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        <name>Veritiv Operating Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CP Iris Holdco I Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHARLOTTE BUYER INC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Project Alpha Intermediate Holding Inc</name>
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        <name>Sedgwick Claims Management Services Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mitchell International Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Autokiniton US Holdings Inc</name>
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        <title>AUTOKINITON US H 04/06/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>JetBlue Airways Corp</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BCP VI SUMMIT HOLDINGS L</name>
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        <title>BCP VI SUMMIT HOLDINGS L</title>
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        <name>JetBlue Airways Corp</name>
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        <name>Dragon Buyer Inc</name>
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        <name>BAFFINLAND IRON CORP/LP</name>
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        <name>ALLIANT HOLDINGS INTERMEDI</name>
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        <title>ALLIANT HOLDINGS INTERMEDI</title>
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        <name>TRIO BIDCO INC</name>
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        <name>Mavis Tire Express Services Topco Corp</name>
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        <title>MAVIS TIRE EXPRE 05/04/28</title>
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        <name>QNITY ELECTRONICS INC</name>
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        <name>MAJORDRIVE HOLDINGS IV L</name>
        <lei>25490044R1FR5N8FIT62</lei>
        <title>MajorDrive Holdings IV LLC</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Performance Health Holdings Inc</name>
        <lei>254900ZAQ0N9AHY1Q982</lei>
        <title>PERFORMANCE HEAL 02/28/32</title>
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          <isin value="US71377KAD37"/>
          <other otherDesc="LoanX ID" value="LX259393"/>
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        <curCd>USD</curCd>
        <valUSD>241943.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-19</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Global Medical Response Inc</name>
        <lei>549300ZFWD4ZFCEJCQ87</lei>
        <title>GLOB MED RESPONS 09/11/32</title>
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          <isin value="US37956SAB07"/>
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        <curCd>USD</curCd>
        <valUSD>150808.50000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.53100000</annualizedRt>
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      <invstOrSec>
        <name>CNT Holdings I Corp</name>
        <lei>254900SYIEHMSB69WT08</lei>
        <title>CNT HLDGS I 11/08/32</title>
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          <isin value="US12656AAF66"/>
          <other otherDesc="LoanX ID" value="LX258427"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25071.75000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.10380000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPARTA US HOLDCO LLC</name>
        <lei>5493004EFF9NBQ1A8453</lei>
        <title>SPARTA US HOLDCO LLC</title>
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          <isin value="US84673EAE95"/>
          <other otherDesc="LoanX ID" value="LX256063"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53241.93000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.96840000</annualizedRt>
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      <invstOrSec>
        <name>First Eagle Holdings Inc</name>
        <lei>549300ZKYR56QRODD510</lei>
        <title>GC FERRY ACQUISI 06/04/32</title>
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          <isin value="US32009UAD90"/>
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        <balance>17403.56000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17397.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.53220000</annualizedRt>
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      <invstOrSec>
        <name>SCIH SALT HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>SCIH Salt Holdings Inc</title>
        <cusip>78433BAB4</cusip>
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          <isin value="US78433BAB45"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69439.09000000</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>6.62500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Engineered Machinery Holdings Inc</name>
        <lei>5493008AR0NPSLW8EW07</lei>
        <title>DURAVANT (ENGINE 05/21/28</title>
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          <isin value="US26658NAP42"/>
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        <balance>63314.87000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63718.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.92310000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRIO BIDCO INC</name>
        <lei>N/A</lei>
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        <balance>3062.29000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3049.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.97730000</annualizedRt>
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      <invstOrSec>
        <name>KNOWBE4 INC</name>
        <lei>64883ZJ0RS5039H4PN24</lei>
        <title>KNOWBE4 INC</title>
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        <curCd>USD</curCd>
        <valUSD>55000.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-26</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>PHRG INTERMEDIATE LLC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>PatientPoint Health Technologies LLC</name>
        <lei>N/A</lei>
        <title>PATIENTPOINT TER 11/01/32</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-29</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>WAND NEWCO 3 INC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AthenaHealth Group Inc</name>
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        <title>ATHENAHEALTH GRO 02/14/29</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Cyberswift BV</name>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Clear Channel Outdoor Holdings Inc</name>
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        <title>Clear Channel Ou 08/21/28</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-23</maturityDt>
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        <name>White Cap Supply Holdings LLC</name>
        <lei>254900L2N0T6GULCL366</lei>
        <title>WHIT 10/07/29</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-29</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>COVETRUS INC</name>
        <lei>5493009S30DUFCF75V87</lei>
        <title>Covetrus Inc</title>
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        <name>Eyecare Partners LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Great Outdoors Group LLC</name>
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        <name>Infinite Bidco LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>International Entertainment JJCo 3 Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MCGRAW-HILL EDUCATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DORNOCH DEBT MERGER SUB</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aveanna Healthcare LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CROWN SUBSEA COMMUNICATI</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bausch + Lomb Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MajorDrive Holdings IV LLC</name>
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        <name>Engineered Machinery Holdings Inc</name>
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        <name>LIFEPOINT HEALTH INC</name>
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        <name>Starlight Parent LLC</name>
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        <name>HUNTER DOUGLA 01/31/32</name>
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        <name>IRIS HOLDING INC</name>
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        <title>Iris Holding Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FERTITTA ENTERTAINMENT</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>SCIL IV LLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Heartland Dental LLC</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HUB International Ltd</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>First Eagle Holdings Inc</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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        <name>Red Planet Borrower LLC</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MH Sub I LLC</name>
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          <isin value="US55303BAD55"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-23</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Lsf12 Crown US Commercial Bidco LLC</name>
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        <title>LSF12 CROWN US C 12/02/31</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-02</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>ATHENAHEALTH GROUP INC</name>
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        <title>AthenaHealth Group 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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          <couponKind>Fixed</couponKind>
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        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
        <title>CoreWeave Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>OLYMPUS WTR US HLDG CORP</name>
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        <title>OLYMPUS WATER US HOLDING CORP</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Eyecare Partners LLC</name>
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        <title>EyeCare Partner 11/30/28</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Covetrus Inc</name>
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        <name>AMERITEX HOLDCO INTERMED</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Infinite Bidco LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Learning Care Group US No 2 Inc</name>
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        <title>Learning Care Gr 08/11/28</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Learning Care Group US No 2 Inc</name>
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        <title>Learning Care Gr 08/11/28</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>Learning Care Group US No 2 Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Learning Care Group US No 2 Inc</name>
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        <title>Learning Care G 08/11/28</title>
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        <name>WH Borrower LLC</name>
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        <name>Cengage Learning Inc</name>
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        <name>REAL HERO MERGER SUB 2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clydesdale Acquisition Holdings Inc</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cengage Learning Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kaseya Inc</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Fiesta Purchaser Inc</name>
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          <isin value="US31659LAF94"/>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Fiesta Purchaser Inc</name>
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          <isin value="US31659LAF94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-12</maturityDt>
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      <invstOrSec>
        <name>Raven Acquisition Holdings LLC</name>
        <lei>N/A</lei>
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          <isin value="US75419XAC83"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-20</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>MEDLINE BORROWER LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDLINE BORROWER LP</title>
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          <isin value="US58503UAJ25"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-23</maturityDt>
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      <invstOrSec>
        <name>Apple Bidco LLC</name>
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        <title>ATLANTIC AVIATIO 09/23/31</title>
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          <isin value="US48254EAG61"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-23</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SCIH SALT HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>SCIH SALT HOLDINGS INC</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-31</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>HP PHRG Borrower LLC</name>
        <lei>N/A</lei>
        <title>PHRG INTERMEDIAT 02/28/32</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-20</maturityDt>
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        <name>Arsenal AIC Parent LLC</name>
        <lei>N/A</lei>
        <title>ARSENAL AIC PARE 08/18/30</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-19</maturityDt>
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        <name>SC GAMES HOLDIN/US FINCO</name>
        <lei>N/A</lei>
        <title>Scientific Games Holdings LP/Scientific Games US FinCo Inc</title>
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        <name>VC GB Holdings I Corp</name>
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        <title>VISUAL COMFORT ( 06/30/28</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Eyecare Partners LLC</name>
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        <title>EyeCare Partner 11/15/29</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>Altar Bidco Inc</name>
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        <title>Altar Bidc 02/01/30</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
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      <invstOrSec>
        <name>KnowBe4 Inc</name>
        <lei>64883ZJ0RS5039H4PN24</lei>
        <title>KNOWBE 07/22/32</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-26</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Fortress Intermediate 3 Inc</name>
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      <invstOrSec>
        <name>GC FERRY ACQUISITION I</name>
        <lei>549300ZKYR56QRODD510</lei>
        <title>GC FERRY ACQUISITION I</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ten-X LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bingo Holdings I LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Kestra Advisor Services Holdings A Inc</name>
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          <isin value="US49255BAK08"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wand NewCo 3 Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Emrld Borrower LP</name>
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          <isin value="US26872NAD12"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WULF COMPUTE LLC</name>
        <lei>N/A</lei>
        <title>WULF Compute LLC</title>
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          <isin value="US982911AA70"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MajorDrive Holdings IV LLC</name>
        <lei>25490044R1FR5N8FIT62</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BEACH ACQUISITION BIDCO</name>
        <lei>254900F2FNX3GBTB6202</lei>
        <title>BEACH ACQUISITION BIDCO</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Raven Acquisition Holdings LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>LAVENDER US HOLDCO 1 INC</name>
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        <name>Clover Holdings 2 LLC</name>
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        <name>Sweetwater Borrower LLC</name>
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        <name>SGH 09/30/32</name>
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        <name>GC FERRY ACQUISITION I</name>
        <lei>549300ZKYR56QRODD510</lei>
        <title>GC FERRY ACQUISITION I</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Advancion Holdings LLC</name>
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        <title>Aruba Investment 11/24/27</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VERSANT MEDIA GROUP INC</name>
        <lei>N/A</lei>
        <title>VERSANT MEDIA GROUP INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX273603"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34927.20000000</valUSD>
        <pctVal>0.345122326113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.53690000</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>Varsity Brands Inc</name>
        <lei>254900PLBJA0I5NSTT38</lei>
        <title>Varsity Brand 08/26/31</title>
        <cusip>92227QAG1</cusip>
        <identifiers>
          <isin value="US92227QAG10"/>
          <other otherDesc="LoanX ID" value="LX269902"/>
        </identifiers>
        <balance>44487.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44643.21000000</valUSD>
        <pctVal>0.441128074404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.03100000</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>DREYFUS TRSY OBLIG CASH M</name>
        <lei>N/A</lei>
        <title>DREYFUS TRSY OBLIG CASH M</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="X9USDDRET"/>
        </identifiers>
        <balance>1356301.28000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1356301.28000000</valUSD>
        <pctVal>13.40187168349</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>KODIAK BP LLC</name>
        <lei>549300Y1Q6ZUH0EXO182</lei>
        <title>KODIAK BP LLC</title>
        <cusip>50011JAF7</cusip>
        <identifiers>
          <isin value="US50011JAF75"/>
          <other otherDesc="LoanX ID" value="LX254158"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49759.00000000</valUSD>
        <pctVal>0.491678171312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.91040000</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>TK ELEVATOR US NEWCO INC</name>
        <lei>549300C2AFWPAYWS5574</lei>
        <title>TK ELEVATOR US NEWCO INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAD9000BAJ17"/>
          <other otherDesc="LoanX ID" value="LX259605"/>
        </identifiers>
        <balance>49875.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50238.84000000</valUSD>
        <pctVal>0.496419561889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.98400000</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>Alliant Holdings Intermediate LLC</name>
        <lei>5493006Q26653NF8SI73</lei>
        <title>ALLIANT HLDGS IN 09/19/31</title>
        <cusip>01881UAN5</cusip>
        <identifiers>
          <isin value="US01881UAN54"/>
          <other otherDesc="LoanX ID" value="LX267284"/>
        </identifiers>
        <balance>24875.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24879.23000000</valUSD>
        <pctVal>0.245836417734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.48400000</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>CP Iris Holdco I Inc</name>
        <lei>25490024F0AS5UR7DB02</lei>
        <title>IPS DELAY-DRAW T 10/18/27</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX272515"/>
        </identifiers>
        <balance>13741.48000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13672.77000000</valUSD>
        <pctVal>0.135103248666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.98400000</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>DG Investment Intermediate Holdings 2 Inc</name>
        <lei>N/A</lei>
        <title>DG INVT INTER HL 07/22/33</title>
        <cusip>23344MAN8</cusip>
        <identifiers>
          <isin value="US23344MAN83"/>
          <other otherDesc="LoanX ID" value="LX266714"/>
        </identifiers>
        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>65243.75000000</valUSD>
        <pctVal>0.644685940022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.46460000</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>Engineered Machinery Holdings Inc</name>
        <lei>5493008AR0NPSLW8EW07</lei>
        <title>Engineered Machi 05/21/29</title>
        <cusip>26658NAQ2</cusip>
        <identifiers>
          <isin value="US26658NAQ25"/>
          <other otherDesc="LoanX ID" value="LX197098"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40200.00000000</valUSD>
        <pctVal>0.397223868782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.85380000</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>Windsor Holdings III LLC</name>
        <lei>254900IXUJZ9H146T437</lei>
        <title>WINDSOR HLDGS II 08/01/30</title>
        <cusip>97360BAH8</cusip>
        <identifiers>
          <isin value="US97360BAH87"/>
          <other otherDesc="LoanX ID" value="LX259143"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25020.88000000</valUSD>
        <pctVal>0.247236088406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.77370000</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 Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-12-22</ncom:dateSigned>
      <ncom:nameOfApplicant>FundVantage Trust</ncom:nameOfApplicant>
      <ncom:signature>Christine S. Catanzaro</ncom:signature>
      <ncom:signerName>Christine S. Catanzaro</ncom:signerName>
      <ncom:title>Treasurer and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
