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        <name>Advancion Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wand NewCo 3 Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eyecare Partners LLC</name>
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      <invstOrSec>
        <name>Discovery Energy Holding Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Altar Bidco Inc</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Aveanna Healthcare LLC</name>
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        <title>Aveanna Healthca 07/17/28</title>
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          <isin value="US05549DAJ72"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-17</maturityDt>
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        <name>Aveanna Healthcare LLC</name>
        <lei>5493006D6JRLPIY8YV18</lei>
        <title>Aveanna Healthca 12/10/29</title>
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          <isin value="US05355JAD00"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-10</maturityDt>
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      <invstOrSec>
        <name>OSCAR ACQUISITIONCO LLC</name>
        <lei>N/A</lei>
        <title>Oscar AcquisitionCo LLC / Oscar Finance Inc</title>
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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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      <invstOrSec>
        <name>Ten-X LLC</name>
        <lei>N/A</lei>
        <title>Auction.com LLC 05/26/28</title>
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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>ConnectWise LLC</name>
        <lei>N/A</lei>
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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>VISTA MANAGEMENT HOLDING</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MajorDrive Holdings IV LLC</name>
        <lei>25490044R1FR5N8FIT62</lei>
        <title>MajorDrive Holdi 06/01/29</title>
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        <invCountry>US</invCountry>
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        <name>Eyecare Partners LLC</name>
        <lei>254900ZAACWK09RJ8W93</lei>
        <title>EyeCare Partner 11/30/28</title>
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        <name>Fiesta Purchaser Inc</name>
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        <title>Fiesta Purchaser 02/12/31</title>
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        <name>Foundation Building Materials Inc</name>
        <lei>549300ZVE6MONHB01I28</lei>
        <title>FOUNDATION BUILD 01/31/31</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Fiesta Purchaser Inc</name>
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        <invCountry>US</invCountry>
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        <name>Dexko Global Inc</name>
        <lei>549300SMZ4OV1KBH1M19</lei>
        <title>DEXKO G 10/04/28</title>
        <cusip>25213YBC8</cusip>
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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>Realtruck Group Inc</name>
        <lei>54930007KT5CX7XNSD31</lei>
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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>2028-01-31</maturityDt>
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      <invstOrSec>
        <name>STARLIGHT PARENT LLC</name>
        <lei>N/A</lei>
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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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        <name>LABL Inc</name>
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        <title>MULTI-COLOR (LAB 10/27/28</title>
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          <isin value="US50168EAN22"/>
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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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        <name>CP Iris Holdco I Inc</name>
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          <isin value="US12659EAC21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-02</maturityDt>
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      <invstOrSec>
        <name>Foundation Building Materials 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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          <maturityDt>2031-01-29</maturityDt>
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        <name>FOUNDATION BUILDING M</name>
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        <title>FOUNDATION BUILDING MATERIALS INC</title>
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          <isin value="US35039KAE64"/>
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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>2031-01-29</maturityDt>
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        <name>Advancion Holdings LLC</name>
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        <title>Aruba Investment 11/24/28</title>
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          <isin value="US04317JAF57"/>
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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>2028-11-24</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Skopima Consilio Parent LLC</name>
        <lei>N/A</lei>
        <title>Skopima Consilio 05/12/28</title>
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          <isin value="US36171NAG16"/>
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        <balance>146996.67000000</balance>
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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>2028-05-17</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Infinite Bidco LLC</name>
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        <title>Infinite Bidc 03/02/29</title>
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          <isin value="US45674KAF21"/>
          <other otherDesc="LoanX ID" value="LX192661"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-02</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>DORNOCH DEBT MERGER SUB</name>
        <lei>N/A</lei>
        <title>Dornoch Debt Merger Sub Inc</title>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>GLOVES BUYER INC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Clover Holdings 2 LLC</name>
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        <name>Eyecare Partners LLC</name>
        <lei>254900ZAACWK09RJ8W93</lei>
        <title>EyeCare Partner 11/30/28</title>
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        <invCountry>US</invCountry>
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        <name>Sweetwater Borrower LLC</name>
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        <title>Sweetwater Borro 08/07/28</title>
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        <name>SM Wellness Holdings Inc</name>
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        <title>SM Wellness Hold 04/17/28</title>
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        <invCountry>US</invCountry>
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          <couponKind>Floating</couponKind>
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        <name>Nexus Buyer LLC</name>
        <lei>254900PILSANV8WOOF24</lei>
        <title>Nexus Buye 11/05/29</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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      <invstOrSec>
        <name>Mavis Tire Express Services Topco Corp</name>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HP PHRG Borrower LLC</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Infinite Bidco LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <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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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-11</maturityDt>
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      <invstOrSec>
        <name>DG INVESTMENT INTERMEDI</name>
        <lei>N/A</lei>
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          <isin value="US23344MAC29"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-31</maturityDt>
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      <invstOrSec>
        <name>Cloudera Inc</name>
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          <isin value="US74339VAE83"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Learning Care Group US No 2 Inc</name>
        <lei>5493000VMN44LK8QID23</lei>
        <title>Learning Care Gr 08/11/28</title>
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          <isin value="US52200MAL46"/>
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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>Learning Care Group US No 2 Inc</name>
        <lei>5493000VMN44LK8QID23</lei>
        <title>Learning Care Gr 08/11/28</title>
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          <isin value="US52200MAL46"/>
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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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        <name>RLG Holdings LLC</name>
        <lei>254900Y6CDN3X5BPSO77</lei>
        <title>RESOURCE LABEL 07/07/28</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>
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          <couponKind>Floating</couponKind>
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        <name>Performance Health Holdings Inc</name>
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        <title>PERFORMANCE HEAL 02/28/32</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LEARNING CARE GROUP US N</name>
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          <isin value="US52200MAL46"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Learning Care Group US No 2 Inc</name>
        <lei>5493000VMN44LK8QID23</lei>
        <title>Learning Care G 08/11/28</title>
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        <name>REAL HERO MERGER SUB 2</name>
        <lei>N/A</lei>
        <title>Real Hero Merger Sub 2 Inc</title>
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          <other otherDesc="SEDOL" value="BMF88D1"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>WH Borrower LLC</name>
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        <title>WH Borrowe 02/12/32</title>
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        <invCountry>US</invCountry>
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        <name>Clover Holdings 2 LLC</name>
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        <invCountry>US</invCountry>
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        <name>Dexko Global Inc</name>
        <lei>549300SMZ4OV1KBH1M19</lei>
        <title>DEXKO GLOBAL 10/04/28</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SCIH SALT HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>SCIH Salt Holdings Inc</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Engineered Machinery Holdings Inc</name>
        <lei>5493008AR0NPSLW8EW07</lei>
        <title>DURAVANT (ENGINE 05/21/28</title>
        <cusip>26658NAP4</cusip>
        <identifiers>
          <isin value="US26658NAP42"/>
          <other otherDesc="LoanX ID" value="LX197003"/>
        </identifiers>
        <balance>63643.77000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63572.17000000</valUSD>
        <pctVal>0.716188794017</pctVal>
        <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>8.25330000</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>Lsf12 Crown US Commercial Bidco LLC</name>
        <lei>254900FI2OCFTJ9PAJ18</lei>
        <title>Lsf12 Crown Us C 12/02/31</title>
        <cusip>50221UAC5</cusip>
        <identifiers>
          <isin value="US50221UAC53"/>
          <other otherDesc="LoanX ID" value="LX248262"/>
        </identifiers>
        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178525.00000000</valUSD>
        <pctVal>2.011219759399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.57420000</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>FIESTA PURCHASER INC</name>
        <lei>N/A</lei>
        <title>Fiesta Purchaser Inc</title>
        <cusip>31659AAB2</cusip>
        <identifiers>
          <isin value="US31659AAB26"/>
          <other otherDesc="SEDOL" value="BQXJLF7"/>
        </identifiers>
        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68130.86000000</valUSD>
        <pctVal>0.767545900332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asurion LLC</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>ASURION LLC 01/22/29</title>
        <cusip>04649VBA7</cusip>
        <identifiers>
          <isin value="US04649VBA70"/>
          <other otherDesc="LoanX ID" value="LX196395"/>
        </identifiers>
        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>253343.75000000</valUSD>
        <pctVal>2.854109821708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.68440000</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>Clydesdale Acquisition Holdings Inc</name>
        <lei>254900QKSDYFR3K5YD98</lei>
        <title>CLYDESDALE ACQUI 04/13/29</title>
        <cusip>18972FAC6</cusip>
        <identifiers>
          <isin value="US18972FAC68"/>
          <other otherDesc="LoanX ID" value="LX203629"/>
        </identifiers>
        <balance>36153.72000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35948.19000000</valUSD>
        <pctVal>0.404983671993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.49920000</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>Kaseya Inc</name>
        <lei>254900MISXMLRZ63NH46</lei>
        <title>KASEY 03/05/33</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX259601"/>
        </identifiers>
        <balance>165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>161769.30000000</valUSD>
        <pctVal>1.822454068753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.31990000</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>Nexus Buyer LLC</name>
        <lei>254900PILSANV8WOOF24</lei>
        <title>Nexus Buye 07/31/31</title>
        <cusip>65343UAH5</cusip>
        <identifiers>
          <isin value="US65343UAH59"/>
          <other otherDesc="LoanX ID" value="LX258128"/>
        </identifiers>
        <balance>80792.97000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80664.11000000</valUSD>
        <pctVal>0.908742483721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.82420000</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>Clear Channel Outdoor Holdings Inc</name>
        <lei>N/A</lei>
        <title>Clear Channel Ou 08/21/28</title>
        <cusip>18452RAF2</cusip>
        <identifiers>
          <isin value="US18452RAF29"/>
          <other otherDesc="LoanX ID" value="LX227627"/>
        </identifiers>
        <balance>138790.16000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135008.13000000</valUSD>
        <pctVal>1.520969156900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.43440000</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>White Cap Supply Holdings LLC</name>
        <lei>254900L2N0T6GULCL366</lei>
        <title>WHIT 10/07/29</title>
        <cusip>96350TAH3</cusip>
        <identifiers>
          <isin value="US96350TAH32"/>
          <other otherDesc="LoanX ID" value="LX235238"/>
        </identifiers>
        <balance>19950.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19495.84000000</valUSD>
        <pctVal>0.219635449567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.57880000</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>DTI Holdco Inc</name>
        <lei>549300QQVMUL3P8XVJ27</lei>
        <title>DTI HOLDCO 04/26/29</title>
        <cusip>23358EAK5</cusip>
        <identifiers>
          <isin value="US23358EAK55"/>
          <other otherDesc="LoanX ID" value="LX258779"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34502.48000000</valUSD>
        <pctVal>0.388696650465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.32880000</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>2025-06-24</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>
