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      <regStreet1>6256 Greenwich Dr</regStreet1>
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      <assetsInvested>0.00000000</assetsInvested>
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        <name>Amgen Inc.</name>
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        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <name>BBVA Mexico SA</name>
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        <name>BBCMS Mortgage Trust 2020-C6</name>
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        <title>BBCMS 2018-TALL A</title>
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        <name>Bbcms Mortgage Trust 2018-CBM</name>
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        <name>BPCE SA</name>
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        <name>BX TRUST</name>
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        <name>BX TRUST 2022-CLS</name>
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        <name>Banco de Credito e Inversiones Miami Branch</name>
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        <name>Banco Mercantil del Norte S.A.</name>
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        <name>Bank of America Corp.</name>
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        <name>Bank of America Corp.</name>
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        <name>The Bank of New York Mellon Corp.</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
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        <name>The Bank of New York Mellon Corp.</name>
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        <name>Bayport Polymers LLC</name>
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        <name>Berry Global Inc</name>
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        <name>Black Hills Corporation</name>
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        <name>Blackstone Private Credit Fund</name>
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        <name>Blackstone Private Credit Fund</name>
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      <invstOrSec>
        <name>Blackrock Inc.</name>
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          <maturityDt>2054-03-14</maturityDt>
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        <name>Blue Owl Finance Llc</name>
        <lei>254900OF2NO2GYFV5T41</lei>
        <title>OWL 3 1/8 06/10/31</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BlueLinx Holdings Inc.</name>
        <lei>549300YSX7GU28F5I540</lei>
        <title>BXC 6 11/15/29</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>The Boeing Company</name>
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        <title>BA 5.93 05/01/60</title>
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        <name>Booz Allen Hamilton Inc</name>
        <lei>549300D7XCH2480XU542</lei>
        <title>BAH 4 07/01/29</title>
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        <name>Booz Allen Hamilton Inc</name>
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        <title>BAH 5.95 08/04/33</title>
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        <name>Brazil (Federative Republic)</name>
        <lei>254900ZFY40OYEADAP90</lei>
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        <name>Brazil (Federative Republic)</name>
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        <name>Bridgecrest Lending Auto Securitization Trust 2025-1</name>
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        <name>British Airways PLC</name>
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        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
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        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
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        <name>Buckeye Partners LP</name>
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        <name>Builders Firstsource, Inc.</name>
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        <name>Bunker Hill Loan Depositary Trust 2019-3</name>
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        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
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        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
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        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
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        <title>CHTR 6 3/8 09/01/29</title>
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        <name>CCG RECEIVABLES TRUST 2024-1</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CENT TRUST 2023-CITY</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CF HIPPOLYTA ISSUER LLC</name>
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        <name>Community Health Systems Incorporated</name>
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        <name>CLI FUNDING VI LLC</name>
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        <name>CIM TRUST 2022-R2</name>
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        <name>CMS Energy Corporation</name>
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        <name>Commercial Mortgage Trust</name>
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        <name>CSC Holdings, LLC</name>
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        <name>CRH America Finance, Inc.</name>
        <lei>549300WEVUODRJ4CWK56</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.</name>
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        <name>Citigroup Inc.</name>
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        <name>Deutsche Bank AG New York Branch</name>
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        <name>EXETER AUTOMOBILE RECEIVABLES TRUST 2024-5</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Jp Morgan Mtg Tr 2017-5</name>
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        <name>MetLife Inc.</name>
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        <name>MILL CITY MORTGAGE LOAN TRUST</name>
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        <name>Molina Healthcare, Inc.</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>J.P. MORGAN SEASONED MORTGAGE TRUST 2024-1</name>
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        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <name>Nabors Industries, Inc.</name>
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        <name>NNN REIT Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-15</maturityDt>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
        <lei>4NYF266XZC35SCTGX023</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-04-30</maturityDt>
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        <name>NatWest Group PLC</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.47500000</annualizedRt>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM3</name>
        <lei>213800HBIGZVLLQA9I67</lei>
        <title>NRZT 2024-NQM3 A1</title>
        <cusip>647910AC2</cusip>
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          <isin value="US647910AC29"/>
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        <balance>256367.24000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Residential Mortgage Loan Trust-2017</name>
        <lei>N/A</lei>
        <title>NRZT 2017-2A A3</title>
        <cusip>64829KBV1</cusip>
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          <isin value="US64829KBV17"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>New Resi Mtg Ln Tr 2016-4</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>New Residential Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>NRZT 2018-1A A1A</title>
        <cusip>64830GAB2</cusip>
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          <isin value="US64830GAB23"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <title>NRZT 2021-NQ2R A1</title>
        <cusip>64831EAA8</cusip>
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          <isin value="US64831EAA82"/>
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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2022-NQM2</name>
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        <name>New York State Electric &amp; Gas Corporation</name>
        <lei>549300GEC6J0YHUXA160</lei>
        <title>AGR 5.85 08/15/33</title>
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        <name>Newell Brands Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NWL 6 3/8 09/15/27</title>
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        <name>NextEra Energy Capital Holdings Inc</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NEE 6 1/2 08/15/55</title>
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        <name>Nippon Life Insurance Co.</name>
        <lei>549300Y0HHMFW3EVWY08</lei>
        <title>NIPLIF 6 1/4 09/13/53</title>
        <cusip>654579AM3</cusip>
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        <invCountry>JP</invCountry>

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        <name>Nippon Life Insurance Co.</name>
        <lei>549300Y0HHMFW3EVWY08</lei>
        <title>NIPLIF 6 1/2 04/30/55</title>
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        <name>Nissan Motor Acceptance Co LLC</name>
        <lei>7D6DIU2QXTUJRFNNJA49</lei>
        <title>NSANY 7.05 09/15/28</title>
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          <maturityDt>2028-09-15</maturityDt>
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        <name>Northern Trust Corporation</name>
        <lei>549300GLF98S992BC502</lei>
        <title>NTRS 3 3/8 05/08/32</title>
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        <name>PROGRESS RESIDENTIAL TRUST</name>
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        <name>Prudential Financial, Inc.</name>
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        <name>Prudential Financial, Inc.</name>
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        <name>Prudential Financial, Inc.</name>
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        <name>Puget Energy Inc</name>
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        <name>PURCHASING POWER FUNDING 2024-A LLC</name>
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        <name>RCKT MORTGAGE TRUST</name>
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        <name>South Bow Canadian Infrastructure Holdings Ltd.</name>
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        <name>Southern California Edison Company</name>
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        <name>Block Inc</name>
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        <name>STAR 2025-SFR5 TRUST</name>
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        <name>State Street Corp.</name>
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        <name>Stellantis Finance Us Inc</name>
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        <name>Williams Companies Inc. (The)</name>
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        <name>The Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
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        <curCd>USD</curCd>
        <valUSD>445583.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2082-10-31</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Mortgage Trust 2016-1</name>
        <lei>N/A</lei>
        <title>TPMT 2016-4 B1</title>
        <cusip>89172UAE8</cusip>
        <identifiers>
          <isin value="US89172UAE82"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130258.80000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Towd Pt Mtg Tr 2017-1</name>
        <lei>N/A</lei>
        <title>TPMT 2017-1 M1</title>
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          <isin value="US89173FAC41"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112660.03000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.75000100</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>TPMT 2017-4 A2</title>
        <cusip>89173UAB3</cusip>
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          <isin value="US89173UAB35"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>555521.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.99999900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>TPMT 2017-6 A2</title>
        <cusip>89175JAB6</cusip>
        <identifiers>
          <isin value="US89175JAB61"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>152387.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.99999900</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TPMT 2018-6 A1B</title>
        <cusip>89176LAB0</cusip>
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          <isin value="US89176LAB09"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134743.25000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.75000100</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TPMT 2018-6 A2</title>
        <cusip>89176LAC8</cusip>
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          <isin value="US89176LAC81"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>270329.10000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.75000100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TPMT 2019-HY2 M1</title>
        <cusip>89177HAC6</cusip>
        <identifiers>
          <isin value="US89177HAC60"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267132.19000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.04109200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TPMT 2019-2 A2</title>
        <cusip>89177JAB4</cusip>
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          <isin value="US89177JAB44"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>229327.98000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.75000100</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TPMT 2019-4 A2</title>
        <cusip>89178BAB0</cusip>
        <identifiers>
          <isin value="US89178BAB09"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212050.11000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.25000100</annualizedRt>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2021-1</name>
        <lei>N/A</lei>
        <title>TPMT 2021-1 A2</title>
        <cusip>89179YAW3</cusip>
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          <isin value="US89179YAW30"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>304537.86000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2024-1</name>
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        <title>TPMT 2024-1 A1</title>
        <cusip>89182NAA0</cusip>
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          <isin value="US89182NAA00"/>
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        <balance>516959.30000000</balance>
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        <curCd>USD</curCd>
        <valUSD>522627.91000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2064-03-25</maturityDt>
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      <invstOrSec>
        <name>TransCanada Trust</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>TRPCN 5.6 03/07/2082</title>
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          <isin value="US89356BAG32"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2082-03-07</maturityDt>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TDG 6 5/8 03/01/32</title>
        <cusip>893647BV8</cusip>
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          <isin value="US893647BV82"/>
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        <balance>185000.00000000</balance>
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        <valUSD>189738.69000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

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          <maturityDt>2032-03-01</maturityDt>
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      <invstOrSec>
        <name>Tricon American Homes 2019-Sfr1</name>
        <lei>N/A</lei>
        <title>TAH 2019-SFR1 C</title>
        <cusip>89612LAC0</cusip>
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          <isin value="US89612LAC00"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

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          <maturityDt>2038-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.14900000</annualizedRt>
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      <invstOrSec>
        <name>TRICON AMERICAN HOMES TRUST</name>
        <lei>N/A</lei>
        <title>TAH 2020-SFR2 D</title>
        <cusip>89613JAG5</cusip>
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          <isin value="US89613JAG58"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>188393.46000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

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          <maturityDt>2027-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.28100000</annualizedRt>
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      <invstOrSec>
        <name>TRICON RESIDENTIAL 2021-SFR1</name>
        <lei>N/A</lei>
        <title>TCN 2021-SFR1 B</title>
        <cusip>89614YAB2</cusip>
        <identifiers>
          <isin value="US89614YAB20"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155304.13000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.24400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Truist Financial Corp.</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>TFC 5.122 01/26/34</title>
        <cusip>89788MAM4</cusip>
        <identifiers>
          <isin value="US89788MAM47"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63590.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>UBS Group AG</name>
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        <name>United Air Lines, Inc.</name>
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        <name>United Air Lines, Inc.</name>
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        <name>UNITED AUTO CREDIT SECURITIZATION TRUST 2022-2</name>
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        <name>Mexico (United Mexican States)</name>
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        <name>United States Treasury Bonds</name>
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        <name>Veralto Corp.</name>
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          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2024-1</name>
        <lei>N/A</lei>
        <title>WLAKE 2024-1A B</title>
        <cusip>96043RAE7</cusip>
        <identifiers>
          <isin value="US96043RAE71"/>
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        <balance>446000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>448745.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Windsor Holdings III LLC</name>
        <lei>254900IXUJZ9H146T437</lei>
        <title>UNVR 8 1/2 06/15/30</title>
        <cusip>97360AAA5</cusip>
        <identifiers>
          <isin value="US97360AAA51"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136972.03000000</valUSD>
        <pctVal>0.064512813043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>MOUNT VERNON LIQUID ASSETS PORTFOLIO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="CASHCOLLREINV"/>
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        <balance>0.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="REINVESTED COLLATERAL" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="2733017.50000000" isCashCollateral="Y"/>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Virgin Media</name>
        <lei>213800IQ982XX69LE276</lei>
        <title>VMED TL N 1LD</title>
        <cusip>G9368PBC7</cusip>
        <identifiers>
          <isin value="XAG9368PBC77"/>
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        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>311177.48000000</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>2028-01-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.41844100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mega Broadband Investments Holdings</name>
        <lei>254900W09ZHD1OM4I757</lei>
        <title>MEGBRO TL B 1L USD</title>
        <cusip>26943PAB5</cusip>
        <identifiers>
          <isin value="US26943PAB58"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.86528000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TricorBraun</name>
        <lei>2549009AB5YVVW5J1U62</lei>
        <title>KRAIND TL 1L USD</title>
        <cusip>00184NAB3</cusip>
        <identifiers>
          <isin value="US00184NAB38"/>
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        <balance>147455.74000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145641.30000000</valUSD>
        <pctVal>0.068595975093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.04964000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PetSmart</name>
        <lei>N/A</lei>
        <title>PETM TL B 1L USD</title>
        <cusip>71677HAL9</cusip>
        <identifiers>
          <isin value="US71677HAL96"/>
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        <balance>81468.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80534.70000000</valUSD>
        <pctVal>0.037931248041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.17384000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Parts Authority</name>
        <lei>N/A</lei>
        <title>PAIHOL TL 1L USD</title>
        <cusip>69315JAG8</cusip>
        <identifiers>
          <isin value="US69315JAG85"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.59698000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nielsen</name>
        <lei>549300VG15T3VCYZ4531</lei>
        <title>NLSN TL B 1L USD</title>
        <cusip>64069JAC6</cusip>
        <identifiers>
          <isin value="US64069JAC62"/>
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        <balance>254.45000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>225.26000000</valUSD>
        <pctVal>0.000106095793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.75827900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Breezeline (fka Atlantic Broadband)</name>
        <lei>549300SM780G0XC48K12</lei>
        <title>CCACN TL B 1L USD</title>
        <cusip>19239BAD0</cusip>
        <identifiers>
          <isin value="US19239BAD01"/>
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        <balance>216884.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>213359.88000000</valUSD>
        <pctVal>0.100490925406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.93516000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DIRECTV</name>
        <lei>N/A</lei>
        <title>DTV TL 1L USD</title>
        <cusip>25460HAD4</cusip>
        <identifiers>
          <isin value="US25460HAD44"/>
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        <balance>104203.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101116.85000000</valUSD>
        <pctVal>0.047625288459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.09698100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CDK Global</name>
        <lei>N/A</lei>
        <title>CDK TL B 1L USD</title>
        <cusip>15477BAE7</cusip>
        <identifiers>
          <isin value="US15477BAE74"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.54917100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GoDaddy</name>
        <lei>5493005GJOH8HLL11157</lei>
        <title>GDDY TL B7 1L USD</title>
        <cusip>38017BAW6</cusip>
        <identifiers>
          <isin value="US38017BAW63"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.99674000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Univision Communications/Televisa</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>UVN TL B 1L USD</title>
        <cusip>914908BD9</cusip>
        <identifiers>
          <isin value="US914908BD90"/>
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        <balance>228275.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220000.03000000</valUSD>
        <pctVal>0.103618386943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.29964200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TransDigm</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TDG TL J 1L USD</title>
        <cusip>89364MCA0</cusip>
        <identifiers>
          <isin value="US89364MCA09"/>
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        <balance>192688.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191011.16000000</valUSD>
        <pctVal>0.089964843584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.10367100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ineos Group</name>
        <lei>5493008MHJ4R367SNK31</lei>
        <title>INEGRP TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAG4768PAN15"/>
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        <balance>107416.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100810.02000000</valUSD>
        <pctVal>0.047480773798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.93516000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Harbor Freight</name>
        <lei>549300Y48HLCFTTB4249</lei>
        <title>HARFRE TL B 1L USD</title>
        <cusip>41151PAR6</cusip>
        <identifiers>
          <isin value="US41151PAR64"/>
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        <balance>93925.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87680.87000000</valUSD>
        <pctVal>0.041297041255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.82384000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medline Industries</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDIND TL 1L USD</title>
        <cusip>58503UAF0</cusip>
        <identifiers>
          <isin value="US58503UAF03"/>
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        <balance>205769.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204621.84000000</valUSD>
        <pctVal>0.096375373195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.93515900</annualizedRt>
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      <invstOrSec>
        <name>Scientific Games Lottery</name>
        <lei>549300W5GPFXXB6TQ330</lei>
        <title>SCGALO TL B 1L USD</title>
        <cusip>80875CAE7</cusip>
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          <isin value="US80875CAE75"/>
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        <balance>0.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.58972200</annualizedRt>
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      <invstOrSec>
        <name>Clarios (Power Solutions)</name>
        <lei>549300474L1ZLXZY2P98</lei>
        <title>POWSOL TL B 1L USD</title>
        <cusip>C8000CAP8</cusip>
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          <isin value="XAC8000CAP86"/>
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        <balance>0.00000000</balance>
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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>
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          <maturityDt>2030-05-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.82384000</annualizedRt>
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      <invstOrSec>
        <name>Medforth/St. George's University</name>
        <lei>N/A</lei>
        <title>STGEOR TL B 1L USD</title>
        <cusip>N/A</cusip>
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          <ticker value="STGEOR"/>
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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>
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          <maturityDt>2029-02-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.43515900</annualizedRt>
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      <invstOrSec>
        <name>Iron Mountain</name>
        <lei>5493009M0X1LQXGBWV02</lei>
        <title>IRM TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US46284NAV10"/>
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        <balance>172489.96000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171972.49000000</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>2031-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.68516000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amentum (AECOM management business)</name>
        <lei>N/A</lei>
        <title>AECMAN TL B 1L USD</title>
        <cusip>02351XAB4</cusip>
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          <isin value="US02351XAB47"/>
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        <balance>184350.00000000</balance>
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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>
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          <maturityDt>2031-07-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.93515900</annualizedRt>
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      <invstOrSec>
        <name>Instructure Holdings</name>
        <lei>N/A</lei>
        <title>INST TL B 1L USD</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="7TCQKP7"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.20059800</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Del Monte Foods Inc</name>
        <lei>549300U9K7TD84Q24R17</lei>
        <title>DELMFD TL 1L USD</title>
        <cusip>24521WAC3</cusip>
        <identifiers>
          <isin value="US24521WAC38"/>
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        <balance>52259.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31943.59000000</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>2028-08-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.26569100</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Del Monte Foods Inc</name>
        <lei>549300U9K7TD84Q24R17</lei>
        <title>DELMFD TL 1L USD</title>
        <cusip>24521WAB5</cusip>
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          <isin value="US24521WAB54"/>
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        <balance>60911.46000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58627.28000000</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>2028-08-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>13.16569000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Del Monte Foods Inc</name>
        <lei>549300U9K7TD84Q24R17</lei>
        <title>DELMFD PIK-TERM 1L USD</title>
        <cusip>24521WAD1</cusip>
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          <isin value="US24521WAD11"/>
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        <balance>119865.75000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25021.98000000</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>2028-08-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.34664000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terex</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>TEX TL 1L USD</title>
        <cusip>88078FBM9</cusip>
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          <isin value="US88078FBM95"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185000.00000000</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>2031-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.68516000</annualizedRt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>FMUONE TL B2 1L USD</title>
        <cusip>L2465BAX4</cusip>
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          <isin value="XAL2465BAX46"/>
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        <balance>68333.34000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68162.85000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.20060100</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TransDigm</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TDG TL 1L USD</title>
        <cusip>89364MCD4</cusip>
        <identifiers>
          <isin value="US89364MCD48"/>
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        <balance>0.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.31963200</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Froneri</name>
        <lei>213800NRSZ1N2Y6LEX44</lei>
        <title>ICECR TL B 1L USD</title>
        <cusip>G3679YAK8</cusip>
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          <isin value="XAG3679YAK82"/>
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        <balance>185000.00000000</balance>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-18</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Formula One</name>
        <lei>N/A</lei>
        <title>FMUONE TL B1 1L USD</title>
        <cusip>L2465BAW6</cusip>
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          <isin value="XAL2465BAW62"/>
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        <balance>136666.66000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136325.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.60367100</annualizedRt>
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      <invstOrSec>
        <name>Thunder Generation</name>
        <lei>N/A</lei>
        <title>THUNGE TL B 1L USD</title>
        <cusip>88604KAB6</cusip>
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          <isin value="US88604KAB61"/>
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        <balance>83553.64000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83605.86000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.39958500</annualizedRt>
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      <invstOrSec>
        <name>Belron</name>
        <lei>N/A</lei>
        <title>BELRON TL B 1L USD</title>
        <cusip>08078UAM5</cusip>
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          <isin value="US08078UAM53"/>
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        <balance>278600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>278290.75000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-02</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>John Bean Technologies</name>
        <lei>5493007CT6ATBZ2L6826</lei>
        <title>JBT TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="JBTM"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149887.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-09</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EPIC Crude Services</name>
        <lei>549300FRS682IQ7J9S42</lei>
        <title>EPICRU TL B 1L USD</title>
        <cusip>29428XAG5</cusip>
        <identifiers>
          <isin value="US29428XAG51"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>190034.20000000</valUSD>
        <pctVal>0.089504702650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.30198100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Life Time Fitness</name>
        <lei>549300PALKE96VYH4X17</lei>
        <title>LTH TL B 1L USD</title>
        <cusip>50218KAM0</cusip>
        <identifiers>
          <isin value="US50218KAM09"/>
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        <balance>104187.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103705.63000000</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>2031-10-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.30400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cornerstone Generation</name>
        <lei>N/A</lei>
        <title>LGHTGN TL B 1L USD</title>
        <cusip>21924NAB4</cusip>
        <identifiers>
          <isin value="US21924NAB47"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.05399900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>StandardAero Aviation Holdings</name>
        <lei>549300L1RCRPOAUCB870</lei>
        <title>DAEAVI TL B1 1L USD</title>
        <cusip>26812CAN6</cusip>
        <identifiers>
          <isin value="US26812CAN65"/>
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        <balance>226781.10000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>225830.89000000</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>2031-10-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.00920000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dynasty Acquisition Co Inc</name>
        <lei>549300L1RCRPOAUCB870</lei>
        <title>DAEAVI TL B2 1L USD</title>
        <cusip>26812CAP1</cusip>
        <identifiers>
          <isin value="US26812CAP14"/>
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        <balance>86260.30000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85898.87000000</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>2031-10-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.00920000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Construction Partners</name>
        <lei>549300MHLFL4E8JLZU44</lei>
        <title>ROAD TL B 1L USD</title>
        <cusip>21043XAH5</cusip>
        <identifiers>
          <isin value="US21043XAH52"/>
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        <balance>239400.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>238103.65000000</valUSD>
        <pctVal>0.112145058063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.25919800</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UKG</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>ULTI TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ULTI"/>
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        <balance>129145.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>128852.12000000</valUSD>
        <pctVal>0.060688395491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.61721100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WestJet Airlines</name>
        <lei>N/A</lei>
        <title>KESTRE TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="7TNJ7C1"/>
        </identifiers>
        <balance>54725.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54821.86000000</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>2031-10-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.25919900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citadel Enterprise</name>
        <lei>549300NV5RXBUS3X7L47</lei>
        <title>CITSEC TL B 1L USD</title>
        <cusip>17288YAN2</cusip>
        <identifiers>
          <isin value="US17288YAN22"/>
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        <balance>188125.54000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>188092.62000000</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>2031-10-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.71766800</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TKO Group Holdings (UFC)</name>
        <lei>N/A</lei>
        <title>ZUFFAL TL B 1L USD</title>
        <cusip>90266UAK9</cusip>
        <identifiers>
          <isin value="US90266UAK97"/>
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        <balance>119425.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119443.51000000</valUSD>
        <pctVal>0.056257009769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.89050100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Select Medical</name>
        <lei>549300X05KS0JKR8CB50</lei>
        <title>SEM TL B 1L USD</title>
        <cusip>816194AY0</cusip>
        <identifiers>
          <isin value="US816194AY05"/>
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        <balance>184537.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>184480.29000000</valUSD>
        <pctVal>0.086888852118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.62209900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ellucian</name>
        <lei>549300RP8NIJ7FY7OS79</lei>
        <title>DAEL TL B 1L USD</title>
        <cusip>28917XAB6</cusip>
        <identifiers>
          <isin value="US28917XAB64"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.59510000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Caesars Entertainment Inc</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>CZR TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CZR"/>
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        <balance>49200.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48634.20000000</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>2030-02-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.77080100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Charter Communications Operating</name>
        <lei>549300TPZNMN50BJ3745</lei>
        <title>CHTR TL B5 1L USD</title>
        <cusip>16117LCE7</cusip>
        <identifiers>
          <isin value="US16117LCE74"/>
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        <balance>309225.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308510.69000000</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>2031-11-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.85930000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Westinghouse Electric Co</name>
        <lei>5493002M6GRSU1IWMG57</lei>
        <title>WECHOL TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="WECHOL"/>
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        <balance>200376.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>198811.34000000</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>2031-01-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.86049800</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Radnet</name>
        <lei>549300T3TJ6A0P5TXM13</lei>
        <title>RDNT TL B 1L USD</title>
        <cusip>75049EAR5</cusip>
        <identifiers>
          <isin value="US75049EAR53"/>
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        <balance>0.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>0.00000000</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>2031-04-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.83849900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TransUnion</name>
        <lei>X8NPN6PWJOM1QCTYFV34</lei>
        <title>TRUN TL B9 1L USD</title>
        <cusip>89334GBG8</cusip>
        <identifiers>
          <isin value="US89334GBG82"/>
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        <balance>199375.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>198540.62000000</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>2031-06-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.36050200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mauser Packaging</name>
        <lei>N/A</lei>
        <title>BWY TL B1 1L USD</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="7TNJ668"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>ADT Corp</name>
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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>
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        <name>BrightSpring Health Services/PharMerica</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Husky Injection Molding</name>
        <lei>N/A</lei>
        <title>HUSKYI TL B 1L USD</title>
        <cusip>N/A</cusip>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Perrigo</name>
        <lei>549300POZGC78VHAAJ73</lei>
        <title>PRGO TL B 1L USD</title>
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          <isin value="US71429TAF75"/>
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        <curCd>USD</curCd>
        <valUSD>0.00000000</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>2029-04-20</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Gates Industrial (Gates Global)</name>
        <lei>N/A</lei>
        <title>GTES TL B5 1L USD</title>
        <cusip>N/A</cusip>
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          <isin value="US36740UAY82"/>
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        <balance>203724.25000000</balance>
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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>2031-06-04</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CHG Healthcare</name>
        <lei>54930016Y1HPAVB9PZ54</lei>
        <title>COMHEA TL B1 1L USD</title>
        <cusip>12541HAW3</cusip>
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          <isin value="US12541HAW34"/>
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        <balance>101725.57000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-29</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Indicor (Roper Industrial)</name>
        <lei>254900RXO1EICEHOLG29</lei>
        <title>ROPIND TL B 1L USD</title>
        <cusip>77669LAK9</cusip>
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          <isin value="US77669LAK98"/>
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        <balance>0.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.27400200</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lummus Technology</name>
        <lei>N/A</lei>
        <title>ILLBUY TL B 1L USD</title>
        <cusip>45232UAG3</cusip>
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          <isin value="US45232UAG31"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.39710000</annualizedRt>
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      <invstOrSec>
        <name>frontdoor</name>
        <lei>5493008RB0JZJI3QGZ06</lei>
        <title>FTDR TL B 1L USD</title>
        <cusip>35905CAK1</cusip>
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          <isin value="US35905CAK18"/>
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        <balance>119700.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.77540200</annualizedRt>
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      <invstOrSec>
        <name>Flutter Entertainment</name>
        <lei>635400VFWPBIKJK6GN11</lei>
        <title>FLTR TL B 1L USD</title>
        <cusip>N3313EAG5</cusip>
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          <isin value="XAN3313EAG51"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.27540100</annualizedRt>
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      <invstOrSec>
        <name>Simon &amp; Schuster</name>
        <lei>N/A</lei>
        <title>SIMSCH TL 1L USD</title>
        <cusip>15651FAD8</cusip>
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          <isin value="US15651FAD87"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>WhiteWater DBR</name>
        <lei>N/A</lei>
        <title>WHIDBR TL B1 1L USD</title>
        <cusip>96616PAD0</cusip>
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          <isin value="US96616PAD06"/>
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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>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Calpine Corp</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
        <title>CPN TL B10 1L USD</title>
        <cusip>N/A</cusip>
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          <ticker value="CPNL"/>
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        <balance>310000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>Altafiber (Cincinnati Bell)</name>
        <lei>549300JYVZOCUJOHL272</lei>
        <title>CBB TL B2 1L USD</title>
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          <isin value="US17187MAT71"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freeport LNG Investments</name>
        <lei>549300LR5YVRZH4YPQ33</lei>
        <title>FLIQII TL B 1L USD</title>
        <cusip>35670CAC2</cusip>
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          <isin value="US35670CAC29"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-21</maturityDt>
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        <name>GIP Pilot Acquisition Partners</name>
        <lei>254900NQOAOPPA12X060</lei>
        <title>GIPPAP TL B 1L USD</title>
        <cusip>31773HAE2</cusip>
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          <isin value="US31773HAE27"/>
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        <balance>263745.92000000</balance>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Clarios (Power Solutions)</name>
        <lei>549300474L1ZLXZY2P98</lei>
        <title>POWSOL TL B 1L USD</title>
        <cusip>C8000CAP8</cusip>
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          <isin value="XAC8000CAP86"/>
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        <balance>205000.00000000</balance>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>7.07492200</annualizedRt>
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      <invstOrSec>
        <name>WorldPay</name>
        <lei>254900S8RE1OL7TTCU64</lei>
        <title>WRLDPY TL B 1L USD</title>
        <cusip>92943EAG1</cusip>
        <identifiers>
          <isin value="US92943EAG17"/>
        </identifiers>
        <balance>235000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>234803.78000000</valUSD>
        <pctVal>0.110590843700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.30860000</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>Hub International</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HBGCN TL B 1L USD</title>
        <cusip>44332EAZ9</cusip>
        <identifiers>
          <isin value="US44332EAZ97"/>
        </identifiers>
        <balance>213925.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212799.75000000</valUSD>
        <pctVal>0.100227108319</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.78690000</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>Oryx Southern Delaware Holdings</name>
        <lei>254900YYHRDANYFAHC43</lei>
        <title>ORYSOU TL B 1L USD</title>
        <cusip>68764JAJ0</cusip>
        <identifiers>
          <isin value="US68764JAJ07"/>
        </identifiers>
        <balance>205627.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204053.67000000</valUSD>
        <pctVal>0.096107769327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.55210100</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>Chobani</name>
        <lei>549300ISVDMZ91KNTR38</lei>
        <title>CHBANI TL B 1L USD</title>
        <cusip>17026YAK5</cusip>
        <identifiers>
          <isin value="US17026YAK55"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.80209900</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>Endeavor</name>
        <lei>N/A</lei>
        <title>EDR TL B 1L USD</title>
        <cusip>26875YAB8</cusip>
        <identifiers>
          <isin value="US26875YAB83"/>
        </identifiers>
        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94089.43000000</valUSD>
        <pctVal>0.044315425616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.55520100</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>Applied Systems</name>
        <lei>549300NSKGF0SY5SWQ62</lei>
        <title>APPSYS TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="APPSYS"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.04319800</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>Hilcorp Energy</name>
        <lei>549300ITPIHLG0LHEC09</lei>
        <title>HILCRP TL B 1L USD</title>
        <cusip>431319AH5</cusip>
        <identifiers>
          <isin value="US431319AH53"/>
        </identifiers>
        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74062.50000000</valUSD>
        <pctVal>0.034882889711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.31059800</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>BEACON ROOFING SUPPLY, INC.</name>
        <lei>N/A</lei>
        <title>QXO TL B 1L USD</title>
        <cusip>07368RAJ0</cusip>
        <identifiers>
          <isin value="US07368RAJ05"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40007.20000000</valUSD>
        <pctVal>0.018843095294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.31990200</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>North American Bancard</name>
        <lei>549300G4QOYNTNBXSH82</lei>
        <title>TL B 1L USD</title>
        <cusip>66345FAB7</cusip>
        <identifiers>
          <isin value="US66345FAB76"/>
        </identifiers>
        <balance>206367.58000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204672.27000000</valUSD>
        <pctVal>0.096399125352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.80230100</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>Quikrete</name>
        <lei>5493007KIN86DIZWZT22</lei>
        <title>QUIKHO TL B1 1L USD</title>
        <cusip>74839XAM1</cusip>
        <identifiers>
          <isin value="US74839XAM11"/>
        </identifiers>
        <balance>128372.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>126159.17000000</valUSD>
        <pctVal>0.059420035958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.57492100</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>Minimax Viking</name>
        <lei>549300Z5C6IXF1KV0Z78</lei>
        <title>MINVIK TL B 1L USD</title>
        <cusip>55404TAF9</cusip>
        <identifiers>
          <isin value="US55404TAF93"/>
        </identifiers>
        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>174562.50000000</valUSD>
        <pctVal>0.082217646383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.56010000</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 Airlines</name>
        <lei>N/A</lei>
        <title>AAL TL B 1L USD</title>
        <cusip>02376CBS3</cusip>
        <identifiers>
          <isin value="US02376CBS35"/>
        </identifiers>
        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>156964.00000000</valUSD>
        <pctVal>0.073928883047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.54316900</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>Newly Weds Foods</name>
        <lei>N/A</lei>
        <title>NWFOOD TL B 1L USD</title>
        <cusip>75701MAE5</cusip>
        <identifiers>
          <isin value="US75701MAE57"/>
        </identifiers>
        <balance>215000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>214193.75000000</valUSD>
        <pctVal>0.100883672008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.57349900</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>Action Nederland B.V.</name>
        <lei>7245002S0K5Q59JCVQ03</lei>
        <title>ACTINA TL B4B 1L USD</title>
        <cusip>N6872NAM8</cusip>
        <identifiers>
          <isin value="XAN6872NAM82"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.82269800</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>Energizer Holdings</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>ENR TL B 1L USD</title>
        <cusip>29267YAW2</cusip>
        <identifiers>
          <isin value="US29267YAW21"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100041.50000000</valUSD>
        <pctVal>0.047118806563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.32270200</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>Opella (Sanofi consumer healthcare)</name>
        <lei>N/A</lei>
        <title>OPALBD TL B 1L USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="OPALBD"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.57210000</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>Madison Air</name>
        <lei>549300IXDNBXNHUPBU73</lei>
        <title>MADIAQ TL 1L USD</title>
        <cusip>55759VAD0</cusip>
        <identifiers>
          <isin value="US55759VAD01"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.56920200</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>2025-05-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Dunham Funds</ncom:nameOfApplicant>
      <ncom:signature>James Colantino</ncom:signature>
      <ncom:signerName>James Colantino</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
