<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001355064</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>
      <seriesClassInfo>
        <seriesId>S000045922</seriesId>
        <classId>C000143113</classId>
        <classId>C000143114</classId>
        <classId>C000143112</classId>
      </seriesClassInfo>

    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>MUTUAL FUND SERIES TRUST</regName>
      <regFileNumber>811-21872</regFileNumber>
      <regCik>0001355064</regCik>
      <regLei>5493002ZGLQMLR4QMA96</regLei>
      <regStreet1>C/O GEMINI FUND SERVICES LLC</regStreet1>
      <regStreet2>4221 North 203rd Street, Suite 100</regStreet2>
      <regCity>ELKHORN</regCity>
      <regStateConditional regCountry="US" regState="US-NE"/>
      <regZipOrPostalCode>68022</regZipOrPostalCode>
      <regPhone>631-470-2600</regPhone>
      <seriesName>Catalyst Systematic Alpha Fund</seriesName>
      <seriesId>S000045922</seriesId>
      <seriesLei>549300D1D0DR2GYJY706</seriesLei>
      <repPdEnd>2023-06-30</repPdEnd>
      <repPdDate>2022-09-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>11688096.79</totAssets>
      <totLiabs>7010838.03</totLiabs>
      <netAssets>4677258.76</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>937741.69000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>925688.63999999</cshNotRptdInCorD>
      <curMetrics>
        <curMetric>
          <curCd>USD</curCd>
          <intrstRtRiskdv01 period10Yr="0.00000000" period1Yr="75.89752000" period30Yr="0.00000000" period3Mon="84.85746700" period5Yr="0.00000000"/>
          <intrstRtRiskdv100 period10Yr="0.00000000" period1Yr="7588.12612400" period30Yr="0.00000000" period3Mon="8572.41641000" period5Yr="0.00000000"/>
        </curMetric>
      </curMetrics>
      <creditSprdRiskInvstGrade period10Yr="0.00000000" period1Yr="75.03724300" period30Yr="0.00000000" period3Mon="77.08332700" period5Yr="0.00000000"/>
      <creditSprdRiskNonInvstGrade period10Yr="0.00000000" period1Yr="1.13053500" period30Yr="0.00000000" period3Mon="8.82547400" period5Yr="0.00000000"/>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000143113" rtn1="-1.75000000" rtn2="1.57000000" rtn3="-3.60000000"/>
          <monthlyTotReturn classId="C000143114" rtn1="-1.60000000" rtn2="1.63000000" rtn3="-3.51000000"/>
          <monthlyTotReturn classId="C000143112" rtn1="-1.67000000" rtn2="1.60000000" rtn3="-3.54000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <otherContracts>
            <mon1 netRealizedGain="-43.89000000" netUnrealizedAppr="-104934.82000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="92124.05000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="-182982.67000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="-43.89000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="-104934.82000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="92124.05000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="-182982.67000000"/>
            </swapCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-67.23000000" netUnrealizedAppr="-7407.29000000"/>
        <othMon2 netRealizedGain="0.00000000" netUnrealizedAppr="-4804.18000000"/>
        <othMon3 netRealizedGain="-7690.18000000" netUnrealizedAppr="-7565.63000000"/>
      </returnInfo>
      <mon1Flow redemption="-949639.72000000" reinvestment="0.00000000" sales="9681.72000000"/>
      <mon2Flow redemption="-114752.34000000" reinvestment="0.00000000" sales="354248.35000000"/>
      <mon3Flow redemption="-1003251.47000000" reinvestment="0.00000000" sales="22185.66000000"/>


      <varInfo>


      </varInfo>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>FIRST AMERN FDS INC</name>
        <lei>549300J5J5SJCZ9IA369</lei>
        <title>FRST AM-GV OB-U</title>
        <cusip>31846V211</cusip>
        <identifiers>
          <isin value="US31846V2117"/>
        </identifiers>
        <balance>371004.94000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>371004.94000000</valUSD>
        <pctVal>7.932102093064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BNPXCASA SWAP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="BNPXCASA1            00001"/>
        </identifiers>
        <balance>1616.52890000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-349244.24000000</valUSD>
        <pctVal>-7.46685736069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="SWAP" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BNP PARIBAS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>N/A</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>LME Zinc FEB23</othIndName>
                    <identifiers>
                      <ticker value="LXG3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>94360.41000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-12276.91000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Natural Gas MAR23</othIndName>
                    <identifiers>
                      <ticker value="NGH23 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>570488.83000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-121545.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Aluminium HG APR23</othIndName>
                    <identifiers>
                      <ticker value="LAJ23 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>21869.52000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1688.11000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX WTI Crude Mar23</othIndName>
                    <identifiers>
                      <ticker value="CLH3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>234577.50000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-28065.13000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Month SOFR Fut  Jun24</othIndName>
                    <identifiers>
                      <ticker value="SFRM4 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-342376.74000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2774.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CBOE VIX Future Oct 22</othIndName>
                    <identifiers>
                      <ticker value="UXV2 Index"/>
                    </identifiers>
                    <othIndNotAmt>-722329.17000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-121813.58000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Months Euribor Future Jun24</othIndName>
                    <identifiers>
                      <ticker value="ERM4 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-565646.82000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>3965.69000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Month SOFR Fut  Jun23</othIndName>
                    <identifiers>
                      <ticker value="SFRM3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-508007.15000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2957.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Months Euribor Future Dec23</othIndName>
                    <identifiers>
                      <ticker value="ERZ3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-565296.93000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>3419.02000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Aluminium HG NOV22</othIndName>
                    <identifiers>
                      <ticker value="LAX22 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-143925.01000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>12580.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Nickel DEC22</othIndName>
                    <identifiers>
                      <ticker value="LNZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>78337.50000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1260.74000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ICE Gas Oil NOV22</othIndName>
                    <identifiers>
                      <ticker value="QSX2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-201182.77000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19268.34000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ICE Brent Crude Jan23</othIndName>
                    <identifiers>
                      <ticker value="COF3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-396575.78000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>40156.87000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>future Nikkei of maturity Dec22</othIndName>
                    <identifiers>
                      <ticker value="NIZ2 Index"/>
                    </identifiers>
                    <othIndNotAmt>832591.73000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-55625.74000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Months Euribor Future Jun23</othIndName>
                    <identifiers>
                      <ticker value="ERM3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-588626.63000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>3470.32000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Copper NOV22</othIndName>
                    <identifiers>
                      <ticker value="LPX22 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>149796.81000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3299.83000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Zinc MAR23</othIndName>
                    <identifiers>
                      <ticker value="LXH3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>93124.70000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-11998.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Aluminium HG DEC22</othIndName>
                    <identifiers>
                      <ticker value="LAZ22 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>110035.21000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-9363.71000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>future JGB of maturity Dec22</othIndName>
                    <identifiers>
                      <ticker value="JBZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>2300873.92000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-10194.53000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ICE Gas Oil MAR23</othIndName>
                    <identifiers>
                      <ticker value="QSH3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>127364.86000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-11526.38000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Month SOFR Fut  Mar23</othIndName>
                    <identifiers>
                      <ticker value="SFRH3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-507753.41000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2905.07000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Heating Oil Dec22</othIndName>
                    <identifiers>
                      <ticker value="HOZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>19588.61000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2317.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Zinc NOV22</othIndName>
                    <identifiers>
                      <ticker value="LXX2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-218899.92000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>29722.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Natural Gas NOV22</othIndName>
                    <identifiers>
                      <ticker value="NGX22 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-1564966.51000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>412657.94000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Copper JAN23</othIndName>
                    <identifiers>
                      <ticker value="LPF23 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>149488.61000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-4475.25000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CMX Gold Dec22</othIndName>
                    <identifiers>
                      <ticker value="GCZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>252607.88000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-7931.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Nickel FEB23</othIndName>
                    <identifiers>
                      <ticker value="LNG3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>78370.38000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1148.27000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Aluminium HG JAN23</othIndName>
                    <identifiers>
                      <ticker value="LAF23 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>21934.78000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1813.79000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX WTI Crude Jan23</othIndName>
                    <identifiers>
                      <ticker value="CLF3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>58927.68000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-6578.19000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Natural Gas APR23</othIndName>
                    <identifiers>
                      <ticker value="NGJ23 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>657454.88000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-115179.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ICE Brent Crude Feb23</othIndName>
                    <identifiers>
                      <ticker value="COG3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>257260.82000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-27341.32000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Copper DEC22</othIndName>
                    <identifiers>
                      <ticker value="LPZ22 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>148954.07000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-4118.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Natural Gas FEB23</othIndName>
                    <identifiers>
                      <ticker value="NGG23 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>622921.84000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-143480.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Months Euribor Future Sep23</othIndName>
                    <identifiers>
                      <ticker value="ERU3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-588322.69000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>3620.26000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Months Euribor Future Mar23</othIndName>
                    <identifiers>
                      <ticker value="ERH3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-590113.81000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>3623.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ICE Gas Oil DEC22</othIndName>
                    <identifiers>
                      <ticker value="QSZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>126533.99000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-12880.14000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Heating Oil Nov22</othIndName>
                    <identifiers>
                      <ticker value="HOX2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-159059.05000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>17073.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ICE Brent Crude Dec22</othIndName>
                    <identifiers>
                      <ticker value="COZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>261581.46000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-25183.57000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX WTI Crude Feb23</othIndName>
                    <identifiers>
                      <ticker value="CLG3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>291427.41000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-33759.45000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Month SOFR Fut  Sep24</othIndName>
                    <identifiers>
                      <ticker value="SFRU4 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-342836.86000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2704.51000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX WTI Crude Apr23</othIndName>
                    <identifiers>
                      <ticker value="CLJ3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>291205.33000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-35685.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Nickel NOV22</othIndName>
                    <identifiers>
                      <ticker value="LNX2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-186839.82000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>3029.32000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Month SOFR Fut  Dec23</othIndName>
                    <identifiers>
                      <ticker value="SFRZ3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-341119.49000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2668.17000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CMX Copper DEC22 futures</othIndName>
                    <identifiers>
                      <ticker value="HGZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-342644.37000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>10322.67000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Gasoline RBOB Dec22</othIndName>
                    <identifiers>
                      <ticker value="XBZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>80731.45000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2708.17000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Gasoline RBOB Jan23</othIndName>
                    <identifiers>
                      <ticker value="XBF3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>76047.45000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3391.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Nickel MAR23</othIndName>
                    <identifiers>
                      <ticker value="LNH3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>98056.11000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1343.61000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Month SOFR Fut  Mar24</othIndName>
                    <identifiers>
                      <ticker value="SFRH4 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-341757.30000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2791.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX WTI Crude Nov22</othIndName>
                    <identifiers>
                      <ticker value="CLX2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-746051.28000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>79943.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Heating Oil Apr23</othIndName>
                    <identifiers>
                      <ticker value="HOJ3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>95668.03000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-10445.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Month SOFR Fut  Sep23</othIndName>
                    <identifiers>
                      <ticker value="SFRU3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-508388.25000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>3456.63000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Months Euribor Future Mar24</othIndName>
                    <identifiers>
                      <ticker value="ERH4 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-565501.17000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>4315.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Months Euribor Future Sep24</othIndName>
                    <identifiers>
                      <ticker value="ERU4 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-565851.04000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>4166.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Gasoline RBOB Nov22</othIndName>
                    <identifiers>
                      <ticker value="XBX2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-123342.77000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>934.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NYMEX Heating Oil Mar23</othIndName>
                    <identifiers>
                      <ticker value="HOH3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>78514.61000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-8768.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Month SOFR Fut  Dec22</othIndName>
                    <identifiers>
                      <ticker value="SFRZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-508476.50000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2905.43000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Aluminium HG SEP23</othIndName>
                    <identifiers>
                      <ticker value="LAU23 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>65726.17000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-4354.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CMX silver Dec22</othIndName>
                    <identifiers>
                      <ticker value="SIZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>93732.36000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>6064.67000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3 Months Euribor Future Dec22</othIndName>
                    <identifiers>
                      <ticker value="ERZ2 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>-593483.62000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2448.66000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LME Zinc JAN23</othIndName>
                    <identifiers>
                      <ticker value="LXF3 Comdty"/>
                    </identifiers>
                    <othIndNotAmt>93579.34000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-12315.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Performance</otherRecDesc>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.50000000"/>
            <terminationDt>2023-06-12</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-6799962.56000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-349244.24000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Newell Brands Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NWL 3.85 04/01/23</title>
        <cusip>651229AV8</cusip>
        <identifiers>
          <isin value="US651229AV81"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300034.80000000</valUSD>
        <pctVal>6.414757348169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Skyworks Solutions, Inc.</name>
        <lei>549300WZ3ORQ2BVKBD96</lei>
        <title>SWKS 0.9 06/01/23</title>
        <cusip>83088MAJ1</cusip>
        <identifiers>
          <isin value="US83088MAJ18"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>218367.67000000</valUSD>
        <pctVal>4.668710482034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ares Capital Corporation</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
        <title>ARCC 3 1/2 02/10/23</title>
        <cusip>04010LAU7</cusip>
        <identifiers>
          <isin value="US04010LAU70"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223893.96000000</valUSD>
        <pctVal>4.786862807650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dell International L.L.C. and EMC Corporation</name>
        <lei>N/A</lei>
        <title>DELL 5.45 06/15/23</title>
        <cusip>25272KAG8</cusip>
        <identifiers>
          <isin value="US25272KAG85"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>225592.13000000</valUSD>
        <pctVal>4.823169757663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>L3 Harris Technologies Inc</name>
        <lei>549300UTE50ZMDBG8A20</lei>
        <title>LHX 3.85 06/15/23</title>
        <cusip>502431AJ8</cusip>
        <identifiers>
          <isin value="US502431AJ86"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>224017.32000000</valUSD>
        <pctVal>4.789500249928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mylan Inc</name>
        <lei>30ZMPDNA1RHIBH89C294</lei>
        <title>VTRS 3 1/8 01/15/23</title>
        <cusip>628530AV9</cusip>
        <identifiers>
          <isin value="US628530AV91"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223840.67000000</valUSD>
        <pctVal>4.785723465083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prospect Capital Corporation</name>
        <lei>549300FSD8T39P5Q0O47</lei>
        <title>PSEC 5 7/8 03/15/23</title>
        <cusip>74348TAJ1</cusip>
        <identifiers>
          <isin value="US74348TAJ16"/>
        </identifiers>
        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>174791.67000000</valUSD>
        <pctVal>3.737053666879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mohawk Industries, Inc.</name>
        <lei>549300JI1115MG3Q6322</lei>
        <title>MHK 3.85 02/01/23</title>
        <cusip>608190AJ3</cusip>
        <identifiers>
          <isin value="US608190AJ33"/>
        </identifiers>
        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>134918.29000000</valUSD>
        <pctVal>2.884559031752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>O'Reilly Automotive Inc.</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>ORLY 3.85 06/15/23</title>
        <cusip>67103HAD9</cusip>
        <identifiers>
          <isin value="US67103HAD98"/>
        </identifiers>
        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>173962.19000000</valUSD>
        <pctVal>3.719319347642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equifax Inc.</name>
        <lei>5493004MCF8JDC86VS77</lei>
        <title>EFX 3.95 06/15/23</title>
        <cusip>294429AN5</cusip>
        <identifiers>
          <isin value="US294429AN54"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223906.01000000</valUSD>
        <pctVal>4.787120437185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Tower Corporation</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMT 3 06/15/23</title>
        <cusip>03027XAQ3</cusip>
        <identifiers>
          <isin value="US03027XAQ34"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>222194.14000000</valUSD>
        <pctVal>4.750520580563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>US BANK MMDA</name>
        <lei>N/A</lei>
        <title>US BANK MMDA-USBGFS 5</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="8AMMF0A92"/>
        </identifiers>
        <balance>345277.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>345277.13000000</valUSD>
        <pctVal>7.382040372724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="CASH" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Leidos Inc</name>
        <lei>5493006I78VIN6J1BQ95</lei>
        <title>LDOS 2.95 05/15/23</title>
        <cusip>52532XAB1</cusip>
        <identifiers>
          <isin value="US52532XAB10"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>221872.90000000</valUSD>
        <pctVal>4.743652455097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Global Payments Inc</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>TSS 4 06/01/23</title>
        <cusip>891906AE9</cusip>
        <identifiers>
          <isin value="US891906AE92"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223359.94000000</valUSD>
        <pctVal>4.775445436335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Western Union Company</name>
        <lei>28ID94QU1140NC23S047</lei>
        <title>WU 4 1/4 06/09/23</title>
        <cusip>959802AX7</cusip>
        <identifiers>
          <isin value="US959802AX73"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>224116.70000000</valUSD>
        <pctVal>4.791624998741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-10-28</ncom:dateSigned>
      <ncom:nameOfApplicant>MUTUAL FUND SERIES TRUST</ncom:nameOfApplicant>
      <ncom:signature>Erik Naviloff</ncom:signature>
      <ncom:signerName>Erik Naviloff</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
