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        <name>Clydesdale Acquisition Holdings, Inc.</name>
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        <name>CSC Holdings LLC</name>
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        <name>Performance Food Group, Inc.</name>
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        <name>ION Platform Finance US, Inc.</name>
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        <name>Celanese US Holdings LLC</name>
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        <name>APi Group DE, Inc.</name>
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        <name>Kennedy-Wilson, Inc.</name>
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        <name>Genesis Energy LP</name>
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        <name>Hilton Domestic Operating Co., Inc.</name>
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        <name>AMC Entertainment Holdings, Inc.</name>
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        <name>SeaWorld Parks &amp; Entertainment, Inc.</name>
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        <name>Ascent Resources Utica Holdings LLC</name>
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        <name>goeasy Ltd.</name>
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        <title>goeasy Ltd.</title>
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        <invCountry>CA</invCountry>
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      <invstOrSec>
        <name>Albertsons Cos., Inc.</name>
        <lei>N/A</lei>
        <title>Albertsons Cos., Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Resorts World Las Vegas LLC</name>
        <lei>254900LHVH9D3APT8R82</lei>
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        <cusip>N/A</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Allison Transmission, Inc.</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>Allison Transmission, Inc.</title>
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        <balance>616000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Murphy Oil USA, Inc.</name>
        <lei>N32S6DTR2ZZ5222WHV58</lei>
        <title>Murphy Oil USA, Inc.</title>
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          <isin value="US626738AE88"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
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          <isin value="US126307AZ02"/>
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        <balance>1972000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1265323.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ION Platform Finance US, Inc.</name>
        <lei>213800FKHT3BRRKMCC89</lei>
        <title>ION Platform Finance US, Inc.</title>
        <cusip>46206AAD4</cusip>
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          <isin value="US46206AAD46"/>
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        <balance>848000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>808684.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hologic, Inc.</name>
        <lei>549300DYP6F5ZJL0LB74</lei>
        <title>Hologic, Inc.</title>
        <cusip>436440AP6</cusip>
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          <isin value="US436440AP62"/>
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        <balance>1090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1085920.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shea Homes LP</name>
        <lei>N/A</lei>
        <title>Shea Homes LP</title>
        <cusip>82088KAJ7</cusip>
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          <isin value="US82088KAJ79"/>
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        <balance>324000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>319909.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy, Inc.</title>
        <cusip>629377CY6</cusip>
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          <isin value="US629377CY66"/>
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        <balance>978000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>981492.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Icahn Enterprises LP</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP</title>
        <cusip>451102CK1</cusip>
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          <isin value="US451102CK14"/>
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        <balance>1233000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1244062.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>Herc Holdings, Inc.</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings, Inc.</title>
        <cusip>42704LAE4</cusip>
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          <isin value="US42704LAE48"/>
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        <balance>970000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1003847.26000000</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>GGAM Finance Ltd.</name>
        <lei>254900X2QXEN0FVXRF65</lei>
        <title>GGAM Finance Ltd.</title>
        <cusip>36170JAD8</cusip>
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          <isin value="US36170JAD81"/>
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        <balance>486000.00000000</balance>
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        <valUSD>503447.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Enova International, Inc.</name>
        <lei>549300O8XOCQSB49UO63</lei>
        <title>Enova International, Inc.</title>
        <cusip>29357KAK9</cusip>
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        <balance>601000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>635146.04000000</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>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
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      <invstOrSec>
        <name>ITT Holdings LLC</name>
        <lei>549300TH2PHOLK31LB42</lei>
        <title>ITT Holdings LLC</title>
        <cusip>45074JAA2</cusip>
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          <isin value="US45074JAA25"/>
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        <balance>1359000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>Helix Energy Solutions Group, Inc.</name>
        <lei>416AP2JOUTCWEGSOZW41</lei>
        <title>Helix Energy Solutions Group, Inc.</title>
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        <balance>364000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>382365.56000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>Algoma Steel, Inc.</name>
        <lei>5493006RXIB5GVHWJS53</lei>
        <title>Algoma Steel, Inc.</title>
        <cusip>01566MAD7</cusip>
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        <balance>366000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>315058.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Big River Steel LLC</name>
        <lei>549300FDOTXSG1N4RG27</lei>
        <title>Big River Steel LLC</title>
        <cusip>08949LAB6</cusip>
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          <isin value="US08949LAB62"/>
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        <balance>847000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>853501.73000000</valUSD>
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      <invstOrSec>
        <name>HUB International Ltd.</name>
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        <name>Huntsman International LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Primo Water Holdings, Inc.</name>
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        <name>Williams Scotsman, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Great Lakes Dredge &amp; Dock Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Prime Healthcare Services, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Crocs, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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        <name>Cloud Software Group, Inc.</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Service Properties Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Home Co., Inc. (The)</name>
        <lei>549300PLCE8TB3TVRQ85</lei>
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        <name>AMC Networks, Inc.</name>
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        <name>US Foods, Inc.</name>
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        <name>Boyne USA, Inc.</name>
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        <name>Hertz Corp. (The)</name>
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        <name>TMS International Corp.</name>
        <lei>549300L4K0F1YF8WKF23</lei>
        <title>TMS International Corp.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Chobani Holdco II LLC</name>
        <lei>N/A</lei>
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        <name>Dycom Industries, Inc.</name>
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        <name>Cleveland-Cliffs, Inc.</name>
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        <name>Iron Mountain, Inc.</name>
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        <name>Velocity Vehicle Group LLC</name>
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        <name>Edgewell Personal Care Co.</name>
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        <name>Lithia Motors, Inc.</name>
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        <name>Alta Equipment Group, Inc.</name>
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        <name>Go Daddy Operating Co. LLC</name>
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        <name>Pitney Bowes, Inc.</name>
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        <name>Methanex Corp.</name>
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        <name>Dornoch Debt Merger Sub, Inc.</name>
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        <name>Wynn Resorts Finance LLC</name>
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        <name>BlackRock Funds III</name>
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        <name>NCR Voyix Corp.</name>
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        <name>Service Corp. International</name>
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        <name>Global Auto Holdings Ltd.</name>
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        <name>Kodiak Gas Services LLC</name>
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        <name>Venture Global Calcasieu Pass LLC</name>
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        <name>NESCO Holdings II, Inc.</name>
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        <name>Summit Midstream Holdings LLC</name>
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        <name>RLJ Lodging Trust LP</name>
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        <name>Genting New York LLC</name>
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        <name>Bombardier, Inc.</name>
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        <name>Viavi Solutions, Inc.</name>
        <lei>5493006K3E3N1QOBF092</lei>
        <title>Viavi Solutions, Inc.</title>
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      <invstOrSec>
        <name>United Wholesale Mortgage LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DPL LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LBM Acquisition LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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      <invstOrSec>
        <name>Scotts Miracle-Gro Co. (The)</name>
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          <isin value="US810186AS55"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sunoco LP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Charles River Laboratories International, Inc.</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
        <title>Charles River Laboratories International, Inc.</title>
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          <isin value="US159864AG27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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      <invstOrSec>
        <name>Rain Carbon, Inc.</name>
        <lei>25490038N6JQH7QXUK52</lei>
        <title>Rain Carbon, Inc.</title>
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        <balance>476000.00000000</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>2029-09-01</maturityDt>
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          <annualizedRt>12.25000000</annualizedRt>
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        <name>Reworld Holding Corp.</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>Reworld Holding Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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        <name>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>Medline Borrower LP</title>
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        <balance>4040000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
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      <invstOrSec>
        <name>Delek Logistics Partners LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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        <name>Michaels Cos., Inc. (The)</name>
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        <title>Michaels Cos., Inc. (The)</title>
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        <name>Carriage Purchaser, Inc.</name>
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        <name>Wolverine World Wide, Inc.</name>
        <lei>549300OVC7PK14LQ8D87</lei>
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        <name>ZoomInfo Technologies LLC</name>
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        <name>Newmark Group, Inc.</name>
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        <name>Precision Drilling Corp.</name>
        <lei>8945003E8R4T2TZ7G795</lei>
        <title>Precision Drilling Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>RR Donnelley &amp; Sons Co.</name>
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        <name>American Builders &amp; Contractors Supply Co., Inc.</name>
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        <name>American Airlines, Inc.</name>
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        <name>Virgin Media Secured Finance plc</name>
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        <name>Wayfair LLC</name>
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        <name>Century Communities, Inc.</name>
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        <name>Cleveland-Cliffs, Inc.</name>
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        <invCountry>US</invCountry>
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        <name>Community Health Systems, Inc.</name>
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        <name>Patrick Industries, Inc.</name>
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        <name>SK Invictus Intermediate II SARL</name>
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        <title>SK Invictus Intermediate II SARL</title>
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        <invCountry>LU</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Crowdstrike Holdings, Inc.</name>
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        <name>Armor Holdco, Inc.</name>
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        <name>OneMain Finance Corp.</name>
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        <name>Victoria's Secret &amp; Co.</name>
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        <invCountry>US</invCountry>
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        <name>Acrisure LLC</name>
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        <invCountry>US</invCountry>
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        <name>USA Compression Partners LP</name>
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      <invstOrSec>
        <name>Jazz Securities DAC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mativ Holdings, Inc.</name>
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      <invstOrSec>
        <name>Fertitta Entertainment LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GFL Environmental, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>AHP Health Partners, Inc.</name>
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      <invstOrSec>
        <name>Cobra AcquisitionCo LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Terex Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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        <name>Synaptics, Inc.</name>
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        <name>Alliance Resource Operating Partners LP</name>
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        <name>Kedrion SpA</name>
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        <invCountry>IT</invCountry>
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        <name>Imola Merger Corp.</name>
        <lei>N/A</lei>
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        <name>Graphic Packaging International LLC</name>
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        <name>Chobani LLC</name>
        <lei>549300ISVDMZ91KNTR38</lei>
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        <name>GEO Group, Inc. (The)</name>
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        <title>GEO Group, Inc. (The)</title>
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        <name>1011778 BC ULC</name>
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        <title>1011778 BC ULC</title>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Ferrellgas LP</name>
        <lei>549300EW667UKOZLEW85</lei>
        <title>Ferrellgas LP</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Seagate Data Storage Technology Pte. Ltd.</name>
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        <name>NRG Energy, Inc.</name>
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        <name>Acadia Healthcare Co., Inc.</name>
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        <name>Coherent Corp.</name>
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        <name>Caesars Entertainment, Inc.</name>
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        <name>WR Grace Holdings LLC</name>
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        <name>VM Consolidated, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Beazer Homes USA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MPT Operating Partnership LP</name>
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        <name>Acrisure LLC</name>
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        <name>SCIH Salt Holdings, Inc.</name>
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        <name>Chemours Co. (The)</name>
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        <name>TriMas Corp.</name>
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        <name>Bath &amp; Body Works, Inc.</name>
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        <name>Comstock Resources, Inc.</name>
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        <name>Bloomin' Brands, Inc.</name>
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        <name>Freedom Mortgage Holdings LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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      <invstOrSec>
        <name>Alliant Holdings Intermediate LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sunoco LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Staples, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AmWINS Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Marriott Ownership Resorts, Inc.</name>
        <lei>BW4532OH033VURR0IT68</lei>
        <title>Marriott Ownership Resorts, Inc.</title>
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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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      <invstOrSec>
        <name>Broadstreet Partners Group LLC</name>
        <lei>549300BS9N54G8DD0R75</lei>
        <title>Broadstreet Partners Group LLC</title>
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        <balance>879000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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      <invstOrSec>
        <name>CD&amp;R Smokey Buyer, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
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      <invstOrSec>
        <name>Blue Racer Midstream LLC</name>
        <lei>N/A</lei>
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        <balance>603000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
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        <name>Scripps Escrow II, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ams-OSRAM AG</name>
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        <invCountry>AT</invCountry>
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        <name>Coronado Finance Pty. Ltd.</name>
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        <invCountry>AU</invCountry>
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        <name>Entegris, Inc.</name>
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        <name>Match Group Holdings II LLC</name>
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        <name>Altice Financing SA</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>Altice Financing SA</title>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>STL Holding Co. LLC</name>
        <lei>984500BC2I63E7F48656</lei>
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      <invstOrSec>
        <name>Community Health Systems, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hunt Cos., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Jaguar Land Rover Automotive plc</name>
        <lei>529900L73GEWN1O5NH84</lei>
        <title>Jaguar Land Rover Automotive plc</title>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TTM Technologies, Inc.</name>
        <lei>549300SC4BDOIS008048</lei>
        <title>TTM Technologies, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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      <invstOrSec>
        <name>PRA Group, Inc.</name>
        <lei>549300Q5HW3JSSB86K27</lei>
        <title>PRA Group, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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      <invstOrSec>
        <name>Upbound Group, Inc.</name>
        <lei>529900QUHE15UQNCCJ63</lei>
        <title>Upbound Group, Inc.</title>
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        <balance>538000.00000000</balance>
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        <valUSD>532994.94000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>Resideo Funding, Inc.</name>
        <lei>5493000IFJ6XJKH66598</lei>
        <title>Resideo Funding, Inc.</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Service Properties Trust</name>
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        <balance>515000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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        <name>1011778 BC ULC</name>
        <lei>549300RHSHNRWI5LLA86</lei>
        <title>1011778 BC ULC</title>
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        <invCountry>CA</invCountry>
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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>FMC Corp.</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Viking Cruises Ltd.</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>Viking Cruises Ltd.</title>
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        <invCountry>BM</invCountry>

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        <name>Kontoor Brands, Inc.</name>
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        <invCountry>US</invCountry>
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        <name>Banijay Entertainment SAS</name>
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        <title>Banijay Entertainment SAS</title>
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        <invCountry>FR</invCountry>
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        <name>MGM Resorts International</name>
        <lei>54930066VBP7DZEGGJ87</lei>
        <title>MGM Resorts International</title>
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      <invstOrSec>
        <name>Clarivate Science Holdings Corp.</name>
        <lei>N/A</lei>
        <title>Clarivate Science Holdings Corp.</title>
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      <invstOrSec>
        <name>Papa John's International, Inc.</name>
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        <name>Sunoco LP</name>
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        <name>Cloud Software Group, Inc.</name>
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        <name>Connect Finco SARL</name>
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        <name>AdaptHealth LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ASG Finance DAC</name>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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      <invstOrSec>
        <name>Viking Ocean Cruises Ship VII Ltd.</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Gap, Inc. (The)</name>
        <lei>T2ZG1WRWZ4BUCMQL9224</lei>
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      <invstOrSec>
        <name>Accendra Health, Inc.</name>
        <lei>549300LMT5KQQXCEZ733</lei>
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        <name>Hilton Domestic Operating Co., Inc.</name>
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        <invCountry>US</invCountry>
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        <name>APi Group DE, Inc.</name>
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        <name>Rocket Mortgage LLC</name>
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        <name>ADT Security Corp. (The)</name>
        <lei>5493009JEEDYLVRA0J13</lei>
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        <name>TEGNA, Inc.</name>
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      <invstOrSec>
        <name>Sotheby's</name>
        <lei>N/A</lei>
        <title>Sotheby's</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
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          <isin value="US58506DAA63"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wynn Macau Ltd.</name>
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        <title>Wynn Macau Ltd.</title>
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          <isin value="US98313RAE62"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Aston Martin Capital Holdings Ltd.</name>
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        <title>Aston Martin Capital Holdings Ltd.</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Altice France SA</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>Ardagh Metal Packaging Finance USA LLC</name>
        <lei>635400YUJMWFYRBL5293</lei>
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          <isin value="US03969YAB48"/>
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        <balance>1245000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
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      <invstOrSec>
        <name>SunCoke Energy, Inc.</name>
        <lei>1KF1J2NXQE2PI0QOB943</lei>
        <title>SunCoke Energy, Inc.</title>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>RHP Hotel Properties LP</name>
        <lei>549300SJMSMA2471GA96</lei>
        <title>RHP Hotel Properties LP</title>
        <cusip>749571AG0</cusip>
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          <isin value="US749571AG03"/>
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        <balance>728000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>717961.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>98372MAC9</cusip>
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          <isin value="US98372MAC91"/>
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        <balance>606000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>598125.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CNX Resources Corp.</name>
        <lei>549300JK3KH8PWM3B226</lei>
        <title>CNX Resources Corp.</title>
        <cusip>12653CAJ7</cusip>
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          <isin value="US12653CAJ71"/>
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        <balance>612000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>615781.44000000</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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Conduent Business Services LLC</name>
        <lei>54930026CNAIP718XD30</lei>
        <title>Conduent Business Services LLC</title>
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        <balance>631000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>514702.75000000</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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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc.</title>
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        <balance>1238000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Option Care Health, Inc.</name>
        <lei>549300DI3Q5ACSYJRI17</lei>
        <title>Option Care Health, Inc.</title>
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          <isin value="US68404LAA08"/>
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        <balance>603000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-31</maturityDt>
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        <name>Primo Water Holdings, Inc.</name>
        <lei>9845008F9A5F2E1D4832</lei>
        <title>Primo Water Holdings, Inc.</title>
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        <balance>915000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-30</maturityDt>
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      <invstOrSec>
        <name>Global Auto Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>Global Auto Holdings Ltd.</title>
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        <balance>456000.00000000</balance>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PHH Escrow Issuer LLC</name>
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        <invCountry>US</invCountry>
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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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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      <invstOrSec>
        <name>INEOS Finance plc</name>
        <lei>2138002D68XDR4LZCG32</lei>
        <title>INEOS Finance plc</title>
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        <valUSD>702252.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Saks Global Enterprises LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Transocean International Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Somnigroup International, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kraken Oil &amp; Gas Partners LLC</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
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      <invstOrSec>
        <name>Jacobs Entertainment, Inc.</name>
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        <title>Jacobs Entertainment, Inc.</title>
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        <balance>609000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>SBA Communications Corp.</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA Communications Corp.</title>
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        <balance>1838000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KeHE Distributors LLC</name>
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        <balance>1187000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Cobra AcquisitionCo LLC</name>
        <lei>N/A</lei>
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        <balance>291000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.25000000</annualizedRt>
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        <name>LCM Investments Holdings II LLC</name>
        <lei>549300P5V78NNQTG4428</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ellucian Holdings, Inc.</name>
        <lei>549300RP8NIJ7FY7OS79</lei>
        <title>Ellucian Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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        <name>W&amp;T Offshore, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rakuten Group, Inc.</name>
        <lei>529900IMXUCQKUL1H943</lei>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Arcosa, Inc.</name>
        <lei>549300WFHLTCZV7D6V29</lei>
        <title>Arcosa, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>ION Platform Finance US, Inc.</name>
        <lei>213800FKHT3BRRKMCC89</lei>
        <title>ION Platform Finance US, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Aethon United BR LP</name>
        <lei>5493007HPG2M9K9X5V41</lei>
        <title>Aethon United BR LP</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP</name>
        <lei>549300IQ3DN0F3VERF65</lei>
        <title>Tallgrass Energy Partners LP</title>
        <cusip>87470LAL5</cusip>
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      <invstOrSec>
        <name>Brookfield Residential Properties, Inc.</name>
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        <name>AMC Networks, Inc.</name>
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        <name>Tutor Perini Corp.</name>
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        <name>CCO Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransDigm, Inc.</name>
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        <name>HLF Financing SARL LLC</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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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>CCO Holdings 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>2029-06-01</maturityDt>
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        <name>KB Home</name>
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        <title>KB Home</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Antero Midstream Partners LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Great Canadian Gaming Corp.</name>
        <lei>549300FU60SSFLTE0M84</lei>
        <title>Great Canadian Gaming Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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      <invstOrSec>
        <name>Navient Corp.</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp.</title>
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        <name>1011778 BC ULC</name>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Seagate Data Storage Technology Pte. Ltd.</name>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Park Intermediate Holdings LLC</name>
        <lei>549300HJUVLG7EAGZV92</lei>
        <title>Park Intermediate Holdings LLC</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <name>Deluxe Corp.</name>
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        <name>First Student Bidco, Inc.</name>
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      <invstOrSec>
        <name>CVR Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>XPLR Infrastructure Operating Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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      <invstOrSec>
        <name>AmWINS Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Olin Corp.</name>
        <lei>549300GKK294V7W57P06</lei>
        <title>Olin Corp.</title>
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          <isin value="US680665AL00"/>
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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>Encore Capital Group, Inc.</name>
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        <title>Encore Capital Group, Inc.</title>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Neptune Bidco US, Inc.</name>
        <lei>549300VG15T3VCYZ4531</lei>
        <title>Neptune Bidco US, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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      <invstOrSec>
        <name>Innophos Holdings, Inc.</name>
        <lei>XQ0331QX53IRX25OY417</lei>
        <title>Innophos Holdings, Inc.</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Superior Plus LP</name>
        <lei>549300K5Y13GU6TPZJ49</lei>
        <title>Superior Plus LP</title>
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          <isin value="US86828LAC63"/>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Avis Budget Car Rental LLC</name>
        <lei>XN8R4HH1TVC1XOCL5P21</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Talos Production, Inc.</name>
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        <title>Talos Production, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EchoStar Corp.</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>EchoStar Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Outfront Media Capital LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hertz Corp. (The)</name>
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        <title>Hertz Corp. (The)</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HealthEquity, Inc.</name>
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        <name>PROG Holdings, Inc.</name>
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        <title>PROG Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Hightower Holding LLC</name>
        <lei>254900MKOSB7RTMA9K12</lei>
        <title>Hightower Holding LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ball Corp.</name>
        <lei>0BGI85ALH27ZJP15DY16</lei>
        <title>Ball Corp.</title>
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      <invstOrSec>
        <name>Lamar Media Corp.</name>
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        <name>AAR Escrow Issuer LLC</name>
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        <name>Hudbay Minerals, Inc.</name>
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        <name>Light &amp; Wonder International, Inc.</name>
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        <name>iHeartCommunications, Inc.</name>
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        <name>Rockies Express Pipeline LLC</name>
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        <name>WESCO Distribution, Inc.</name>
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        <name>Rocket Cos., Inc.</name>
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        <name>Victra Holdings LLC</name>
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        <name>Anywhere Real Estate Group LLC</name>
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        <name>Gray Media, Inc.</name>
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        <name>Compass Group Diversified Holdings LLC</name>
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        <name>California Resources Corp.</name>
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        <name>Esab Corp.</name>
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        <name>Arko Corp.</name>
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        <name>Mueller Water Products, Inc.</name>
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        <name>Clear Channel Outdoor Holdings, Inc.</name>
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        <name>Magnera Corp.</name>
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        <name>Rocket Software, Inc.</name>
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        <name>Leeward Renewable Energy Operations LLC</name>
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        <name>INEOS Quattro Finance 2 plc</name>
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        <name>Midwest Gaming Borrower LLC</name>
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        <name>Global Partners LP</name>
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        <name>Brightstar Lottery plc</name>
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        <name>Ithaca Energy North Sea plc</name>
        <lei>213800BMMUN3AKWBIO91</lei>
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      <invstOrSec>
        <name>Central Parent, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Brandywine Operating Partnership LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mavis Tire Express Services Topco Corp.</name>
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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>DISH DBS Corp.</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
        <lei>549300W1D516HBDEU871</lei>
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          <isin value="US70932MAD92"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
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      <invstOrSec>
        <name>Permian Resources Operating LLC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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      <invstOrSec>
        <name>Garda World Security Corp.</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>Garda World Security Corp.</title>
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          <isin value="US36485MAL37"/>
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        <balance>604000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>595328.77000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>American Axle &amp; Manufacturing, Inc.</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
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        <balance>738000.00000000</balance>
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        <invCountry>US</invCountry>
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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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        <balance>3379000.00000000</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>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Empire Communities Corp.</name>
        <lei>549300JM1L6KK2QFP273</lei>
        <title>Empire Communities Corp.</title>
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        <balance>576000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>595344.58000000</valUSD>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
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        <name>Simmons Foods, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TGNR Intermediate Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Prairie Acquiror LP</name>
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        <name>Venture Global LNG, Inc.</name>
        <lei>54930011XLBUWMQUC829</lei>
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        <name>Stagwell Global LLC</name>
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        <name>OneSky Flight LLC</name>
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        <title>OneSky Flight LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
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        <name>Pebblebrook Hotel LP</name>
        <lei>549300DXEFK267TXZ832</lei>
        <title>Pebblebrook Hotel LP</title>
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        <curCd>USD</curCd>
        <valUSD>442450.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Planet Financial Group LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Specialty Building Products Holdings LLC</name>
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        <name>Newell Brands, Inc.</name>
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        <name>Roller Bearing Co. of America, Inc.</name>
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      <invstOrSec>
        <name>Whirlpool Corp.</name>
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        <name>CPI CG, Inc.</name>
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        <name>Provident Funding Associates LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Trident Energy Finance plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BlackRock Funds III</name>
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        <title>BlackRock Cash Funds: Treasury, SL Agency Shares</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Madison IAQ LLC</name>
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        <title>Madison IAQ LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>RR Donnelley &amp; Sons Co.</name>
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        <title>RR Donnelley &amp; Sons Co.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Sabre GLBL, Inc.</name>
        <lei>F2TJC7HPPHLHU1AQMP98</lei>
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        <name>Open Text Corp.</name>
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        <title>Open Text Corp.</title>
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        <invCountry>CA</invCountry>
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        <name>Newfold Digital Holdings Group, Inc.</name>
        <lei>549300UTQC2651SB0W88</lei>
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        <name>NGL Energy Operating LLC</name>
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        <name>Thor Industries, Inc.</name>
        <lei>254900XZO1228PDSG060</lei>
        <title>Thor Industries, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Uniti Group LP</name>
        <lei>N/A</lei>
        <title>Uniti Group LP</title>
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        <invCountry>US</invCountry>
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        <name>ACCO Brands Corp.</name>
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        <name>Seaspan Corp.</name>
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        <name>Icahn Enterprises LP</name>
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        <name>BWX Technologies, Inc.</name>
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        <name>McGraw-Hill Education, Inc.</name>
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        <name>Acrisure LLC</name>
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        <name>Carnival Corp.</name>
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        <name>Elastic NV</name>
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        <name>Melco Resorts Finance Ltd.</name>
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        <name>Studio City Finance Ltd.</name>
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        <name>Sealed Air Corp.</name>
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        <name>Alcoa Nederland Holding BV</name>
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        <name>Penske Automotive Group, Inc.</name>
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        <name>OneMain Finance Corp.</name>
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        <name>PennyMac Financial Services, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GFL Environmental, Inc.</name>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NCL Corp. Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Vistra Operations Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tronox, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sirius XM Radio LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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      <invstOrSec>
        <name>TKC Holdings, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US87256YAA10"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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          <annualizedRt>10.50000000</annualizedRt>
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      <invstOrSec>
        <name>United States Steel Corp.</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
        <title>United States Steel Corp.</title>
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          <isin value="US912909AU28"/>
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        <balance>583000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Aretec Group, Inc.</name>
        <lei>549300NV2T8A33L0PQ58</lei>
        <title>Aretec Group, Inc.</title>
        <cusip>040133AA8</cusip>
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          <isin value="US040133AA87"/>
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        <balance>485000.00000000</balance>
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        <valUSD>485017.61000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>Hess Midstream Operations LP</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Hudson Pacific Properties LP</name>
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        <title>Hudson Pacific Properties LP</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
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        <name>Paysafe Finance plc</name>
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        <invCountry>US</invCountry>
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        <name>Zegona Finance plc</name>
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        <invCountry>GB</invCountry>
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        <name>Playtika Holding Corp.</name>
        <lei>254900E35Z4TKA4UFG64</lei>
        <title>Playtika Holding Corp.</title>
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        <invCountry>US</invCountry>
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        <name>APH Somerset Investor 2 LLC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MajorDrive Holdings IV LLC</name>
        <lei>25490044R1FR5N8FIT62</lei>
        <title>MajorDrive Holdings IV LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TopBuild Corp.</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>TopBuild Corp.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HNI Corp.</name>
        <lei>549300SKRADLC4O5HV93</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SM Energy Co.</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NCR Atleos Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
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      <invstOrSec>
        <name>Six Flags Entertainment Corp.</name>
        <lei>N/A</lei>
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          <isin value="US150190AE64"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>SGUS LLC</name>
        <lei>N/A</lei>
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          <isin value="US81880AAA07"/>
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        <balance>391470.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11917.13000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.00000000</annualizedRt>
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      <invstOrSec>
        <name>TriNet Group, Inc.</name>
        <lei>5299003FJVBETSFKE990</lei>
        <title>TriNet Group, Inc.</title>
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          <isin value="US896288AA51"/>
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        <curCd>USD</curCd>
        <valUSD>570695.28000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Brink's Co. (The)</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>Brink's Co. (The)</title>
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          <isin value="US109696AC87"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500523.14000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Axalta Coating Systems LLC</name>
        <lei>549300G80QONCHILSF69</lei>
        <title>Axalta Coating Systems LLC</title>
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          <isin value="US05453GAC96"/>
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        <balance>787000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>757461.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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        <name>Hilton Grand Vacations Borrower LLC</name>
        <lei>254900HF0EZ734FDVY79</lei>
        <title>Hilton Grand Vacations Borrower LLC</title>
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          <isin value="US43284MAA62"/>
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        <curCd>USD</curCd>
        <valUSD>1007935.17000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>EURO</name>
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        <title>EURO</title>
        <cusip>N/A</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>Medline Borrower LP</title>
        <cusip>62482BAB8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Howard Hughes Corp. (The)</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>Howard Hughes Corp. (The)</title>
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        <valUSD>739376.66000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Coeur Mining, Inc.</name>
        <lei>5493003AVK173D48DR70</lei>
        <title>Coeur Mining, Inc.</title>
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        <name>American Airlines, Inc.</name>
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        <title>American Airlines, Inc.</title>
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        <name>Brandywine Operating Partnership LP</name>
        <lei>IXBXSCONLDQ1ZI73YU71</lei>
        <title>Brandywine Operating Partnership LP</title>
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        <name>Dcli Bidco LLC</name>
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        <name>AMN Healthcare, Inc.</name>
        <lei>549300H27NUKBFFQEE84</lei>
        <title>AMN Healthcare, Inc.</title>
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          <maturityDt>2029-04-15</maturityDt>
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      <invstOrSec>
        <name>Travel + Leisure Co.</name>
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        <title>Travel + Leisure Co.</title>
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        <name>Deluxe Corp.</name>
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        <name>Hilcorp Energy I LP</name>
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        <name>Phinia, Inc.</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>Premier Entertainment Sub LLC</name>
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        <name>Perenti Finance Pty. Ltd.</name>
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        <name>HLF Financing SARL LLC</name>
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        <name>Rithm Capital Corp.</name>
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        <name>Jane Street Group</name>
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        <name>Saturn Oil &amp; Gas, Inc.</name>
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        <name>Hillenbrand, Inc.</name>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="543054.13800000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gates Corp.</name>
        <lei>984500F43C791F4C7894</lei>
        <title>Gates Corp.</title>
        <cusip>367398AA2</cusip>
        <identifiers>
          <isin value="US367398AA27"/>
          <other otherDesc="Inhouse Asset ID" value="367398AA2"/>
        </identifiers>
        <balance>611000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>634945.09000000</valUSD>
        <pctVal>0.171521942031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</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>
    </invstOrSecs>
    <explntrNotes>



      <explntrNote note="Monthly returns presented in B.5.a have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>


    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-01-31</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
