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        <name>THOPAS RE 2018 0% 12/31/21</name>
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        <name>GLOBAL PART/GLP FI 7% 08/01/27</name>
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        <name>INEOS QUATT 2.5% 01/15/26/EUR/</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>US TREAS NTS V/R 10/31/21</name>
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      <invstOrSec>
        <name>ALTICE FRANCE  5.125% 01/15/29</name>
        <lei>N/A</lei>
        <title>ALTICE FRANCE SA REGD 144A P/P 5.12500000</title>
        <cusip>02156LAE1</cusip>
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          <isin value="US02156LAE11"/>
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        <name>ARTEX SAC LTD 0.0% 12/31/22</name>
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        <name>CARGO AIRCRAFT  4.75% 02/01/28</name>
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          <isin value="US14180LAA44"/>
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      <invstOrSec>
        <name>IRON MOUNTAIN  4.875% 09/15/27</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
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        <cusip>46284VAC5</cusip>
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          <isin value="US46284VAC54"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENLINK MIDSTREA 4.15% 06/01/25</name>
        <lei>N/A</lei>
        <title>ENLINK MIDSTREAM PARTNER REGD 4.15000000</title>
        <cusip>29336UAE7</cusip>
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          <isin value="US29336UAE73"/>
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        <balance>1375000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>GREIF INC 6.5% 03/01/27</name>
        <lei>54930070FVGKR0Z1FI24</lei>
        <title>GREIF INC REGD 144A P/P 6.50000000</title>
        <cusip>397624AH0</cusip>
        <identifiers>
          <isin value="US397624AH07"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>CAELUS RE V LTD V/R 06/05/20</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>3</fairValLevel>
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        <name>PRIME SECSRVC B 6.25% 01/15/28</name>
        <lei>N/A</lei>
        <title>PRIME SECSRVC BRW/FINANC REGD 144A P/P 6.25000000</title>
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          <isin value="US74166MAE66"/>
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        <fairValLevel>2</fairValLevel>
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        <name>OPTION CARE HEALTH INC WT EXP 6/30/25</name>
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          <isin value="US68404L1281"/>
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        <name>VIRIBUS RE 2018 0% 12/31/21</name>
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        <name>BAUSCH HEALTH COS  5% 01/30/28</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
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        <name>AIR CANADA 4% 07/01/25</name>
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              <title>AIR CANADA</title>
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      <invstOrSec>
        <name>NCL CORPORATIO 5.875% 03/15/26</name>
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          <isin value="US62886HBA86"/>
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        <name>GMSL 2004-A B1 5.25% 11/25/32</name>
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        <name>ALLIED UNIVERSA 9.75% 07/15/27</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>MEG ENERGY COR 5.875% 02/01/29</name>
        <lei>5493002WXPTG5ZC1T326</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BEAZER HOMES US 7.25% 10/15/29</name>
        <lei>549300DUPYT2T0F60I45</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED NATURAL  6.75% 10/15/28</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WESCO DISTRIBU 7.125% 06/15/25</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QVC INC 4.375% 09/01/28</name>
        <lei>N/A</lei>
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          <isin value="US747262AZ65"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NRG ENERGY INC 3.625% 02/15/31</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMERICAN AXLE &amp; 6.25% 03/15/26</name>
        <lei>N/A</lei>
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        <cusip>02406PAY6</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARTEX SAC LIMITED V/R 01/31/22</name>
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        <invCountry>BM</invCountry>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SUMMIT MATERIALS 6.5% 03/15/27</name>
        <lei>N/A</lei>
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        <cusip>86614RAM9</cusip>
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        <curCd>USD</curCd>
        <valUSD>3078490.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ASBURY AUTOMOTIV 4.5% 03/01/28</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ASBURY AUTOMOTIVE GROUP REGD SER WI 4.50000000</title>
        <cusip>043436AU8</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ROYAL CARIBBEAN 4.25% 06/15/23</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>ROYAL CARIBBEAN CRUISES REGD 144A P/P CONVERTIBLE 4.25000000</title>
        <cusip>780153BA9</cusip>
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          <isin value="US780153BA90"/>
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        <balance>915000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MEG ENERGY COR 7.125% 02/01/27</name>
        <lei>5493002WXPTG5ZC1T326</lei>
        <title>MEG ENERGY CORP REGD 144A P/P 7.12500000</title>
        <cusip>552704AE8</cusip>
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          <isin value="US552704AE86"/>
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        <name>T/L ALLIANCE HEAL 0% 10/24/23</name>
        <lei>N/A</lei>
        <title>T/L ALLIANCE HEALTHCARE  SERVICES INC REGD 0.00000000</title>
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        <name>NCL FINANCE LT 6.125% 03/15/28</name>
        <lei>N/A</lei>
        <title>NCL FINANCE LTD REGD 144A P/P 6.12500000</title>
        <cusip>62888HAA7</cusip>
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          <isin value="US62888HAA77"/>
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        <valUSD>616192.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALTICE FRANCE HOLD 6% 02/15/28</name>
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          <isin value="US02156TAA25"/>
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        <valUSD>4476551.61000000</valUSD>
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        <name>US ACUTE CARE  6.375% 03/01/26</name>
        <lei>N/A</lei>
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          <isin value="US90367UAA97"/>
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        <valUSD>720360.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NSG HOLDINGS 7.75% 12/15/25</name>
        <lei>N/A</lei>
        <title>NSG HOLDINGS 7.75% 12/15/25 7.75000000</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CARNIVAL  7.625% 03/01/26/EUR/</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
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      <invstOrSec>
        <name>ARTEX SAC LTD DAR V/R 01/31/22</name>
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      <invstOrSec>
        <name>EDEN RE II LTD ZCP 03/22/22</name>
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      <invstOrSec>
        <name>BEACON ROOFING 4.875% 11/01/25</name>
        <lei>549300HDXQWWCBOYXP31</lei>
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        <cusip>073685AD1</cusip>
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          <isin value="US073685AD12"/>
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      <invstOrSec>
        <name>LCM INVESTMENT 4.875% 05/01/29</name>
        <lei>549300P5V78NNQTG4428</lei>
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        <cusip>50190EAA2</cusip>
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          <isin value="US50190EAA29"/>
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      <invstOrSec>
        <name>EDEN RE II LTD ZCP 03/22/22</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US27954GAB95"/>
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      <invstOrSec>
        <name>ALCOA NEDERLAN 4.125% 03/31/29</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US013822AG68"/>
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        <valUSD>1353156.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AVATION CAPITAL 8.25% 10/31/26</name>
        <lei>N/A</lei>
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          <isin value="US05351CAA53"/>
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        <curCd>USD</curCd>
        <valUSD>2632500.00000000</valUSD>
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        <invCountry>LU</invCountry>

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      <invstOrSec>
        <name>QVC INC 4.75% 02/15/27</name>
        <lei>N/A</lei>
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          <isin value="US747262AY90"/>
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        <valUSD>1260725.00000000</valUSD>
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      <invstOrSec>
        <name>CROWN CORK &amp; S 7.375% 12/15/26</name>
        <lei>N/A</lei>
        <title>CROWN CORK &amp; SEAL CO INC REGD 7.37500000</title>
        <cusip>228255AH8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>TRIMAS CORP 4.125% 04/15/29</name>
        <lei>75G1WUQ8QK4P5MZOYD78</lei>
        <title>TRIMAS CORP REGD 144A P/P 4.12500000</title>
        <cusip>896215AH3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>MACQUARIE INFRASTR 2% 10/01/23</name>
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        <title>MACQUARIE INFRASTRUCTURE REGD CONVERTIBLE 2.00000000</title>
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        <name>ARTEX SAC LIMITED MERION RE</name>
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        <name>HILLENBRAND INC 3.75% 03/01/31</name>
        <lei>U246OE781574J2BUD366</lei>
        <title>HILLENBRAND INC REGD 3.75000000</title>
        <cusip>431571AE8</cusip>
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          <isin value="US431571AE83"/>
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        <balance>1095000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1085418.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CONTURA ENERGY WT EX 7/25/23</name>
        <lei>N/A</lei>
        <title>CONTURA ENERGY INC WARRANTS EXP 7/25/23 0.00000000</title>
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        <curCd>USD</curCd>
        <valUSD>2445.26000000</valUSD>
        <pctVal>0.000368273231</pctVal>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
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              <counterpartyName>CONTURA ENERGY INC</counterpartyName>
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            <putOrCall>Call</putOrCall>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
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      <invstOrSec>
        <name>BUILDERS FIRSTS 6.75% 06/01/27</name>
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        <cusip>12008RAM9</cusip>
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          <isin value="US12008RAM97"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>T/L GRUPO AEROMEXIC 0% 8/19/22</name>
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        <cusip>N/A</cusip>
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          <other otherDesc="LOANX" value="LX189588"/>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-19</maturityDt>
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      <invstOrSec>
        <name>LAMAR MEDIA CO 3.625% 01/15/31</name>
        <lei>N/A</lei>
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        <cusip>513075BX8</cusip>
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          <isin value="US513075BX85"/>
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        <balance>990000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HARAMBEE 2018 0.00% 12/31/21</name>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="BNR3M5Y01"/>
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        <curCd>USD</curCd>
        <valUSD>4900.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>ENTEGRIS INC 3.625% 05/01/29</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
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        <cusip>29362UAD6</cusip>
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          <isin value="US29362UAD63"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WATCO COS LLC/FI 6.5% 06/15/27</name>
        <lei>N/A</lei>
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        <cusip>941130AB2</cusip>
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          <isin value="US941130AB21"/>
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        <curCd>USD</curCd>
        <valUSD>2343000.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>SUMMIT HOTEL PRO 1.5% 02/15/26</name>
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        <cusip>866082AA8</cusip>
        <identifiers>
          <isin value="US866082AA86"/>
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        <balance>752000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>814416.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <dbtSecRefInstrument>
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              <title>SUMMIT HOTEL PROPERTIES INC</title>
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      <invstOrSec>
        <name>MDC PARTNERS INC S/UP 05/01/24</name>
        <lei>529900SR4J92B5C43M74</lei>
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        <cusip>552697AQ7</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CELESTIAL-SATURN 4.5% 05/01/28</name>
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        <cusip>15103MAA3</cusip>
        <identifiers>
          <isin value="US15103MAA36"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SCIENTIFIC GAMES I 7% 05/15/28</name>
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        <cusip>80874YBC3</cusip>
        <identifiers>
          <isin value="US80874YBC30"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TEVA PHARMACEUTI 2.8% 07/21/23</name>
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          <isin value="US88167AAD37"/>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIGO NATURAL 5.375% 02/01/29</name>
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      <invstOrSec>
        <name>PRIME SECSRVC B 5.75% 04/15/26</name>
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      <invstOrSec>
        <name>IAMGOLD CORP 5.75% 10/15/28</name>
        <lei>254900E7II30XAB9LA72</lei>
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        <cusip>450913AF5</cusip>
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          <isin value="US450913AF55"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OAKMONT 2017 0% 04/30/21</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="CLIENT ID" value="BNR36VPS1"/>
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        <valUSD>14700.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>COVANTA HOLDING CO 5% 09/01/30</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>COVANTA HOLDING CORP REGD 5.00000000</title>
        <cusip>22282EAJ1</cusip>
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          <isin value="US22282EAJ10"/>
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        <balance>330000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338662.50000000</valUSD>
        <pctVal>0.051004937447</pctVal>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENLINK MIDSTREA 5.05% 04/01/45</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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          <isin value="US68622TAA97"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EVERBRIDGE INC ZCP 03/15/26</name>
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          <isin value="US29978AAD63"/>
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        <fairValLevel>2</fairValLevel>
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            <dbtSecRefInstrument>
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        <name>ISTAR INC 4.75% 10/01/24</name>
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        <name>LORENZ RE 2018 0.0% 07/01/21</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TEMPUR SEALY INTL  4% 04/15/29</name>
        <lei>549300HFEKVR3US71V91</lei>
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          <isin value="US88023UAH41"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US36485MAK53"/>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEPTUNE ENERGY 6.625% 05/15/25</name>
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      <invstOrSec>
        <name>CSC HOLDINGS L 5.375% 02/01/28</name>
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        <name>T/L FIRST BRANDS 0% 03/24/27</name>
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        <name>ARTEX SAC LTD V/R 12/31/22</name>
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        <name>N/A</name>
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        <name>KOPPERS INC 6% 02/15/25</name>
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        <name>T/L SPECTACLE 0% 12/23/25</name>
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          <other otherDesc="LOANX" value="LX183155"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRINK'S CO/THE 5.5% 07/15/25</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINK'S CO/THE REGD 144A P/P 5.50000000</title>
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        <name>ENDO DAC/FIN LLC/F 6% 06/30/28</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>823840.00000000</valUSD>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>POWERTEAM SERV 9.033% 12/04/25</name>
        <lei>N/A</lei>
        <title>POWERTEAM SERVICES LLC REGD 144A P/P 9.03300000</title>
        <cusip>73939VAA2</cusip>
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          <isin value="US73939VAA26"/>
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        <balance>5175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5737781.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CAELUS RE V LTD V/R 06/07/21</name>
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        <identifiers>
          <isin value="US12765KAG04"/>
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        <curCd>USD</curCd>
        <valUSD>45.00000000</valUSD>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INTERNATIONAL  4.125% 04/15/26</name>
        <lei>N/A</lei>
        <title>INTERNATIONAL GAME TECH REGD 144A P/P 4.12500000</title>
        <cusip>460599AF0</cusip>
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          <isin value="US460599AF06"/>
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        <balance>860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>886152.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NUSTAR LOGISTI 6.375% 10/01/30</name>
        <lei>N/A</lei>
        <title>NUSTAR LOGISTICS LP REGD 6.37500000</title>
        <cusip>67059TAH8</cusip>
        <identifiers>
          <isin value="US67059TAH86"/>
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        <balance>1985000.00000000</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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      <invstOrSec>
        <name>EXTERRAN NRG S 8.125% 05/01/25</name>
        <lei>N/A</lei>
        <title>EXTERRAN NRG SOLUTIONS/F REGD SER WI 8.12500000</title>
        <cusip>30227KAE9</cusip>
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          <isin value="US30227KAE91"/>
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        <curCd>USD</curCd>
        <valUSD>1303200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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      <invstOrSec>
        <name>RESILIENCE RE LTD ZCP 04/06/21</name>
        <lei>N/A</lei>
        <title>RESILIENCE RE LTD REGD ZCP 144A P/P 0.00000000</title>
        <cusip>G7527LAE5</cusip>
        <identifiers>
          <isin value="BMG7527LAE58"/>
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        <balance>800000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>80.00000000</valUSD>
        <pctVal>0.000012048558</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>GFL ENVIRONMENTAL  4% 08/01/28</name>
        <lei>549300FYK4MBXWIVZU26</lei>
        <title>GFL ENVIRONMENTAL INC REGD 144A P/P 4.00000000</title>
        <cusip>36168QAL8</cusip>
        <identifiers>
          <isin value="US36168QAL86"/>
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        <balance>875000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>837322.50000000</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>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PATRICK INDUSTR 4.75% 05/01/29</name>
        <lei>549300FZ5ZTCCJ3Z5W14</lei>
        <title>PATRICK INDUSTRIES INC REGD 144A P/P 4.75000000</title>
        <cusip>703343AD5</cusip>
        <identifiers>
          <isin value="US703343AD59"/>
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        <balance>585000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>586638.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>SIMMONS FOOD I 4.625% 03/01/29</name>
        <lei>N/A</lei>
        <title>SIMMONS FOOD INC/SIMMONS REGD 144A P/P 4.62500000</title>
        <cusip>82873MAA1</cusip>
        <identifiers>
          <isin value="US82873MAA18"/>
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        <balance>4032000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4063086.72000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>TRICIDA INC 3.5% 05/15/27</name>
        <lei>549300QVPFFJC8SZXG25</lei>
        <title>TRICIDA INC REGD 144A P/P CONVERTIBLE 3.50000000</title>
        <cusip>89610FAA9</cusip>
        <identifiers>
          <isin value="US89610FAA93"/>
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        <balance>2122000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>822011.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <title>TRICIDA INC</title>
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        <name>GENESIS ENERGY LP/ 8% 01/15/27</name>
        <lei>N/A</lei>
        <title>GENESIS ENERGY LP/FIN REGD 8.00000000</title>
        <cusip>37185LAM4</cusip>
        <identifiers>
          <isin value="US37185LAM46"/>
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        <balance>1295000.00000000</balance>
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        <valUSD>1334134.90000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LIMESTONE RE LTD ZCP 08/31/21</name>
        <lei>5493004PN8HGYC184A27</lei>
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        <cusip>G5488XAA8</cusip>
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          <isin value="XS1537567759"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>CARNIVAL CORP 7.625% 03/01/26</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
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        <cusip>143658BL5</cusip>
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          <isin value="US143658BL56"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>399675.00000000</valUSD>
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      <invstOrSec>
        <name>CENTRAL GARDEN 4.125% 04/30/31</name>
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        <cusip>153527AP1</cusip>
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        <balance>870000.00000000</balance>
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        <valUSD>865650.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAUSCH HEALTH AM 8.5% 01/31/27</name>
        <lei>N/A</lei>
        <title>BAUSCH HEALTH AMERICAS REGD P/P 8.50000000</title>
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          <isin value="US91911XAW48"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CCO HLDGS LLC/ 5.125% 05/01/27</name>
        <lei>N/A</lei>
        <title>CCO HLDGS LLC/CAP CORP REGD 144A P/P 5.12500000</title>
        <cusip>1248EPBT9</cusip>
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          <isin value="US1248EPBT92"/>
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        <balance>2869000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INSMED INC 1.75% 01/15/25</name>
        <lei>529900Q55QAG41CCAC11</lei>
        <title>INSMED INC REGD CONVERTIBLE 1.75000000</title>
        <cusip>457669AA7</cusip>
        <identifiers>
          <isin value="US457669AA77"/>
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        <balance>1714000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1911110.00000000</valUSD>
        <pctVal>0.287826511660</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>INSMED INC</name>
              <title>INSMED INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="457669307"/>
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            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="26.00000000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SPIRIT AIRLINES IN 1% 05/15/26</name>
        <lei>549300DCAFIXFNFR3304</lei>
        <title>SPIRIT AIRLINES INC REGD CONVERTIBLE 1.00000000</title>
        <cusip>848577AB8</cusip>
        <identifiers>
          <isin value="US848577AB85"/>
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        <balance>2498000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2563326.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>SPIRIT AIRLINES INC</name>
              <title>SPIRIT AIRLINES INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="N/A"/>
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            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="20.00000000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>OUTFRONT MEDIA  4.25% 01/15/29</name>
        <lei>N/A</lei>
        <title>OUTFRONT MEDIA CAP LLC/C REGD 144A P/P 4.25000000</title>
        <cusip>69007TAE4</cusip>
        <identifiers>
          <isin value="US69007TAE47"/>
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        <balance>1080000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1072990.80000000</valUSD>
        <pctVal>0.161599907387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BLOOMIN' BRAND 5.125% 04/15/29</name>
        <lei>N/A</lei>
        <title>BLOOMIN' BRANDS INC/OSI REGD 144A P/P 5.12500000</title>
        <cusip>094234AA9</cusip>
        <identifiers>
          <isin value="US094234AA90"/>
        </identifiers>
        <balance>650000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>662382.50000000</valUSD>
        <pctVal>0.099759430048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARTEX SAC LIMITED V/R 02/28/22</name>
        <lei>N/A</lei>
        <title>ARTEX SAC LIMITED GLOUCESTER  /BNR3N2GR8/ 0.00000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="BNR3N2GR8"/>
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        <balance>584814.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>102927.26000000</valUSD>
        <pctVal>0.015501564117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T/L ENTERPRISE 0% 02/19/28</name>
        <lei>N/A</lei>
        <title>T/L ENTERPRISE DEVELOPMENT     AUTHORITY REGD 0.00000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LOANX" value="LX192685"/>
        </identifiers>
        <balance>4410000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4426537.50000000</valUSD>
        <pctVal>0.666667458889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CENOVUS ENERGY  6.75% 11/15/39</name>
        <lei>549300EIRQ0Z2B9C1W06</lei>
        <title>CENOVUS ENERGY INC REGD 6.75000000</title>
        <cusip>15135UAF6</cusip>
        <identifiers>
          <isin value="US15135UAF66"/>
        </identifiers>
        <balance>2626000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3323037.61000000</valUSD>
        <pctVal>0.500472669496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>DCP MIDSTREAM OP 5.6% 04/01/44</name>
        <lei>N/A</lei>
        <title>DCP MIDSTREAM OPERATING REGD 5.60000000</title>
        <cusip>23311VAF4</cusip>
        <identifiers>
          <isin value="US23311VAF40"/>
        </identifiers>
        <balance>3400000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3487397.00000000</valUSD>
        <pctVal>0.525226341385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALTURAS RE 2019-2 0% 3/10/22</name>
        <lei>N/A</lei>
        <title>ALTURAS RE 2019-2 ZCP REGD 0.00000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1917775063"/>
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        <balance>8504.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22585.77000000</valUSD>
        <pctVal>0.003401574682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGY TRANSFER LP V/R /PERP/</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP REGD V/R /PERP/ SER G 7.12500000</title>
        <cusip>29273VAM2</cusip>
        <identifiers>
          <isin value="US29273VAM28"/>
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        <balance>3520000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3590400.00000000</valUSD>
        <pctVal>0.540739312475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2169-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENLINK MIDSTREAM 5.6% 04/01/44</name>
        <lei>N/A</lei>
        <title>ENLINK MIDSTREAM PARTNER REGD 5.60000000</title>
        <cusip>29336UAC1</cusip>
        <identifiers>
          <isin value="US29336UAC18"/>
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        <balance>2473000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2132962.50000000</valUSD>
        <pctVal>0.321239047400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</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>ORGANON FINANC 5.125% 04/30/31</name>
        <lei>N/A</lei>
        <title>ORGANON FINANCE 1 LLC REGD 144A P/P 5.12500000</title>
        <cusip>68622TAB7</cusip>
        <identifiers>
          <isin value="US68622TAB70"/>
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        <balance>710000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>736696.00000000</valUSD>
        <pctVal>0.110951562094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HECLA MINING CO 7.25% 02/15/28</name>
        <lei>5493009Y6HOBZD1QD537</lei>
        <title>HECLA MINING CO REGD 7.25000000</title>
        <cusip>422704AH9</cusip>
        <identifiers>
          <isin value="US422704AH97"/>
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        <balance>2065000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2258593.75000000</valUSD>
        <pctVal>0.340159990958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCO HLDGS LLC/CAP  5% 02/01/28</name>
        <lei>N/A</lei>
        <title>CCO HLDGS LLC/CAP CORP REGD 144A P/P 5.00000000</title>
        <cusip>1248EPBX0</cusip>
        <identifiers>
          <isin value="US1248EPBX05"/>
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        <balance>2290000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2393050.00000000</valUSD>
        <pctVal>0.360410041142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GARDA WORLD SECU 9.5% 11/01/27</name>
        <lei>N/A</lei>
        <title>GARDA WORLD SECURITY COR REGD 144A P/P 9.50000000</title>
        <cusip>36257BAA7</cusip>
        <identifiers>
          <isin value="US36257BAA70"/>
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        <balance>4714000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5197185.00000000</valUSD>
        <pctVal>0.782732353973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HARVEST MIDSTREA 7.5% 09/01/28</name>
        <lei>549300DW5M17KJOXCY66</lei>
        <title>HARVEST MIDSTREAM I LP REGD 144A P/P 7.50000000</title>
        <cusip>417558AA1</cusip>
        <identifiers>
          <isin value="US417558AA18"/>
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        <balance>4126000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4445765.00000000</valUSD>
        <pctVal>0.669563254658</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <name>LUMEN TECHNOLOGI 4.5% 01/15/29</name>
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        <name>HILTON DOMESTIC OP 4% 05/01/31</name>
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        <name>IVANHOE MINES LT 2.5% 04/15/26</name>
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        <name>CSC HOLDINGS LL 5.75% 01/15/30</name>
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          <isin value="US126307BA42"/>
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        <fairValLevel>3</fairValLevel>
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        <name>CD&amp;R SMOKEY BUY 6.75% 07/15/25</name>
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        <name>ARTEX SAC LTD V/R 03/31/22</name>
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        <name>ARTEX SAC LTD BER 0% 12/31/21</name>
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        <name>VERINT SYSTEMS  0.25% 04/15/26</name>
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        <name>ASCENT CNR CORP CLASS A COMMON</name>
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        <name>TEREX CORP 5% 05/15/29</name>
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        <name>BAUSCH HEALTH COS  7% 03/15/24</name>
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      <invstOrSec>
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        <lei>QBKYQD0ODE7DC7PDIN91</lei>
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          <isin value="US626717AN25"/>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>PAR PHARMACEUTIC 7.5% 04/01/27</name>
        <lei>N/A</lei>
        <title>PAR PHARMACEUTICAL INC REGD 144A P/P 7.50000000</title>
        <cusip>69888XAA7</cusip>
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          <isin value="US69888XAA72"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VIKING CRUISES 5.875% 09/15/27</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US92676XAD93"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EDGEWELL PERSONA 5.5% 06/01/28</name>
        <lei>549300CY8QZDL4Z3RU59</lei>
        <title>EDGEWELL PERSONAL CARE REGD 144A P/P 5.50000000</title>
        <cusip>28035QAA0</cusip>
        <identifiers>
          <isin value="US28035QAA04"/>
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        <curCd>USD</curCd>
        <valUSD>3272500.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JB POINDEXTER  7.125% 04/15/26</name>
        <lei>549300W6P81HOZZGPQ16</lei>
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        <cusip>730481AJ7</cusip>
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          <isin value="US730481AJ74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAUSCH HEALTH C 7.25% 05/30/29</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
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        <cusip>071734AF4</cusip>
        <identifiers>
          <isin value="US071734AF49"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CARPENTER TECH 6.375% 07/15/28</name>
        <lei>DX6I6ZD3X5WNNCDJKP85</lei>
        <title>CARPENTER TECHNOLOGY REGD 6.37500000</title>
        <cusip>144285AL7</cusip>
        <identifiers>
          <isin value="US144285AL72"/>
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        <curCd>USD</curCd>
        <valUSD>3201886.23000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FMG RESOURCES  4.375% 04/01/31</name>
        <lei>N/A</lei>
        <title>FMG RESOURCES AUG 2006 REGD 144A P/P 4.37500000</title>
        <cusip>30251GBC0</cusip>
        <identifiers>
          <isin value="US30251GBC06"/>
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        <balance>1780000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1848975.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>WESTERN GLOBA 10.375% 08/15/25</name>
        <lei>N/A</lei>
        <title>WESTERN GLOBAL AIRLINES REGD 144A P/P 10.37500000</title>
        <cusip>958278AA1</cusip>
        <identifiers>
          <isin value="US958278AA10"/>
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        <balance>3590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4070162.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CLEVELAND-CLIFF 6.75% 03/15/26</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS INC REGD 144A P/P 6.75000000</title>
        <cusip>185899AG6</cusip>
        <identifiers>
          <isin value="US185899AG62"/>
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        <balance>4993000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5417405.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRST QUANTUM  6.875% 10/15/27</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
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        <cusip>335934AT2</cusip>
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          <isin value="US335934AT24"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>OCI NV 4.625% 10/15/25</name>
        <lei>549300NCMRGIBJYUOE57</lei>
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        <cusip>67091GAE3</cusip>
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          <isin value="US67091GAE35"/>
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        <invCountry>NL</invCountry>
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        <name>BEACON ROOFING 4.125% 05/15/29</name>
        <lei>549300HDXQWWCBOYXP31</lei>
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        <cusip>073685AH2</cusip>
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          <isin value="US073685AH26"/>
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        <name>HILCORP ENERGY I/H 6% 02/01/31</name>
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          <isin value="US431318AV64"/>
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        <valUSD>1416250.00000000</valUSD>
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        <name>CLEVELAND-CLIF 9.875% 10/17/25</name>
        <lei>549300TM2WLI2BJMDD86</lei>
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        <cusip>185899AJ0</cusip>
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        <name>BROOKFIELD RESI 6.25% 09/15/27</name>
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        <valUSD>1989620.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NCR CORP 5.25% 10/01/30</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR CORP REGD 144A P/P 5.25000000</title>
        <cusip>62886EAZ1</cusip>
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          <isin value="US62886EAZ16"/>
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        <valUSD>657225.00000000</valUSD>
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        <name>ARTEX SAC LIMITED V/R 01/31/22</name>
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        <name>ENLINK MIDSTRE 5.375% 06/01/29</name>
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        <name>CLEAR CHANNEL W 9.25% 02/15/24</name>
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        <name>PANGAEA RE 2018-3 0% 07/01/22</name>
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        <name>ARTEX SAC LTD V/R 03/31/21</name>
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      <invstOrSec>
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        <name>ISTAR INC 4.25% 08/01/25</name>
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        <name>TALEN ENERGY S 7.625% 06/01/28</name>
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        <name>FREEDOM MORTGAG 8.25% 04/15/25</name>
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        <name>ARTEX SAC LTD V/R 12/31/21</name>
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        <invCountry>BM</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.49000000</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>UNITI GROUP/CSL  6.5% 02/15/29</name>
        <lei>N/A</lei>
        <title>UNITI GROUP/CSL CAPITAL REGD 144A P/P 6.50000000</title>
        <cusip>91327BAA8</cusip>
        <identifiers>
          <isin value="US91327BAA89"/>
        </identifiers>
        <balance>2090000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2077533.15000000</valUSD>
        <pctVal>0.312891000216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>ANR INC RTS 3/31/23</name>
        <lei>N/A</lei>
        <title>ANR INC RIGHTS EXPIRE 3/31/23 0.00000000</title>
        <cusip>03634H118</cusip>
        <identifiers>
          <isin value="US03634H1187"/>
        </identifiers>
        <balance>4728525.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26006.89000000</valUSD>
        <pctVal>0.003916819245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NCR CORP 8.125% 04/15/25</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR CORP REGD 144A P/P 8.12500000</title>
        <cusip>62886EAX6</cusip>
        <identifiers>
          <isin value="US62886EAX67"/>
        </identifiers>
        <balance>290000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>316100.00000000</valUSD>
        <pctVal>0.047606867389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</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>AETHON UN/AETHI 8.25% 02/15/26</name>
        <lei>N/A</lei>
        <title>AETHON UN/AETHIN UN FIN REGD 144A P/P 8.25000000</title>
        <cusip>00810GAC8</cusip>
        <identifiers>
          <isin value="US00810GAC87"/>
        </identifiers>
        <balance>3056000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3248741.92000000</valUSD>
        <pctVal>0.489283219761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</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>CALPINE CORP 4.625% 02/01/29</name>
        <lei>N/A</lei>
        <title>CALPINE CORP REGD 144A P/P 4.62500000</title>
        <cusip>131347CP9</cusip>
        <identifiers>
          <isin value="US131347CP95"/>
        </identifiers>
        <balance>875000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>861875.00000000</valUSD>
        <pctVal>0.129804393644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>PATRICK INDUSTRI 7.5% 10/15/27</name>
        <lei>549300FZ5ZTCCJ3Z5W14</lei>
        <title>PATRICK INDUSTRIES INC REGD 144A P/P 7.50000000</title>
        <cusip>703343AC7</cusip>
        <identifiers>
          <isin value="US703343AC76"/>
        </identifiers>
        <balance>4458000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4839872.28000000</valUSD>
        <pctVal>0.728918563156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</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>FIRST QUANTUM  6.875% 03/01/26</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM MINERALS L REGD 144A P/P 6.87500000</title>
        <cusip>335934AR6</cusip>
        <identifiers>
          <isin value="US335934AR67"/>
        </identifiers>
        <balance>625000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>656250.00000000</valUSD>
        <pctVal>0.098835832723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRIME HEALTHCAR 7.25% 11/01/25</name>
        <lei>N/A</lei>
        <title>PRIME HEALTHCARE SERVICE REGD 144A P/P 7.25000000</title>
        <cusip>74165HAB4</cusip>
        <identifiers>
          <isin value="US74165HAB42"/>
        </identifiers>
        <balance>1960000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2108332.80000000</valUSD>
        <pctVal>0.317529642586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</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>TRANSOCEAN SEN 5.375% 05/15/23</name>
        <lei>N/A</lei>
        <title>TRANSOCEAN SENTRY LTD REGD P/P 5.37500000</title>
        <cusip>89385AAA3</cusip>
        <identifiers>
          <isin value="US89385AAA34"/>
        </identifiers>
        <balance>1921321.21000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1820451.85000000</valUSD>
        <pctVal>0.274172761186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEWS CORP 3.875% 05/15/29</name>
        <lei>549300ITS31QK8VRBQ14</lei>
        <title>NEWS CORP REGD 144A P/P 3.87500000</title>
        <cusip>65249BAA7</cusip>
        <identifiers>
          <isin value="US65249BAA70"/>
        </identifiers>
        <balance>1135000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1157109.80000000</valUSD>
        <pctVal>0.174268816207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPECTRUM BRANDS  5.5% 07/15/30</name>
        <lei>N/A</lei>
        <title>SPECTRUM BRANDS INC REGD 144A P/P 5.50000000</title>
        <cusip>84762LAW5</cusip>
        <identifiers>
          <isin value="US84762LAW54"/>
        </identifiers>
        <balance>1360000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1467100.00000000</valUSD>
        <pctVal>0.220955505050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>VERSUTUS RE 2019-B 0% 12/31/21</name>
        <lei>N/A</lei>
        <title>VERSUTUS RE 2019-B REGD ZCP    /BNR48UYP5/ 0.00000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="BNR48UYP5"/>
        </identifiers>
        <balance>52853.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>983.07000000</valUSD>
        <pctVal>0.000148057206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OCI NV 5.25% 11/01/24</name>
        <lei>549300NCMRGIBJYUOE57</lei>
        <title>OCI NV REGD 144A P/P 5.25000000</title>
        <cusip>67091GAC7</cusip>
        <identifiers>
          <isin value="US67091GAC78"/>
        </identifiers>
        <balance>627000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>651471.81000000</valUSD>
        <pctVal>0.098116203942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="ISO country code not reported for forwards, swaps or supranationals." noteItem="C.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2021-06-01</ncom:dateSigned>
      <ncom:nameOfApplicant>Pioneer High Yield Fund</ncom:nameOfApplicant>
      <ncom:signature>Mark E. Bradley </ncom:signature>
      <ncom:signerName>Mark E. Bradley </ncom:signerName>
      <ncom:title>Treasurer and Chief Accounting and Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
