC6</cusip>
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        <balance>86947.87000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86295.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.19100000</annualizedRt>
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      <invstOrSec>
        <name>ROCKETMTGE CO-ISSUER INC</name>
        <lei>N/A</lei>
        <title>Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc</title>
        <cusip>77313LAB9</cusip>
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          <isin value="US77313LAB99"/>
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        <balance>545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>487068.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CONTOURGLOBAL POWER HLDG</name>
        <lei>549300O5AGIFK0PQ1516</lei>
        <title>ContourGlobal Power Holdings SA</title>
        <cusip>000000000</cusip>
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          <isin value="XS2988573080"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84965400"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SIRIUSPOINT LTD</name>
        <lei>549300OGXFI85N3YZZ51</lei>
        <title>SiriusPoint Ltd</title>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Goldman Sachs &amp; Co. LLC</name>
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        <title>BGH9S9WY8 USD PUT JPY CALL</title>
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        <descOthUnits>Notional Amount</descOthUnits>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <balance>514952.72000000</balance>
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      <invstOrSec>
        <name>MCGRAW-HILL EDUCATION</name>
        <lei>254900U6YJ9QZ4IQOR26</lei>
        <title>McGraw-Hill Education Inc</title>
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      <invstOrSec>
        <name>SAPPHIRE AVIATION FINANCE I LIMITED</name>
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        <title>SAPPHIRE AVIATION FINANCE I LTD</title>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LOTTOMATICA GROUP SPA</name>
        <lei>549300R72LKEGT4EX026</lei>
        <title>Lottomatica Group Spa</title>
        <cusip>000000000</cusip>
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        <balance>500000.00000000</balance>
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        <pctVal>0.136904469131</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31397PCU2</cusip>
        <identifiers>
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        <balance>67344.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31398FQA2</cusip>
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          <isin value="US31398FQA20"/>
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        <balance>92486.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6164.99000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.38000000</annualizedRt>
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      <invstOrSec>
        <name>CHARLES SCHWAB CORP</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>Charles Schwab Corp/The</title>
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          <isin value="US808513BJ38"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92392.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>WALKER &amp; DUNLOP INC</name>
        <lei>N/A</lei>
        <title>Walker &amp; Dunlop Inc</title>
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          <isin value="US93148PAA03"/>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>WASTE CONNECTIONS INC</name>
        <lei>549300HDLRTPBQU69P29</lei>
        <title>Waste Connections Inc</title>
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          <isin value="US94106BAC54"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>626140.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.20000000</annualizedRt>
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      <invstOrSec>
        <name>VB-S1 Issuer LLC</name>
        <lei>N/A</lei>
        <title>VB-S1 Issuer LLC - VBTEL</title>
        <cusip>91823ABA8</cusip>
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          <isin value="US91823ABA88"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.26800000</annualizedRt>
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      <invstOrSec>
        <name>COREBRIDGE FINANCIAL INC</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>Corebridge Financial Inc</title>
        <cusip>21871XAP4</cusip>
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          <isin value="US21871XAP42"/>
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        <balance>3185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3284684.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>U.S FARMING REALTY TRUST</name>
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        <title>U.S FARMING REALTY TRUST LIMITED PARTNERSHIP</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Regatta 34 Funding Ltd.</name>
        <lei>N/A</lei>
        <title>Regatta 34 Funding Ltd</title>
        <cusip>75904CAC6</cusip>
        <identifiers>
          <isin value="US75904CAC64"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMSTED INDUSTRIES</name>
        <lei>N2VLGYMEEBIU3PFSUY86</lei>
        <title>Amsted Industries Inc</title>
        <cusip>032177AK3</cusip>
        <identifiers>
          <isin value="US032177AK30"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203466.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>DYE &amp; DURHAM LIMITED</name>
        <lei>N/A</lei>
        <title>Dye &amp; Durham Ltd</title>
        <cusip>267486AA6</cusip>
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          <isin value="US267486AA63"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41902.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Willis Engine Securitization Trust</name>
        <lei>N/A</lei>
        <title>Willis Engine Structured Trust VII</title>
        <cusip>97064YAA2</cusip>
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          <isin value="US97064YAA29"/>
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        <balance>206675.11000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213293.67000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>LCM Ltd Partnership</name>
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        <title>LCM XVII LP</title>
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          <isin value="US50190BAB62"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ENERSYS</name>
        <lei>7ZS3DE5PN30BYUJFWP05</lei>
        <title>EnerSys</title>
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          <isin value="US29275YAF97"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Pacific Dental Services LLC</name>
        <lei>549300SDH1NQDOZ2M105</lei>
        <title>Pacific Dental Services LLC 2024 Term Loan B</title>
        <cusip>69417WAC5</cusip>
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          <isin value="US69417WAC55"/>
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        <balance>198992.45000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Cerberus</name>
        <lei>6354005DPIRML7EMPA20</lei>
        <title>Cerberus Loan Funding XLIV LLC</title>
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          <isin value="US15674DAE40"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MPH ACQUISITION HOLDINGS LLC</name>
        <lei>5493002WXOPRPTXWTU06</lei>
        <title>MPH Acquisition Holdings LLC 2025 Exchange 1st Out Term Loan</title>
        <cusip>55328HAP6</cusip>
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          <isin value="US55328HAP64"/>
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        <balance>78957.11000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77930.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.03000000</annualizedRt>
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      <invstOrSec>
        <name>AXIS SPECIALTY FINANCE</name>
        <lei>N/A</lei>
        <title>AXIS Specialty Finance LLC</title>
        <cusip>05463HAC5</cusip>
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          <isin value="US05463HAC51"/>
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        <balance>2865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2748047.52000000</valUSD>
        <pctVal>0.622755190881</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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      <invstOrSec>
        <name>Symphony CLO Ltd</name>
        <lei>549300OJB1EXT6QKOX87</lei>
        <title>Symphony CLO XXXI Ltd</title>
        <cusip>87169CAC1</cusip>
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          <isin value="US87169CAC10"/>
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        <curCd>USD</curCd>
        <valUSD>361827.70000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-04-22</maturityDt>
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      <invstOrSec>
        <name>Vericrest Opportunity Loan Transferee</name>
        <lei>N/A</lei>
        <title>VOLT XCIV LLC</title>
        <cusip>92873AAA6</cusip>
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          <isin value="US92873AAA60"/>
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        <balance>5700.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5702.76000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-27</maturityDt>
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          <annualizedRt>6.24000000</annualizedRt>
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      <invstOrSec>
        <name>Blue Stream Issuer, LLC</name>
        <lei>N/A</lei>
        <title>Blue Stream Issuer LLC</title>
        <cusip>09606BAC8</cusip>
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          <isin value="US09606BAC81"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Octagon Investment Partners XVI LTD</name>
        <lei>N/A</lei>
        <title>Octagon Investment Partners XVI Ltd</title>
        <cusip>67590DAE6</cusip>
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          <isin value="US67590DAE67"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc</title>
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          <isin value="US893647BQ97"/>
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        <balance>196000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382YHR7</cusip>
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          <isin value="US38382YHR71"/>
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        <balance>14566112.83000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-11-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.00600000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Elmwood CLO 16 Ltd</name>
        <lei>N/A</lei>
        <title>Elmwood CLO 16 Ltd</title>
        <cusip>29003DAE7</cusip>
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          <isin value="US29003DAE76"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.01900000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CABLE ONE INC</name>
        <lei>549300648QS85T0XSH18</lei>
        <title>Cable One Inc</title>
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          <isin value="US12685JAE55"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Cable One Inc</name>
              <title>Cable One Inc</title>
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      <invstOrSec>
        <name>PRP Advisors, LLC</name>
        <lei>N/A</lei>
        <title>PRPM 2025-2 LLC</title>
        <cusip>69382HAA3</cusip>
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          <isin value="US69382HAA32"/>
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        <balance>583578.02000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GSAA Home Equity Trust</name>
        <lei>N/A</lei>
        <title>GSAA Home Equity Trust 2006-10</title>
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          <isin value="US362375AE70"/>
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        <balance>513095.15000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-25</maturityDt>
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      <invstOrSec>
        <name>Fanniemae-Aces</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae-Aces</title>
        <cusip>3136B9EB9</cusip>
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          <isin value="US3136B9EB97"/>
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        <balance>26600417.48000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Parexel International Corporation</name>
        <lei>254900PHGVI5379Z9791</lei>
        <title>Parexel International Corporation 2025 Term Loan B</title>
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        <balance>2068864.35000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>JAZZ FINANCING LUX SARL</name>
        <lei>635400WUEO2NSG5OIU34</lei>
        <title>Jazz Financing Lux Sarl 2024 1st Lien Term Loan B</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-05</maturityDt>
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      <invstOrSec>
        <name>Residential Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>Residential Asset Securitization Trust 2007-A1</title>
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          <isin value="US761136AH39"/>
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        <balance>227880.35000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Onslow Bay Financial LLC</name>
        <lei>254900LSNFNEGAD7J679</lei>
        <title>OBX 2024-NQM4 Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Onslow Bay Financial LLC</name>
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        <title>OBX 2024-NQM7 Trust</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2025-K170 Mortgage Trust</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADVANCE AUTO PARTS</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>Advance Auto Parts Inc</title>
        <cusip>00751YAH9</cusip>
        <identifiers>
          <isin value="US00751YAH99"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100075.50000000</valUSD>
        <pctVal>0.022678842578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELL CANADA</name>
        <lei>5493000G3EFX9S7TDE29</lei>
        <title>Bell Telephone Co of Canada or Bell Canada</title>
        <cusip>0778FPAP4</cusip>
        <identifiers>
          <isin value="US0778FPAP47"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204607.00000000</valUSD>
        <pctVal>0.046367491978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citimortgage Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>CitiMortgage Alternative Loan Trust Series 2007-A6</title>
        <cusip>18976GAE6</cusip>
        <identifiers>
          <isin value="US18976GAE61"/>
        </identifiers>
        <balance>1055556.56000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>925606.89000000</valUSD>
        <pctVal>0.209758561767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wind River CLO Ltd</name>
        <lei>N/A</lei>
        <title>THL Credit Wind River 2014-2 CLO Ltd</title>
        <cusip>87245LAA3</cusip>
        <identifiers>
          <isin value="US87245LAA35"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300.00000000</valUSD>
        <pctVal>0.000067985198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Power Services Holding Company</name>
        <lei>5493009CNIDZ8CGYWM80</lei>
        <title>Power Services Holding Company 2024 6th Amendment Incremental Term Loan</title>
        <cusip>45830EAF7</cusip>
        <identifiers>
          <isin value="US45830EAF79"/>
        </identifiers>
        <balance>64489.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64332.63000000</valUSD>
        <pctVal>0.014578888823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.94100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>Long: BGH9TR7M1 IRS USD R V 00MSOFR BGH9TR7M1_FLO CCPOIS / Short: BGH9TR7M1 IRS USD P F  3.84850 BGH9TR7M1_FIX CCPOIS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BGH9TR7M1"/>
        </identifiers>
        <balance>6300000.00000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-86405.70000000</valUSD>
        <pctVal>-0.01958102900</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>N/A</issueTitle>
                <identifiers>
                  <other otherDesc="N/A" value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="1 day USD SOFR" floatingRtSpread="0.00000000" pmntAmt="52038.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Month" resetDtUnit="12"/>
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            </floatingRecDesc>
            <fixedPmntDesc amount="-46470.64000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.84900000"/>
            <terminationDt>2035-04-23</terminationDt>
            <upfrontPmnt>320.40000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>6300000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-86726.10000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE STREET CORP</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp</title>
        <cusip>857477CS0</cusip>
        <identifiers>
          <isin value="US857477CS03"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50934.80000000</valUSD>
        <pctVal>0.011542708365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANYON CAPITAL CLO LTD</name>
        <lei>N/A</lei>
        <title>Canyon CLO 2021-4 Ltd</title>
        <cusip>13877QAA3</cusip>
        <identifiers>
          <isin value="US13877QAA31"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002925.00000000</valUSD>
        <pctVal>0.227280185393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.81800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Brands Group LLC</name>
        <lei>N/A</lei>
        <title>First Brands Group LLC 2021 Term Loan</title>
        <cusip>31935HAD9</cusip>
        <identifiers>
          <isin value="US31935HAD98"/>
        </identifiers>
        <balance>67123.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63601.71000000</valUSD>
        <pctVal>0.014413249684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.54100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QUIKRETE HOLDINGS INC</name>
        <lei>5493007KIN86DIZWZT22</lei>
        <title>Quikrete Holdings Inc</title>
        <cusip>74843PAA8</cusip>
        <identifiers>
          <isin value="US74843PAA84"/>
        </identifiers>
        <balance>305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>314287.86000000</valUSD>
        <pctVal>0.071223075591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fertitta Entertainment LLC</name>
        <lei>984500A0805D8V551D35</lei>
        <title>Fertitta Entertainment LLC 2022 Term Loan B</title>
        <cusip>31556PAB3</cusip>
        <identifiers>
          <isin value="US31556PAB31"/>
        </identifiers>
        <balance>223151.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223160.05000000</valUSD>
        <pctVal>0.050571934627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.82700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WASTE PRO USA INC</name>
        <lei>549300BY1QXU5BI3UF28</lei>
        <title>Waste Pro USA Inc</title>
        <cusip>94107JAC7</cusip>
        <identifiers>
          <isin value="US94107JAC71"/>
        </identifiers>
        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>156053.70000000</valUSD>
        <pctVal>0.035364472784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALPHA HOLDING SA</name>
        <lei>549300R872G37EN6NT94</lei>
        <title>Alpha Holding SA de CV</title>
        <cusip>02074AAB0</cusip>
        <identifiers>
          <isin value="US02074AAB08"/>
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        <balance>565638.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4242.29000000</valUSD>
        <pctVal>0.000961376431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-10</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIMAO GROUP HOLDINGS LT</name>
        <lei>254900WTJ6B5CU69ZD26</lei>
        <title>Shimao Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2385392936"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10756.00000000</valUSD>
        <pctVal>0.002437495998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-16</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALBERTSONS COS/SAFEWAY</name>
        <lei>N/A</lei>
        <title>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</title>
        <cusip>013092AF8</cusip>
        <identifiers>
          <isin value="US013092AF88"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98716.68000000</valUSD>
        <pctVal>0.022370910418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>3137AGNT3</cusip>
        <identifiers>
          <isin value="US3137AGNT36"/>
        </identifiers>
        <balance>14995.77000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12187.24000000</valUSD>
        <pctVal>0.002761839785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.44500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FOUNDRY JV HOLDCO LLC</name>
        <lei>21380048QROAMGM6EP30</lei>
        <title>Foundry JV Holdco LLC</title>
        <cusip>350930AA1</cusip>
        <identifiers>
          <isin value="US350930AA10"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203440.23000000</valUSD>
        <pctVal>0.046103081676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLUB CAPITAL CAP FND</name>
        <lei>254900B5KBW6OY1F9951</lei>
        <title>Golub Capital Private Credit Fund</title>
        <cusip>38179RAB1</cusip>
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          <isin value="US38179RAB15"/>
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        <balance>2200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2198351.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Xplornet Communications Inc</name>
        <lei>254900V3NB5MGOZS4O08</lei>
        <title>Xplornet Communications Inc 2024 Super Senior 1st Out Term Loan</title>
        <cusip>000000000</cusip>
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        <balance>4031.93000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3865.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.09400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHERWOOD FINANCING PLC</name>
        <lei>259400SSZWSSPNYW7K08</lei>
        <title>Sherwood Financing PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2953567745"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84965400"/>
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        <pctVal>0.034715277587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.47500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fiserv Investment Solutions Inc</name>
        <lei>N/A</lei>
        <title>Fiserv Investment Solutions Inc 2020 Term Loan B</title>
        <cusip>33774UAC2</cusip>
        <identifiers>
          <isin value="US33774UAC27"/>
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        <balance>98445.58000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97584.18000000</valUSD>
        <pctVal>0.022114266292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-18</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morgan Stanley &amp; Co. LLC</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>Long: BGH9RUB33 TRS USD R E REC EQ / Short: BGH9RUB33 TRS USD P V 00MSOFR PAY 1D SOFR+0BPS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BGH9RUB33"/>
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        <balance>650000.00000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
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        <valUSD>13497.77000000</valUSD>
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        <assetCat>DCR</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Morgan Stanley &amp; Co. LLC</counterpartyName>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Markit iBoxx USD Liquid Leveraged Loans Total Return Index</indexName>
                <indexIdentifier>IBXXLLTR INDEX</indexIdentifier>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">equity-performance leg</otherRecDesc>
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            <upfrontRcpt>0.00000000</upfrontRcpt>
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            <curCd>USD</curCd>
            <unrealizedAppr>13497.77000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Syndigo LLC</name>
        <lei>N/A</lei>
        <title>Syndigo LLC 2020 Term Loan</title>
        <cusip>87167XAC7</cusip>
        <identifiers>
          <isin value="US87167XAC74"/>
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        <balance>119074.86000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119745.25000000</valUSD>
        <pctVal>0.027136348799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.09400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Trust 2023-DELC</title>
        <cusip>05610DAC6</cusip>
        <identifiers>
          <isin value="US05610DAC65"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101013.37000000</valUSD>
        <pctVal>0.022891380173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.65100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AIR CANADA</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>Air Canada</title>
        <cusip>008911BJ7</cusip>
        <identifiers>
          <isin value="CA008911BJ76"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36215000"/>
        <valUSD>72793.89000000</valUSD>
        <pctVal>0.016496356970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Barclays Bank PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>PURCHASED USD / SOLD EUR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Trade Identifier" value="25FHKBB90G0"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84887036"/>
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        <pctVal>-0.02234601423</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Barclays Bank PLC</counterpartyName>
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            <unrealizedAppr>-98606.82000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TELEDYNE TECHNOLOGIES IN</name>
        <lei>549300VSMO9KYQWDND94</lei>
        <title>Teledyne Technologies Inc</title>
        <cusip>879360AE5</cusip>
        <identifiers>
          <isin value="US879360AE54"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362830.72000000</valUSD>
        <pctVal>0.082223728900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PLANVIEW PARENT INC</name>
        <lei>549300SEALM1D9FKMA32</lei>
        <title>Planview Parent Inc 2024 1st Lien Term Loan</title>
        <cusip>72751PAJ3</cusip>
        <identifiers>
          <isin value="US72751PAJ30"/>
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        <balance>149176.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145503.39000000</valUSD>
        <pctVal>0.032973589704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-17</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CONNECT FINCO SARL/CONNE</name>
        <lei>N/A</lei>
        <title>Connect Finco SARL / Connect US Finco LLC</title>
        <cusip>20752TAB0</cusip>
        <identifiers>
          <isin value="US20752TAB08"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291852.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>M/I HOMES INC</name>
        <lei>5299005M71FH9CCSFB69</lei>
        <title>M/I Homes Inc</title>
        <cusip>55305BAV3</cusip>
        <identifiers>
          <isin value="US55305BAV36"/>
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        <balance>310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>290815.37000000</valUSD>
        <pctVal>0.065903802586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ASURION LLC</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>Asurion LLC 2024 Term Loan B12</title>
        <cusip>04649VBD1</cusip>
        <identifiers>
          <isin value="US04649VBD10"/>
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        <balance>74562.19000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72808.86000000</valUSD>
        <pctVal>0.016499749431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.57700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CNT HOLDINGS I CORP</name>
        <lei>254900SYIEHMSB69WT08</lei>
        <title>CNT Holdings I Corp 2025 Term Loan</title>
        <cusip>12656AAF6</cusip>
        <identifiers>
          <isin value="US12656AAF66"/>
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        <balance>69825.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70076.02000000</valUSD>
        <pctVal>0.015880440528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.78000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Maps LTD</name>
        <lei>N/A</lei>
        <title>MAPS 2018-1 Ltd</title>
        <cusip>56564RAA8</cusip>
        <identifiers>
          <isin value="US56564RAA86"/>
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        <balance>86244.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>86114.70000000</valUSD>
        <pctVal>0.019515083362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Options Clearing Corp.</name>
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        <name>Freddie Mac</name>
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        <name>Sprite Limited</name>
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      <invstOrSec>
        <name>GLP CAPITAL LP / FIN II</name>
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        <name>Dryden Senior Loan Fund</name>
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        <name>Higginbotham Insurance Agency, Inc.</name>
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        <name>IndyMac INDX Mortgage Loan Trust</name>
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        <name>ENCORE CAPITAL GROUP INC</name>
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        <name>FOCUS FINANCIAL PARTNERS LLC</name>
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        <name>PRESS GANEY HOLDINGS INC</name>
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        <title>Press Ganey Holdings Inc 2024 1st Lien Term Loan B</title>
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        <name>XEROX CORPORATION</name>
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        <name>GrafTech Finance Inc</name>
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        <name>CONTRA CINCOR PHARMA I</name>
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        <name>United States Treasury</name>
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        <name>VALVOLINE INC</name>
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        <title>Valvoline Inc</title>
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        <name>EG GROUP LIMITED</name>
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        <title>EG Group Limited 2024 Term Loan B</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>Freddie Mac</name>
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      <invstOrSec>
        <name>DEUCE FINCO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
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      <invstOrSec>
        <name>MACQUARIE AIRFINANCE HLD</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>WESTINGHOUSE AIR BRAKE</name>
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      <invstOrSec>
        <name>Lehman Mortgage Trust</name>
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        <title>Lehman Mortgage Trust 2007-1</title>
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          <isin value="US52521FAB31"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DARLING GLOBAL FINANCE</name>
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          <isin value="XS3101876236"/>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Cascade Funding Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CFMT 2022-HB9 LLC</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>XPLORNET COMMUNICATIONS INC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arbor Realty Collateralized Loan Obligation Ltd</name>
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        <title>Arbor Realty Commercial Real Estate Notes 2022-FL1 Ltd</title>
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        <name>SUNOCO LP</name>
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        <title>Sunoco LP</title>
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        <name>State Street Global Advisors</name>
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        <name>GLOBE LIFE INC</name>
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        <title>Globe Life Inc</title>
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        <name>Student Transportation of America Holdings, Inc</name>
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        <name>Starwood Commercial Mortgage Trust</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MCGRAW-HILL EDUCATION</name>
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        <title>McGraw-Hill Education Inc</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FLUTTER TREASURY DAC</name>
        <lei>635400JE8VLL9UFVIC38</lei>
        <title>Flutter Treasury DAC</title>
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        <balance>200000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-29</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ALTERRA MOUNTAIN COMPANY</name>
        <lei>549300C5O4FSVNUEI843</lei>
        <title>Alterra Mountain Company 2024 Term Loan B7</title>
        <cusip>46124CAR8</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dermatology Intermediate Holdings III Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
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      <invstOrSec>
        <name>CoreLogic Inc</name>
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        <title>CoreLogic Inc Term Loan</title>
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          <isin value="US21870FBA66"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-02</maturityDt>
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      <invstOrSec>
        <name>Topgolf Callaway Brands Corp</name>
        <lei>5493005UB0KFRKBPCU72</lei>
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          <maturityDt>2030-03-18</maturityDt>
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      <invstOrSec>
        <name>FS KKR CAPITAL CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Canyon Capital CLO Ltd</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
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      <invstOrSec>
        <name>KENNEDY-WILSON INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fanniemae-Aces</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae-Aces</title>
        <cusip>3136BLQ29</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Brant Point CLO Ltd</name>
        <lei>N/A</lei>
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        <name>Onslow Bay Financial LLC</name>
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        <name>Fanniemae-Aces</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae-Aces</title>
        <cusip>3136B4KD9</cusip>
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        <name>GrafTech Finance Inc</name>
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        <name>DT MIDSTREAM INC</name>
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      <invstOrSec>
        <name>Freddie Mac Military Housing Bonds Resec Trust</name>
        <lei>549300ZG8WH0M4JSUM77</lei>
        <title>Freddie Mac Military Housing Bonds Resecuritization Trust Certificates 2015-R1</title>
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          <isin value="US35563CAT53"/>
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        <name>JB POINDEXTER &amp; CO INC</name>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BAUSCH HEALTH COMPANIES INC</name>
        <lei>N/A</lei>
        <title>Bausch Health Companies Inc 2025 Term Loan B</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STONEPEAK NILE PARENT LLC</name>
        <lei>254900TJV3VAFZD0GU41</lei>
        <title>Stonepeak Nile Parent LLC Term Loan B</title>
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          <isin value="US86184XAB01"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARCELORMITTAL SA</name>
        <lei>2EULGUTUI56JI9SAL165</lei>
        <title>ArcelorMittal SA</title>
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          <isin value="US03938LBF04"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-29</maturityDt>
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      <invstOrSec>
        <name>AIRCASTLE LTD</name>
        <lei>549300PNK8AKY3OIKP58</lei>
        <title>Aircastle Ltd</title>
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          <isin value="US00928QAY70"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>MANNINGTON MILLS INC</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-25</maturityDt>
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      <invstOrSec>
        <name>QUICKTOP HOLDCO AB</name>
        <lei>984500A1D5DC9ECC7050</lei>
        <title>Quicktop Holdco AB</title>
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          <isin value="NO0013505826"/>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-21</maturityDt>
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      <invstOrSec>
        <name>BROWN &amp; BROWN INC</name>
        <lei>549300PC8KTJ71XKFY89</lei>
        <title>Brown &amp; Brown Inc</title>
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          <isin value="US115236AM30"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-23</maturityDt>
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      <invstOrSec>
        <name>BLOCK FINANCIAL LLC</name>
        <lei>N/A</lei>
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          <isin value="US093662AH70"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
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      <invstOrSec>
        <name>SYNCHRONY FINANCIAL</name>
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        <title>Synchrony Financial</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-02</maturityDt>
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      <invstOrSec>
        <name>Owl Rock CLO Ltd</name>
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          <isin value="US69120DAC56"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MASTERBRAND INC</name>
        <lei>549300E0Y4BR5Z9RDZ64</lei>
        <title>Masterbrand Inc</title>
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          <isin value="US57638PAA21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>MEIJI YASUDA LIFE INSURA</name>
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        <title>MEIJI YASUDA LIFE INSURA</title>
        <cusip>585270AE1</cusip>
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          <isin value="US585270AE15"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>RELX CAPITAL INC</name>
        <lei>2R15C3RTKJN1RCBOV146</lei>
        <title>RELX Capital Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MEDLINE BORROWER LP</name>
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        <title>Medline Borrower LP 2024 USD Add-on Term Loan B</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Connect Finco SARL</name>
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        <title>Connect Finco Sarl 2024 Extended Term Loan B</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ALLWYN ENTERTAINMENT FIN</name>
        <lei>315700J7ZTIN8XGCX365</lei>
        <title>Allwyn Entertainment Financing UK PLC</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ross Acquisition Corp II</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Carrington Mortgage Loan Trust</name>
        <lei>N/A</lei>
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          <isin value="US144531DC15"/>
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        <name>XPO INC</name>
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        <name>IHEARTCOMMUNICATIONS INC</name>
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        <title>iHeartCommunications Inc</title>
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        <name>Citadel Securities LP</name>
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        <title>Citadel Securities LP 2024 First Lien Term Loan</title>
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        <name>Firstdigital Communications LLC</name>
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        <name>THUNDERBIRD 2022 1 B FUNDED</name>
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        <name>Countrywide Alternative Loan Trust</name>
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        <name>GCAT</name>
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        <name>SOMNIGROUP INTL INC</name>
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        <title>Somnigroup International Inc</title>
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        <name>Carlyle C17 CLO</name>
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        <name>BROADRIDGE FINANCIAL SOL</name>
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        <name>UNITED AIR 2019-2 B PTT</name>
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        <title>United Airlines 2019-2 Class B Pass Through Trust</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Bettcher Industries Inc</name>
        <lei>2549008CJ699WXZAWW31</lei>
        <title>Bettcher Industries Inc 2021 Term Loan</title>
        <cusip>59010LAB3</cusip>
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          <isin value="US59010LAB36"/>
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        <balance>148467.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>147973.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.29600000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State Street Institutional Treasury Money Market Fund</name>
        <lei>549300Q3FHSMZ70NLT76</lei>
        <title>State Street Institutional Treasury Money Market Fund</title>
        <cusip>857492888</cusip>
        <identifiers>
          <isin value="US8574928888"/>
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        <balance>3757982.74000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3757982.74000000</valUSD>
        <pctVal>0.851624013612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</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>
      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX 2021-MFM1</title>
        <cusip>05608VAJ5</cusip>
        <identifiers>
          <isin value="US05608VAJ52"/>
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        <balance>84000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>83992.35000000</valUSD>
        <pctVal>0.019034122072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.92600000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31397RKF2</cusip>
        <identifiers>
          <isin value="US31397RKF28"/>
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        <balance>8253.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>657.03000000</valUSD>
        <pctVal>0.000148894384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.76200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Willis Engine Securitization Trust</name>
        <lei>N/A</lei>
        <title>Willis Engine Structured Trust V</title>
        <cusip>97064FAA3</cusip>
        <identifiers>
          <isin value="US97064FAA30"/>
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        <balance>182085.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>173724.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.22800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUPERIOR PLUS/GEN PRTNR</name>
        <lei>N/A</lei>
        <title>Superior Plus LP / Superior General Partner Inc</title>
        <cusip>86828LAC6</cusip>
        <identifiers>
          <isin value="US86828LAC63"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96244.98000000</valUSD>
        <pctVal>0.021810780365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aretec Group Inc</name>
        <lei>549300NV2T8A33L0PQ58</lei>
        <title>Aretec Group Inc 2024 1st Lien Term Loan B</title>
        <cusip>04009DAH7</cusip>
        <identifiers>
          <isin value="US04009DAH70"/>
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        <balance>148256.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148692.13000000</valUSD>
        <pctVal>0.033696213448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.82700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Azuria Water Solutions Inc</name>
        <lei>549300AG3DVJURRIT691</lei>
        <title>Azuria Water Solutions Inc 2025 Term Loan B</title>
        <cusip>00771PAM3</cusip>
        <identifiers>
          <isin value="US00771PAM32"/>
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        <balance>233039.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>234204.79000000</valUSD>
        <pctVal>0.053074864113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.32700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CEMEX SAB DE CV</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>Cemex SAB de CV</title>
        <cusip>151290BZ5</cusip>
        <identifiers>
          <isin value="US151290BZ57"/>
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        <balance>310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>286032.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loans Trust</name>
        <lei>N/A</lei>
        <title>MASTR Alternative Loan Trust 2004-5</title>
        <cusip>576434RF3</cusip>
        <identifiers>
          <isin value="US576434RF33"/>
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        <balance>7621.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7603.84000000</valUSD>
        <pctVal>0.001723161916</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CSMC Mortgage-Backed Trust 2007-1</title>
        <cusip>126378AY4</cusip>
        <identifiers>
          <isin value="US126378AY49"/>
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        <balance>587820.58000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34016.00000000</valUSD>
        <pctVal>0.007708615087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PROPULSION BC FINCO SARL</name>
        <lei>N/A</lei>
        <title>Propulsion (BC) Finco Sarl 2024 Term Loan B</title>
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          <other otherDesc="LoanX ID" value="LX248998"/>
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        <balance>650745.82000000</balance>
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        <curCd>USD</curCd>
        <valUSD>653186.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.54600000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MCA Fund Holding Llc</name>
        <lei>N/A</lei>
        <title>MCA Fund Holding LLC</title>
        <cusip>55283AAB5</cusip>
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          <isin value="US55283AAB52"/>
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        <balance>105006.35000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.24700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GCAT</name>
        <lei>N/A</lei>
        <title>GCAT 2022-NQM5 Trust</title>
        <cusip>36168WAC5</cusip>
        <identifiers>
          <isin value="US36168WAC55"/>
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        <balance>77491.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77224.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.71000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Apidos CLO Ltd</name>
        <lei>5493008YDOADR1DMZM86</lei>
        <title>Apidos CLO XX</title>
        <cusip>03765LAV4</cusip>
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          <isin value="US03765LAV45"/>
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        <balance>265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-16</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382RPN2</cusip>
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          <isin value="US38382RPN25"/>
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        <balance>3851068.56000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27044.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Capmark Military Housing Trust</name>
        <lei>N/A</lei>
        <title>Capmark Military Housing Trust</title>
        <cusip>14070AAA1</cusip>
        <identifiers>
          <isin value="US14070AAA16"/>
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        <balance>89154.52000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82202.47000000</valUSD>
        <pctVal>0.018628504246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.06300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2012-LC9</title>
        <cusip>46639EAL5</cusip>
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        <name>Eagle Broadband Investments LLC</name>
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        <name>Morgan Stanley &amp; Co. LLC</name>
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        <name>Thrust Engine Leasing</name>
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        <name>HAT HOLDINGS I LLC/HAT</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JEFFERIES FIN GROUP INC</name>
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        <title>Jefferies Financial Group Inc</title>
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      <invstOrSec>
        <name>BEACH ACQUISITION BIDCO LLC</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>GLP CAPITAL LP / FIN II</name>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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      <invstOrSec>
        <name>Astra Acquisition Corp</name>
        <lei>N/A</lei>
        <title>Astra Acquisition Corp 2021 2nd Lien Term Loan</title>
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        <name>BROADCOM INC</name>
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        <title>Broadcom Inc</title>
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        <name>DOW CHEMICAL CO/THE</name>
        <lei>ZQUIP1CSZO8LXRBSOU78</lei>
        <title>Dow Chemical Co/The</title>
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        <name>Buckeye Partners LP</name>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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      <invstOrSec>
        <name>Mill City Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Mill City Securities 2024-RS2 Ltd</title>
        <cusip>59982DAA7</cusip>
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        <balance>96996.36000000</balance>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Countrywide Home Loans</name>
        <lei>N/A</lei>
        <title>CHL Mortgage Pass-Through Trust 2007-10</title>
        <cusip>12545CAE0</cusip>
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          <isin value="US12545CAE03"/>
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        <balance>115141.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50297.64000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FAIR ISAAC CORP</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>Fair Isaac Corp</title>
        <cusip>303250AF1</cusip>
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          <isin value="US303250AF16"/>
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        <balance>974000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>948796.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Prime Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Prime Mortgage Trust 2006-DR1</title>
        <cusip>74159UAC1</cusip>
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          <isin value="US74159UAC18"/>
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        <balance>564809.18000000</balance>
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        <curCd>USD</curCd>
        <valUSD>530051.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
        <lei>N/A</lei>
        <title>RALI Series 2006-QO6 Trust</title>
        <cusip>75114NAA2</cusip>
        <identifiers>
          <isin value="US75114NAA28"/>
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        <balance>371360.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80459.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.79400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMC NETWORKS INC</name>
        <lei>549300VGG9K75226LR46</lei>
        <title>AMC Networks Inc</title>
        <cusip>00164VAG8</cusip>
        <identifiers>
          <isin value="US00164VAG86"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51976.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corp</title>
        <cusip>126650EH9</cusip>
        <identifiers>
          <isin value="US126650EH94"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51686.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oxford Finance Credit Fund III LP</name>
        <lei>N/A</lei>
        <title>Oxford Finance Credit Fund III 2024-A LP</title>
        <cusip>69145DAB8</cusip>
        <identifiers>
          <isin value="US69145DAB82"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404125.36000000</valUSD>
        <pctVal>0.091581809948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.54800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Capstone Acquisition Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Capstone Acquisition Holdings Inc 2024 Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX243753"/>
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        <balance>136890.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136227.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.92700000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FOCUS FINANCIAL PARTNERS</name>
        <lei>5493007L0E0VKRC2CP39</lei>
        <title>Focus Financial Partners LLC</title>
        <cusip>34417VAA5</cusip>
        <identifiers>
          <isin value="US34417VAA52"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>510759.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>KNIFE RIVER HOLDCO</name>
        <lei>N/A</lei>
        <title>Knife River HoldCo Term Loan</title>
        <cusip>49889LAD8</cusip>
        <identifiers>
          <isin value="US49889LAD82"/>
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        <balance>199500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200373.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.31000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38383V3N6</cusip>
        <identifiers>
          <isin value="US38383V3N60"/>
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        <balance>3635981.95000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524764.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IRON MOUNTAIN INC</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain Inc</title>
        <cusip>46284VAL5</cusip>
        <identifiers>
          <isin value="US46284VAL53"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34745.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967PR6</cusip>
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          <isin value="US172967PR67"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>504955.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rockpoint Gas Storage Partners LP</name>
        <lei>549300ZXM0KTRM0NMI59</lei>
        <title>Rockpoint Gas Storage Partners LP 2025 Term Loan B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX259946"/>
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        <balance>895500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>899923.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.29600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Falcon Aerospace Ltd</name>
        <lei>N/A</lei>
        <title>Falcon Aerospace Ltd 2017-1</title>
        <cusip>30605YAD3</cusip>
        <identifiers>
          <isin value="US30605YAD31"/>
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        <balance>63244.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61984.98000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Starwood Retail Property Trust</name>
        <lei>5493007115G809OI4R97</lei>
        <title>Starwood Retail Property Trust 2014-STAR</title>
        <cusip>85571XAQ0</cusip>
        <identifiers>
          <isin value="US85571XAQ07"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9800.00000000</valUSD>
        <pctVal>0.002220849831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NVR INC</name>
        <lei>529900RWXR4JI3JYTV70</lei>
        <title>NVR Inc</title>
        <cusip>62944TAF2</cusip>
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          <isin value="US62944TAF21"/>
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        <balance>152000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>141672.35000000</valUSD>
        <pctVal>0.032105409649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Start Ltd.</name>
        <lei>549300VIQYFIDJQCKZ43</lei>
        <title>Start Ltd/Bermuda</title>
        <cusip>85572RAA7</cusip>
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        <name>Citigroup Global Markets, Inc.</name>
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        <name>Options Clearing Corp.</name>
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        <name>LoanCore 2021-CRE6 Issuer, Ltd.</name>
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        <name>RAKUTEN GROUP INC</name>
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        <name>Oil Changer Holding Corporation</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-20</maturityDt>
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      <invstOrSec>
        <name>Chenango Park CLO, Ltd.</name>
        <lei>N/A</lei>
        <title>Chenango Park CLO Ltd</title>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>YUZHOU GROUP</name>
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          <isin value="XS2277549155"/>
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        <balance>1940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147556.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-13</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Starwood Retail Property Trust</name>
        <lei>5493007115G809OI4R97</lei>
        <title>Starwood Retail Property Trust 2014-STAR</title>
        <cusip>85571XAN7</cusip>
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          <isin value="US85571XAN75"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4700.00000000</valUSD>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Owl Rock CLO VIII, LLC</name>
        <lei>N/A</lei>
        <title>Owl Rock CLO VIII LLC</title>
        <cusip>69121CAL6</cusip>
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          <isin value="US69121CAL63"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-04-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.67500000</annualizedRt>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>549300QTQ6MX6ER06N64</lei>
        <title>Alternative Loan Trust 2007-OA7</title>
        <cusip>126680AA5</cusip>
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          <isin value="US126680AA57"/>
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        <balance>99313.72000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91444.24000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.79400000</annualizedRt>
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      <invstOrSec>
        <name>OMNIS FUNDING TRUST</name>
        <lei>N/A</lei>
        <title>Omnis Funding Trust</title>
        <cusip>68218WAA2</cusip>
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          <isin value="US68218WAA27"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259057.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.72200000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>DAVITA INC</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita Inc</title>
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          <isin value="US23918KAT51"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373163.39000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>NATIONSTAR MTG HLD INC</name>
        <lei>N/A</lei>
        <title>Nationstar Mortgage Holdings Inc</title>
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        <balance>446000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SECRETARIAT ADVISORS LLC</name>
        <lei>N/A</lei>
        <title>SECRETARIAT ADVISORS LLC 2025 DELAYED DRAW TERM LOAN</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ARCIS GOLF LLC</name>
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        <title>Arcis Golf LLC 2025 Term Loan B</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SHIMAO GROUP HLDGS LTD</name>
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        <title>Shimao Group Holdings Ltd</title>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19125.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-03</maturityDt>
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        <name>NEWELL BRANDS INC</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>Newell Brands Inc</title>
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        <balance>1505000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
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          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>Zuora Inc</name>
        <lei>2549000JOLSFPTJEAV21</lei>
        <title>Zuora Inc Term Loan B</title>
        <cusip>98980XAC9</cusip>
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          <isin value="US98980XAC92"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-14</maturityDt>
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      <invstOrSec>
        <name>LoanCore 2022-CRE7 Issuer Ltd.</name>
        <lei>N/A</lei>
        <title>LoanCore 2022-CRE7 Issuer Ltd</title>
        <cusip>53946PAJ9</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-17</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>ILLUMINATE BUYER LLC</name>
        <lei>549300K1Y0YC1YC1H809</lei>
        <title>Illuminate Buyer LLC 2024 1st Lien Term Loan B</title>
        <cusip>45232UAG3</cusip>
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          <isin value="US45232UAG31"/>
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        <balance>99250.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99668.84000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-31</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31398VC20</cusip>
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          <isin value="US31398VC201"/>
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        <balance>50147.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49967.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>UBER TECHNOLOGIES INC</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>VENTURE GLOBAL CALCASIEU</name>
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        <name>Fanniemae-Aces</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MINERALS TECHNOLOGIES IN</name>
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        <name>ENSTAR FINANCE LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31398NPE8</cusip>
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        <name>AIRCASTLE LTD</name>
        <lei>549300PNK8AKY3OIKP58</lei>
        <title>Aircastle Ltd</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ENSTAR GROUP LTD</name>
        <lei>213800AMAL5QFXVUCN04</lei>
        <title>Enstar Group Ltd</title>
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        <name>Mill City Mortgage Trust</name>
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        <name>UNITED WHOLESALE MTGE LL</name>
        <lei>549300HW662MN1WU8550</lei>
        <title>United Wholesale Mortgage LLC</title>
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        <name>Cook Park CLO, Ltd</name>
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        <name>GSR Mortgage Loan Trust</name>
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        <name>ALEXANDER FUND TRUST II</name>
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        <name>GS Mortgage Securities Trust</name>
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        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
        <title>CoreWeave Inc</title>
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        <name>ACCENTURE CAPITAL INC</name>
        <lei>254900FRO0P7RIINYT25</lei>
        <title>Accenture Capital Inc</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARBOR REALTY SR INC</name>
        <lei>549300TW7RTL2CI3CN08</lei>
        <title>Arbor Realty SR Inc</title>
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          <isin value="US03881NAC11"/>
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        <balance>685000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CVENT INC</name>
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        <balance>99500.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BCAP LLC Trust</name>
        <lei>N/A</lei>
        <title>BCAP LLC 2010-RR6 Trust</title>
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          <isin value="US05533CDC91"/>
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        <balance>117865.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54698.26000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GRANT THORNTON ADVISORS LLC</name>
        <lei>254900XS1SHU0YY3WF58</lei>
        <title>Grant Thornton Advisors LLC 2025 Incremental Term Loan</title>
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        <identifiers>
          <isin value="US38821UAF75"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351006.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-02</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Canyon Capital CLO Ltd</name>
        <lei>N/A</lei>
        <title>Canyon Capital CLO 2016-1 Ltd</title>
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          <isin value="US13876EAF07"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31397GPZ7</cusip>
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          <isin value="US31397GPZ71"/>
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        <balance>110946.30000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW FLYER HOLDINGS</name>
        <lei>N/A</lei>
        <title>New Flyer Holdings Inc</title>
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          <isin value="US64438WAA53"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105511.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AMSPEC PARENT LLC</name>
        <lei>254900LUGRP5Z7OOV477</lei>
        <title>AMSPEC PARENT LLC 2025 TERM LOAN</title>
        <cusip>03218AAE9</cusip>
        <identifiers>
          <isin value="US03218AAE91"/>
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        <balance>216666.67000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218020.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-22</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>PULTEGROUP INC</name>
        <lei>N/A</lei>
        <title>PulteGroup Inc</title>
        <cusip>745867AT8</cusip>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183433.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>IQVIA INC</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA Inc</title>
        <cusip>46266TAG3</cusip>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>359768.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TD SYNNEX CORP</name>
        <lei>5493004HI6PFLF46NS53</lei>
        <title>TD SYNNEX Corp</title>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205236.25000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>American Auto Auction Group, LLC</name>
        <lei>5493002VI1KML1L8HW19</lei>
        <title>American Auto Auction Group LLC 2025 Term Loan</title>
        <cusip>02403MAR1</cusip>
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          <isin value="US02403MAR16"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-28</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>PENTAIR FINANCE SARL</name>
        <lei>549300H2U8U8TZPV3T89</lei>
        <title>Pentair Finance Sarl</title>
        <cusip>709629AS8</cusip>
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          <isin value="US709629AS88"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2019-ICON UES</title>
        <cusip>46651CAQ1</cusip>
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          <isin value="US46651CAQ15"/>
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        <balance>274000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-05</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2019-ICON UES</title>
        <cusip>46651CAN8</cusip>
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          <isin value="US46651CAN83"/>
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        <balance>261000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249690.82000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-05</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Ares Direct Lending CLO LLC</name>
        <lei>N/A</lei>
        <title>Ares Direct Lending CLO 2 LLC</title>
        <cusip>04021CAJ9</cusip>
        <identifiers>
          <isin value="US04021CAJ99"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100234.20000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.16900000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC</title>
        <cusip>05565QDX3</cusip>
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          <isin value="US05565QDX34"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50025.34000000</valUSD>
        <pctVal>0.011336608968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>COMPASS MINERALS INTERNA</name>
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        <name>CONTRA ABIOMED INC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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                <issuerName>ABIOMED, Inc.</issuerName>
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      <invstOrSec>
        <name>Chase Mortgage Finance Corporation</name>
        <lei>N/A</lei>
        <title>Chase Mortgage Finance Trust Series 2007-S3</title>
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          <isin value="US16163HAQ48"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Symphony CLO Ltd</name>
        <lei>25490005310EULQ9PO62</lei>
        <title>Symphony CLO 48 Ltd</title>
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          <isin value="US87170HAC79"/>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STEEL DYNAMICS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VIPER ENERGY INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GIP Pilot Acquisition Partners LP</name>
        <lei>254900NQOAOPPA12X060</lei>
        <title>GIP Pilot Acquisition Partners LP 2025 Term Loan B</title>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASTR Alternative Loans Trust</name>
        <lei>N/A</lei>
        <title>MASTR Alternative Loan Trust 2004-5</title>
        <cusip>576434RG1</cusip>
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          <isin value="US576434RG16"/>
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        <balance>9177.55000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>TEAMSYSTEM SPA</name>
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        <name>CENTENE CORP</name>
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        <title>Centene Corp</title>
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      <invstOrSec>
        <name>Carlyle Global Market Strategies</name>
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        <title>Carlyle Global Market Strategies CLO 2015-5 Ltd</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MidOcean Credit CLO</name>
        <lei>5493004MLF21SFT7F415</lei>
        <title>Midocean Credit Clo VII</title>
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          <maturityDt>2029-07-15</maturityDt>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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          <maturityDt>2041-03-15</maturityDt>
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      <invstOrSec>
        <name>ROCKETMTGE CO-ISSUER INC</name>
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        <title>Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc</title>
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        <name>STEWART INFORMATION SERV</name>
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        <name>Owl Rock CLO Ltd</name>
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        <title>Owl Rock CLO XIII LLC</title>
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        <name>API Holdings III LLC</name>
        <lei>549300FAGEOQASEWDY74</lei>
        <title>API Holdings III LLC 2023 Term Loan B2</title>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Business Jet Securities, LLC</name>
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        <name>STARWOOD PROPERTY TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RESONETICS LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STREAM INNOVATIONS ISSUER TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Food Products LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Securities Corp.</name>
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        <name>IDEX CORP</name>
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        <name>Switch ABS Issuer, LLC</name>
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        <name>VENTURE GLOBAL CALCASIEU</name>
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        <title>Venture Global Calcasieu Pass LLC</title>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <title>Wells Fargo &amp; Co</title>
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        <name>CRESCENT ENERGY FINANCE</name>
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        <title>Crescent Energy Finance LLC</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2004-S1</title>
        <cusip>466247EV1</cusip>
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          <isin value="US466247EV13"/>
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        <curCd>USD</curCd>
        <valUSD>154270.71000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Endo Inc</name>
        <lei>N/A</lei>
        <title>Endo Inc</title>
        <cusip>29290D117</cusip>
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          <isin value="US29290D1173"/>
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        <balance>1043.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Blue Stream Issuer, LLC</name>
        <lei>N/A</lei>
        <title>Blue Stream Issuer LLC</title>
        <cusip>09606BAE4</cusip>
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          <isin value="US09606BAE48"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VERISIGN INC</name>
        <lei>LMPL4N8ZOJRMF0KOF759</lei>
        <title>VeriSign Inc</title>
        <cusip>92343EAM4</cusip>
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          <isin value="US92343EAM49"/>
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        <balance>232000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207683.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
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          <other otherDesc="Bloomberg Identifier" value="BBG01RJ2TYQ0"/>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Chicago Board of Trade</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>CBOT 2 Year U.S. Treasury Notes Futures</indexName>
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      <invstOrSec>
        <name>LEVEL 3 FINANCING INC</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>Level 3 Financing Inc</title>
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          <isin value="US527298CD30"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Park River Holdings Inc</name>
        <lei>254900PGY077KWCROT75</lei>
        <title>Park River Holdings Inc Term Loan</title>
        <cusip>70082HAC0</cusip>
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          <isin value="US70082HAC07"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>219655.13000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-28</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Regatta 33 Funding Ltd.</name>
        <lei>N/A</lei>
        <title>Regatta 33 Funding Ltd</title>
        <cusip>75890CAC2</cusip>
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          <isin value="US75890CAC29"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>CCRR Parent Inc</name>
        <lei>N/A</lei>
        <title>CCRR Parent Inc Term Loan B</title>
        <cusip>12510MAB5</cusip>
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          <isin value="US12510MAB54"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-06</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Regional Management Issuance Trust</name>
        <lei>N/A</lei>
        <title>Regional Management Issuance Trust 2025-1</title>
        <cusip>75908AAC6</cusip>
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          <isin value="US75908AAC62"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citimortgage Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>CitiMortgage Alternative Loan Trust Series 2006-A5</title>
        <cusip>18974BAN9</cusip>
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          <isin value="US18974BAN91"/>
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        <name>HESS MIDSTREAM OPERATION</name>
        <lei>N/A</lei>
        <title>Hess Midstream Operations LP</title>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <title>Goldman Sachs Group Inc/The</title>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LCM Ltd Partnership</name>
        <lei>549300KLSB4ZQ2S3TJ95</lei>
        <title>LCM 35 Ltd</title>
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          <isin value="US50203NAC39"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>BOOZ ALLEN HAMILTON INC</name>
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        <title>Booz Allen Hamilton Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CG-CCRE Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CG-CCRE Commercial Mortgage Trust 2014-FL2</title>
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        <balance>187584.04000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Whitewater Matterhorn Holdings LLC</name>
        <lei>2138009J7G187M6C4Q91</lei>
        <title>WHITEWATER MATTERHORN HOLD LLC 2025 TERM LOAN B</title>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>550459.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-16</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Wise CLO 2024-2 Ltd</name>
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        <name>Freddie Mac</name>
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        <name>Countrywide Alternative Loan Trust</name>
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        <name>United States Treasury</name>
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        <name>LIBERTY MUTUAL GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SECRETARIAT ADVISORS LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>YAK BLOCKER 2 LLC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>3</fairValLevel>
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        <name>WRANGLER HOLDCO CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CROSS FINANCIAL CORP</name>
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          <isin value="US22750JAF12"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Fanniemae-Aces</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae-Aces</title>
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        <fairValLevel>2</fairValLevel>
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        <name>AMFAM HOLDINGS INC</name>
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        <name>GREAT OUTDOORS GROUP LLC</name>
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        <title>Great Outdoors Group LLC 2025 Term Loan B</title>
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        <name>BANK OF AMERICA CORP</name>
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        <name>PARAMOUNT GLOBAL</name>
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        <name>DRAKE SOFTWARE LLC</name>
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        <name>TPG Real Estate Finance</name>
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        <name>BOEING CO</name>
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        <name>ARTERA SERVICES LLC</name>
        <lei>549300J2G34D0WX8Z443</lei>
        <title>Artera Services LLC</title>
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        <name>BXHPP TRUST</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Capital Inc</name>
        <lei>N/A</lei>
        <title>Morgan Stanley ABS Capital I Inc Trust 2007-HE4</title>
        <cusip>61753VAD4</cusip>
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          <isin value="US61753VAD47"/>
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        <balance>331179.72000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105145.55000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Wells Fargo Alternative Loan 2007-PA2 Trust</title>
        <cusip>94985FAL2</cusip>
        <identifiers>
          <isin value="US94985FAL22"/>
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        <balance>58610.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42200.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.78400000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38380Q2P6</cusip>
        <identifiers>
          <isin value="US38380Q2P65"/>
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        <balance>40199591.86000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1184702.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.15100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SLAM LLC</name>
        <lei>N/A</lei>
        <title>SLAM 2025-1 Ltd</title>
        <cusip>78450TAA5</cusip>
        <identifiers>
          <isin value="US78450TAA51"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1121125.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38375JWD3</cusip>
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          <isin value="US38375JWD35"/>
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        <balance>256801.77000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7130.87000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.77400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BCP MODULAR SERVICES</name>
        <lei>213800227GGD6UI7PI97</lei>
        <title>BCP V Modular Services Finance II PLC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2397447298"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84965400"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FS Rialto Issuer Ltd</name>
        <lei>N/A</lei>
        <title>FS Rialto 2021-FL3</title>
        <cusip>30323CAJ9</cusip>
        <identifiers>
          <isin value="US30323CAJ99"/>
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        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>273297.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.92600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MAIN STREET CAPITAL CORP</name>
        <lei>5493001FS9QJLJNF3E20</lei>
        <title>Main Street Capital Corp</title>
        <cusip>56035LAH7</cusip>
        <identifiers>
          <isin value="US56035LAH78"/>
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        <balance>2275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2367867.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.95000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARES PBN FINANCE CO LLC</name>
        <lei>N/A</lei>
        <title>ARES PBN FINANCE CO LLC</title>
        <cusip>04019VAC6</cusip>
        <identifiers>
          <isin value="US04019VAC63"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>830000.00000000</valUSD>
        <pctVal>0.188092383654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PCI Gaming Authority</name>
        <lei>549300KPXAJ1LRW5LP59</lei>
        <title>PCI Gaming Authority Term Loan</title>
        <cusip>70455DAG9</cusip>
        <identifiers>
          <isin value="US70455DAG97"/>
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        <balance>148624.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148779.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.32700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kestrel Aircraft Funding Limited</name>
        <lei>N/A</lei>
        <title>Kestrel Aircraft Funding Ltd</title>
        <cusip>49255PAA1</cusip>
        <identifiers>
          <isin value="US49255PAA12"/>
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        <balance>194030.95000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>190217.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRINK'S CO/THE</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>Brink's Co/The</title>
        <cusip>109696AD6</cusip>
        <identifiers>
          <isin value="US109696AD60"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>156151.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Post CLO LTD</name>
        <lei>N/A</lei>
        <title>Post CLO 2023-1 Ltd</title>
        <cusip>73743CAA0</cusip>
        <identifiers>
          <isin value="US73743CAA09"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370576.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.22200000</annualizedRt>
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      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CKV2</cusip>
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          <isin value="US91282CKV27"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1931691.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QUIKRETE HOLDINGS INC</name>
        <lei>5493007KIN86DIZWZT22</lei>
        <title>Quikrete Holdings Inc 2025 Term Loan B1</title>
        <cusip>74839XAM1</cusip>
        <identifiers>
          <isin value="US74839XAM11"/>
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        <balance>96886.87000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96826.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.57700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARSENAL AIC PARENT LLC</name>
        <lei>N/A</lei>
        <title>Arsenal AIC Parent LLC 2025 Term Loan B</title>
        <cusip>04287KAG6</cusip>
        <identifiers>
          <isin value="US04287KAG67"/>
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        <balance>448622.81000000</balance>
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        <curCd>USD</curCd>
        <valUSD>448847.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.07700000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2025-K170 Mortgage Trust</title>
        <cusip>356920AS7</cusip>
        <identifiers>
          <isin value="US356920AS76"/>
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        <balance>3747222.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1551787.40000000</valUSD>
        <pctVal>0.351661916856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-02-25</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BLUE OWL FINANCE LLC</name>
        <lei>254900OF2NO2GYFV5T41</lei>
        <title>Blue Owl Finance LLC</title>
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        <name>AL GCX Holdings LLC</name>
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        <name>Government National Mortgage Association</name>
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        <name>Vault DI Issuer LLC</name>
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        <name>LIGHTNING 2022 1 B FUNDED</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ROCKIES EXPRESS PIPELINE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CONTRA ALBIREO PHARMA</name>
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        <name>Firstkey Homes Trust</name>
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        <name>SEALED AIR/SEALED AIR US</name>
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        <name>AMSPEC PARENT LLC</name>
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        <title>Amspec Parent LLC 2024 Delayed Draw Term Loan</title>
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        <name>BOEING CO/THE</name>
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        <name>PMH Newco LP</name>
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        <name>CUSHMAN &amp; WAKEFIELD US</name>
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        <name>Brown Group Holding LLC</name>
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        <name>EQT AB</name>
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        <name>Lehman XS Trust</name>
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        <name>Freddie Mac Military Housing Bonds Resec Trust</name>
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        <title>Freddie Mac Military Housing Bonds Resecuritization Trust Certificates 2015-R1</title>
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        <fairValLevel>2</fairValLevel>
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        <name>XPLR INFRASTRUCTURE LP</name>
        <lei>5493008F4ZOQFNG3WN54</lei>
        <title>XPLR Infrastructure LP</title>
        <cusip>65341BAD8</cusip>
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          <isin value="US65341BAD82"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>727306.38000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>NextEra Energy Partners LP</name>
              <title>NextEra Energy Partners LP</title>
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                <isin value="US65341B1061"/>
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      </invstOrSec>
      <invstOrSec>
        <name>ARSENAL AIC PARENT LLC</name>
        <lei>N/A</lei>
        <title>Arsenal AIC Parent LLC</title>
        <cusip>04288BAB6</cusip>
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          <isin value="US04288BAB62"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106844.40000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2007-16CB</title>
        <cusip>02152AAT6</cusip>
        <identifiers>
          <isin value="US02152AAT60"/>
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        <balance>341300.04000000</balance>
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        <curCd>USD</curCd>
        <valUSD>413514.28000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.99800000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AXON ENTERPRISE INC</name>
        <lei>549300QP2IEEGFE16681</lei>
        <title>Axon Enterprise Inc</title>
        <cusip>05464CAC5</cusip>
        <identifiers>
          <isin value="US05464CAC55"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51531.95000000</valUSD>
        <pctVal>0.011678032903</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Franklin Mtg Loan Asset Backed Certificates</name>
        <lei>N/A</lei>
        <title>First Franklin Mortgage Loan Trust 2006-FF16</title>
        <cusip>320275AE0</cusip>
        <identifiers>
          <isin value="US320275AE04"/>
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        <balance>398725.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>162063.81000000</valUSD>
        <pctVal>0.036726467863</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.85400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>CFC BIDCO 2022 LTD</name>
        <lei>213800TBV37UG11BUV42</lei>
        <title>CFC BIDCO 2022 LTD TERM LOAN B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX263634"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>548625.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-30</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENVIRI CORP</name>
        <lei>KAO98FK89NPNNPQGUZ43</lei>
        <title>Enviri Corp</title>
        <cusip>415864AM9</cusip>
        <identifiers>
          <isin value="US415864AM90"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172875.94000000</valUSD>
        <pctVal>0.039176683892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>3137H4VE7</cusip>
        <identifiers>
          <isin value="US3137H4VE77"/>
        </identifiers>
        <balance>3236472.85000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>667550.36000000</valUSD>
        <pctVal>0.151278480026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSAB Mortgage Backed Trust</name>
        <lei>N/A</lei>
        <title>CSAB Mortgage-Backed Trust 2006-2</title>
        <cusip>12627HAL4</cusip>
        <identifiers>
          <isin value="US12627HAL42"/>
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        <balance>1857684.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>109586.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HGI CRE CLO Ltd</name>
        <lei>549300VYJ293N0KO2L78</lei>
        <title>HGI CRE CLO 2021-FL1 Ltd</title>
        <cusip>40441LAJ5</cusip>
        <identifiers>
          <isin value="US40441LAJ52"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>348899.43000000</valUSD>
        <pctVal>0.079066657161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.77600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BCAP LLC Trust</name>
        <lei>N/A</lei>
        <title>BCAP LLC 2011-RR11 Trust</title>
        <cusip>05533FAN1</cusip>
        <identifiers>
          <isin value="US05533FAN15"/>
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        <balance>1634522.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>955776.51000000</valUSD>
        <pctVal>0.216595520489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Apollo Aviation Securitization Equity Trust</name>
        <lei>N/A</lei>
        <title>AASET 2024-1</title>
        <cusip>00255JAA8</cusip>
        <identifiers>
          <isin value="US00255JAA88"/>
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        <balance>236329.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>243096.47000000</valUSD>
        <pctVal>0.055089872891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.26100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOST HOTELS &amp; RESORTS LP</name>
        <lei>FXB7X4WXVA8QPMNOGS12</lei>
        <title>Host Hotels &amp; Resorts LP</title>
        <cusip>44107TAZ9</cusip>
        <identifiers>
          <isin value="US44107TAZ93"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>139325.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRITISH TELECOMMUNICATIO</name>
        <lei>549300OWFMSO9NYV4H90</lei>
        <title>British Telecommunications PLC</title>
        <cusip>11102AAG6</cusip>
        <identifiers>
          <isin value="US11102AAG67"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>183444.00000000</valUSD>
        <pctVal>0.041571589430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2081-11-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CHY0</cusip>
        <identifiers>
          <isin value="US91282CHY03"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2218089.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QTS GOOD NEWS FCLTY REVR</name>
        <lei>N/A</lei>
        <title>QTS GOOD NEWS FCLTY REVR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="958XFAII4"/>
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        <balance>309674.07000000</balance>
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        <curCd>USD</curCd>
        <valUSD>309674.07000000</valUSD>
        <pctVal>0.070177510821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.80000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31397RVH6</cusip>
        <identifiers>
          <isin value="US31397RVH64"/>
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        <balance>17596.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1214.41000000</valUSD>
        <pctVal>0.000275206351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.23200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Labrador Aviation Finance Limited</name>
        <lei>N/A</lei>
        <title>Labrador Aviation Finance Ltd 2016-1A</title>
        <cusip>50543LAA0</cusip>
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          <isin value="US50543LAA08"/>
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        <balance>169819.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>165156.85000000</valUSD>
        <pctVal>0.037427404329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Long: 0BGH9HK5F CDS USD R V 03MEVENT 0BGH9HK5F6_PRO CDXTRANCHE / Short: 0BGH9HK5F CDS USD P F  5.00000 0BGH9HK5F6_FEE CDXTRANCHE</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="0BGH9HK5F6"/>
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        <balance>230000.00000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-16680.58000000</valUSD>
        <pctVal>-0.00378010849</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.HY.S43</indexName>
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            <swapFlag>Y</swapFlag>
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            <upfrontRcpt>-14589.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>230000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-2091.58000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GLENCORE FUNDING LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>Glencore Funding LLC</title>
        <cusip>378272BQ0</cusip>
        <identifiers>
          <isin value="US378272BQ00"/>
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        <balance>455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>493865.28000000</valUSD>
        <pctVal>0.111918430987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENCOMPASS HEALTH CORP</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>Encompass Health Corp</title>
        <cusip>29261AAE0</cusip>
        <identifiers>
          <isin value="US29261AAE01"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>484227.10000000</valUSD>
        <pctVal>0.109734252372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Caesars Entertainment Inc</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment Inc Term Loan B</title>
        <cusip>12768EAG1</cusip>
        <identifiers>
          <isin value="US12768EAG17"/>
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        <balance>97904.19000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97977.62000000</valUSD>
        <pctVal>0.022203426615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.57700000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORDSTROM INC</name>
        <lei>549300S3IZB5P35KNV16</lei>
        <title>Nordstrom Inc</title>
        <cusip>655664AT7</cusip>
        <identifiers>
          <isin value="US655664AT70"/>
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        <balance>2485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2303787.36000000</valUSD>
        <pctVal>0.522078139728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GCAT</name>
        <lei>N/A</lei>
        <title>GCAT 2024-NQM2 Trust</title>
        <cusip>36831CAC6</cusip>
        <identifiers>
          <isin value="US36831CAC64"/>
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        <balance>67068.24000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67730.71000000</valUSD>
        <pctVal>0.015348952639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.54100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOMES Trust</name>
        <lei>254900GDF2MBHUV58Z95</lei>
        <title>HOMES 2024-AFC2 Trust</title>
        <cusip>437920AE1</cusip>
        <identifiers>
          <isin value="US437920AE13"/>
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        <balance>135024.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135558.34000000</valUSD>
        <pctVal>0.030719869029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.98200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TRINITY CAPITAL INC/MD</name>
        <lei>549300YGT4SBRQYDVU48</lei>
        <title>Trinity Capital Inc</title>
        <cusip>896442AG5</cusip>
        <identifiers>
          <isin value="US896442AG58"/>
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        <balance>320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>310529.30000000</valUSD>
        <pctVal>0.070371320760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GLOBAL ATLANTIC FIN CO</name>
        <lei>98450051B2E65CAA7E94</lei>
        <title>Global Atlantic Fin Co</title>
        <cusip>37959GAB3</cusip>
        <identifiers>
          <isin value="US37959GAB32"/>
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        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119950.57000000</valUSD>
        <pctVal>0.027182877869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs &amp; Co. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>BGH9W0Y95 USD P JPY C</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BGH9W0Y95"/>
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        <balance>-1580000.00000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-7397.56000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                <fwdDeriv derivCat="FWD">
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                    <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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                  <derivAddlInfo>
                    <name>Goldman Sachs &amp; Co. LLC</name>
                    <lei>FOR8UP27PHTHYVLBNG30</lei>
                    <title>FX Contract</title>
                    <cusip>N/A</cusip>
                    <identifiers>
                      <other otherDesc="Internal Identifier" value="AEII71994E"/>
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                    <balance>1.00000000</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>-7397.56000000</valUSD>
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                    <assetCat>DFE</assetCat>
                    <issuerConditional desc="derivative" issuerCat="OTHER"/>
                    <invCountry>JP</invCountry>
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                  <amtCurSold>-1580000.00000000</amtCurSold>
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                  <amtCurPur>-205400000.00000000</amtCurPur>
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            <unrealizedAppr>5172.92000000</unrealizedAppr>
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      <invstOrSec>
        <name>UMBS, TBA</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Security, TBA</title>
        <cusip>01F050486</cusip>
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          <isin value="US01F0504864"/>
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        <balance>1290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1298643.75000000</valUSD>
        <pctVal>0.294295178861</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pacific Bells LLC</name>
        <lei>549300VGOQXINYVBJF37</lei>
        <title>Pacific Bells LLC 2024 Repriced Term Loan B</title>
        <cusip>69403HAN0</cusip>
        <identifiers>
          <isin value="US69403HAN08"/>
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        <balance>158332.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>158992.10000000</valUSD>
        <pctVal>0.036030365146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.55700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KKR CORE HLDG CO LLC</name>
        <lei>N/A</lei>
        <title>KKR CORE HLDG CO LLC</title>
        <cusip>48255KAA4</cusip>
        <identifiers>
          <isin value="US48255KAA43"/>
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        <balance>87318.80000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80115.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNYMAC FIN SVCS INC</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services Inc</title>
        <cusip>70932MAF4</cusip>
        <identifiers>
          <isin value="US70932MAF41"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102625.00000000</valUSD>
        <pctVal>0.023256603460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNYMAC FIN SVCS INC</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services Inc</title>
        <cusip>70932MAG2</cusip>
        <identifiers>
          <isin value="US70932MAG24"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>127564.41000000</valUSD>
        <pctVal>0.028908305959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ABG Intermediate Holdings 2 LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Allen Media LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OXFORD FIN LLC/CO-ISS II</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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      <invstOrSec>
        <name>EQUITABLE HOLDINGS INC</name>
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          <isin value="US29452EAD31"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-03-28</maturityDt>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <name>BROWN &amp; BROWN INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Deerfield Dakota Holding LLC</name>
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        <balance>99216.70000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>YUM! BRANDS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COLT Funding LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396YDA7</cusip>
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          <isin value="US31396YDA73"/>
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        <balance>15940.35000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MB2 Dental Solutions LLC</name>
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        <title>MB2 Dental Solutions LLC 2024 Revolver</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ScribeAmerica Intermediate Holdco LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>SYNOPSYS INC</name>
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        <title>Synopsys Inc</title>
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        <name>Bank of America NA</name>
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        <name>APPLOVIN CORP</name>
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        <name>HORNBECK OFFSHORE SRVC INC</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Anchor Packaging Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Digital Brige Issuer LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HILTON DOMESTIC OPERATIN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HOLDING SOCOTEC</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Apollo Aviation Securitization Equity Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WHIRLPOOL CORP</name>
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        <name>New York Mortgage Trust</name>
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        <name>Options Clearing Corp.</name>
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        <name>GLOBAL PART/GLP FINANCE</name>
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        <name>MOTOROLA SOLUTIONS INC</name>
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        <title>Motorola Solutions Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>VERISK ANALYTICS INC</name>
        <lei>549300I1YSWNIRKBWP67</lei>
        <title>Verisk Analytics Inc</title>
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        <balance>270000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>DEUCE FINCO</name>
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        <name>VC 3 LS 2021 LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Options Clearing Corp.</name>
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        <name>Morgan Stanley Capital Services LLC</name>
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        <name>FLOWSERVE CORPORATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AMC NETWORKS INC</name>
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        <name>SLAM 2021-1 LLC</name>
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        <name>OFS CAPITAL CORP</name>
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        <name>Freddie Mac</name>
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        <name>Freddie Mac</name>
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        <name>PARAMOUNT GLOBAL</name>
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        <title>Paramount Global</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ilpea Parent Inc</name>
        <lei>5493002IJGO6IOH86T22</lei>
        <title>Ilpea Parent Inc 2021 Term Loan</title>
        <cusip>45236FAF4</cusip>
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          <isin value="US45236FAF45"/>
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        <balance>466641.86000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>466788.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.33000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UMBS, TBA</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Security, TBA</title>
        <cusip>01F050684</cusip>
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          <isin value="US01F0506844"/>
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        <balance>898375.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>880002.31000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CEAMER FINANCE II LLC</name>
        <lei>549300IFAMQDJGOE7906</lei>
        <title>CEAMER FINANCE II LLC</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="937YIXII5"/>
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        <balance>198841.16000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203144.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.92000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AthenaHealth Group Inc</name>
        <lei>254900AA3KZN4Q7A5Z33</lei>
        <title>Athenahealth Group Inc 2022 Term Loan B</title>
        <cusip>04686RAB9</cusip>
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          <isin value="US04686RAB96"/>
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        <balance>1750612.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1750831.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLISON TRANSMISSION INC</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>Allison Transmission Inc</title>
        <cusip>019736AG2</cusip>
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          <isin value="US019736AG29"/>
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        <balance>1024000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>939219.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
        <lei>N/A</lei>
        <title>Madison Park Funding XXXVIII Ltd</title>
        <cusip>55821MAA0</cusip>
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          <isin value="US55821MAA09"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>502413.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.54100000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUNT COS INC</name>
        <lei>549300ODPWDNCH5TKM49</lei>
        <title>Hunt Cos Inc</title>
        <cusip>445587AE8</cusip>
        <identifiers>
          <isin value="US445587AE85"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96460.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LIGHTNING 2022 1 A FUNDED</name>
        <lei>549300JQ9U3NF5XD5A71</lei>
        <title>LIGHTNING 2022 1 A FUNDED</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="936TRAII7"/>
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        <balance>199999.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183578.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mcdermott International Ltd</name>
        <lei>54930004RAXI4B3L4752</lei>
        <title>Mcdermott International Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="BMG5924V1485"/>
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        <balance>32676.61000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>392119.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Knox IN</name>
        <lei>N/A</lei>
        <title>KNOX CNTY IN ECON DEV REVENUE</title>
        <cusip>499396AV1</cusip>
        <identifiers>
          <isin value="US499396AV17"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4957.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.90000000</annualizedRt>
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      <invstOrSec>
        <name>ANGLOGOLD HOLDINGS PLC</name>
        <lei>213800745ZIXC4L6A131</lei>
        <title>AngloGold Ashanti Holdings PLC</title>
        <cusip>03512TAF8</cusip>
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          <isin value="US03512TAF84"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>229207.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>CURRICULUM ASSOCIATES LLC</name>
        <lei>254900F1U1TH1N97NR19</lei>
        <title>CURRICULUM ASSOCIATES LLC 2025 DELAYED DRAW Term Loan</title>
        <cusip>000000000</cusip>
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          <other otherDesc="LoanX ID" value="LX263253"/>
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        <balance>124842.19000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-07</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Nassau 2019 CFO LLC</name>
        <lei>N/A</lei>
        <title>Nassau 2019 CFO LLC</title>
        <cusip>63172DAA9</cusip>
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          <isin value="US63172DAA90"/>
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        <balance>75740.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71636.19000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NVENT FINANCE SARL</name>
        <lei>549300KO1OQ4MVFB6X02</lei>
        <title>nVent Finance Sarl</title>
        <cusip>67078AAF0</cusip>
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          <isin value="US67078AAF03"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>306010.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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      <invstOrSec>
        <name>FIGRE Trust</name>
        <lei>N/A</lei>
        <title>FIGRE Trust 2025-HE1</title>
        <cusip>30191LAC3</cusip>
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          <isin value="US30191LAC37"/>
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        <balance>135333.65000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136464.77000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.02900000</annualizedRt>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382M3B3</cusip>
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          <isin value="US38382M3B32"/>
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        <balance>5613262.75000000</balance>
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        <curCd>USD</curCd>
        <valUSD>862719.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc</name>
        <lei>N/A</lei>
        <title>Citigroup Mortgage Loan Trust 2022-A</title>
        <cusip>17330VAA4</cusip>
        <identifiers>
          <isin value="US17330VAA44"/>
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        <balance>77009.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76982.18000000</valUSD>
        <pctVal>0.017445496066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.17000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAUSER PACKAGING SOLUT</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>Mauser Packaging Solutions Holding Co</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Capital Automotive Reit</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kaseya Inc</name>
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        <title>Kaseya Inc 2025 1st Lien Term Loan B</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-20</maturityDt>
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      <invstOrSec>
        <name>Fanniemae-Aces</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae-Aces</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ACCURIDE CORPORATION</name>
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          <other otherDesc="Internal Identifier" value="956KCN007"/>
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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>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>XPLR INFRASTRUCTURE LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLUB CAPITAL BDC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cerberus</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Moran Foods LLC</name>
        <lei>N/A</lei>
        <title>Moran Foods LLC 2022 FLSO Term Loan</title>
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        <fairValLevel>2</fairValLevel>
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        <name>TPG Real Estate Finance</name>
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        <invCountry>KY</invCountry>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <name>PARKLAND CORP</name>
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        <title>Parkland Corp</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SOTERA HEALTH HOLDINGS LLC</name>
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        <title>Sotera Health Holdings LLC 2024 Term Loan B</title>
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        <name>Legacy Mortgage Asset Trust</name>
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        <name>Structured Asset Securities Corporation</name>
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        <name>GALAXY BIDCO LTD</name>
        <lei>2138006O8YW3QCHKDY76</lei>
        <title>Galaxy Bidco Ltd</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HOLOGIC INC</name>
        <lei>549300DYP6F5ZJL0LB74</lei>
        <title>Hologic Inc</title>
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        <balance>620000.00000000</balance>
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        <name>MAPS LTD</name>
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        <name>Fortress Credit BSL Limited</name>
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        <name>LoanCore 2021-CRE5 Issuer, Ltd</name>
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        <name>Castlelake Aircraft Structured Trust</name>
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        <name>Morgan Stanley IXIS Real Estate Capital Trust</name>
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      <invstOrSec>
        <name>FUGUE FINANCE BV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEUBERGER BERMAN CLO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AMS-OSRAM AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL HEALTH INVESTOR</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BOEING CO</name>
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        <title>Boeing Co/The</title>
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          <isin value="US097023DC69"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>AAG US GSI BIDCO INC</name>
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        <title>AAG US GSI Bidco Inc Term Loan B</title>
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          <isin value="US00033RAB78"/>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Mortgage Loan Trust</name>
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        <title>Morgan Stanley Mortgage Loan Trust 2006-7</title>
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          <isin value="US61749JAE64"/>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED RENTALS NORTH AM</name>
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        <title>United Rentals North America Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL LNG INC</name>
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        <title>Venture Global LNG Inc</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>LEVEL 3 FINANCING INC</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>Level 3 Financing Inc 2025 Term Loan B</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SUBWAY FUNDING LLC</name>
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        <name>AqGen Island Holdings Inc</name>
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        <name>Morgan Stanley Capital Services LLC</name>
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        <name>FORTITUDE GROUP HOLDINGS</name>
        <lei>2549006R9ZUL08JFIH12</lei>
        <title>Fortitude Group Holdings LLC</title>
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        <name>BOEING CO/THE</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MASTR Alternative Loans Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BINOM Securitization Trust</name>
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          <isin value="US05552CAB00"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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          <isin value="US38377VE691"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-20</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>The BAHA Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RPM INTERNATIONAL INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PRP Advisors, LLC</name>
        <lei>N/A</lei>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman CLO Ltd</name>
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        <title>Neuberger Berman Loan Advisers CLO 60 Ltd</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>KAISA GROUP HOLDINGS LTD</name>
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        <title>Kaisa Group Holdings Ltd</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
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        <title>CBOE VOLATILITY INDEX</title>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
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        <name>CGI INC</name>
        <lei>549300WSRCZY73ZG3090</lei>
        <title>CGI Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>KUVARE US HOLDINGS INC</name>
        <lei>254900MGBERNLZXF7O58</lei>
        <title>Kuvare US Holdings Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Morgan Stanley &amp; Co. LLC</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>BGH9NUH64 SWAPTION</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CG-CCRE Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CG-CCRE Commercial Mortgage Trust 2014-FL2</title>
        <cusip>12528PAN2</cusip>
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          <isin value="US12528PAN24"/>
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        <balance>96079.63000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47266.10000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FedEx Corp</name>
        <lei>549300E707U7WNPZN687</lei>
        <title>FedEx Corp</title>
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          <isin value="US31428XBE58"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41754.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VCP RRL ABS I, Ltd</name>
        <lei>N/A</lei>
        <title>VCP RRL ABS I Ltd</title>
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          <isin value="US92243RAE45"/>
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        <balance>36711.83000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33779.14000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-20</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TMF GROUP HOLDING BV</name>
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        <title>TMF Group Holding BV 2025 USD Term Loan B</title>
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          <other otherDesc="LoanX ID" value="LX257586"/>
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        <balance>169152.13000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169946.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.03500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GCAT</name>
        <lei>N/A</lei>
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        <cusip>36171GAC5</cusip>
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          <isin value="US36171GAC50"/>
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        <balance>291786.17000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2069-11-25</maturityDt>
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      <invstOrSec>
        <name>Cerberus</name>
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        <title>Cerberus Loan Funding XLVI LP</title>
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          <isin value="US15675BAC19"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.30600000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>720 East CLO Ltd.</name>
        <lei>N/A</lei>
        <title>720 East CLO V Ltd</title>
        <cusip>81789MAJ7</cusip>
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          <isin value="US81789MAJ71"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251346.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.46900000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIGEL LUXEMBOURG SA</name>
        <lei>213800Y16R77O7LH7X62</lei>
        <title>Unigel Luxembourg SA</title>
        <cusip>904752AD4</cusip>
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          <isin value="US904752AD40"/>
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        <balance>56454.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15807.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VENTURE GLOBAL CALCASIEU</name>
        <lei>549300GKHS6RS20NLH85</lei>
        <title>Venture Global Calcasieu Pass LLC</title>
        <cusip>92328MAB9</cusip>
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          <isin value="US92328MAB90"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69466.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>PEDIATRIX MEDICAL GROUP</name>
        <lei>N/A</lei>
        <title>Pediatrix Medical Group Inc</title>
        <cusip>58502BAE6</cusip>
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          <isin value="US58502BAE65"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>3137B4AK2</cusip>
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          <isin value="US3137B4AK28"/>
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        <balance>1358239.80000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIDELIS INSUR HLD LTD</name>
        <lei>549300CDMGCAGJQ7DX03</lei>
        <title>Fidelis Insurance Holdings Ltd</title>
        <cusip>31575FAB2</cusip>
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          <isin value="US31575FAB22"/>
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        <balance>1155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1157818.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Whirlpool Corp</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>Whirlpool Corp</title>
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          <isin value="US963320AV88"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>CLARIOS GLOBAL LP/US FIN</name>
        <lei>N/A</lei>
        <title>Clarios Global LP / Clarios US Finance Co</title>
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          <isin value="US18060TAD72"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Golub Capital Partners Funding</name>
        <lei>N/A</lei>
        <title>Golub Capital Partners ABS Funding 2020-1 Ltd</title>
        <cusip>38177UAC4</cusip>
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          <isin value="US38177UAC45"/>
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        <balance>50497.36000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-22</maturityDt>
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      <invstOrSec>
        <name>MASTR Alternative Loans Trust</name>
        <lei>N/A</lei>
        <title>MASTR Alternative Loan Trust 2003-9</title>
        <cusip>576434KX1</cusip>
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          <isin value="US576434KX12"/>
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        <balance>10993.96000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10932.26000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AVIS BUDGET CAR/FINANCE</name>
        <lei>N/A</lei>
        <title>Avis Budget Car Rental LLC / Avis Budget Finance Inc</title>
        <cusip>053773BJ5</cusip>
        <identifiers>
          <isin value="US053773BJ51"/>
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        <balance>2145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2240677.73000000</valUSD>
        <pctVal>0.507776403899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Onslow Bay Financial LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEWLY WEDS FOODS INC</name>
        <lei>549300W1NZ5SVUKC3665</lei>
        <title>Newly Weds Foods Inc Term Loan B</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Palmer Square BDC CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Monroe Capital Income Plus ABS Funding LLC</name>
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        <title>Monroe Capital Income Plus ABS Funding LLC</title>
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        <balance>113572.62000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-30</maturityDt>
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      <invstOrSec>
        <name>UBS GROUP AG</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
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        <name>Finastra USA Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UMBS, TBA</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>MIDCONTINENT COMMUNICATIONS</name>
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        <title>Midcontinent Communications 2024 Term Loan B</title>
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        <fairValLevel>2</fairValLevel>
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        <name>AMWINS GROUP INC</name>
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        <title>AmWINS Group Inc 2025 Term Loan B</title>
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        <name>IRON MOUNTAIN INC</name>
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        <title>Iron Mountain Inc</title>
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        <name>ACRE COMMERCIAL MORTGAGE TRUST</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sound Point CLO LTD</name>
        <lei>N/A</lei>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
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      <invstOrSec>
        <name>OAKTREE STRATEGIC CREDIT</name>
        <lei>2549006RRE0JC7G43241</lei>
        <title>Oaktree Strategic Credit Fund</title>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <balance>975172.68000000</balance>
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      <invstOrSec>
        <name>Women's Care Enterprises LLC</name>
        <lei>N/A</lei>
        <title>Women's Care Enterprises LLC Term Loan</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>LoanCore Issuer, Ltd.</name>
        <lei>N/A</lei>
        <title>LoanCore 2025 2025-CRE8 Issuer LLC</title>
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          <isin value="US53947FAG63"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ford Motor Credit Co LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co LLC</title>
        <cusip>345397ZR7</cusip>
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          <isin value="US345397ZR75"/>
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        <balance>2700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2640740.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.11300000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2007-S3</title>
        <cusip>46631NEA3</cusip>
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          <isin value="US46631NEA37"/>
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        <balance>525610.34000000</balance>
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        <curCd>USD</curCd>
        <valUSD>228625.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
        <lei>N/A</lei>
        <title>Madison Park Funding LVIII Ltd</title>
        <cusip>55817BAD4</cusip>
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          <isin value="US55817BAD47"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>252281.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.93200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OP SERVICIOS MEGA</name>
        <lei>4469000001BP4DCM0P31</lei>
        <title>Operadora de Servicios Mega SA de CV Sofom ER</title>
        <cusip>68373NAA3</cusip>
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          <isin value="US68373NAA37"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-11</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sapphire Aviation Finance I Limited</name>
        <lei>N/A</lei>
        <title>SAPPHIRE AVIATION FINANCE II LTD</title>
        <cusip>80307AAB5</cusip>
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          <isin value="US80307AAB52"/>
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        <balance>130023.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119139.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.33500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALUMINA PTY LTD</name>
        <lei>2138002VD9MW2WT8HR38</lei>
        <title>Alumina Pty Ltd</title>
        <cusip>02220AAB3</cusip>
        <identifiers>
          <isin value="US02220AAB35"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203372.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLOBAL MEDICAL RESPONSE INC</name>
        <lei>549300ZFWD4ZFCEJCQ87</lei>
        <title>Global Medical Response Inc 2024 PIK Term Loan</title>
        <cusip>00169QAG4</cusip>
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          <isin value="US00169QAG47"/>
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        <balance>255128.59000000</balance>
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        <curCd>USD</curCd>
        <valUSD>255802.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.07900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sonic Capital LLC</name>
        <lei>N/A</lei>
        <title>Sonic Capital LLC</title>
        <cusip>83546DAG3</cusip>
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          <isin value="US83546DAG34"/>
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        <balance>190333.33000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186405.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.84500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MIDWEST CONNECTOR CAPIT</name>
        <lei>N/A</lei>
        <title>Midwest Connector Capital Co LLC</title>
        <cusip>59833CAC6</cusip>
        <identifiers>
          <isin value="US59833CAC64"/>
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        <balance>99000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98165.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Milos CLO, LTD</name>
        <lei>254900GFWI4EEB8IJS18</lei>
        <title>Milos CLO Ltd</title>
        <cusip>60162QAC4</cusip>
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          <isin value="US60162QAC42"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>496430.50000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.68100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONSTAR MTG HLD INC</name>
        <lei>549300DQF6YN0E43PM71</lei>
        <title>Nationstar Mortgage Holdings Inc</title>
        <cusip>43734LAA4</cusip>
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          <isin value="US43734LAA44"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>95002YAA1</cusip>
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          <isin value="US95002YAA10"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382KUK7</cusip>
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          <isin value="US38382KUK77"/>
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        <balance>3386916.16000000</balance>
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        <curCd>USD</curCd>
        <valUSD>546363.09000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Par Petroleum LLC</name>
        <lei>984500CCF05C2FB39F45</lei>
        <title>Par Petroleum LLC 2024 Term Loan B</title>
        <cusip>69889PAE5</cusip>
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          <isin value="US69889PAE51"/>
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        <balance>184341.26000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183074.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.00900000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anchorage Credit Funding Ltd.</name>
        <lei>549300VR9XUOV1E0U888</lei>
        <title>Anchorage Credit Funding 4 Ltd</title>
        <cusip>03329TAL8</cusip>
        <identifiers>
          <isin value="US03329TAL89"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>223660.75000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.52300000</annualizedRt>
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      <invstOrSec>
        <name>Taco Bell Funding, LLC</name>
        <lei>N/A</lei>
        <title>Taco Bell Funding LLC</title>
        <cusip>87342RAC8</cusip>
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          <isin value="US87342RAC88"/>
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        <balance>187500.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.97000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Long Beach Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Long Beach Mortgage Loan Trust 2006-9</title>
        <cusip>54251WAC6</cusip>
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          <isin value="US54251WAC64"/>
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        <balance>3082935.63000000</balance>
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        <curCd>USD</curCd>
        <valUSD>957698.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
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          <annualizedRt>4.65400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lehman Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Lehman Mortgage Trust 2006-2</title>
        <cusip>52520MGL1</cusip>
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          <isin value="US52520MGL19"/>
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        <balance>469552.73000000</balance>
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        <curCd>USD</curCd>
        <valUSD>471511.05000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIGEL LUXEMBOURG SA</name>
        <lei>213800Y16R77O7LH7X62</lei>
        <title>Unigel Luxembourg SA</title>
        <cusip>000000000</cusip>
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          <isin value="USL9467UAE75"/>
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        <balance>242753.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136A2JC8</cusip>
        <identifiers>
          <isin value="US3136A2JC82"/>
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        <balance>57160.94000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55056.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HELMERICH &amp; PAYNE INC</name>
        <lei>254900NAOGHJ88RZ4C73</lei>
        <title>Helmerich &amp; Payne Inc</title>
        <cusip>423452AK7</cusip>
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          <isin value="US423452AK78"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250388.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chef's Warehouse Leasing Co LLC (The)</name>
        <lei>N/A</lei>
        <title>Chef's Warehouse Leasing Co LLC (The) 2022 Term Loan B</title>
        <cusip>16308TAE1</cusip>
        <identifiers>
          <isin value="US16308TAE10"/>
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        <balance>84499.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85063.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.84200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BULLDOG PURCHASER INC</name>
        <lei>254900JB2GC3Q5OISZ63</lei>
        <title>Bulldog Purchaser Inc 2025 Term Loan</title>
        <cusip>12021GAF1</cusip>
        <identifiers>
          <isin value="US12021GAF19"/>
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        <balance>548872.18000000</balance>
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        <curCd>USD</curCd>
        <valUSD>550656.01000000</valUSD>
        <pctVal>0.124788194571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.05700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASCOT GROUP LTD</name>
        <lei>213800DJV7WRJBE2II28</lei>
        <title>Ascot Group Ltd</title>
        <cusip>04365XAB4</cusip>
        <identifiers>
          <isin value="US04365XAB47"/>
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        <balance>1465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1511226.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.34900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp</title>
        <cusip>1248EPCT8</cusip>
        <identifiers>
          <isin value="US1248EPCT83"/>
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        <balance>1255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1310263.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIRIUS XM RADIO LLC</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>Sirius XM Radio LLC</title>
        <cusip>82967NBL1</cusip>
        <identifiers>
          <isin value="US82967NBL10"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98203.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hotwire Funding LLC</name>
        <lei>254900ZCO90MCT7Y9348</lei>
        <title>Hotwire Funding LLC</title>
        <cusip>44148JAC3</cusip>
        <identifiers>
          <isin value="US44148JAC36"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>731805.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45900000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BLACKROCK TCP CAP CORP</name>
        <lei>549300JU1XG1HF56J989</lei>
        <title>BlackRock TCP Capital Corp</title>
        <cusip>09259EAC2</cusip>
        <identifiers>
          <isin value="US09259EAC21"/>
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        <balance>395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>407157.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.95000000</annualizedRt>
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      <invstOrSec>
        <name>Emrld Borrower LP</name>
        <lei>5493000GJYE7GAQCUC61</lei>
        <title>EMRLD Borrower LP Term Loan B</title>
        <cusip>26872NAC3</cusip>
        <identifiers>
          <isin value="US26872NAC39"/>
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        <balance>84468.25000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84503.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.83300000</annualizedRt>
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      <invstOrSec>
        <name>VIRGIN MEDIA FINANCE PLC</name>
        <lei>2138001LVYC87DDHT482</lei>
        <title>Virgin Media Finance PLC</title>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>E2open LLC</name>
        <lei>549300WF2BZODU55DR56</lei>
        <title>E2open LLC 2020 Term Loan B</title>
        <cusip>26826YAB8</cusip>
        <identifiers>
          <isin value="US26826YAB83"/>
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        <balance>199481.10000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200407.69000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-04</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITRIN COOPERMAN ADVISORS LLC</name>
        <lei>N/A</lei>
        <title>Citrin Cooperman Advisors LLC 2025 Delayed Draw Term Loan</title>
        <cusip>17737EAD5</cusip>
        <identifiers>
          <isin value="US17737EAD58"/>
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        <balance>9090.91000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9098.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METIS ISSUER 2025 1 LLC</name>
        <lei>N/A</lei>
        <title>METIS ISSUER 2025 1 LLC</title>
        <cusip>59155MAA8</cusip>
        <identifiers>
          <isin value="US59155MAA80"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249141.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.89200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMC NETWORKS INC</name>
        <lei>549300VGG9K75226LR46</lei>
        <title>AMC Networks Inc</title>
        <cusip>00164VAF0</cusip>
        <identifiers>
          <isin value="US00164VAF04"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120309.75000000</valUSD>
        <pctVal>0.027264274282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bayard Park CLO, Ltd</name>
        <lei>N/A</lei>
        <title>Bayard Park CLO Ltd</title>
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          <isin value="US072716AC75"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NFM &amp; J LP</name>
        <lei>N/A</lei>
        <title>NFM &amp; J LP Term Loan</title>
        <cusip>62910XAB2</cusip>
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          <isin value="US62910XAB29"/>
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        <balance>47972.72000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-30</maturityDt>
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      <invstOrSec>
        <name>Apollo Aviation Securitization Equity Trust</name>
        <lei>N/A</lei>
        <title>AASET 2020-1 Trust</title>
        <cusip>00255UAB1</cusip>
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          <isin value="US00255UAB17"/>
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        <balance>64963.86000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Engineered Machinery Holdings Inc</name>
        <lei>5493008AR0NPSLW8EW07</lei>
        <title>Engineered Machinery Holdings Inc 2021 USD Incremental Term Loan</title>
        <cusip>26658NAP4</cusip>
        <identifiers>
          <isin value="US26658NAP42"/>
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        <balance>199483.20000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.05700000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PLAYTIKA HOLDING CORP</name>
        <lei>254900E35Z4TKA4UFG64</lei>
        <title>Playtika Holding Corp</title>
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          <isin value="US72815LAA52"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181685.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31397RW69</cusip>
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          <isin value="US31397RW696"/>
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        <balance>98751.80000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Owl Rock CLO Ltd</name>
        <lei>2549000CE1W4KBWC2X49</lei>
        <title>OWL Rock Clo XXI LLC</title>
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          <isin value="US69120UAC71"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-24</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NA Rail HoldCo LLC</name>
        <lei>549300WBUJ0EQ32JFK65</lei>
        <title>NA Rail HoldCo LLC 2025 Term Loan B</title>
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          <other otherDesc="LoanX ID" value="LX259517"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.31000000</annualizedRt>
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      <invstOrSec>
        <name>TripAdvisor Inc</name>
        <lei>549300XVG45PT5BART17</lei>
        <title>TripAdvisor Inc Term Loan</title>
        <cusip>89677NAE4</cusip>
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          <isin value="US89677NAE40"/>
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        <balance>99498.74000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99374.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.07700000</annualizedRt>
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      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Trust 2024-VLT4</title>
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          <isin value="US05612TAG04"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Boxer Parent Company Inc</name>
        <lei>5493006T045HLTF7YX04</lei>
        <title>Boxer Parent Company Inc 2025 USD Term Loan B</title>
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          <isin value="US05988HAQ02"/>
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        <balance>99750.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-30</maturityDt>
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      <invstOrSec>
        <name>Starwood Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>STWD 2021-FL2 Ltd</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>PRIORITY HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>Priority Holdings LLC 2024 Term Loan B</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-16</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Chrysaor Bidco Sarl</name>
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        <title>Chrysaor Bidco Sarl USD Term Loan B</title>
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          <isin value="XAL1588MAD82"/>
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        <balance>92648.79000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-30</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>US BANCORP</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp</title>
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          <isin value="US902973BC96"/>
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        <balance>925000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PENN ENTERTAINMENT INC</name>
        <lei>N/A</lei>
        <title>Penn Entertainment Inc</title>
        <cusip>707569AV1</cusip>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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        <name>THUNDERBIRD 2022 1 A FUNDED</name>
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        <title>THUNDERBIRD 2022 1 A FUNDED</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
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      <invstOrSec>
        <name>SUNOCO LP/FINANCE CORP</name>
        <lei>N/A</lei>
        <title>Sunoco LP / Sunoco Finance Corp</title>
        <cusip>86765LAN7</cusip>
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          <isin value="US86765LAN73"/>
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        <balance>50000.00000000</balance>
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        <name>Freddie Mac</name>
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        <name>CPI CG INC</name>
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        <name>Air Canada</name>
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        <name>Asurion LLC</name>
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      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
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        <name>Government National Mortgage Association</name>
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        <name>GXO LOGISTICS INC</name>
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        <name>Switch ABS Issuer, LLC</name>
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      <invstOrSec>
        <name>Castlelake Aircraft Securitization Trust</name>
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        <title>Castlelake Aircraft Structured Trust 2021-1</title>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
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        <name>Cliffwater LLC</name>
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        <name>AERCAP IRELAND CAP/GLOBA</name>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae REMICS</title>
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        <name>WW International Inc</name>
        <lei>SGT8R1MU6ESIC7UJC518</lei>
        <title>WW International Inc 2021 Term Loan B</title>
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        <name>MATCH GROUP HLD II LLC</name>
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        <title>Match Group Holdings II LLC</title>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2007-16CB</title>
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        <name>GULFPORT ENERGY OP CORP</name>
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        <title>Gulfport Energy Corp</title>
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        <assetCat>EP</assetCat>
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        <name>AL NGPL Holdings LLC</name>
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        <name>Fanniemae-Aces</name>
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        <name>SOUTHERN CO</name>
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        <name>INTL FLAVOR &amp; FRAGRANCES</name>
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        <name>Lealand Finance Company BV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CONTRA CONCERT PHARMAC</name>
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        <title>CONTRA CONCERT PHARMAC</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fillmore Park CLO, Ltd.</name>
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          <isin value="US31722QAA22"/>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CENTENE CORP</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bain Capital Credit CLO, Limited</name>
        <lei>2549007DKQFBF2N6NR86</lei>
        <title>Bain Capital Credit CLO 2020-1 Ltd</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Project Ruby Ultimate Parent Corp.</name>
        <lei>549300UGGIEE7YT1C741</lei>
        <title>Project Ruby Ultimate Parent Corp 2024 Term Loan B</title>
        <cusip>74339UAZ3</cusip>
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        <balance>148752.50000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>TOWD POINT REVOLVING TRUST</name>
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        <title>TOWD POINT REVOLVING TRUST</title>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
        <lei>549300CII6SLYGKNHA04</lei>
        <title>CBOE VOLATILITY INDEX</title>
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        <name>Pelican Products Inc</name>
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        <name>FS Rialto Issuer Ltd</name>
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        <name>PUSHPAY USA INC</name>
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        <title>PushPay USA Inc 2025 Term Loan</title>
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        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
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        <name>PARAMOUNT GLOBAL</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>Paramount Global</title>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Southern Copper Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
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        <name>PENNYMAC FIN SVCS INC</name>
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      <invstOrSec>
        <name>Caesars Entertainment Inc</name>
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        <name>NEXSTAR BROADCASTING INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HF SINCLAIR CORP</name>
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        <name>UBER TECHNOLOGIES INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Trade</name>
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        <name>PRA Health Sciences Inc</name>
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        <name>Freddie Mac</name>
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        <name>MB2 Dental Solutions LLC</name>
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        <name>SERVICE CORP INTL</name>
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        <name>Government National Mortgage Association</name>
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        <name>MCDERMOTT INTL LTD</name>
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        <name>CD Commercial Mortgage Trust</name>
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        <name>Residential Accredit Loans, Inc.</name>
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      <invstOrSec>
        <name>CONGRUEX GROUP LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SEALED AIR CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BREAD FINANCIAL HLDGS</name>
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        <title>Bread Financial Holdings Inc</title>
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        <balance>2070000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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      <invstOrSec>
        <name>GREAT LAKES DREDGE&amp;DOCK</name>
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        <title>Great Lakes Dredge &amp; Dock Corp</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HORNBECK OFFSHORE SRVC INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CIM Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
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        <title>Wells Fargo &amp; Co</title>
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          <isin value="US95002YAC75"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
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      <invstOrSec>
        <name>STANDARD BUILDING SOLUTI</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>Standard Building Solutions Inc</title>
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        <balance>150000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Cerberus</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROCKETMTGE CO-ISSUER INC</name>
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        <title>Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BAUSCH HEALTH COS INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <name>KBR INC</name>
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        <title>KBR Inc</title>
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        <name>Hilton Grand Vacations Borrower LLC</name>
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        <title>Hilton Grand Vacations Borrower LLC 2024 Incremental Term Loan B</title>
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        <fairValLevel>2</fairValLevel>
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        <name>HERTZ CORP/THE</name>
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        <name>AMSR Trust</name>
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        <title>AMSR 2020-SFR5 Trust</title>
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        <name>IQVIA Inc</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA Inc</title>
        <cusip>449934AD0</cusip>
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        <balance>200000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BSPRT Issuer, Ltd.</name>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>MURPHY OIL USA INC</name>
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        <title>Murphy Oil USA Inc</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>PMH SPV C LLC</name>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Cerberus</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Maps LTD</name>
        <lei>N/A</lei>
        <title>MAPS 2021-1 Trust</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MARRIOTT INTERNATIONAL</name>
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        <title>Marriott International Inc/MD</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
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        <fairValLevel>2</fairValLevel>
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        <name>EyeCare Partners LLC</name>
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        <title>EyeCare Partners LLC 2024 Superpriority New Money 1st Out Term Loan A</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>BEACH ACQUISITION BIDCO</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SERVPRO MASTER ISSUER, LLC</name>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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        <name>Deutsche Mortgage Securities, Inc.</name>
        <lei>N/A</lei>
        <title>Deutsche Mortgage Securities Inc Mortgage Loan Trust Series 2006-PR1</title>
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          <isin value="US25157GAH56"/>
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        <name>CHENIERE ENERGY PARTNERS</name>
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        <title>Cheniere Energy Partners LP</title>
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        <name>Blue Ribbon LLC</name>
        <lei>N/A</lei>
        <title>Blue Ribbon LLC 2021 Term Loan B</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>GCAT</name>
        <lei>N/A</lei>
        <title>GCAT 2023-NQM2 Trust</title>
        <cusip>36169DAC6</cusip>
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          <isin value="US36169DAC65"/>
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        <balance>116729.54000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>116712.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.59800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SNF GROUP SACA</name>
        <lei>969500F7036FEDYPRV54</lei>
        <title>SNF Group SACA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3021202000"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84965400"/>
        <valUSD>121093.41000000</valUSD>
        <pctVal>0.027441865218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2007-16CB</title>
        <cusip>02152AAL3</cusip>
        <identifiers>
          <isin value="US02152AAL35"/>
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        <balance>166133.08000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53641.53000000</valUSD>
        <pctVal>0.012156100289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.88400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARNIVAL CORP</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp</title>
        <cusip>143658BX9</cusip>
        <identifiers>
          <isin value="US143658BX94"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>133092.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Verus Securitization Trust</name>
        <lei>213800TTP1CNX4WER720</lei>
        <title>Verus Securitization Trust 2025-2</title>
        <cusip>92540VAE5</cusip>
        <identifiers>
          <isin value="US92540VAE56"/>
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        <balance>144367.68000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144648.42000000</valUSD>
        <pctVal>0.032779838686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.66200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IndyMac INDX Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>IndyMac INDX Mortgage Loan Trust 2007-AR5</title>
        <cusip>45669EAC0</cusip>
        <identifiers>
          <isin value="US45669EAC03"/>
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        <balance>776807.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>623729.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.34100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2025-K170 Mortgage Trust</title>
        <cusip>356920AQ1</cusip>
        <identifiers>
          <isin value="US356920AQ11"/>
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        <balance>13864625.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88995.64000000</valUSD>
        <pctVal>0.020167954292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN COASTAL INSURAN</name>
        <lei>5299002P9105LJQA8G51</lei>
        <title>American Coastal Insurance Corp</title>
        <cusip>910710AA0</cusip>
        <identifiers>
          <isin value="US910710AA09"/>
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        <balance>255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250856.25000000</valUSD>
        <pctVal>0.056848373514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>549300BSYX29G4VVM177</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2016-C36</title>
        <cusip>95000MBU4</cusip>
        <identifiers>
          <isin value="US95000MBU45"/>
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        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125546.76000000</valUSD>
        <pctVal>0.028451071504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.67100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLOCK INC</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>Block Inc</title>
        <cusip>852234AS2</cusip>
        <identifiers>
          <isin value="US852234AS26"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103245.92000000</valUSD>
        <pctVal>0.023397314693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COGENT COMMS GRP / FIN</name>
        <lei>N/A</lei>
        <title>Cogent Communications Group LLC / Cogent Finance Inc</title>
        <cusip>19240WAA7</cusip>
        <identifiers>
          <isin value="US19240WAA71"/>
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        <balance>71000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71194.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FS KKR CAPITAL CORP</name>
        <lei>549300TYRSI1T21B1360</lei>
        <title>FS KKR Capital Corp</title>
        <cusip>302635AK3</cusip>
        <identifiers>
          <isin value="US302635AK33"/>
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        <balance>510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>467789.00000000</valUSD>
        <pctVal>0.106009094044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ATHENAHEALTH GROUP INC</name>
        <lei>254900AA3KZN4Q7A5Z33</lei>
        <title>Athenahealth Group Inc 2025 Term Loan B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX258148"/>
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        <balance>566968.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>567039.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LCM Ltd Partnership</name>
        <lei>N/A</lei>
        <title>LCM Loan Income Fund I Income Note Issuer Ltd</title>
        <cusip>50200LAA4</cusip>
        <identifiers>
          <isin value="US50200LAA44"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>392239.00000000</valUSD>
        <pctVal>0.088888154785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.12200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HF SINCLAIR CORP</name>
        <lei>2549009G116AM01XHN24</lei>
        <title>HF Sinclair Corp</title>
        <cusip>403949AP5</cusip>
        <identifiers>
          <isin value="US403949AP50"/>
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        <balance>59000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59383.54000000</valUSD>
        <pctVal>0.013457339263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mach I</name>
        <lei>N/A</lei>
        <title>MACH 1 Cayman 2019-1 Ltd</title>
        <cusip>55446MAA5</cusip>
        <identifiers>
          <isin value="US55446MAA53"/>
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        <balance>72651.81000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70727.61000000</valUSD>
        <pctVal>0.016028102114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.47400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LENDINGTREE INC</name>
        <lei>N/A</lei>
        <title>LendingTree Inc Term Loan B</title>
        <cusip>52602KAC2</cusip>
        <identifiers>
          <isin value="US52602KAC27"/>
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        <balance>543199.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>545915.99000000</valUSD>
        <pctVal>0.123714023896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.44100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GSR Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>GSR Mortgage Loan Trust 2005-AR6</title>
        <cusip>362341SF7</cusip>
        <identifiers>
          <isin value="US362341SF70"/>
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        <balance>47622.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42685.12000000</valUSD>
        <pctVal>0.009673187912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HA SUSTAINABLE INF CAP</name>
        <lei>254900ZZRL7MWL1X8E92</lei>
        <title>HA Sustainable Infrastructure Capital Inc</title>
        <cusip>41068XAF7</cusip>
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          <isin value="US41068XAF78"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ESSENDI SA</name>
        <lei>2221000MD2YP7WLTNC52</lei>
        <title>Essendi SA</title>
        <cusip>000000000</cusip>
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          <isin value="XS3049460911"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.81000000</annualizedRt>
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      <invstOrSec>
        <name>PERSHING SQUARE SPARC HOLDINGS</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>PERSHING SQUARE SPARC HOLDINGS</title>
        <cusip>714920113</cusip>
        <identifiers>
          <isin value="US7149201136"/>
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        <balance>1566.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <othDeriv derivCat="OTH" othDesc="rights">
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              <counterpartyName>N/A</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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                <issuerName>Pershing Square Holdings Ltd.</issuerName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital</title>
        <cusip>161175CC6</cusip>
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          <isin value="US161175CC60"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CSMC Mortgage-Backed Trust 2007-2</title>
        <cusip>126384CF1</cusip>
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          <isin value="US126384CF18"/>
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        <balance>22477.42000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16295.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BLUE OWL CAPITAL CORP</name>
        <lei>2549000BD79OOCPF2L94</lei>
        <title>Blue Owl Capital Corp</title>
        <cusip>69121KAC8</cusip>
        <identifiers>
          <isin value="US69121KAC80"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499617.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CURRICULUM ASSOCIATES LLC</name>
        <lei>254900F1U1TH1N97NR19</lei>
        <title>Curriculum Associates LLC 2025 Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA000JYG3"/>
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        <balance>125157.81000000</balance>
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        <curCd>USD</curCd>
        <valUSD>124533.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.04900000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GoldenTree Loan Management US CLO, LTD</name>
        <lei>549300CQMHYJ3DLMP206</lei>
        <title>Goldentree Loan Management US Clo 9 Ltd</title>
        <cusip>38138JAU7</cusip>
        <identifiers>
          <isin value="US38138JAU79"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>251872.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.66900000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Textron Financial Corp</name>
        <lei>4E8B2CNXPE5P5AY03O18</lei>
        <title>Textron Financial Corp</title>
        <cusip>883199AR2</cusip>
        <identifiers>
          <isin value="US883199AR25"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166925.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>UMBS, TBA</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Security, TBA</title>
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          <isin value="US01F0226831"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456379.56000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>YUZHOU GROUP</name>
        <lei>213800MP59KHGJSPHE82</lei>
        <title>Yuzhou Group Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2215399317"/>
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        <balance>710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52795.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-12</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>Y</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Palmer Square Loan Funding Ltd</name>
        <lei>N/A</lei>
        <title>Palmer Square Loan Funding 2024-3 Ltd</title>
        <cusip>69690RAC4</cusip>
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          <isin value="US69690RAC43"/>
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        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>463159.05000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARCIS GOLF LLC</name>
        <lei>254900ZMGXNNIX4SXQ48</lei>
        <title>ARCIS GOLF LLC 2025 INC DELAYED DRAW Term Loan</title>
        <cusip>03958MAG2</cusip>
        <identifiers>
          <isin value="US03958MAG24"/>
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        <balance>123750.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>124136.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.04600000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INTERNATIONAL GAME TECH</name>
        <lei>549300UQ6KHRCZDRGZ76</lei>
        <title>International Game Technology PLC</title>
        <cusip>460599AF0</cusip>
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          <isin value="US460599AF06"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200017.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MUNICH RE</name>
        <lei>529900MUF4C20K50JS49</lei>
        <title>Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen</title>
        <cusip>62582PAA8</cusip>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1024400.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AERCAP IRELAND CAP/GLOBA</name>
        <lei>N/A</lei>
        <title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</title>
        <cusip>00774MAY1</cusip>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132394.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CEAMER FINANCE III LLC</name>
        <lei>25490002LG8Z1W2AKA12</lei>
        <title>CEAMER FINANCE III LLC</title>
        <cusip>000000000</cusip>
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        <balance>96521.77000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97898.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GLOBAL ATLANTIC FIN CO</name>
        <lei>98450051B2E65CAA7E94</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-15</maturityDt>
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          <annualizedRt>7.95000000</annualizedRt>
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      <invstOrSec>
        <name>EyeCare Partners LLC</name>
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        <title>EyeCare Partners LLC 2024 Second Out Term Loan B</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sonic Capital LLC</name>
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        <title>Sonic Capital LLC</title>
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          <isin value="US83546DAJ72"/>
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        <balance>47583.33000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-20</maturityDt>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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          <isin value="US38380YTQ88"/>
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        <balance>1535352.53000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-08-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.81800000</annualizedRt>
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      <invstOrSec>
        <name>KAISA GROUP HOLDINGS LTD</name>
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          <isin value="XS2347581873"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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      <invstOrSec>
        <name>ALLSPRING BUYER LLC</name>
        <lei>N/A</lei>
        <title>AllSpring Buyer LLC 2024 Term Loan B</title>
        <cusip>98922AAE6</cusip>
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          <isin value="US98922AAE64"/>
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        <balance>373070.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>375634.95000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
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      <invstOrSec>
        <name>VIPER ENERGY INC</name>
        <lei>5299009LINL232255G03</lei>
        <title>Viper Energy Inc</title>
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          <isin value="US92763MAB19"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37154.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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        <name>PILGRIM'S PRIDE CORP</name>
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        <title>Pilgrim's Pride Corp</title>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>602665.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Washington Mutual Mortgage Pass-Through CTFS</name>
        <lei>N/A</lei>
        <title>Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-5 Trust</title>
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        <balance>310720.74000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251043.25000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>NIPPON LIFE INSURANCE</name>
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        <title>Nippon Life Insurance Co</title>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>ORION US FINCO INC.</name>
        <lei>N/A</lei>
        <title>Orion US Finco Inc 1st Lien Term Loan</title>
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          <isin value="US68631KAB52"/>
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        <balance>550000.00000000</balance>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-20</maturityDt>
          <couponKind>None</couponKind>
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        <name>TEAMSYSTEM SPA</name>
        <lei>81560062081DF3AB7A90</lei>
        <title>TeamSystem SpA</title>
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          <isin value="XS2864287540"/>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31397GQ29</cusip>
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          <isin value="US31397GQ295"/>
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        <balance>72115.10000000</balance>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>STARWOOD PROPERTY TRUST</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust Inc</title>
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          <isin value="US85571BAU98"/>
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        <balance>209000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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        <name>GRAFTECH FINANCE INC</name>
        <lei>1Z010BU876CF2HDBIN43</lei>
        <title>GrafTech Finance Inc</title>
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          <isin value="US384311AC08"/>
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        <balance>105000.00000000</balance>
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        <valUSD>72450.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>FIGRE Trust</name>
        <lei>N/A</lei>
        <title>FIGRE Trust 2024-HE3</title>
        <cusip>31684GAC6</cusip>
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        <balance>120558.53000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122402.00000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.22900000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lealand Finance Company BV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Capstone Acquisition Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Imperial Fund LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TELUS CORP</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TAYLOR MORRISON COMM</name>
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        <title>Taylor Morrison Communities Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Cobham Ultra SeniorCo Sarl</name>
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        <title>Cobham Ultra SeniorCo Sarl USD Term Loan B</title>
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          <isin value="XAL1802PAC31"/>
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        <assetCat>LON</assetCat>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CARRIAGE SERVICES INC</name>
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        <title>Carriage Services Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>MOTOROLA SOLUTIONS INC</name>
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        <title>Motorola Solutions Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Palmer Square Loan Funding Ltd</name>
        <lei>N/A</lei>
        <title>Palmer Square Loan Funding 2021-3 Ltd</title>
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        <balance>200000.00000000</balance>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NEXTERA ENERGY CAPITAL</name>
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        <title>NextEra Energy Capital Holdings Inc</title>
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        <name>Telefonica Emisiones SAU</name>
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        <title>Telefonica Emisiones SA</title>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SUNOCO LP</name>
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        <title>Sunoco LP</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Textainer Marine Containers Limited</name>
        <lei>549300X48KLHDDGPK024</lei>
        <title>Textainer Marine Containers VII Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Oxford Finance Funding Trust</name>
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        <title>Oxford Finance Funding Trust 2023-1</title>
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        <name>Castlelake Aircraft Securitization Trust</name>
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        <title>Castlelake Aircraft Structured Trust 2025-1</title>
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        <name>JEFFERIES FIN GROUP INC</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>Jefferies Financial Group Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AMERICAN AIRLINES/AADVAN</name>
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        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>STANDARD CHARTERED PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FLUTTER FINANCING BV</name>
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          <isin value="XAN3313EAJ90"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cogent IPv4 LLC</name>
        <lei>N/A</lei>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>YUM! BRANDS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JBS USA HOLD/FOOD/LUX CO</name>
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        <title>JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl</title>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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      <invstOrSec>
        <name>Buttermilk Park CLO Ltd</name>
        <lei>N/A</lei>
        <title>Buttermilk Park CLO Ltd</title>
        <cusip>12416PAA5</cusip>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SYNCHRONY FINANCIAL</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial</title>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35318.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FIGRE Trust</name>
        <lei>N/A</lei>
        <title>FIGRE Trust 2024-HE1</title>
        <cusip>31684HAB6</cusip>
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          <isin value="US31684HAB69"/>
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        <balance>73585.65000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75232.60000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <identifiers>
          <isin value="US31398GRB76"/>
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        <balance>12711.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1345.76000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
        <lei>549300CII6SLYGKNHA04</lei>
        <title>S+P 500 INDEX</title>
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          <other otherDesc="Bloomberg Identifier" value="BBG01VCP5MC4"/>
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        <valUSD>-21224.00000000</valUSD>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <writtenOrPur>Written</writtenOrPur>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ALLIANT HOLD / CO-ISSUER</name>
        <lei>N/A</lei>
        <title>Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer</title>
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        <identifiers>
          <isin value="US01883LAF04"/>
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        <curCd>USD</curCd>
        <valUSD>103506.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>HESS MIDSTREAM OPERATION</name>
        <lei>N/A</lei>
        <title>Hess Midstream Operations LP</title>
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          <isin value="US428102AE79"/>
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        <balance>880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>846643.25000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>American Residential Services, LLC</name>
        <lei>549300UXCBZIG9PCNR39</lei>
        <title>American Residential Services LLC 2025 Repriced Term Loan B</title>
        <cusip>02927HAH1</cusip>
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        <balance>149222.80000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149782.39000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.53000000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo Mortgage Backed Securities Trust</name>
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        <title>Wells Fargo Mortgage Backed Securities 2006-AR19 Trust</title>
        <cusip>949789AA9</cusip>
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        <balance>34696.93000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>API HOLDINGS III LLC</name>
        <lei>549300FAGEOQASEWDY74</lei>
        <title>API Holdings III LLC 2023 Term Loan B1</title>
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          <isin value="US00189CAD83"/>
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        <balance>8162.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8261.23000000</valUSD>
        <pctVal>0.001872137882</pctVal>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isPaidKind>Y</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2006-31CB</title>
        <cusip>02148HAG6</cusip>
        <identifiers>
          <isin value="US02148HAG65"/>
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        <balance>286486.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161023.32000000</valUSD>
        <pctVal>0.036490674798</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>TVL FINANCE PLC</name>
        <lei>549300DUQXE7VXG8YA50</lei>
        <title>TVL Finance PLC</title>
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          <isin value="XS2845183495"/>
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        <balance>100000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2024-AIRC</title>
        <cusip>12433CAE5</cusip>
        <identifiers>
          <isin value="US12433CAE57"/>
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        <balance>97071.96000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97638.62000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.90200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JBS USA HOLD/FOOD/LUX CO</name>
        <lei>N/A</lei>
        <title>JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl</title>
        <cusip>46590XAQ9</cusip>
        <identifiers>
          <isin value="US46590XAQ97"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76995.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BGH9GUDP4 EUR PUT USD CALL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BGH9GUDP4"/>
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        <balance>38000.00000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.84965400"/>
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        <pctVal>0.000001509271</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                  <derivAddlInfo>
                    <name>BNP Paribas SA</name>
                    <lei>R0MUWSFPU8MPRO8K5P83</lei>
                    <title>FX Contract</title>
                    <cusip>N/A</cusip>
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                      <other otherDesc="Internal Identifier" value="AEII31758E"/>
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                    <balance>1.00000000</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
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                    <assetCat>DFE</assetCat>
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            <delta>XXXX</delta>
            <unrealizedAppr>-493.11000000</unrealizedAppr>
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      <invstOrSec>
        <name>Deutsche Mortgage and Asset Receiving Corp.</name>
        <lei>529900JBPP7HAVCM8C23</lei>
        <title>Deutsche Mortgage &amp; Asset Receiving Corp</title>
        <cusip>25160HAC9</cusip>
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        <balance>1409736.53000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1150205.02000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INCEPTION HOLDCO SARL</name>
        <lei>549300V0LY56J9HGCK92</lei>
        <title>Inception Holdco Sarl 2025 USD Term Loan B</title>
        <cusip>45073SAB1</cusip>
        <identifiers>
          <isin value="US45073SAB16"/>
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        <balance>99000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99990.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.04600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CNTRL PARENT/CDK GLB INC</name>
        <lei>N/A</lei>
        <title>Central Parent Inc / CDK Global Inc</title>
        <cusip>15477CAA3</cusip>
        <identifiers>
          <isin value="US15477CAA36"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81692.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Moran Foods LLC</name>
        <lei>N/A</lei>
        <title>Moran Foods LLC 2022 Extended Term Loan</title>
        <cusip>61647DAN2</cusip>
        <identifiers>
          <isin value="US61647DAN21"/>
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        <balance>12145.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7691.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.64600000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HERC HOLDINGS INC</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc</title>
        <cusip>42704LAG9</cusip>
        <identifiers>
          <isin value="US42704LAG95"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>242121.00000000</valUSD>
        <pctVal>0.054868814485</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>549300V2DF3KW9L1CV04</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2013-LC12</title>
        <cusip>94988QAQ4</cusip>
        <identifiers>
          <isin value="US94988QAQ47"/>
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        <balance>29256.43000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28117.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.91500000</annualizedRt>
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      <invstOrSec>
        <name>CION INVESTMENT CORP</name>
        <lei>549300XN70JLF94XKX80</lei>
        <title>CION Investment Corp</title>
        <cusip>17259UAA3</cusip>
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          <isin value="US17259UAA34"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>226626.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SC GAMES HOLDIN/US FINCO</name>
        <lei>N/A</lei>
        <title>Scientific Games Holdings LP/Scientific Games US FinCo Inc</title>
        <cusip>80874DAA4</cusip>
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          <isin value="US80874DAA46"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96442.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>CNO FINANCIAL GROUP INC</name>
        <lei>11XPYHB76MPM4Y4P2897</lei>
        <title>CNO Financial Group Inc</title>
        <cusip>12621EAM5</cusip>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52505.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GXO LOGISTICS INC</name>
        <lei>5493007CNWMXN78JRN66</lei>
        <title>GXO Logistics Inc</title>
        <cusip>36262GAF8</cusip>
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          <isin value="US36262GAF81"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104463.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABPCI Direct Lending Fund CLO Ltd</name>
        <lei>N/A</lei>
        <title>ABPCI DIRECT LENDING FUND CLO XV LTD</title>
        <cusip>000842AG9</cusip>
        <identifiers>
          <isin value="US000842AG95"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251817.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.48000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ELEMENT COMM AVIATION</name>
        <lei>N/A</lei>
        <title>ELEMENT COMM AVIATION</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="976EZQ906"/>
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        <balance>170.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIGRE Trust</name>
        <lei>N/A</lei>
        <title>FIGRE Trust 2024-HE2</title>
        <cusip>316927AC6</cusip>
        <identifiers>
          <isin value="US316927AC63"/>
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        <balance>116024.30000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-25</maturityDt>
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      <invstOrSec>
        <name>RR Ltd</name>
        <lei>254900LIH4RE7KQVNK74</lei>
        <title>RR 39 LTD</title>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>226642.50000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
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          <isin value="US38141GA799"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>TRANSMONTAIGNE PARTNERS</name>
        <lei>N/A</lei>
        <title>TransMontaigne Partners LLC</title>
        <cusip>89377AAA3</cusip>
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          <isin value="US89377AAA34"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26027.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VENTURE GLOBAL LNG INC</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>Venture Global LNG Inc</title>
        <cusip>92332YAF8</cusip>
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          <isin value="US92332YAF88"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48695.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACKHAWK NETWORK HOLDINGS INC</name>
        <lei>549300LFU3K8UIR03132</lei>
        <title>Blackhawk Network Holdings Inc 2025 Term Loan B</title>
        <cusip>09238FAM3</cusip>
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          <isin value="US09238FAM32"/>
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        <balance>159050.74000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160106.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-12</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>APTARGROUP INC</name>
        <lei>VNPEQDQFAA7IY1T2PX43</lei>
        <title>AptarGroup Inc</title>
        <cusip>038336AA1</cusip>
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          <isin value="US038336AA11"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64680.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.60000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KDAC Aviation Finance Limited</name>
        <lei>N/A</lei>
        <title>KDAC Aviation Finance Ltd</title>
        <cusip>48244XAA0</cusip>
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          <isin value="US48244XAA00"/>
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        <balance>81892.31000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79761.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.21200000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN NATIONAL GROUP</name>
        <lei>549300RK5RZQ740FPL83</lei>
        <title>American National Group Inc</title>
        <cusip>025676859</cusip>
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          <isin value="US0256768591"/>
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        <balance>3000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78210.00000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Capital Automotive Reit</name>
        <lei>N/A</lei>
        <title>CARS-DB7 LP</title>
        <cusip>12510HAT7</cusip>
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          <isin value="US12510HAT77"/>
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        <balance>98000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99089.47000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>JEFFERIES FIN LLC / JFIN</name>
        <lei>N/A</lei>
        <title>Jefferies Finance LLC / JFIN Co-Issuer Corp</title>
        <cusip>47232MAF9</cusip>
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          <isin value="US47232MAF95"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LCM Ltd Partnership</name>
        <lei>N/A</lei>
        <title>LCM 26 Ltd</title>
        <cusip>50200GAA5</cusip>
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          <isin value="US50200GAA58"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SUBURBAN PROPANE PARTNRS</name>
        <lei>N/A</lei>
        <title>Suburban Propane Partners LP/Suburban Energy Finance Corp</title>
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          <isin value="US864486AL98"/>
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        <balance>41000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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        <name>ONEAMERICA FINL PARTNERS</name>
        <lei>5493009S1SVD6UNUDB08</lei>
        <title>OneAmerica Financial Partners Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital</title>
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          <isin value="US161175BC79"/>
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        <balance>70000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MB2 Dental Solutions LLC</name>
        <lei>N/A</lei>
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        <name>VENTURE GLOBAL PLAQUE</name>
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        <title>Venture Global Plaquemines LNG LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KREF HOLDINGS X LLC</name>
        <lei>N/A</lei>
        <title>KREF Holdings X LLC 2025 Term Loan B</title>
        <cusip>48266YAE3</cusip>
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        <balance>2744907.37000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2762927.69000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-05</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.56100000</annualizedRt>
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      <invstOrSec>
        <name>HA SUSTAINABLE INF CAP</name>
        <lei>254900ZZRL7MWL1X8E92</lei>
        <title>HA Sustainable Infrastructure Capital Inc</title>
        <cusip>40408AAB7</cusip>
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          <isin value="US40408AAB70"/>
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        <balance>935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>952638.92000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382UAD3</cusip>
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          <isin value="US38382UAD37"/>
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        <balance>6763525.55000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210544.49000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Fortress Credit Opportunities CLO LLC</name>
        <lei>2549008RD44HDM6DNP14</lei>
        <title>Fortress Credit Opportunities IX CLO Ltd</title>
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          <isin value="US34961JBC71"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250210.75000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.31800000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICO LIFE INC</name>
        <lei>549300B5C1FRFHBYW144</lei>
        <title>Americo Life Inc</title>
        <cusip>03060NAD2</cusip>
        <identifiers>
          <isin value="US03060NAD21"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>580190.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fair Isaac Corp</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>Fair Isaac Corp</title>
        <cusip>303250AE4</cusip>
        <identifiers>
          <isin value="US303250AE41"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100131.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31397MBM8</cusip>
        <identifiers>
          <isin value="US31397MBM82"/>
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        <balance>9651.15000000</balance>
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        <curCd>USD</curCd>
        <valUSD>487.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.64000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ballyrock Ltd</name>
        <lei>254900GXTF670X967J67</lei>
        <title>Ballyrock CLO 14 Ltd</title>
        <cusip>05874YAC1</cusip>
        <identifiers>
          <isin value="US05874YAC12"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186662.75000000</valUSD>
        <pctVal>0.042301013960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38384AZ30</cusip>
        <identifiers>
          <isin value="US38384AZ308"/>
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        <balance>5603505.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>685543.53000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CAPSTONE BORROWER INC</name>
        <lei>254900YSP2BAI3YKIX08</lei>
        <title>Capstone Borrower Inc</title>
        <cusip>140944AA7</cusip>
        <identifiers>
          <isin value="US140944AA76"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104418.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aligned Data Centers Issuer LLC</name>
        <lei>N/A</lei>
        <title>Aligned Data Centers Issuer LLC</title>
        <cusip>01627AAB4</cusip>
        <identifiers>
          <isin value="US01627AAB44"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144059.00000000</valUSD>
        <pctVal>0.032646265899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.48200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INCEPTION HOLDCO S A R L</name>
        <lei>549300V0LY56J9HGCK92</lei>
        <title>INCEPTION HOLDCO S A R L 2025 USD FUNGIBLE TERM LOAN</title>
        <cusip>45073SAC9</cusip>
        <identifiers>
          <isin value="US45073SAC98"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>454502.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-18</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>JANE STREET GRP/JSG FIN</name>
        <lei>N/A</lei>
        <title>Jane Street Group / JSG Finance Inc</title>
        <cusip>47077WAC2</cusip>
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          <isin value="US47077WAC29"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SAVAGE ENTERPRISES LLC</name>
        <lei>N/A</lei>
        <title>Savage Enterprises LLC 2024 Term Loan B</title>
        <cusip>80465JAH1</cusip>
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          <isin value="US80465JAH14"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200853.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31398N2Y9</cusip>
        <identifiers>
          <isin value="US31398N2Y94"/>
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        <balance>1320518.43000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.63000000</annualizedRt>
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      <invstOrSec>
        <name>ReadyCap lending</name>
        <lei>N/A</lei>
        <title>ReadyCap Lending Small Business Loan Trust 2019-2</title>
        <cusip>75576QAA6</cusip>
        <identifiers>
          <isin value="US75576QAA67"/>
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        <balance>18539.93000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18527.58000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>White Cap Buyer LLC</name>
        <lei>254900L2N0T6GULCL366</lei>
        <title>White Cap Buyer LLC 2024 Term Loan B</title>
        <cusip>96350TAH3</cusip>
        <identifiers>
          <isin value="US96350TAH32"/>
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        <balance>248999.37000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Dryden Senior Loan Fund</name>
        <lei>N/A</lei>
        <title>Dryden 55 CLO Ltd</title>
        <cusip>26245QAC6</cusip>
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          <isin value="US26245QAC69"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>425330.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.71800000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382XDR3</cusip>
        <identifiers>
          <isin value="US38382XDR35"/>
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        <balance>3488366.62000000</balance>
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        <curCd>USD</curCd>
        <valUSD>550943.55000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <name>Freddie Mac</name>
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        <name>SERVICE LOGIC ACQUISITION INC</name>
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        <name>PRP Advisors, LLC</name>
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        <name>FARMERS INS EXCH</name>
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        <name>MOTOROLA SOLUTIONS INC</name>
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        <title>Motorola Solutions Inc</title>
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        <name>MPLX LP</name>
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        <name>Station Casinos LLC</name>
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        <name>PARTNERRE FINANCE B LLC</name>
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        <name>Northwoods Capital 20 Ltd</name>
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        <name>Saluda Grade Alternative Mortgage Trust</name>
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        <name>SOTHEBY'S/BIDFAIR HLD</name>
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        <name>CITADEL LP</name>
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        <title>Citadel LP</title>
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        <name>ALTICE FRANCE SA</name>
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        <name>CITRIN COOPERMAN ADVISORS LLC</name>
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        <name>ESSENDI SA</name>
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        <title>Essendi SA</title>
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      <invstOrSec>
        <name>Owl Rock CLO Ltd</name>
        <lei>N/A</lei>
        <title>Owl Rock CLO IX LLC</title>
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        <balance>250000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLUB CAPITAL BDC</name>
        <lei>2549005WE0QLGK9APF78</lei>
        <title>Golub Capital BDC Inc</title>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147078.98000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PFP III</name>
        <lei>N/A</lei>
        <title>PFP 2024-11 Ltd</title>
        <cusip>69291WAE2</cusip>
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          <isin value="US69291WAE21"/>
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        <balance>99552.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99580.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-17</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NETAPP INC</name>
        <lei>QTX3D84DZDD5JYOCYH15</lei>
        <title>NetApp Inc</title>
        <cusip>64110DAN4</cusip>
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          <isin value="US64110DAN49"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51360.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charter Communications Operating LLC</name>
        <lei>549300TPZNMN50BJ3745</lei>
        <title>Charter Communications Operating LLC 2023 Term Loan B4</title>
        <cusip>16117LCB3</cusip>
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          <isin value="US16117LCB36"/>
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        <balance>1515597.74000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1516544.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.29800000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banc of America Mortgage Securities</name>
        <lei>N/A</lei>
        <title>Banc of America Mortgage 2005-A Trust</title>
        <cusip>05949AH86</cusip>
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          <isin value="US05949AH867"/>
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        <balance>5199.75000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4800.51000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.11800000</annualizedRt>
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      <invstOrSec>
        <name>PENNYMAC FIN SVCS INC</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services Inc</title>
        <cusip>70932MAD9</cusip>
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        <balance>69000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73320.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILIP MORRIS INTL INC</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>Philip Morris International Inc</title>
        <cusip>718172CS6</cusip>
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          <isin value="US718172CS62"/>
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        <balance>166000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144794.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOEING CO</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
        <cusip>097023CX1</cusip>
        <identifiers>
          <isin value="US097023CX16"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9527.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.93000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dryden Senior Loan Fund</name>
        <lei>549300BH0PFEW6WVTN52</lei>
        <title>Dryden 40 Senior Loan Fund</title>
        <cusip>26244FAG2</cusip>
        <identifiers>
          <isin value="US26244FAG28"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>940343.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.33800000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NOURYON FINANCE BV</name>
        <lei>549300GD4NJGLPVYB245</lei>
        <title>Nouryon Finance BV 2024 USD Term Loan B1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAN8232NAL19"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>689068.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.51000000</annualizedRt>
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      <invstOrSec>
        <name>AUTONATION INC</name>
        <lei>N/A</lei>
        <title>AutoNation Inc</title>
        <cusip>05329WAT9</cusip>
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          <isin value="US05329WAT99"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>558284.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.89000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX LP</title>
        <cusip>55336VBX7</cusip>
        <identifiers>
          <isin value="US55336VBX73"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>301275.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wind River CLO Ltd</name>
        <lei>N/A</lei>
        <title>Wind River 2021-2 CLO Ltd</title>
        <cusip>97315YAA9</cusip>
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          <isin value="US97315YAA91"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>487567.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.96100000</annualizedRt>
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      <invstOrSec>
        <name>QUIKRETE HOLDINGS INC</name>
        <lei>5493007KIN86DIZWZT22</lei>
        <title>Quikrete Holdings Inc 2025 Term Loan B</title>
        <cusip>74839XAL3</cusip>
        <identifiers>
          <isin value="US74839XAL38"/>
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        <balance>69825.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69816.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.57700000</annualizedRt>
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      <invstOrSec>
        <name>AIR CANADA 2020-2A PTT</name>
        <lei>N/A</lei>
        <title>Air Canada 2020-2 Class A Pass Through Trust</title>
        <cusip>00909DAA1</cusip>
        <identifiers>
          <isin value="US00909DAA19"/>
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        <balance>11800.80000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11923.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DAVINCIRE HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>DaVinciRe Holdings Ltd</title>
        <cusip>23879AAA5</cusip>
        <identifiers>
          <isin value="US23879AAA51"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>805624.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>XPLR INFRAST OPERATING</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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          <isin value="US38378P2W70"/>
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        <balance>2049031.09000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-01-16</maturityDt>
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      <invstOrSec>
        <name>MATCH GROUP HLD II LLC</name>
        <lei>5493003RFFE030RC9167</lei>
        <title>Match Group Holdings II LLC</title>
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          <isin value="US57665RAG11"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JUNIPER NETWORKS INC</name>
        <lei>AUHIXNGG7U2U7JEHM527</lei>
        <title>Juniper Networks Inc</title>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-10</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Voya CLO Ltd</name>
        <lei>N/A</lei>
        <title>Voya CLO 2018-2 Ltd</title>
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          <isin value="US92917TAA34"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>484309.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Navigator Aircraft ABS LLC</name>
        <lei>N/A</lei>
        <title>Navigator Aircraft ABS Ltd</title>
        <cusip>63943BAB9</cusip>
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        <balance>358299.53000000</balance>
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        <curCd>USD</curCd>
        <valUSD>334269.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.57100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac Military Housing Bonds Resec Trust</name>
        <lei>549300ZG8WH0M4JSUM77</lei>
        <title>Freddie Mac Military Housing Bonds Resecuritization Trust Certificates 2015-R1</title>
        <cusip>35563CAB4</cusip>
        <identifiers>
          <isin value="US35563CAB46"/>
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        <curCd>USD</curCd>
        <valUSD>159458.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.70000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BDS Ltd</name>
        <lei>N/A</lei>
        <title>BDS 2025-FL14 LLC</title>
        <cusip>072921AL3</cusip>
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          <isin value="US072921AL34"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147132.84000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-21</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Onslow Bay Financial LLC</name>
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        <title>OBX 2024-NQM6 Trust</title>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Geon Performance Solutions LLC</name>
        <lei>N/A</lei>
        <title>GEON Performance Solutions LLC 2021 Term Loan</title>
        <cusip>37254YAB6</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-18</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hunter Douglas Inc.</name>
        <lei>529900811T142NS3H544</lei>
        <title>Hunter Douglas Inc 2025 USD Term Loan B</title>
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          <isin value="XAN8137FAE06"/>
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        <balance>448498.12000000</balance>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BOEING CO/THE</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
        <cusip>097023DU6</cusip>
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          <isin value="US097023DU67"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2064-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00800000</annualizedRt>
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      <invstOrSec>
        <name>ALBION FINANCING 3 SARL</name>
        <lei>213800VFJ5CIN2NUQ821</lei>
        <title>Albion Financing 3 SARL 2025 USD Term Loan B</title>
        <cusip>00847NAE6</cusip>
        <identifiers>
          <isin value="US00847NAE67"/>
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        <balance>99002.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99281.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-16</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>GLOBAL PART/GLP FINANCE</name>
        <lei>N/A</lei>
        <title>Global Partners LP / GLP Finance Corp</title>
        <cusip>37954FAL8</cusip>
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        <balance>550000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANGL LLC</name>
        <lei>549300PM5ZCKF0QY2J26</lei>
        <title>BANGL LLC Term Loan B</title>
        <cusip>05989UAC1</cusip>
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          <isin value="US05989UAC18"/>
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        <balance>98252.46000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98743.72000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.78800000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SSI ABS Issuer LLC</name>
        <lei>N/A</lei>
        <title>SSI ABS-2025-1 Issuer LLC</title>
        <cusip>78475CAA3</cusip>
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          <isin value="US78475CAA36"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200200.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>UNITED AIRLINES INC</name>
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        <title>United Airlines Inc 2024 1st Lien Term Loan B</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Capital Securities Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SHIMAO GROUP HOLDINGS LT</name>
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        <title>Shimao Group Holdings Ltd</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OCTAGON INVESTMENT PARTNERS 40, LTD.</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMERICA BANK</name>
        <lei>70WY0ID1N53Q4254VH70</lei>
        <title>Comerica Bank</title>
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          <isin value="US200339EX39"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EPIC CREATIONS INC</name>
        <lei>N/A</lei>
        <title>Epic Creations Inc DIP New Money Term Loan</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>Long: BGH9UUP26 IRS USD R V 00MSOFR BGH9UUP26_FLO CCPOIS / Short: BGH9UUP26 IRS USD P F  3.91400 BGH9UUP26_FIX CCPOIS</title>
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      <invstOrSec>
        <name>Business Jet Securities, LLC</name>
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      <invstOrSec>
        <name>Venture Global Calcasieu Pass LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cyxtera DC Holdings Inc</name>
        <lei>N/A</lei>
        <title>Cyxtera DC Holdings Inc Term Loan B</title>
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        <name>AMERICAN AIRLINES INC</name>
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        <title>American Airlines Inc 2025 Term Loan</title>
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      <invstOrSec>
        <name>SELECTIVE INSURANCE GROU</name>
        <lei>549300R3WGJWLE40R258</lei>
        <title>Selective Insurance Group Inc</title>
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        <name>Oportun Funding LLC</name>
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        <title>Oportun Issuance Trust 2022-3</title>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38377VE77</cusip>
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          <isin value="US38377VE774"/>
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        <balance>1054587.78000000</balance>
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        <valUSD>89218.55000000</valUSD>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PERRIGO FINANCE UNLIMITE</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Octagon Investment Partners XVI LTD</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOLRR Aircraft 2021-1 Limited</name>
        <lei>N/A</lei>
        <title>Lunar 2021-1 Structured Aircraft Portfolio Notes</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WW INTERNATIONAL INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Neuberger Berman CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMORGAN CHASE &amp; CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TRANSDIGM INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>APPLOVIN CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bear Stearns Asset Backed Securities Trust</name>
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        <name>Government National Mortgage Association</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>APEX GROUP TREASURY LLC</name>
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        <name>Roper Industrial Products Investment Company LLC</name>
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        <name>PARAMOUNT GLOBAL</name>
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        <name>Apollo Aviation Securitization Equity Trust</name>
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        <title>AASET 2025-1</title>
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        <name>QUIKRETE HOLDINGS INC</name>
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        <title>Quikrete Holdings Inc</title>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38376MAG2</cusip>
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          <isin value="US38376MAG24"/>
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        <balance>1457872.46000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132278.31000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-01-20</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BXMT Ltd</name>
        <lei>N/A</lei>
        <title>BXMT 2020-FL2 LTD</title>
        <cusip>12434LAJ3</cusip>
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          <isin value="US12434LAJ35"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>240128.35000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHRYSAOR BIDCO SARL</name>
        <lei>254900CXX37NCB7A8J31</lei>
        <title>Chrysaor Bidco Sarl USD Delayed Draw Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAL1588MAF31"/>
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        <balance>6886.23000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6940.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Citibank NA</name>
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          <other otherDesc="Trade Identifier" value="25FHKBB9T70"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citibank NA</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIGRE Trust</name>
        <lei>N/A</lei>
        <title>FIGRE Trust 2024-HE6</title>
        <cusip>31684DAC3</cusip>
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          <isin value="US31684DAC39"/>
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        <balance>133942.43000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396WKM7</cusip>
        <identifiers>
          <isin value="US31396WKM72"/>
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        <balance>59310.42000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6222.31000000</valUSD>
        <pctVal>0.001410083276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.20000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HILLENBRAND INC</name>
        <lei>U246OE781574J2BUD366</lei>
        <title>Hillenbrand Inc</title>
        <cusip>431571AF5</cusip>
        <identifiers>
          <isin value="US431571AF58"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2295290.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Laseraway Intermediate Holdings II LLC</name>
        <lei>254900KPMJ49M2JTOZ92</lei>
        <title>Laseraway Intermediate Holdings II LLC Term Loan</title>
        <cusip>51807KAC7</cusip>
        <identifiers>
          <isin value="US51807KAC71"/>
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        <balance>90267.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>86882.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.29100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PARAMOUNT GLOBAL</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>Paramount Global</title>
        <cusip>124857AF0</cusip>
        <identifiers>
          <isin value="US124857AF05"/>
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        <balance>16000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14626.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MAGNA INTERNATIONAL INC</name>
        <lei>95RWVLFZX6VGDZNNTN43</lei>
        <title>Magna International Inc</title>
        <cusip>559222BD5</cusip>
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          <isin value="US559222BD50"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>564573.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fanniemae-Aces</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae-Aces</title>
        <cusip>3136B5NX9</cusip>
        <identifiers>
          <isin value="US3136B5NX94"/>
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        <balance>16997106.34000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291473.18000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Morgan Stanley Capital Inc</name>
        <lei>N/A</lei>
        <title>Morgan Stanley ABS Capital I Inc Trust 2006-HE8</title>
        <cusip>61750SAF9</cusip>
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          <isin value="US61750SAF92"/>
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        <balance>249615.95000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Michael Baker International, LLC</name>
        <lei>N/A</lei>
        <title>Michael Baker International LLC 2025 Term Loan B</title>
        <cusip>59406MAF4</cusip>
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        <balance>398128.44000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SPEEDSTER BIDCO GMBH</name>
        <lei>254900LE837QB2YYV824</lei>
        <title>Speedster Bidco GmbH 2024 USD Term Loan B</title>
        <cusip>000000000</cusip>
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        <balance>149625.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-10</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Comerica Bank</name>
        <lei>70WY0ID1N53Q4254VH70</lei>
        <title>Comerica Bank</title>
        <cusip>200339DX4</cusip>
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          <isin value="US200339DX48"/>
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        <balance>645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>644073.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACADIAN ASSET MANAGEMENT</name>
        <lei>5493004FTLQNQTBOP608</lei>
        <title>Acadian Asset Management Inc</title>
        <cusip>10948WAA1</cusip>
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          <isin value="US10948WAA18"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>234805.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fixed Income Clearing Corp</name>
        <lei>549300H47WTHXPU08X20</lei>
        <title>FIXED INC CLEARING CORP.REPO</title>
        <cusip>000000000</cusip>
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        <balance>6446000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6446000.00000000</valUSD>
        <pctVal>1.460775307271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <clearedCentCparty centralCounterparty="Fixed Income Clearing Corp" isCleared="Y"/>
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      <invstOrSec>
        <name>ABPCI Direct Lending Fund ABS Ltd</name>
        <lei>254900SYCJCYTK7KQI41</lei>
        <title>ABPCI Direct Lending Fund ABS IV LP</title>
        <cusip>00092FAE5</cusip>
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          <isin value="US00092FAE51"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>262682.75000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Foundation Building Materials Holding Company LLC</name>
        <lei>549300ZVE6MONHB01I28</lei>
        <title>Foundation Building Materials Holding Company LLC 2024 Term Loan B2</title>
        <cusip>35039KAD8</cusip>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VERSUNI GROUP BV</name>
        <lei>549300NZZFLYK83VVT71</lei>
        <title>Versuni Group BV</title>
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          <isin value="XS2355515516"/>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities</name>
        <lei>N/A</lei>
        <title>CSFB Mortgage-Backed Pass-Through Certificates Series 2003-27</title>
        <cusip>22541QL75</cusip>
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          <isin value="US22541QL752"/>
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        <balance>24736.57000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25447.21000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Banc of America Funding Corporation</name>
        <lei>N/A</lei>
        <title>Banc of America Funding 2005-7 Trust</title>
        <cusip>05946XS61</cusip>
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          <isin value="US05946XS615"/>
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        <balance>16331.40000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16619.01000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>DAI-ICHI LIFE INSURANCE</name>
        <lei>3538001235ACEIORUV72</lei>
        <title>Dai-ichi Life Insurance Co Ltd/The</title>
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        <curCd>USD</curCd>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAMMONTANA ITALIA SPA</name>
        <lei>8156002DFC51B8173A68</lei>
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          <isin value="XS2902576896"/>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
        <cusip>693475BC8</cusip>
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          <isin value="US693475BC86"/>
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        <balance>2455000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>PULTEGROUP INC</name>
        <lei>N/A</lei>
        <title>PulteGroup Inc</title>
        <cusip>745867AP6</cusip>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53667.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PATRICK INDUSTRIES INC</name>
        <lei>549300FZ5ZTCCJ3Z5W14</lei>
        <title>Patrick Industries Inc</title>
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          <isin value="US703343AD59"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Aston FinCo Sarl</name>
        <lei>N/A</lei>
        <title>Aston FinCo Sarl 2019 Term Loan B</title>
        <cusip>04625CAC4</cusip>
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          <isin value="US04625CAC47"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CTL AZ BATTERY PROPERTY</name>
        <lei>N/A</lei>
        <title>CTL AZ BATTERY PROPERTY</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382Q3U2</cusip>
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          <isin value="US38382Q3U22"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31398CGK8</cusip>
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          <isin value="US31398CGK80"/>
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        <balance>149791.40000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
        <lei>N/A</lei>
        <title>RALI Series 2006-QS17 Trust</title>
        <cusip>74922SAE8</cusip>
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          <isin value="US74922SAE81"/>
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        <balance>200972.13000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Morgan Stanley Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Mortgage Loan Trust 2007-13</title>
        <cusip>61756HBN9</cusip>
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        <balance>222027.57000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Lealand Finance Company BV</name>
        <lei>N/A</lei>
        <title>Lealand Finance Company BV 2020 Make Whole Term Loan</title>
        <cusip>000000000</cusip>
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          <isin value="XAN5200EAC56"/>
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        <balance>45798.27000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Golub Capital Partners CLO, LTD</name>
        <lei>N/A</lei>
        <title>Golub Capital Partners CLO 74 B Ltd</title>
        <cusip>38190BAC9</cusip>
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          <isin value="US38190BAC90"/>
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        <balance>250000.00000000</balance>
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        <name>KINETIK HOLDINGS LP</name>
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        <name>STICHTING ADMINISTRATIEKAN</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TLWND 2019-1</name>
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        <name>WHIRLPOOL CORP</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Fanniemae-Aces</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHG PPC Parent LLC</name>
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        <name>BLUE OWL TECHNOLOGY FIN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Onslow Bay Financial LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Xplornet Communications Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury</name>
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        <name>HPS Private Credit CLO</name>
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        <name>IRIDIUM SATELLITE LLC</name>
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        <name>Jol Air</name>
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        <name>United States Treasury</name>
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        <title>U.S. Treasury Notes</title>
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        <name>Owl Rock CLO Ltd</name>
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      <invstOrSec>
        <name>Golub Capital Partners CLO Ltd</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CoreVest American Finance Ltd</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HarborView Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fanniemae-Aces</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae-Aces</title>
        <cusip>3136B9EN3</cusip>
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          <isin value="US3136B9EN36"/>
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        <balance>15811196.45000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Park-Ohio Industries Inc</name>
        <lei>5493006LQUO5SLMNYM18</lei>
        <title>Park-Ohio Industries Inc</title>
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          <isin value="US700677AR89"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
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      <invstOrSec>
        <name>BOEING CO</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
        <cusip>097023CW3</cusip>
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          <isin value="US097023CW33"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ATLANTICA SUSTAIN INFRA</name>
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        <title>Atlantica Sustainable Infrastructure Ltd</title>
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          <isin value="US04916WAA27"/>
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        <balance>2430000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
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      <invstOrSec>
        <name>BIB MERCHANT VOUCHER REC</name>
        <lei>N/A</lei>
        <title>BIB MERCHANT VOUCHER REC</title>
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        <balance>106667.17000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106213.04000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>VFH PARENT / VALOR CO</name>
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        <balance>550000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38379GVG9</cusip>
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        <balance>1252453.97000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>American Home Mortgage Investment Trust</name>
        <lei>N/A</lei>
        <title>American Home Mortgage Investment Trust 2006-1</title>
        <cusip>02660THY2</cusip>
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          <isin value="US02660THY29"/>
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        <balance>150863.08000000</balance>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ASHTEAD CAPITAL INC</name>
        <lei>213800J1134IW58IC398</lei>
        <title>Ashtead Capital Inc</title>
        <cusip>04505AAA7</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QSRP FINCO BV</name>
        <lei>894500AXJRZ3TICBD793</lei>
        <title>QSRP FINCO BV 2025 EUR TERM LOAN B</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>EXELON CORP</name>
        <lei>3SOUA6IRML7435B56G12</lei>
        <title>Exelon Corp</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CSMC Mortgage-Backed Trust 2006-6</title>
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        <balance>600156.74000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eisner Advisory Group LLC</name>
        <lei>549300TV33NKCG2ZE467</lei>
        <title>Eisner Advisory Group LLC 2024 Term Loan B</title>
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          <isin value="US28259HAG65"/>
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        <balance>98506.87000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99060.97000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-28</maturityDt>
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        <name>Options Clearing Corp.</name>
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        <name>Modena Buyer LLC</name>
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        <name>NCL CORPORATION LTD</name>
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        <name>Sitecore Holding III A/S</name>
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        <name>MOTEL ONE GMBH/MUENCHEN</name>
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        <name>DYAL CAPITAL PARTNERS III ISSU</name>
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        <name>Central Parent Inc</name>
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        <name>Carlyle Global Market Strategies</name>
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        <name>Venture CDO Ltd</name>
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        <title>VENTURE XIII CLO Ltd</title>
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        <name>NUSTAR LOGISTICS LP</name>
        <lei>N62BF2PKP51FIIOIUN20</lei>
        <title>NuStar Logistics LP</title>
        <cusip>67059TAH8</cusip>
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          <isin value="US67059TAH86"/>
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        <balance>89000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92283.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2019-ICON UES</title>
        <cusip>46651CAS7</cusip>
        <identifiers>
          <isin value="US46651CAS70"/>
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        <balance>299000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>276354.04000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.60100000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KKR APPLE BIDCO LLC</name>
        <lei>2549001SCJD3WEYJFM53</lei>
        <title>KKR Apple Bidco LLC 2025 Term Loan</title>
        <cusip>48254EAG6</cusip>
        <identifiers>
          <isin value="US48254EAG61"/>
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        <balance>149250.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>149156.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.82700000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BELROSE FUNDING TRUST II</name>
        <lei>N/A</lei>
        <title>Belrose Funding Trust II</title>
        <cusip>08079KAA2</cusip>
        <identifiers>
          <isin value="US08079KAA25"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>562944.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.79200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SK INVICTUS INTERMEDIATE</name>
        <lei>N/A</lei>
        <title>SK Invictus Intermediate II Sarl</title>
        <cusip>29977LAA9</cusip>
        <identifiers>
          <isin value="US29977LAA98"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96877.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2012-CCRE3 Mortgage Trust</title>
        <cusip>12624PAL9</cusip>
        <identifiers>
          <isin value="US12624PAL94"/>
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        <balance>437752.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411100.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.92200000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOOST NEWCO BORROWER LLC</name>
        <lei>254900S8RE1OL7TTCU64</lei>
        <title>Boost Newco Borrower LLC</title>
        <cusip>36268NAA8</cusip>
        <identifiers>
          <isin value="US36268NAA81"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212451.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SYSTEM ONE HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>System One Holdings LLC 2024 Term Loan B</title>
        <cusip>67114AAD1</cusip>
        <identifiers>
          <isin value="US67114AAD19"/>
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        <balance>1126376.66000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1129192.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.04600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BXMT Ltd</name>
        <lei>N/A</lei>
        <title>BXMT 2020-FL3 Ltd</title>
        <cusip>05608XAJ1</cusip>
        <identifiers>
          <isin value="US05608XAJ19"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96564.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.72800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ondeck Asset Securitization Trust LLC</name>
        <lei>N/A</lei>
        <title>OnDeck Asset Securitization Trust IV LLC</title>
        <cusip>67108SAB4</cusip>
        <identifiers>
          <isin value="US67108SAB43"/>
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        <balance>340000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>342455.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Howden Group Holdings Ltd</name>
        <lei>213800R6D9EVRN5D3117</lei>
        <title>Howden Group Holdings Ltd 2024 USD 1st Lien Term Loan B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAG4712JAZ57"/>
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        <balance>149249.95000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>149885.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.32700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31398MBV7</cusip>
        <identifiers>
          <isin value="US31398MBV72"/>
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        <balance>23042.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1048.74000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.33000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382EFH5</cusip>
        <identifiers>
          <isin value="US38382EFH53"/>
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        <balance>3960955.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>318096.02000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.93800000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCULTOR ALTERN SOLUTIONS</name>
        <lei>549300MT2IHVJVYVLW85</lei>
        <title>Sculptor Alternative Solutions LLC</title>
        <cusip>811243AE4</cusip>
        <identifiers>
          <isin value="US811243AE43"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>447700.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MetroNet Infrastructure Issuer LLC</name>
        <lei>5493000BIROCAEATAQ61</lei>
        <title>MetroNet Infrastructure Issuer LLC</title>
        <cusip>59170DAB7</cusip>
        <identifiers>
          <isin value="US59170DAB73"/>
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        <balance>887000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>924062.05000000</valUSD>
        <pctVal>0.209408474251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMDB Commercial Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>JPMDB Commercial Mortgage Securities Trust 2017-C5</title>
        <cusip>46590TAG0</cusip>
        <identifiers>
          <isin value="US46590TAG04"/>
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        <balance>176735.55000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1497.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.01400000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SUBWAY FUNDING LLC</name>
        <lei>N/A</lei>
        <title>Subway Funding LLC</title>
        <cusip>864300AE8</cusip>
        <identifiers>
          <isin value="US864300AE83"/>
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        <balance>149250.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>153550.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Finastra USA Inc</name>
        <lei>549300ZB2RO6QC7YTK71</lei>
        <title>Finastra USA Inc 2023 Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX216816"/>
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        <balance>89862.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>90424.14000000</valUSD>
        <pctVal>0.020491677147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>ASURION LLC</name>
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      <invstOrSec>
        <name>Southern Veterinary Partners LLC</name>
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        <name>KAISA GROUP HOLDINGS LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>World Wide Technology Holding Co. LLC</name>
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        <name>EAGLE POINT CREDIT CO</name>
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        <name>Saphilux Sarl</name>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <name>Government National Mortgage Association</name>
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        <name>Credit Suisse First Boston Mortgage Securities</name>
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        <name>GRAPHIC PACKAGING INTERN</name>
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      <invstOrSec>
        <name>FS KKR CAPITAL CORP</name>
        <lei>549300TYRSI1T21B1360</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ONEOK INC</name>
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        <title>ONEOK Inc</title>
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        <curCd>USD</curCd>
        <valUSD>107962.04000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Elm Trust</name>
        <lei>N/A</lei>
        <title>Elm 2020-4 Trust</title>
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          <isin value="US28924AAC53"/>
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        <curCd>USD</curCd>
        <valUSD>29542.69000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ABPCI Direct Lending Fund ABS Ltd</name>
        <lei>N/A</lei>
        <title>ABPCI Direct Lending Fund ABS I Ltd</title>
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          <isin value="US00090TAC18"/>
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        <balance>76777.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75596.26000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-29</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AQUILA FDG 2024 1 A</name>
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          <other otherDesc="Internal Identifier" value="953YGGII3"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>256333.30000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DARKTRACE PLC</name>
        <lei>N/A</lei>
        <title>Darktrace PLC 1st Lien Term Loan</title>
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          <isin value="US52526CAB54"/>
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        <balance>79800.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lealand Finance Company BV</name>
        <lei>N/A</lei>
        <title>Lealand Finance Company BV 2024 Reficar Term Loan</title>
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          <other otherDesc="Internal Identifier" value="BA00038F9"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>GSR Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>GSR Mortgage Loan Trust 2005-4F</title>
        <cusip>36242DY31</cusip>
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          <isin value="US36242DY315"/>
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        <balance>26146.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25295.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>ONEMAIN FINANCE CORP</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OneMain Finance Corp</title>
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          <isin value="US682695AA94"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104931.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2004-16CB</title>
        <cusip>12667FLZ6</cusip>
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          <isin value="US12667FLZ61"/>
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        <balance>24714.59000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>SERVICE CORP INTL</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>Service Corp International/US</title>
        <cusip>817565CH5</cusip>
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          <isin value="US817565CH52"/>
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        <balance>157000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158802.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Calpine Construction Finance Company LP</name>
        <lei>V0Q3DOB0FIB2XI1KWU77</lei>
        <title>Calpine Construction Finance Company LP 2023 Refinancing Term Loan B</title>
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          <isin value="US13134NAH44"/>
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        <balance>99500.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>UMBS, TBA</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Security, TBA</title>
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          <isin value="US01F0506760"/>
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        <balance>834625.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Apttus Corporation</name>
        <lei>254900VOVRKNFQ3GHG43</lei>
        <title>Apttus Corporation 2024 Term Loan B</title>
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          <isin value="US03835XAD49"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
        <lei>549300CII6SLYGKNHA04</lei>
        <title>S+P 500 INDEX</title>
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          <other otherDesc="Bloomberg Identifier" value="BBG01V7LCM68"/>
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        <assetCat>DE</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Stewart Park CLO Ltd</name>
        <lei>549300FC1IHOM4H6GL63</lei>
        <title>Stewart Park CLO Ltd</title>
        <cusip>860443AE0</cusip>
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          <isin value="US860443AE06"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>501258.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>KREF 2021-FL2 Ltd</name>
        <lei>54930083ELM2GCMVTQ91</lei>
        <title>KREF 2021-FL2 Ltd</title>
        <cusip>48275RAC1</cusip>
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          <isin value="US48275RAC16"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97830.36000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.72800000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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        <name>Washington Mutual Mortgage Pass-Through CTFS</name>
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        <title>Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-8 Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CLEARWATER ANALYTICS LLC</name>
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        <title>Clearwater Analytics LLC 2025 Term Loan B</title>
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          <isin value="US18512EAF97"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Palmer Square Loan Funding Ltd</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mill City Mortgage Trust</name>
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          <isin value="US599920AA30"/>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>UNIGEL NETHERLANDS HOLD</name>
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        <title>Unigel Netherlands Holding Corp BV</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Residential Mortgage Loan Trust</name>
        <lei>2138002D8CMDYG7QOU84</lei>
        <title>New Residential Mortgage Loan Trust 2025-NQM3</title>
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          <isin value="US64832CAE30"/>
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        <balance>300000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Constant Contact Inc</name>
        <lei>2549000JW50H0AI5B946</lei>
        <title>Constant Contact Inc Second Lien Term Loan</title>
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          <isin value="US21031HAE18"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AASET 2019-2 Trust</name>
        <lei>N/A</lei>
        <title>Aaset 2019-2 Trust</title>
        <cusip>00038RAB2</cusip>
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          <isin value="US00038RAB24"/>
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        <balance>52548.50000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Options Clearing Corp.</name>
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        <title>S+P 500 INDEX</title>
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        <fairValLevel>1</fairValLevel>
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            <writtenOrPur>Written</writtenOrPur>
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      <invstOrSec>
        <name>PLAINS ALL AMER PIPELINE</name>
        <lei>N/A</lei>
        <title>Plains All American Pipeline LP / PAA Finance Corp</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SCENTRE GROUP TRUST 2</name>
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        <title>Scentre Group Trust 2</title>
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        <name>SOUTHWESTERN PUBLIC SERV</name>
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        <title>Southwestern Public Service Co</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382XJ89</cusip>
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        <issuerCat>USGA</issuerCat>
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        <name>Jamestown CLO Ltd</name>
        <lei>N/A</lei>
        <title>Jamestown CLO XVIII Ltd</title>
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        <name>Project Sunbird</name>
        <lei>N/A</lei>
        <title>Sunbird Engine Finance LLC</title>
        <cusip>86709LAB2</cusip>
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        <name>LEVEL 3 FINANCING INC</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>Level 3 Financing Inc</title>
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        <balance>34149.00000000</balance>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>CLOUD SOFTWARE GRP INC</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>Cloud Software Group Inc</title>
        <cusip>88632QAE3</cusip>
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        <balance>100000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>PRIME SECSRVC BRW/FINANC</name>
        <lei>N/A</lei>
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        <cusip>74166MAC0</cusip>
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          <isin value="US74166MAC01"/>
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        <balance>63000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FACTSET RESEARCH SYSTEMS</name>
        <lei>549300ZSJE7NBK6K9P30</lei>
        <title>FactSet Research Systems Inc</title>
        <cusip>303075AB1</cusip>
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          <isin value="US303075AB13"/>
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        <balance>172000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156842.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CSMC 2021-RPL4 Trust</title>
        <cusip>12662GAC2</cusip>
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          <isin value="US12662GAC24"/>
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        <balance>90643.59000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90343.96000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-12-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.11800000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OAKTREE SPECIALTY LEND</name>
        <lei>549300J6MGCEU5928620</lei>
        <title>Oaktree Specialty Lending Corp</title>
        <cusip>67401PAD0</cusip>
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          <isin value="US67401PAD06"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92701.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.10000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLOBAL ATLANTIC</name>
        <lei>98450051B2E65CAA7E94</lei>
        <title>Global Atlantic Fin Co</title>
        <cusip>37959GAC1</cusip>
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          <isin value="US37959GAC15"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49093.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STARWOOD PROPERTY TRUST</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust Inc</title>
        <cusip>85571BBD6</cusip>
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          <isin value="US85571BBD64"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51688.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TRINITY CAPITAL INC/MD</name>
        <lei>549300YGT4SBRQYDVU48</lei>
        <title>Trinity Capital Inc</title>
        <cusip>896442605</cusip>
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          <isin value="US8964426055"/>
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        <balance>25000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>628000.00000000</valUSD>
        <pctVal>0.142315683054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</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>
        <name>PHINIA INC</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>Phinia Inc</title>
        <cusip>71880KAB7</cusip>
        <identifiers>
          <isin value="US71880KAB70"/>
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        <balance>86000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87358.80000000</valUSD>
        <pctVal>0.019797017982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PTC Inc</name>
        <lei>54930050SSMU8SKDJ030</lei>
        <title>PTC Inc</title>
        <cusip>69370CAC4</cusip>
        <identifiers>
          <isin value="US69370CAC47"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>242354.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lealand Finance Company BV</name>
        <lei>N/A</lei>
        <title>Lealand Finance Company BV 2020 Escrow Letter of Credit</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA0000RN7"/>
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        <balance>457460.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260752.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.57200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
        <lei>N/A</lei>
        <title>RALI Series 2006-QS7 Trust</title>
        <cusip>748940AC7</cusip>
        <identifiers>
          <isin value="US748940AC78"/>
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        <balance>224649.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178064.51000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31396HRK7</cusip>
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          <isin value="US31396HRK76"/>
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        <balance>203653.78000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.28200000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ESSENDI SA</name>
        <lei>2221000MD2YP7WLTNC52</lei>
        <title>Essendi SA</title>
        <cusip>000000000</cusip>
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          <isin value="XS3049460325"/>
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        <balance>200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84965400"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FERRELLGAS LP/FERRELLGAS</name>
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        <title>Ferrellgas LP / Ferrellgas Finance Corp</title>
        <cusip>315289AA6</cusip>
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          <isin value="US315289AA69"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HORNBECK OFFSHORE SRVC INC</name>
        <lei>N/A</lei>
        <title>HORNBECK OFFSHORE SRVC INC</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="967HAJ903"/>
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        <balance>389.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7002.00000000</valUSD>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="WAR">
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              <counterpartyName>N/A</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>Hornbeck Offshore Services, Inc.</issuerName>
                <issueTitle>Hornbeck Offshore Services, Inc.</issueTitle>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38377JPL1</cusip>
        <identifiers>
          <isin value="US38377JPL16"/>
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        <balance>6911.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145.42000000</valUSD>
        <pctVal>0.000032954692</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.23700000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital Automotive Reit</name>
        <lei>N/A</lei>
        <title>CARS-DB4 LP</title>
        <cusip>12510HAJ9</cusip>
        <identifiers>
          <isin value="US12510HAJ95"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>181226.24000000</valUSD>
        <pctVal>0.041069006581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BUILDERS FIRSTSOURCE INC</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource Inc</title>
        <cusip>12008RAT4</cusip>
        <identifiers>
          <isin value="US12008RAT41"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>AVOLON HOLDINGS FNDG LTD</name>
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          <isin value="US05401AAK79"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2203438.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
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      <invstOrSec>
        <name>ARDONAGH FINCO LTD</name>
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        <title>Ardonagh Finco Ltd</title>
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          <isin value="XS2765489484"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OHA Credit Partners Ltd</name>
        <lei>549300OYGEU6QQMCEG78</lei>
        <title>OHA Credit Partners XI Ltd</title>
        <cusip>67109FBC8</cusip>
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          <isin value="US67109FBC86"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251618.75000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.46900000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HERC HOLDINGS INC</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc</title>
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          <isin value="US42704LAF13"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335926.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cerberus</name>
        <lei>635400CIKKARDIZZL727</lei>
        <title>Cerberus Loan Funding XLII LLC</title>
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          <isin value="US15675CAE57"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251784.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-13</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396K5F5</cusip>
        <identifiers>
          <isin value="US31396K5F52"/>
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        <balance>665459.10000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60405.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.16000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ESC PERSHING SQUARE TO</name>
        <lei>549300ZDVEYEVCF35B08</lei>
        <title>ESC PERSHING SQUARE TO</title>
        <cusip>715ESC018</cusip>
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          <other otherDesc="Internal Identifier" value="715ESC018"/>
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        <balance>6266.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <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>AASET 2021-2 Trust</name>
        <lei>N/A</lei>
        <title>Aaset 2021-2 Trust</title>
        <cusip>00258BAB0</cusip>
        <identifiers>
          <isin value="US00258BAB09"/>
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        <balance>339547.95000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>315603.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.53800000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Legacy Mortgage Asset Trust</name>
        <lei>N/A</lei>
        <title>Legacy Mortgage Asset Trust 2021-GS2</title>
        <cusip>52476DAA5</cusip>
        <identifiers>
          <isin value="US52476DAA54"/>
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        <balance>566243.11000000</balance>
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        <curCd>USD</curCd>
        <valUSD>566533.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Banc of America Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Banc of America Alternative Loan Trust 2003-8</title>
        <cusip>05948XTV3</cusip>
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          <isin value="US05948XTV37"/>
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        <balance>21498.17000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21664.22000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Onslow Bay Financial LLC</name>
        <lei>254900RDM4XSF0B1E373</lei>
        <title>OBX 2024-NQM5 Trust</title>
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          <isin value="US67448NAD03"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100823.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2064-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARDONAGH MIDCO 3 PLC</name>
        <lei>254900YP2E642AGM4G32</lei>
        <title>Ardonagh Midco 3 PLC 2024 USD Term Loan B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAQ0500HAB59"/>
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        <balance>149625.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148876.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TARGA RESOURCES PARTNERS</name>
        <lei>N/A</lei>
        <title>Targa Resources Partners LP / Targa Resources Partners Finance Corp</title>
        <cusip>87612BBQ4</cusip>
        <identifiers>
          <isin value="US87612BBQ41"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152242.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHA Credit Partners Ltd</name>
        <lei>549300LXLBAFTIMXZT54</lei>
        <title>OHA Credit Partners VII Ltd</title>
        <cusip>67102UAK5</cusip>
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          <isin value="US67102UAK51"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>247608.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.82200000</annualizedRt>
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      <invstOrSec>
        <name>CITADEL LP</name>
        <lei>549300IPM6EKPVUPFL67</lei>
        <title>Citadel LP</title>
        <cusip>17288XAC8</cusip>
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          <isin value="US17288XAC83"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26115.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <name>NIDDA HEALTHCARE HOLDING</name>
        <lei>549300Q89C4WAO6L0L19</lei>
        <title>Nidda Healthcare Holding GmbH</title>
        <cusip>000000000</cusip>
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          <isin value="XS3067483787"/>
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        <balance>450000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84965400"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.90000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>TERRAFORM GLOBAL OPERATI</name>
        <lei>549300LC7QMVR79H5O86</lei>
        <title>Terraform Global Operating LP</title>
        <cusip>88104UAC7</cusip>
        <identifiers>
          <isin value="US88104UAC71"/>
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        <balance>129000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128745.82000000</valUSD>
        <pctVal>0.029176033938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>CROCS INC</name>
        <lei>549300B0J6YCXD63OG72</lei>
        <title>Crocs Inc</title>
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          <isin value="US227046AB51"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121708.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>EMRLD BORROWER LP</name>
        <lei>5493000GJYE7GAQCUC61</lei>
        <title>EMRLD Borrower LP 2024 Term Loan B</title>
        <cusip>26872NAD1</cusip>
        <identifiers>
          <isin value="US26872NAD12"/>
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        <balance>2526087.06000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2525190.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-04</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Monroe Capital ABS Funding LTD</name>
        <lei>N/A</lei>
        <title>Monroe Capital ABS Funding 2021-1 Ltd</title>
        <cusip>610331AA8</cusip>
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          <isin value="US610331AA87"/>
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        <balance>97639.53000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96675.54000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.81500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>METHANEX US OPERATIONS</name>
        <lei>N/A</lei>
        <title>Methanex US Operations Inc</title>
        <cusip>59151LAA4</cusip>
        <identifiers>
          <isin value="US59151LAA44"/>
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        <balance>3140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3128479.97000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNIVERSAL INSURANCE HLDS</name>
        <lei>529900GGAZ6WVUCWQM46</lei>
        <title>Universal Insurance Holdings Inc</title>
        <cusip>91359VAC1</cusip>
        <identifiers>
          <isin value="US91359VAC19"/>
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        <balance>345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>340036.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CUBE INDUSTRIALS BUYER INC</name>
        <lei>25490058FG1NWDNJ5K52</lei>
        <title>Cube Industrials Buyer Inc 2024 Term Loan</title>
        <cusip>22971EAB4</cusip>
        <identifiers>
          <isin value="US22971EAB48"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150984.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.52200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CENGAGE LEARNING INC</name>
        <lei>549300BYGM0FWUSVXJ88</lei>
        <title>Cengage Learning Inc 2024 1st Lien Term Loan B</title>
        <cusip>15131YAQ8</cusip>
        <identifiers>
          <isin value="US15131YAQ89"/>
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        <balance>110246.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110638.48000000</valUSD>
        <pctVal>0.025072596900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.83000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Koninklijke KPN NV</name>
        <lei>549300YO0JZHAL7FVP81</lei>
        <title>Koninklijke KPN NV</title>
        <cusip>780641AH9</cusip>
        <identifiers>
          <isin value="US780641AH94"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>117420.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31397PTU4</cusip>
        <identifiers>
          <isin value="US31397PTU48"/>
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        <balance>793393.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67211.31000000</valUSD>
        <pctVal>0.015231247598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.58200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CRESCENT CAPITAL BDC INC</name>
        <lei>549300VPIZMU6OEE0V68</lei>
        <title>Crescent Capital BDC Inc</title>
        <cusip>225655208</cusip>
        <identifiers>
          <isin value="US2256552082"/>
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        <balance>8900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>218584.00000000</valUSD>
        <pctVal>0.049534922395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CVR ENERGY INC</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVR Energy Inc</title>
        <cusip>12662PAF5</cusip>
        <identifiers>
          <isin value="US12662PAF53"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100133.30000000</valUSD>
        <pctVal>0.022691941060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Galaxy CLO Ltd</name>
        <lei>N/A</lei>
        <title>Galaxy XXVI CLO Ltd</title>
        <cusip>36321LAL3</cusip>
        <identifiers>
          <isin value="US36321LAL36"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250183.50000000</valUSD>
        <pctVal>0.056695916705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.92600000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENCOMPASS HEALTH CORP</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>Encompass Health Corp</title>
        <cusip>29261AAB6</cusip>
        <identifiers>
          <isin value="US29261AAB61"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335459.03000000</valUSD>
        <pctVal>0.076020829603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Long: 0BGH9HK59 CDS USD R V 03MEVENT 0BGH9HK590_PRO CDXTRANCHE / Short: 0BGH9HK59 CDS USD P F  5.00000 0BGH9HK590_FEE CDXTRANCHE</title>
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          <other otherDesc="Internal Identifier" value="0BGH9HK590"/>
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        <balance>230000.00000000</balance>
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        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-34651.94000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Morgan Stanley</counterpartyName>
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                <indexName>CDX.NA.HY.S43</indexName>
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      <invstOrSec>
        <name>RYAN SPECIALTY</name>
        <lei>549300K52N7QBO3PYY45</lei>
        <title>Ryan Specialty LLC</title>
        <cusip>78351GAA3</cusip>
        <identifiers>
          <isin value="US78351GAA31"/>
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        <balance>43000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43365.72000000</valUSD>
        <pctVal>0.009827423667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUNOCO LP/FINANCE CORP</name>
        <lei>N/A</lei>
        <title>Sunoco LP / Sunoco Finance Corp</title>
        <cusip>86765LAQ0</cusip>
        <identifiers>
          <isin value="US86765LAQ05"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>350125.76000000</valUSD>
        <pctVal>0.079344564791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SUNRISE FINANCING PARTNERSHIP</name>
        <lei>213800DXWIS9KORQ3X94</lei>
        <title>Sunrise Financing Partnership Term Loan AAA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAN9000DAK36"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>149859.00000000</valUSD>
        <pctVal>0.033960646412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.79300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GO DADDY OPCO/FINCO</name>
        <lei>N/A</lei>
        <title>Go Daddy Operating Co LLC / GD Finance Co Inc</title>
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          <isin value="US38016LAC90"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TICP CLO Ltd</name>
        <lei>N/A</lei>
        <title>TICP CLO VII Ltd</title>
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          <isin value="US87248TAQ85"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2004-13CB</title>
        <cusip>12667FKK0</cusip>
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          <isin value="US12667FKK02"/>
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        <balance>190994.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>141906.88000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IP Lending LLC</name>
        <lei>N/A</lei>
        <title>IP Lending X LTD</title>
        <cusip>44989MAA2</cusip>
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          <isin value="US44989MAA27"/>
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        <balance>320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>320000.00000000</valUSD>
        <pctVal>0.072517545505</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Bank of America NA</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BGH9GLYM8 EUR PUT USD CALL</title>
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          <other otherDesc="Internal Identifier" value="BGH9GLYM8"/>
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        <balance>641000.00000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
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        <assetCat>DFE</assetCat>
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        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                    <name>Bank of America NA</name>
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                    <title>FX Contract</title>
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                    <balance>1.00000000</balance>
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                    <curCd>USD</curCd>
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                    <assetCat>DFE</assetCat>
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            <delta>XXXX</delta>
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      <invstOrSec>
        <name>CLARIOS GLOBAL LP/US FIN</name>
        <lei>N/A</lei>
        <title>Clarios Global LP / Clarios US Finance Co</title>
        <cusip>000000000</cusip>
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          <isin value="XS3091295983"/>
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        <balance>300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84965400"/>
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        <pctVal>0.080468842824</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38379GB22</cusip>
        <identifiers>
          <isin value="US38379GB223"/>
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        <balance>857030.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100534.51000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.81800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DSLA Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>DSLA Mortgage Loan Trust 2005-AR5</title>
        <cusip>23332UFF6</cusip>
        <identifiers>
          <isin value="US23332UFF66"/>
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        <balance>84034.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43945.27000000</valUSD>
        <pctVal>0.009958759740</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.09200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>MariaDB PLC</name>
        <lei>N/A</lei>
        <title>MariaDB PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE000UJTXLQ2"/>
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        <balance>4247.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>N/A</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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                <issuerName>MariaDB PLC</issuerName>
                <issueTitle>MariaDB PLC</issueTitle>
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            <shareNo>1.00000000</shareNo>
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            <delta>XXXX</delta>
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      <invstOrSec>
        <name>Dispatch Acquisition Holdings LLC</name>
        <lei>N/A</lei>
        <title>Dispatch Acquisition Holdings LLC Term Loan B</title>
        <cusip>25471MAC2</cusip>
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          <isin value="US25471MAC29"/>
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        <balance>59452.70000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SUNRISE FINCO I BV</name>
        <lei>213800MNFBDEQRS6HZ22</lei>
        <title>Sunrise FinCo I BV</title>
        <cusip>90320BAA7</cusip>
        <identifiers>
          <isin value="US90320BAA70"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Vericrest Opportunity Loan Transferee</name>
        <lei>N/A</lei>
        <title>VOLT XCIV LLC</title>
        <cusip>92873AAB4</cusip>
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          <isin value="US92873AAB44"/>
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        <balance>739046.82000000</balance>
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        <curCd>USD</curCd>
        <valUSD>739585.88000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.94900000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>89117F8Z5</cusip>
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          <isin value="US89117F8Z56"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52345.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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        <name>STICHTING ADMINISTRATIEKANTOOR</name>
        <lei>N/A</lei>
        <title>STICHTING ADMINISTRATIEKANTOOR</title>
        <cusip>860570118</cusip>
        <identifiers>
          <isin value="US8605701189"/>
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        <balance>800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38376JKP8</cusip>
        <identifiers>
          <isin value="US38376JKP83"/>
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        <balance>100466.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9707.53000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.92400000</annualizedRt>
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      <invstOrSec>
        <name>NFM &amp; J LP</name>
        <lei>N/A</lei>
        <title>NFM &amp; J LP Delayed Draw Term Loan</title>
        <cusip>62910XAC0</cusip>
        <identifiers>
          <isin value="US62910XAC02"/>
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        <balance>48765.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48110.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.18300000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Please see notes to financial statements or N-PORT part F for a glossary of swap paid and received terms." noteItem="C.11.a"/>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-07-15</ncom:dateSigned>
      <ncom:nameOfApplicant>LITMAN GREGORY FUNDS TRUST</ncom:nameOfApplicant>
      <ncom:signature>John Coughlan</ncom:signature>
      <ncom:signerName>John Coughlan</ncom:signerName>
      <ncom:title>COO</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
