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        <name>LogMeIn, Inc.</name>
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        <name>Clydesdale Acquisition Holdings, Inc.</name>
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        <name>Encino Acquisition Partners Holdings LLC</name>
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        <name>Powdr Corp.</name>
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        <name>Standard Industries, Inc.</name>
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        <name>Occidental Petroleum Corp.</name>
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        <name>Allied Universal Holdco LLC</name>
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        <name>JELD-WEN, Inc.</name>
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        <name>Trivium Packaging Finance BV</name>
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        <name>Cheplapharm Arzneimittel GmbH</name>
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        <name>Olympus Water US Holding Corp.</name>
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        <name>CCO Holdings LLC</name>
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        <name>Sinclair Television Group, Inc.</name>
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        <name>Cablevision Lightpath LLC</name>
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        <name>Asurion LLC</name>
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      <invstOrSec>
        <name>Performance Food Group, Inc.</name>
        <lei>549300OMUOGBYK0FFO76</lei>
        <title>Performance Food Group, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>NCR Corp.</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR Corp.</title>
        <cusip>62886EAY4</cusip>
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          <isin value="US62886EAY41"/>
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        <balance>419000.00000000</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>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
        <cusip>88033GDA5</cusip>
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          <isin value="US88033GDA58"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200450.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
        <cusip>893647BB2</cusip>
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          <isin value="US893647BB29"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75491.25000000</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>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vaco Holdings LLC</name>
        <lei>N/A</lei>
        <title>Vaco Holdings LLC, Term Loan</title>
        <cusip>91865FAJ8</cusip>
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          <other otherDesc="CINS" value="91865FAJ8"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74187.53000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
        <cusip>737446AP9</cusip>
        <identifiers>
          <isin value="US737446AP91"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>479514.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enova International, Inc.</name>
        <lei>549300O8XOCQSB49UO63</lei>
        <title>Enova International, Inc.</title>
        <cusip>29357KAD5</cusip>
        <identifiers>
          <isin value="US29357KAD54"/>
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        <balance>516000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>513420.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vizient, Inc.</name>
        <lei>5493007V6T3HZ7777P70</lei>
        <title>Vizient, Inc.</title>
        <cusip>92856JAB6</cusip>
        <identifiers>
          <isin value="US92856JAB61"/>
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        <balance>187000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>192376.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQM Midstream Partners LP</name>
        <lei>549300NELT611CL6XM83</lei>
        <title>EQM Midstream Partners LP</title>
        <cusip>26885BAL4</cusip>
        <identifiers>
          <isin value="US26885BAL45"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>280500.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IRB Holding Corp.</name>
        <lei>549300HVW4WNWYBXN830</lei>
        <title>IRB Holding Corp.</title>
        <cusip>44988MAC9</cusip>
        <identifiers>
          <isin value="US44988MAC91"/>
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        <balance>629000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>656927.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cimpress plc</name>
        <lei>549300X1IFD75XISOR81</lei>
        <title>Cimpress plc</title>
        <cusip>17186HAC6</cusip>
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          <isin value="US17186HAC60"/>
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        <balance>224000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212520.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UKG, Inc.</name>
        <lei>N/A</lei>
        <title>UKG, Inc., Second Lien Term Loan</title>
        <cusip>90385KAJ0</cusip>
        <identifiers>
          <other otherDesc="CINS" value="90385KAJ0"/>
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        <balance>975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>966265.95000000</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>2027-05-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Videotron Ltd.</name>
        <lei>549300LW4GNJRBECSD81</lei>
        <title>Videotron Ltd.</title>
        <cusip>92660FAN4</cusip>
        <identifiers>
          <isin value="US92660FAN42"/>
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        <balance>212000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195040.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>HCA, Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA, Inc.</title>
        <cusip>197677AG2</cusip>
        <identifiers>
          <isin value="US197677AG24"/>
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        <balance>254000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>279400.00000000</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>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.69000000</annualizedRt>
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      <invstOrSec>
        <name>PHH Mortgage Corp.</name>
        <lei>PAOOWF3GUFM46FBSP561</lei>
        <title>PHH Mortgage Corp.</title>
        <cusip>69356NAA2</cusip>
        <identifiers>
          <isin value="US69356NAA28"/>
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        <balance>208000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195218.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>US Acute Care Solutions LLC</name>
        <lei>N/A</lei>
        <title>US Acute Care Solutions LLC</title>
        <cusip>90367UAA9</cusip>
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          <isin value="US90367UAA97"/>
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        <balance>364000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>358995.00000000</valUSD>
        <pctVal>0.158113307015</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</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>CrownRock LP</name>
        <lei>N/A</lei>
        <title>CrownRock LP</title>
        <cusip>228701AF5</cusip>
        <identifiers>
          <isin value="US228701AF51"/>
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        <balance>656000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>666856.80000000</valUSD>
        <pctVal>0.293705856498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Central Garden &amp; Pet Co.</name>
        <lei>5493004DVZLD37DJ0H83</lei>
        <title>Central Garden &amp; Pet Co.</title>
        <cusip>153527AN6</cusip>
        <identifiers>
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        <name>Alliance Data Systems Corp.</name>
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        <name>Flex Acquisition Co., Inc.</name>
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        <name>Summit Materials LLC</name>
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        <name>TransDigm UK Holdings plc</name>
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        <name>SPDR Bloomberg High Yield Bond ETF</name>
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        <name>Bausch Health Cos., Inc.</name>
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        <name>Matthews International Corp.</name>
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        <name>OneMain Finance Corp.</name>
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        <name>SRM Escrow Issuer LLC</name>
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        <name>Diamond BC BV</name>
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        <name>CCO Holdings LLC</name>
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        <name>Vista Outdoor, Inc.</name>
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        <name>Asurion LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MEG Energy Corp.</name>
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        <name>Nielsen Finance LLC</name>
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        <name>Sunoco LP</name>
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        <name>Sprint Corp.</name>
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        <title>Sprint Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Live Nation Entertainment, Inc.</name>
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        <name>Nufarm Australia Ltd.</name>
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        <name>Dycom Industries, Inc.</name>
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        <name>Clarivate Science Holdings Corp.</name>
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        <name>NortonLifeLock, Inc.</name>
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        <name>Minerals Technologies, Inc.</name>
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        <name>Ahead DB Holdings LLC</name>
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        <name>Cablevision Lightpath LLC</name>
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        <name>Picasso Finance Sub, Inc.</name>
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      <invstOrSec>
        <name>Blue Racer Midstream LLC</name>
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      <invstOrSec>
        <name>Switch Ltd.</name>
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        <title>Switch Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Triton Water Holdings, Inc.</name>
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        <name>CommScope Technologies LLC</name>
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        <name>National Mentor Holdings, Inc.</name>
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        <name>Tecta America Corp.</name>
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          <other otherDesc="Inhouse Asset ID" value="LX193757"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NCR Corp.</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR Corp.</title>
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        <name>CommScope, Inc.</name>
        <lei>549300Z6K4JXMFE8QY54</lei>
        <title>CommScope, Inc.</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Condor Merger Sub, Inc.</name>
        <lei>254900SAGUYT3MBUU161</lei>
        <title>Condor Merger Sub, Inc.</title>
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        <valUSD>361935.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>Buckeye Partners LP</name>
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        <balance>175000.00000000</balance>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>Rocket Mortgage LLC</name>
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          <annualizedRt>2.87500000</annualizedRt>
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      <invstOrSec>
        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</title>
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        <invCountry>US</invCountry>
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          <annualizedRt>6.62500000</annualizedRt>
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        <name>Zayo Group Holdings, Inc.</name>
        <lei>529900Z6OTS7RT0V0I47</lei>
        <title>Zayo Group Holdings, Inc.</title>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>Cinemark USA, Inc.</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>Cinemark USA, Inc.</title>
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        <invCountry>US</invCountry>
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          <annualizedRt>8.75000000</annualizedRt>
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        <name>HUB International Ltd.</name>
        <lei>549300JQT6ATTUNS5E06</lei>
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        <invCountry>US</invCountry>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Avient Corp.</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
        <title>Avient Corp.</title>
        <cusip>73179PAM8</cusip>
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        <balance>184000.00000000</balance>
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        <valUSD>188292.72000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

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        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Venture Global Calcasieu Pass LLC</name>
        <lei>549300GKHS6RS20NLH85</lei>
        <title>Venture Global Calcasieu Pass LLC</title>
        <cusip>92328MAA1</cusip>
        <identifiers>
          <isin value="US92328MAA18"/>
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        <balance>375000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Genesis Energy LP</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>800438.20000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Live Nation Entertainment, Inc.</name>
        <lei>5493007B9BM9ZXJINO78</lei>
        <title>Live Nation Entertainment, Inc.</title>
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          <isin value="US538034AN93"/>
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        <curCd>USD</curCd>
        <valUSD>509375.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-15</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>NFP Corp.</name>
        <lei>VO2L9FZNXDJNQNEYH039</lei>
        <title>NFP Corp.</title>
        <cusip>65342RAE0</cusip>
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          <isin value="US65342RAE09"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>571932.00000000</valUSD>
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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>4.87500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NESCO Holdings II, Inc.</name>
        <lei>254900FAHT0HW9T6L409</lei>
        <title>NESCO Holdings II, Inc.</title>
        <cusip>64083YAA9</cusip>
        <identifiers>
          <isin value="US64083YAA91"/>
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        <balance>442000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>433712.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASP Unifrax Holdings, Inc.</name>
        <lei>549300RRU6BWJLD0YT71</lei>
        <title>ASP Unifrax Holdings, Inc.</title>
        <cusip>90473LAA0</cusip>
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          <isin value="US90473LAA08"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>464970.00000000</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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          <maturityDt>2028-09-30</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Encompass Health Corp.</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>Encompass Health Corp.</title>
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          <isin value="US29261AAB61"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>767776.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>LABL, Inc.</name>
        <lei>5493004FUZN8R6Y3VB98</lei>
        <title>LABL, Inc.</title>
        <cusip>50168AAA8</cusip>
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          <isin value="US50168AAA88"/>
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        <balance>617000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>616784.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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      <invstOrSec>
        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307BD8</cusip>
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          <isin value="US126307BD80"/>
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        <balance>975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>813198.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Buckeye Partners LP</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>Buckeye Partners LP</title>
        <cusip>118230AU5</cusip>
        <identifiers>
          <isin value="US118230AU55"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238750.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Freedom Mortgage Corp.</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>Freedom Mortgage Corp.</title>
        <cusip>35640YAB3</cusip>
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          <isin value="US35640YAB39"/>
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        <balance>508000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505460.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>CD&amp;R Smokey Buyer, Inc.</name>
        <lei>N/A</lei>
        <title>CD&amp;R Smokey Buyer, Inc.</title>
        <cusip>12510CAA9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>LBM Acquisition LLC</name>
        <lei>549300FAEB3VWZL4NI86</lei>
        <title>LBM Acquisition LLC</title>
        <cusip>05552BAA4</cusip>
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          <isin value="US05552BAA44"/>
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        <balance>983000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>920736.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>CQP Holdco LP</name>
        <lei>N/A</lei>
        <title>CQP Holdco LP</title>
        <cusip>12657NAA8</cusip>
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        <balance>325000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>US Foods, Inc.</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US Foods, Inc.</title>
        <cusip>90290MAE1</cusip>
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        <name>Holly Energy Partners LP</name>
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        <title>Holly Energy Partners LP</title>
        <cusip>435765AH5</cusip>
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      <invstOrSec>
        <name>Covanta Holding Corp.</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>Covanta Holding Corp.</title>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1146132.00000000</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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          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Mozart Debt Merger Sub, Inc.</name>
        <lei>N/A</lei>
        <title>Mozart Debt Merger Sub, Inc.</title>
        <cusip>62482BAA0</cusip>
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        <balance>347000.00000000</balance>
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        <valUSD>319899.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
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          <annualizedRt>3.87500000</annualizedRt>
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        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LABL, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
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      <invstOrSec>
        <name>Iliad Holding SASU</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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      <invstOrSec>
        <name>Ziggo Bond Co. BV</name>
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          <isin value="US98954UAB98"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
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        <name>Howard Hughes Corp. (The)</name>
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          <isin value="US44267DAF42"/>
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        <name>Prestige Brands, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Crestwood Midstream Partners LP</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>134640.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>ZoomInfo Technologies LLC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>882060.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>Gray Television, Inc.</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>Gray Television, Inc.</title>
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        <curCd>USD</curCd>
        <valUSD>227372.40000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
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          <annualizedRt>5.87500000</annualizedRt>
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        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>770212.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>Vmed O2 UK Financing I plc</name>
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        <title>Vmed O2 UK Financing I plc</title>
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        <curCd>USD</curCd>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>VC GB Holdings I Corp.</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-23</maturityDt>
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        <name>Bausch Health Cos., Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos., Inc.</title>
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        <balance>262000.00000000</balance>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Scientific Games Holdings LP</name>
        <lei>N/A</lei>
        <title>Scientific Games Holdings LP</title>
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        <name>Genesis Energy LP</name>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>Royal Caribbean Cruises Ltd.</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>Royal Caribbean Cruises Ltd.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>

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      <invstOrSec>
        <name>Icahn Enterprises LP</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP</title>
        <cusip>451102BQ9</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>First Brands Group LLC</name>
        <lei>N/A</lei>
        <title>First Brands Group LLC, First Lien Term Loan</title>
        <cusip>31935HAD9</cusip>
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        <balance>397249.37000000</balance>
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        <curCd>USD</curCd>
        <valUSD>393674.13000000</valUSD>
        <pctVal>0.173387146285</pctVal>
        <payoffProfile>Long</payoffProfile>
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      <invstOrSec>
        <name>Boxer Parent Co., Inc.</name>
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      <invstOrSec>
        <name>Mauser Packaging Solutions Holding Co.</name>
        <lei>549300DNGHXL0OMHW304</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Acadia Healthcare Co., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Asteroid Private Merger Sub, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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      <invstOrSec>
        <name>Antero Midstream Partners LP</name>
        <lei>N/A</lei>
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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>2027-03-01</maturityDt>
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      <invstOrSec>
        <name>Legacy LifePoint Health LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>Nielsen Finance LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
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        <name>Hilton Domestic Operating Co., Inc.</name>
        <lei>5493003EG7H0N1E4XV50</lei>
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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>2028-05-01</maturityDt>
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        <name>Brand Energy &amp; Infrastructure Services, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Novelis Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Univar Solutions USA, Inc.</name>
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        <name>DEUTSCHE BANK SECURITIES INC.</name>
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        <name>GFL Environmental, Inc.</name>
        <lei>549300FYK4MBXWIVZU26</lei>
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        <name>Kraft Heinz Foods Co.</name>
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        <name>Primo Water Holdings, Inc.</name>
        <lei>9845008F9A5F2E1D4832</lei>
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        <name>Air Canada</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>Air Canada</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Science Applications International Corp.</name>
        <lei>549300LZPNZIXQGZPZ48</lei>
        <title>Science Applications International Corp.</title>
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      <invstOrSec>
        <name>ViaSat, Inc.</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LSF11 A5 HoldCo LLC</name>
        <lei>254900FPK7P5WNA66Y10</lei>
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        <balance>338000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
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      <invstOrSec>
        <name>DT Midstream, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US23345MAB37"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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      <invstOrSec>
        <name>1011778 BC ULC</name>
        <lei>N/A</lei>
        <title>1011778 BC ULC</title>
        <cusip>68245XAJ8</cusip>
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          <isin value="US68245XAJ81"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120301.25000000</valUSD>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>Owens-Brockway Glass Container, Inc.</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
        <title>Owens-Brockway Glass Container, Inc.</title>
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          <isin value="US69073TAT07"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-13</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>American Airlines, Inc.</name>
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        <balance>475000.00000000</balance>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-20</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ASP Unifrax Holdings, Inc.</name>
        <lei>549300RRU6BWJLD0YT71</lei>
        <title>ASP Unifrax Holdings, Inc.</title>
        <cusip>90473LAC6</cusip>
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          <isin value="US90473LAC63"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>288532.89000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Venture Global Calcasieu Pass LLC</name>
        <lei>549300GKHS6RS20NLH85</lei>
        <title>Venture Global Calcasieu Pass LLC</title>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220380.75000000</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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          <maturityDt>2031-08-15</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Sirius XM Radio, Inc.</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>Sirius XM Radio, Inc.</title>
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        <balance>475000.00000000</balance>
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        <valUSD>450062.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Switch Ltd.</name>
        <lei>5493002D70VTFFLT8L43</lei>
        <title>Switch Ltd.</title>
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        <balance>250000.00000000</balance>
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        <valUSD>245000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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        <name>Acadia Healthcare Co., Inc.</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>Acadia Healthcare Co., Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>II-VI, Inc.</name>
        <lei>549300O5C25A0MMHHU33</lei>
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        <name>Caesars Entertainment, Inc.</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment, Inc.</title>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.62500000</annualizedRt>
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        <name>WR Grace Holdings LLC</name>
        <lei>N/A</lei>
        <title>WR Grace Holdings LLC</title>
        <cusip>92943GAA9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC</title>
        <cusip>1248EPCQ4</cusip>
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          <isin value="US1248EPCQ45"/>
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        <balance>277000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Vail Resorts, Inc.</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>Vail Resorts, Inc.</title>
        <cusip>91879QAL3</cusip>
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        <balance>146000.00000000</balance>
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        <valUSD>150562.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DaVita, Inc.</name>
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        <title>DaVita, Inc.</title>
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      <invstOrSec>
        <name>NATWEST MARKETS SECURITIES INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARD Finance SA</name>
        <lei>6354006P6QPGGPVJW880</lei>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US Foods, Inc.</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US Foods, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Aethon United BR LP</name>
        <lei>N/A</lei>
        <title>Aethon United BR LP</title>
        <cusip>00810GAC8</cusip>
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          <isin value="US00810GAC87"/>
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        <curCd>USD</curCd>
        <valUSD>204880.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
        <cusip>88033GCY4</cusip>
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          <isin value="US88033GCY44"/>
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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>2026-01-01</maturityDt>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
        <cusip>88033GDG2</cusip>
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          <isin value="US88033GDG29"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>IRB Holding Corp.</name>
        <lei>549300HVW4WNWYBXN830</lei>
        <title>IRB Holding Corp.</title>
        <cusip>44988MAA3</cusip>
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          <isin value="US44988MAA36"/>
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        <balance>262000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>266585.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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      <invstOrSec>
        <name>Precision Drilling Corp.</name>
        <lei>549300WF2OE8T5BP4B84</lei>
        <title>Precision Drilling Corp.</title>
        <cusip>740212AL9</cusip>
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          <isin value="US740212AL91"/>
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        <balance>244000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248880.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
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      <invstOrSec>
        <name>Rolls-Royce plc</name>
        <lei>X57JK1U580XATGR67572</lei>
        <title>Rolls-Royce plc</title>
        <cusip>77578JAC2</cusip>
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          <isin value="US77578JAC27"/>
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        <balance>252000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>257707.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
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      <invstOrSec>
        <name>Performance Food Group, Inc.</name>
        <lei>549300OMUOGBYK0FFO76</lei>
        <title>Performance Food Group, Inc.</title>
        <cusip>69346VAA7</cusip>
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          <isin value="US69346VAA70"/>
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        <balance>800000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
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      <invstOrSec>
        <name>CommScope, Inc.</name>
        <lei>549300Z6K4JXMFE8QY54</lei>
        <title>CommScope, Inc.</title>
        <cusip>20338QAA1</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IQVIA, Inc.</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Photo Holdings Merger Sub, Inc.</name>
        <lei>N/A</lei>
        <title>Photo Holdings Merger Sub, Inc.</title>
        <cusip>719245AD4</cusip>
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        <balance>686000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>Ardagh Packaging Finance plc</name>
        <lei>N/A</lei>
        <title>Ardagh Packaging Finance plc</title>
        <cusip>03969AAN0</cusip>
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        <valUSD>384348.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Aramark Services, Inc.</name>
        <lei>42YMHYH0XMHJEXDUB065</lei>
        <title>Aramark Services, Inc.</title>
        <cusip>038522AP3</cusip>
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          <isin value="US038522AP34"/>
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        <balance>214000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NOVA Chemicals Corp.</name>
        <lei>549300ZOD6N7RI2FJP09</lei>
        <title>NOVA Chemicals Corp.</title>
        <cusip>66977WAQ2</cusip>
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          <isin value="US66977WAQ24"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>162400.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
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          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>B&amp;G Foods, Inc.</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>B&amp;G Foods, Inc.</title>
        <cusip>05508RAE6</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nexus Buyer LLC</name>
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          <other otherDesc="CINS" value="65343UAE2"/>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
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          <isin value="US893647BH98"/>
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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>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>S2P Acquisition Borrower, Inc.</name>
        <lei>N/A</lei>
        <title>S2P Acquisition Borrower, Inc., First Lien Term Loan</title>
        <cusip>78431EAB0</cusip>
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          <isin value="US78431EAB02"/>
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        <curCd>USD</curCd>
        <valUSD>272125.08000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.45743000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AmWINS Group, Inc.</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>AmWINS Group, Inc.</title>
        <cusip>031921AB5</cusip>
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          <isin value="US031921AB57"/>
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        <balance>1519000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1450645.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XHR LP</name>
        <lei>549300M88BPT83ZL2164</lei>
        <title>XHR LP</title>
        <cusip>98372MAA3</cusip>
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          <isin value="US98372MAA36"/>
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        <balance>354000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>364620.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-15</maturityDt>
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          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Delek Logistics Partners LP</name>
        <lei>N/A</lei>
        <title>Delek Logistics Partners LP</title>
        <cusip>24665FAB8</cusip>
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        <curCd>USD</curCd>
        <valUSD>635407.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>ViaSat, Inc.</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>ViaSat, Inc.</title>
        <cusip>92552VAK6</cusip>
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          <isin value="US92552VAK61"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>487500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Station Casinos LLC</name>
        <lei>5493004E7Q60TX54WL62</lei>
        <title>Station Casinos LLC</title>
        <cusip>857691AG4</cusip>
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          <isin value="US857691AG41"/>
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        <balance>667000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>631982.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>Park River Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Park River Holdings, Inc.</title>
        <cusip>70082LAB3</cusip>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351687.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Intelligent Packaging Ltd. Finco, Inc.</name>
        <lei>N/A</lei>
        <title>Intelligent Packaging Ltd. Finco, Inc.</title>
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        <curCd>USD</curCd>
        <valUSD>447790.50000000</valUSD>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>NuStar Logistics LP</name>
        <lei>N62BF2PKP51FIIOIUN20</lei>
        <title>NuStar Logistics LP</title>
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          <isin value="US67059TAG04"/>
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        <balance>218000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>Change Healthcare Holdings LLC</name>
        <lei>N/A</lei>
        <title>Change Healthcare Holdings LLC</title>
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          <maturityDt>2025-03-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Open Text Holdings, Inc.</name>
        <lei>N/A</lei>
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        <cusip>683720AC0</cusip>
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        <balance>395000.00000000</balance>
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      <invstOrSec>
        <name>Caesars Entertainment, Inc.</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment, Inc.</title>
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        <balance>125000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>United Wholesale Mortgage LLC</name>
        <lei>549300HW662MN1WU8550</lei>
        <title>United Wholesale Mortgage LLC</title>
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        <balance>350000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Greystar Real Estate Partners LLC</name>
        <lei>254900HGC806SXAS4M46</lei>
        <title>Greystar Real Estate Partners LLC</title>
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        <balance>672000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</title>
        <cusip>674599DJ1</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Acceptance Corp.</name>
        <lei>N/A</lei>
        <title>Credit Acceptance Corp.</title>
        <cusip>225310AM3</cusip>
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          <isin value="US225310AM36"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204750.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Grifols Escrow Issuer SA</name>
        <lei>959800HLB3PGTGSLVV62</lei>
        <title>Grifols Escrow Issuer SA</title>
        <cusip>39843UAA0</cusip>
        <identifiers>
          <isin value="US39843UAA07"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218359.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
        <cusip>893647BL0</cusip>
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          <isin value="US893647BL01"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>372150.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies, Inc.</title>
        <cusip>156700BB1</cusip>
        <identifiers>
          <isin value="US156700BB17"/>
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        <balance>452000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>430247.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enviva Partners LP</name>
        <lei>N/A</lei>
        <title>Enviva Partners LP</title>
        <cusip>29413XAD9</cusip>
        <identifiers>
          <isin value="US29413XAD93"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>410536.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>White Cap Buyer LLC</name>
        <lei>N/A</lei>
        <title>White Cap Buyer LLC</title>
        <cusip>96350RAA2</cusip>
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          <isin value="US96350RAA23"/>
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        <balance>391000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>369495.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rent-A-Center, Inc.</name>
        <lei>529900QUHE15UQNCCJ63</lei>
        <title>Rent-A-Center, Inc.</title>
        <cusip>76009NAL4</cusip>
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          <isin value="US76009NAL47"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>753588.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Provident Funding Associates LP</name>
        <lei>N/A</lei>
        <title>Provident Funding Associates LP</title>
        <cusip>74387UAJ0</cusip>
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          <isin value="US74387UAJ07"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>858593.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>TEGNA, Inc.</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TEGNA, Inc.</title>
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          <isin value="US87901JAF21"/>
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        <balance>500000.00000000</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>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>American Airlines, Inc.</name>
        <lei>N/A</lei>
        <title>American Airlines, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>METROPOLITAN LIFE INSURANCE COMPANY</name>
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        <title>Treasury Repurchase Agreement</title>
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        <fairValLevel>2</fairValLevel>
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        <name>AdaptHealth LLC</name>
        <lei>N/A</lei>
        <title>AdaptHealth LLC</title>
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        <invCountry>US</invCountry>
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        <name>iShares iBoxx High Yield Corporate Bond ETF</name>
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        <title>iShares iBoxx High Yield Corporate Bond ETF</title>
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      <invstOrSec>
        <name>Gray Escrow II, Inc.</name>
        <lei>N/A</lei>
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        <cusip>389286AA3</cusip>
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      <invstOrSec>
        <name>Boyd Gaming Corp.</name>
        <lei>254900787YGRYS2A1Z35</lei>
        <title>Boyd Gaming Corp.</title>
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        <name>Alliance Data Systems Corp.</name>
        <lei>549300G8S4PO686J7H97</lei>
        <title>Alliance Data Systems Corp.</title>
        <cusip>018581AL2</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
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      <invstOrSec>
        <name>GFL Environmental, Inc.</name>
        <lei>549300FYK4MBXWIVZU26</lei>
        <title>GFL Environmental, Inc.</title>
        <cusip>36168QAL8</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
        <cusip>737446AQ7</cusip>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148293.75000000</valUSD>
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        <name>Occidental Petroleum Corp.</name>
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        <name>Home Point Capital, Inc.</name>
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        <name>SS&amp;C Technologies, Inc.</name>
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        <name>Victors Merger Corp.</name>
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        <name>Ford Motor Credit Co. LLC</name>
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        <name>Sirius XM Radio, Inc.</name>
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        <name>Sound Inpatient Physicians, Inc.</name>
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        <name>Northwest Fiber LLC</name>
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        <name>LSF9 Atlantis Holdings LLC</name>
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        <name>Encompass Health Corp.</name>
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        <name>Ritchie Bros Holdings, Inc.</name>
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        <name>TEGNA, Inc.</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TEGNA, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>Mauser Packaging Solutions Holding Co.</name>
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        <name>Energizer Holdings, Inc.</name>
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        <name>Park Intermediate Holdings LLC</name>
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        <name>Ardagh Metal Packaging Finance USA LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ADT Security Corp. (The)</name>
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        <name>GFL Environmental, Inc.</name>
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        <name>Likewize Corp.</name>
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        <title>Likewize Corp.</title>
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        <name>JPMorgan Prime Money Market Fund, IM Shares</name>
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        <name>SunCoke Energy, Inc.</name>
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        <name>Wabash National Corp.</name>
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        <name>XHR LP</name>
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        <name>Curo Group Holdings Corp.</name>
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        <name>Freedom Mortgage Corp.</name>
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        <name>Spectrum Brands, Inc.</name>
        <lei>549300VU3EH2E73C1Q04</lei>
        <title>Spectrum Brands, Inc.</title>
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        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</title>
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        <name>MPH Acquisition Holdings LLC</name>
        <lei>5493002WXOPRPTXWTU06</lei>
        <title>MPH Acquisition Holdings LLC</title>
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        <name>1011778 BC ULC</name>
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        <name>Shift4 Payments LLC</name>
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        <name>Park Intermediate Holdings LLC</name>
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      <invstOrSec>
        <name>Targa Resources Partners LP</name>
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          <isin value="US87612BBJ08"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Verscend Escrow Corp.</name>
        <lei>N/A</lei>
        <title>Verscend Escrow Corp.</title>
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          <isin value="US92535WAA80"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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        <name>Windstream Escrow LLC</name>
        <lei>N/A</lei>
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          <isin value="US97382WAA18"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Level 3 Financing, Inc.</name>
        <lei>254900AE5FEFIJOXWL19</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Eco Material Technologies, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>LCM Investments Holdings II LLC</name>
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        <name>Clarios Global LP</name>
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        <name>CCO Holdings LLC</name>
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        <name>Trivium Packaging Finance BV</name>
        <lei>724500GMZWW3PVYET548</lei>
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        <name>EyeCare Partners LLC</name>
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        <name>Catalent Pharma Solutions, Inc.</name>
        <lei>549300HALRZ339MSTH85</lei>
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        <name>DT Midstream, Inc.</name>
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      <invstOrSec>
        <name>Antero Resources Corp.</name>
        <lei>APVBKPOULHUX7YZLKU17</lei>
        <title>Antero Resources Corp.</title>
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      <invstOrSec>
        <name>Outfront Media Capital LLC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
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          <isin value="US88033GDC15"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150555.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Crestwood Midstream Partners LP</name>
        <lei>N/A</lei>
        <title>Crestwood Midstream Partners LP</title>
        <cusip>226373AR9</cusip>
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          <isin value="US226373AR90"/>
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        <balance>588000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>585060.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Black Knight InfoServ LLC</name>
        <lei>549300H5PS5C68DAUX66</lei>
        <title>Black Knight InfoServ LLC</title>
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          <isin value="US092174AA96"/>
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        <balance>207000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>196279.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Sprint Capital Corp.</name>
        <lei>549300L17W0GQBR1PO80</lei>
        <title>Sprint Capital Corp.</title>
        <cusip>852060AT9</cusip>
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          <isin value="US852060AT99"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>336015.88000000</valUSD>
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        <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>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>KBR, Inc.</name>
        <lei>254900OFQDXZRKRCV808</lei>
        <title>KBR, Inc.</title>
        <cusip>48242WAC0</cusip>
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          <isin value="US48242WAC01"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>288000.00000000</valUSD>
        <pctVal>0.126844753883</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bausch Health Cos., Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos., Inc.</title>
        <cusip>071734AN7</cusip>
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          <isin value="US071734AN72"/>
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        <balance>202000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>193415.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies, Inc., Series G</title>
        <cusip>156686AM9</cusip>
        <identifiers>
          <isin value="US156686AM96"/>
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        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>373125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Weekley Homes LLC</name>
        <lei>N/A</lei>
        <title>Weekley Homes LLC</title>
        <cusip>948565AD8</cusip>
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          <isin value="US948565AD85"/>
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        <balance>242000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>222640.00000000</valUSD>
        <pctVal>0.098058041682</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>ION Trading Technologies Sarl</name>
        <lei>5493009ZVXOKZLQ6QJ12</lei>
        <title>ION Trading Technologies Sarl</title>
        <cusip>46205YAA9</cusip>
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          <isin value="US46205YAA91"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>193000.00000000</valUSD>
        <pctVal>0.085003602428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Clark Equipment Co.</name>
        <lei>549300X1FKNY520VPF71</lei>
        <title>Clark Equipment Co.</title>
        <cusip>181396AE2</cusip>
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          <isin value="US181396AE20"/>
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        <balance>281000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>283546.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Covanta Holding Corp.</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>Covanta Holding Corp.</title>
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        <balance>200000.00000000</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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        <name>TD PRIME SVCS</name>
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        <balance>2200000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Antero Midstream Partners LP</name>
        <lei>N/A</lei>
        <title>Antero Midstream Partners LP</title>
        <cusip>03690AAH9</cusip>
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          <isin value="US03690AAH95"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74625.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>Caesars Resort Collection LLC</name>
        <lei>N/A</lei>
        <title>Caesars Resort Collection LLC</title>
        <cusip>12770RAA1</cusip>
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          <isin value="US12770RAA14"/>
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        <balance>350000.00000000</balance>
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        <valUSD>357781.73000000</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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          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>ADT Security Corp. (The)</name>
        <lei>5493009JEEDYLVRA0J13</lei>
        <title>ADT Security Corp. (The)</title>
        <cusip>00101JAH9</cusip>
        <identifiers>
          <isin value="US00101JAH95"/>
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        <balance>164000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>165435.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Suburban Propane Partners LP</name>
        <lei>N/A</lei>
        <title>Suburban Propane Partners LP</title>
        <cusip>864486AL9</cusip>
        <identifiers>
          <isin value="US864486AL98"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>493500.00000000</valUSD>
        <pctVal>0.217353770977</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cinemark USA, Inc.</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>Cinemark USA, Inc.</title>
        <cusip>172441BF3</cusip>
        <identifiers>
          <isin value="US172441BF30"/>
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        <name>United Airlines, Inc.</name>
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      <invstOrSec>
        <name>CPC Acquisition Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-29</maturityDt>
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        <name>Ford Motor Credit Co. LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Park Intermediate Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Antero Midstream Partners LP</name>
        <lei>N/A</lei>
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          <isin value="US03690AAF30"/>
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      <invstOrSec>
        <name>Gray Television, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Callon Petroleum Co.</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>RP Escrow Issuer LLC</name>
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        <name>Wyndham Hotels &amp; Resorts, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oxford Finance LLC</name>
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        <name>LABL, Inc.</name>
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        <name>Constellium SE</name>
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        <title>Constellium SE</title>
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        <invCountry>FR</invCountry>

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        <name>Asbury Automotive Group, Inc.</name>
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        <name>Hilcorp Energy I LP</name>
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        <name>AssuredPartners, Inc.</name>
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        <title>AssuredPartners, Inc.</title>
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        <name>Blue Racer Midstream LLC</name>
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        <name>Zayo Group Holdings, Inc.</name>
        <lei>529900Z6OTS7RT0V0I47</lei>
        <title>Zayo Group Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Speedway Motorsports LLC</name>
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      <invstOrSec>
        <name>Outfront Media Capital LLC</name>
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      <invstOrSec>
        <name>HealthEquity, Inc.</name>
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        <name>Camelot Finance SA</name>
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        <name>iShares Broad USD High Yield Corporate Bond ETF</name>
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        <name>PROG Holdings, Inc.</name>
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        <name>Comstock Resources, Inc.</name>
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        <name>Ascend Learning LLC</name>
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        <name>Lumen Technologies, Inc.</name>
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        <name>Hawaiian Brand Intellectual Property Ltd.</name>
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        <name>SRS Distribution, Inc.</name>
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        <name>Rockies Express Pipeline LLC</name>
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        <name>Performance Food Group, Inc.</name>
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        <name>Kaiser Aluminum Corp.</name>
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        <name>Specialty Building Products Holdings LLC</name>
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        <name>Illuminate Buyer LLC</name>
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        <name>G-III Apparel Group Ltd.</name>
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        <name>Bausch Health Americas, Inc.</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
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      <invstOrSec>
        <name>Alliant Holdings Intermediate LLC</name>
        <lei>N/A</lei>
        <title>Alliant Holdings Intermediate LLC</title>
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          <isin value="US01883LAB99"/>
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        <curCd>USD</curCd>
        <valUSD>816680.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Solaris Midstream Holdings LLC</name>
        <lei>5493007AWQW8ZKCHVV46</lei>
        <title>Solaris Midstream Holdings LLC</title>
        <cusip>83419MAA0</cusip>
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          <isin value="US83419MAA09"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>484349.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>7.62500000</annualizedRt>
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      <invstOrSec>
        <name>Watco Cos. LLC</name>
        <lei>N/A</lei>
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          <isin value="US941130AB21"/>
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        <curCd>USD</curCd>
        <valUSD>1037535.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Southwestern Energy Co.</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
        <title>Southwestern Energy Co.</title>
        <cusip>845467AN9</cusip>
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          <isin value="US845467AN98"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258548.50000000</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>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Freedom Mortgage Corp.</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>Freedom Mortgage Corp.</title>
        <cusip>35640YAF4</cusip>
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          <isin value="US35640YAF43"/>
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        <balance>76000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72580.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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      <invstOrSec>
        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307AY3</cusip>
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          <isin value="US126307AY37"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>441000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
        <lei>N/A</lei>
        <title>Allied Universal Holdco LLC</title>
        <cusip>019576AA5</cusip>
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          <isin value="US019576AA51"/>
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        <balance>732000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>738917.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Diebold Nixdorf, Inc.</name>
        <lei>549300XZK6EWDBAZSY16</lei>
        <title>Diebold Nixdorf, Inc.</title>
        <cusip>253657AA8</cusip>
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          <isin value="US253657AA82"/>
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        <balance>104000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105560.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
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          <annualizedRt>9.37500000</annualizedRt>
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      <invstOrSec>
        <name>Rocket Software, Inc.</name>
        <lei>549300PVG26ISP5X1556</lei>
        <title>Rocket Software, Inc.</title>
        <cusip>77314EAA6</cusip>
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          <isin value="US77314EAA64"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525625.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Vmed O2 UK Financing I plc</name>
        <lei>213800MRR46ECNGZ7L69</lei>
        <title>Vmed O2 UK Financing I plc</title>
        <cusip>92858RAB6</cusip>
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        <balance>651000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>610312.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>Virgin Media Vendor Financing Notes IV DAC</name>
        <lei>635400ZZNJSEA4CAJR23</lei>
        <title>Virgin Media Vendor Financing Notes IV DAC</title>
        <cusip>92770QAA5</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Endeavor Energy Resources LP</name>
        <lei>N/A</lei>
        <title>Endeavor Energy Resources LP</title>
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        <balance>65000.00000000</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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          <maturityDt>2025-07-15</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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        <name>Southern Veterinary Partners LLC</name>
        <lei>549300DT78GYJYRK0R74</lei>
        <title>Southern Veterinary Partners LLC, Second Lien Term Loan</title>
        <cusip>84410HAF7</cusip>
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        <balance>375000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Mattel, Inc.</name>
        <lei>549300VELLG24KHTJ564</lei>
        <title>Mattel, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TFDXX LEX BLACKROCK FED FUND</name>
        <lei>549300T8K043VZEOVK74</lei>
        <title>BLACKROCK LIQUIDITY FEDFUND OPEN-END FUND USD</title>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <name>Arconic Corp.</name>
        <lei>549300B4YFWH3U74B152</lei>
        <title>Arconic Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kraft Heinz Foods Co.</name>
        <lei>5493003STKEZ2S0RNU91</lei>
        <title>Kraft Heinz Foods Co.</title>
        <cusip>50076QAR7</cusip>
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        <balance>296000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VICI Properties LP</name>
        <lei>N/A</lei>
        <title>VICI Properties LP</title>
        <cusip>92564RAD7</cusip>
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        <balance>250000.00000000</balance>
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        <valUSD>243437.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Spectrum Brands, Inc.</name>
        <lei>549300VU3EH2E73C1Q04</lei>
        <title>Spectrum Brands, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>ASGN, Inc.</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>ASGN, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>ZipRecruiter, Inc.</name>
        <lei>549300HLOVNNFCY2IV80</lei>
        <title>ZipRecruiter, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Colgate Energy Partners III LLC</name>
        <lei>549300QRLZK0B17DH791</lei>
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          <isin value="US19416MAB54"/>
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        <balance>1588000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Garda World Security Corp.</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>Garda World Security Corp.</title>
        <cusip>36485MAL3</cusip>
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          <isin value="US36485MAL37"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>279303.80000000</valUSD>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Southwestern Energy Co.</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
        <title>Southwestern Energy Co.</title>
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          <isin value="US845467AT68"/>
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        <balance>251000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250372.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>GEMS MENASA Cayman Ltd.</name>
        <lei>N/A</lei>
        <title>GEMS MENASA Cayman Ltd.</title>
        <cusip>36166LAA5</cusip>
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          <isin value="US36166LAA52"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200037.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Golden Entertainment, Inc.</name>
        <lei>549300P8YYCKQVJ0Y638</lei>
        <title>Golden Entertainment, Inc.</title>
        <cusip>381013AA9</cusip>
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          <isin value="US381013AA98"/>
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        <balance>417000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>434201.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
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          <annualizedRt>7.62500000</annualizedRt>
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      <invstOrSec>
        <name>Simmons Foods, Inc.</name>
        <lei>N/A</lei>
        <title>Simmons Foods, Inc.</title>
        <cusip>82873MAA1</cusip>
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        <valUSD>438750.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Pike Corp.</name>
        <lei>549300P4EKEP6HK0NC58</lei>
        <title>Pike Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Outfront Media Capital LLC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-15</maturityDt>
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      <invstOrSec>
        <name>OneMain Finance Corp.</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OneMain Finance Corp.</title>
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        <balance>650000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Rockcliff Energy II LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
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        <name>ACI Worldwide, Inc.</name>
        <lei>5493003BPVMZUJ6F5C02</lei>
        <title>ACI Worldwide, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Stagwell Global LLC</name>
        <lei>N/A</lei>
        <title>Stagwell Global LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Virgin Media Finance plc</name>
        <lei>2138001LVYC87DDHT482</lei>
        <title>Virgin Media Finance plc</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Graham Packaging Co., Inc.</name>
        <lei>N/A</lei>
        <title>Graham Packaging Co., Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
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          <annualizedRt>7.12500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Station Casinos LLC</name>
        <lei>5493004E7Q60TX54WL62</lei>
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        <name>Dun &amp; Bradstreet Corp. (The)</name>
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        <name>Occidental Petroleum Corp.</name>
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        <name>Caesars Entertainment, Inc.</name>
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        <name>AssuredPartners, Inc.</name>
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        <name>SRS Distribution, Inc.</name>
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        <name>Cushman &amp; Wakefield US Borrower LLC</name>
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        <name>CP Atlas Buyer, Inc.</name>
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        <name>Lumen Technologies, Inc.</name>
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        <name>Sprint Corp.</name>
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        <name>Ascent Resources Utica Holdings LLC</name>
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        <name>VistaJet Malta Finance plc</name>
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        <name>Madison IAQ LLC</name>
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        <name>Radiology Partners, Inc.</name>
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        <name>NFP Corp.</name>
        <lei>VO2L9FZNXDJNQNEYH039</lei>
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        <name>ACCO Brands Corp.</name>
        <lei>JCT8P4Y190IH4I1NX328</lei>
        <title>ACCO Brands Corp.</title>
        <cusip>00081TAK4</cusip>
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      <invstOrSec>
        <name>Unisys Corp.</name>
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        <name>WESCO Distribution, Inc.</name>
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        <name>Helios Software Holdings, Inc.</name>
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        <name>Yum! Brands, Inc.</name>
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        <name>Acrisure LLC</name>
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        <name>Garda World Security Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
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        <name>Rockies Express Pipeline LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
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        <name>First Brands Group LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Playtika Holding Corp.</name>
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        <name>Herbalife Nutrition Ltd.</name>
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        <name>CrownRock LP</name>
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        <name>MajorDrive Holdings IV LLC</name>
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        <name>Western Midstream Operating LP</name>
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        <name>Rocket Mortgage LLC</name>
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        <name>Minerva Merger Sub, Inc.</name>
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        <name>CSC Holdings LLC</name>
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      <invstOrSec>
        <name>Getty Images, Inc.</name>
        <lei>5493005NV20IG4VEKZ40</lei>
        <title>Getty Images, Inc.</title>
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        <name>VZ Secured Financing BV</name>
        <lei>549300MG611MYCOWY949</lei>
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        <name>New Enterprise Stone &amp; Lime Co., Inc.</name>
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        <name>Welbilt, Inc.</name>
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        <name>Alliant Holdings Intermediate LLC</name>
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        <name>DISH DBS Corp.</name>
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        <name>Crown Americas LLC</name>
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        <name>CCO Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Applied Systems, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-19</maturityDt>
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        <name>PBF Logistics LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Level 3 Financing, Inc.</name>
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        <name>Mozart Debt Merger Sub, Inc.</name>
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        <name>New Fortress Energy, Inc.</name>
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        <name>Everi Holdings, Inc.</name>
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        <name>American Airlines, Inc.</name>
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        <name>MEG Energy Corp.</name>
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        <name>Live Nation Entertainment, Inc.</name>
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        <name>Constellium SE</name>
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        <name>Level 3 Financing, Inc.</name>
        <lei>254900AE5FEFIJOXWL19</lei>
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      <invstOrSec>
        <name>Churchill Downs, Inc.</name>
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        <name>Organon &amp; Co.</name>
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        <name>1011778 BC ULC</name>
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        <invCountry>CA</invCountry>
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        <name>CDI Escrow Issuer, Inc.</name>
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        <name>Buckeye Partners LP</name>
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          <maturityDt>2044-10-15</maturityDt>
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        <name>United Natural Foods, Inc.</name>
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        <name>Hilcorp Energy I LP</name>
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        <name>Aramark Services, Inc.</name>
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        <name>OneMain Finance Corp.</name>
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        <name>Allied Universal Holdco LLC</name>
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        <name>Olympus Water US Holding Corp.</name>
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        <name>Life Time, Inc.</name>
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        <name>Carnival Corp.</name>
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        <name>Acrisure LLC</name>
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        <name>Ford Motor Credit Co. LLC</name>
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        <name>Summit Midstream Holdings LLC</name>
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        <debtSec>
          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</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>Crescent Energy Finance LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>Crescent Energy Finance LLC</title>
        <cusip>45344LAA1</cusip>
        <identifiers>
          <isin value="US45344LAA17"/>
        </identifiers>
        <balance>376000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>373180.00000000</valUSD>
        <pctVal>0.164360851577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</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>Western Midstream Operating LP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>Western Midstream Operating LP</title>
        <cusip>958254AJ3</cusip>
        <identifiers>
          <isin value="US958254AJ35"/>
        </identifiers>
        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>443250.00000000</valUSD>
        <pctVal>0.195222004023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-05-02</ncom:dateSigned>
      <ncom:nameOfApplicant>EQ Advisors Trust</ncom:nameOfApplicant>
      <ncom:signature>Brian Walsh</ncom:signature>
      <ncom:signerName>Brian Walsh</ncom:signerName>
      <ncom:title>Chief Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
