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      <invstOrSec>
        <name>Suburban Propane Partners LP</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Ithaca Energy North Sea plc</name>
        <lei>213800BMMUN3AKWBIO91</lei>
        <title>Ithaca Energy North Sea plc</title>
        <cusip>46567TAA2</cusip>
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          <isin value="US46567TAA25"/>
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        <curCd>USD</curCd>
        <valUSD>208498.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-15</maturityDt>
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          <annualizedRt>9.37500000</annualizedRt>
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      <invstOrSec>
        <name>HCA, Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA, Inc.</title>
        <cusip>197677AG2</cusip>
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          <isin value="US197677AG24"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.69000000</annualizedRt>
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      <invstOrSec>
        <name>Levi Strauss &amp; Co.</name>
        <lei>MB0UERO0RDFKU8258G77</lei>
        <title>Levi Strauss &amp; Co.</title>
        <cusip>52736RBG6</cusip>
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          <isin value="US52736RBG65"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103429.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Olin Corp.</name>
        <lei>549300GKK294V7W57P06</lei>
        <title>Olin Corp.</title>
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          <isin value="US680665AL00"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105685.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Sirius XM Radio, Inc.</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>Sirius XM Radio, Inc.</title>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UPC Holding BV</name>
        <lei>213800G1DU7LKI6ZCD69</lei>
        <title>UPC Holding BV</title>
        <cusip>90320LAG2</cusip>
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          <isin value="US90320LAG23"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>322973.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Warrior Met Coal, Inc.</name>
        <lei>549300152B1S9YKBYV79</lei>
        <title>Warrior Met Coal, Inc.</title>
        <cusip>93627CAA9</cusip>
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          <isin value="US93627CAA99"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-01</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>EnPro Industries, Inc.</name>
        <lei>549300Y5CFT2LKCFDN54</lei>
        <title>EnPro Industries, Inc.</title>
        <cusip>29355XAG2</cusip>
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          <isin value="US29355XAG25"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105784.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Neptune Energy Bondco plc</name>
        <lei>549300CPMT8I2QBRYF88</lei>
        <title>Neptune Energy Bondco plc</title>
        <cusip>64073KAA1</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-15</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>GW B-CR Security Corp.</name>
        <lei>N/A</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
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        <name>Simmons Foods, Inc.</name>
        <lei>5493002Z1TVWRIL6NM97</lei>
        <title>Simmons Foods, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Core &amp; Main LP</name>
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        <name>Ascend Learning LLC</name>
        <lei>549300T466HKRLVCD610</lei>
        <title>Ascend Learning LLC</title>
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        <balance>200000.00000000</balance>
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      <invstOrSec>
        <name>Western Digital Corp.</name>
        <lei>549300QQXOOYEF89IC56</lei>
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        <name>Stena AB</name>
        <lei>213800CWLTI7WZCC2R35</lei>
        <title>Stena AB</title>
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        <invCountry>SE</invCountry>
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        <name>Compass Group Diversified Holdings LLC</name>
        <lei>549300I6PTUQPX21TE93</lei>
        <title>Compass Group Diversified Holdings LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Level 3 Financing, Inc.</name>
        <lei>N/A</lei>
        <title>Level 3 Financing, Inc.</title>
        <cusip>527298BN2</cusip>
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        <balance>100000.00000000</balance>
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        <valUSD>102937.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <name>j2 Cloud Services LLC</name>
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        <name>CSC Holdings LLC</name>
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        <name>ESH Hospitality, Inc.</name>
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        <name>Schweitzer-Mauduit International, Inc.</name>
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        <name>CDK Global, Inc.</name>
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        <name>Montage Resources Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Triumph Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ashton Woods USA LLC</name>
        <lei>N/A</lei>
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        <name>Nationstar Mortgage Holdings, Inc.</name>
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        <name>Intertape Polymer Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CCO Holdings LLC</name>
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        <name>Party City Holdings, Inc.</name>
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        <name>Vantage Drilling International</name>
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        <name>Allison Transmission, Inc.</name>
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        <name>Refinitiv US Holdings, Inc.</name>
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        <name>Sonic Automotive, Inc.</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>Sonic Automotive, Inc.</title>
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        <name>Diamond Offshore Drilling, Inc.</name>
        <lei>F14FQJ2EEHW5VPYUHL14</lei>
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      <invstOrSec>
        <name>Novelis Corp.</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>Novelis Corp.</title>
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      <invstOrSec>
        <name>DISH DBS Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-15</maturityDt>
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      <invstOrSec>
        <name>Antero Resources Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nielsen Finance LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Masonite International Corp.</name>
        <lei>549300H0H07ZFT4JYM32</lei>
        <title>Masonite International Corp.</title>
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          <isin value="US575385AB52"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
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      <invstOrSec>
        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-15</maturityDt>
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        <name>Flex Acquisition Co., Inc.</name>
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        <title>Flex Acquisition Co., Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
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          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>Century Communities, Inc.</name>
        <lei>5299002QMB2O7ZL1CA26</lei>
        <title>Century Communities, Inc.</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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        <name>PBF Holding Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>ASP AMC Merger Sub, Inc.</name>
        <lei>N/A</lei>
        <title>ASP AMC Merger Sub, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-15</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>J. Crew Brand LLC</name>
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        <name>Allegheny Technologies, Inc.</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
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        <name>Penske Automotive Group, Inc.</name>
        <lei>549300W7UTQ0M4C7LB15</lei>
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        <name>Denbury Resources, Inc.</name>
        <lei>549300KCWA5W52MS5559</lei>
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        <name>VeriSign, Inc.</name>
        <lei>LMPL4N8ZOJRMF0KOF759</lei>
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          <maturityDt>2027-07-15</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>ViacomCBS, Inc.</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>ViacomCBS, Inc.</title>
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        <name>APX Group, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-01</maturityDt>
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      <invstOrSec>
        <name>Mohegan Gaming &amp; Entertainment</name>
        <lei>549300UB083Z2NRDHC48</lei>
        <title>Mohegan Gaming &amp; Entertainment</title>
        <cusip>608328BF6</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-15</maturityDt>
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      <invstOrSec>
        <name>SRS Distribution, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Videotron Ltd.</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Harland Clarke Holdings Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-15</maturityDt>
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      <invstOrSec>
        <name>TMS International Holding Corp.</name>
        <lei>N/A</lei>
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          <isin value="US87261QAB95"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-15</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Whiting Petroleum Corp.</name>
        <lei>52990028CHK9KUB1B293</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-03-15</maturityDt>
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        <name>Kenan Advantage Group, Inc. (The)</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-31</maturityDt>
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      <invstOrSec>
        <name>MPT Operating Partnership LP</name>
        <lei>N/A</lei>
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        <cusip>55342UAJ3</cusip>
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          <isin value="US55342UAJ34"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <name>Aramark Services, Inc.</name>
        <lei>42YMHYH0XMHJEXDUB065</lei>
        <title>Aramark Services, Inc.</title>
        <cusip>038522AN8</cusip>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>364812.88000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>Hunt Cos., Inc.</name>
        <lei>549300ODPWDNCH5TKM49</lei>
        <title>Hunt Cos., Inc.</title>
        <cusip>445587AC2</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>Sigma Holdco BV</name>
        <lei>254900RAPCKVT00GAO59</lei>
        <title>Sigma Holdco BV</title>
        <cusip>82660CAA0</cusip>
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        <balance>310000.00000000</balance>
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        <valUSD>319873.50000000</valUSD>
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        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
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          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>Calumet Specialty Products Partners LP</name>
        <lei>N/A</lei>
        <title>Calumet Specialty Products Partners LP</title>
        <cusip>131477AT8</cusip>
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        <balance>150000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
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          <annualizedRt>11.00000000</annualizedRt>
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        <name>Team Health Holdings, Inc.</name>
        <lei>549300PVTQ4UDTTMQT11</lei>
        <title>Team Health Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-01</maturityDt>
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          <annualizedRt>6.37500000</annualizedRt>
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        <name>TransDigm UK Holdings plc</name>
        <lei>549300JTYP71LZZSE903</lei>
        <title>TransDigm UK Holdings plc</title>
        <cusip>89365DAB9</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.87500000</annualizedRt>
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        <name>Chesapeake Energy Corp.</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>Chesapeake Energy Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>11.50000000</annualizedRt>
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        <name>Guitar Center, Inc.</name>
        <lei>N/A</lei>
        <title>Guitar Center, Inc.</title>
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        <invCountry>US</invCountry>
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          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>Mauser Packaging Solutions Holding Co.</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>Mauser Packaging Solutions Holding Co.</title>
        <cusip>12429TAE4</cusip>
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        <balance>950000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Southwestern Energy Co.</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
        <title>Southwestern Energy Co.</title>
        <cusip>845467AN9</cusip>
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        <balance>55000.00000000</balance>
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        <valUSD>46063.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Diamond Offshore Drilling, Inc.</name>
        <lei>F14FQJ2EEHW5VPYUHL14</lei>
        <title>Diamond Offshore Drilling, Inc.</title>
        <cusip>25271CAM4</cusip>
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        <balance>90000.00000000</balance>
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        <valUSD>74174.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zayo Group LLC</name>
        <lei>N/A</lei>
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        <cusip>989194AP0</cusip>
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          <isin value="US989194AP01"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>511998.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Prime Security Services Borrower LLC</name>
        <lei>N/A</lei>
        <title>Prime Security Services Borrower LLC</title>
        <cusip>74166MAE6</cusip>
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          <isin value="US74166MAE66"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Cirsa Finance International Sarl</name>
        <lei>254900KUJN6DHWH2K029</lei>
        <title>Cirsa Finance International SARL</title>
        <cusip>50200RAA1</cusip>
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          <isin value="US50200RAA14"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116136.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EIG Investors Corp.</name>
        <lei>549300AWVC7LBOKRMB96</lei>
        <title>EIG Investors Corp.</title>
        <cusip>26854XAB5</cusip>
        <identifiers>
          <isin value="US26854XAB55"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103541.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Donnelley Financial Solutions, Inc.</name>
        <lei>549300O1NPY4J56QCU04</lei>
        <title>Donnelley Financial Solutions, Inc.</title>
        <cusip>25787GAC4</cusip>
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          <isin value="US25787GAC42"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187274.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vine Oil &amp; Gas LP</name>
        <lei>N/A</lei>
        <title>Vine Oil &amp; Gas LP</title>
        <cusip>927375AB1</cusip>
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          <isin value="US927375AB16"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US Foods, Inc.</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US Foods, Inc.</title>
        <cusip>90290MAB7</cusip>
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          <isin value="US90290MAB72"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102471.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southwestern Energy Co.</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
        <title>Southwestern Energy Co.</title>
        <cusip>845467AL3</cusip>
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          <isin value="US845467AL33"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171172.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.19999900</annualizedRt>
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      <invstOrSec>
        <name>Extraction Oil &amp; Gas, Inc.</name>
        <lei>5493002FL3WIE1JVUP20</lei>
        <title>Extraction Oil &amp; Gas, Inc.</title>
        <cusip>30227MAA3</cusip>
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          <isin value="US30227MAA36"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99583.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>L Brands, Inc.</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>L Brands, Inc.</title>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149152.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
        <lei>N/A</lei>
        <title>Allied Universal Holdco LLC</title>
        <cusip>019576AA5</cusip>
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        <balance>250000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>NCR Corp.</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR Corp.</title>
        <cusip>62886EAV0</cusip>
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          <isin value="US62886EAV02"/>
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        <curCd>USD</curCd>
        <valUSD>218600.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>Nuance Communications, Inc.</name>
        <lei>AEMSOT3SS15TNMJCE605</lei>
        <title>Nuance Communications, Inc.</title>
        <cusip>67020YAQ3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Banff Merger Sub, Inc.</name>
        <lei>549300DSDR5SWIGOZV63</lei>
        <title>Banff Merger Sub, Inc.</title>
        <cusip>05988LAA6</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Downstream Development Authority of the Quapaw Tribe of Oklahoma</name>
        <lei>549300NM30NX0VZ5ZB32</lei>
        <title>Downstream Development Authority of the Quapaw Tribe of Oklahoma</title>
        <cusip>26112TAJ5</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-15</maturityDt>
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          <annualizedRt>10.50000000</annualizedRt>
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        <name>DISH DBS Corp.</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp.</title>
        <cusip>25470XAL9</cusip>
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        <balance>625000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>DCP Midstream LP</name>
        <lei>52990024YYS3MLGW0E91</lei>
        <title>DCP Midstream LP, Series A</title>
        <cusip>23311PAA8</cusip>
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        <balance>250000.00000000</balance>
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        <valUSD>236686.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>Hudbay Minerals, Inc.</name>
        <lei>549300WI524AL577IX21</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Prime Security Services Borrower LLC</name>
        <lei>N/A</lei>
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          <isin value="US74166MAB28"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-15</maturityDt>
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      <invstOrSec>
        <name>Sealed Air Corp.</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
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          <isin value="US81211KAU43"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Transocean, Inc.</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>Transocean, Inc.</title>
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          <isin value="US893830BE80"/>
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        <curCd>USD</curCd>
        <valUSD>215297.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-15</maturityDt>
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          <annualizedRt>9.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MEG Energy Corp.</name>
        <lei>5493002WXPTG5ZC1T326</lei>
        <title>MEG Energy Corp.</title>
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          <isin value="US552704AC21"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373546.45000000</valUSD>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-31</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>IRB Holding Corp.</name>
        <lei>549300HVW4WNWYBXN830</lei>
        <title>IRB Holding Corp.</title>
        <cusip>44988MAA3</cusip>
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          <isin value="US44988MAA36"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Brand Industrial Services, Inc.</name>
        <lei>549300B658W2BPDQMW42</lei>
        <title>Brand Industrial Services, Inc.</title>
        <cusip>10524PAB6</cusip>
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          <isin value="US10524PAB67"/>
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        <curCd>USD</curCd>
        <valUSD>542624.40000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA, Inc.</title>
        <cusip>87264AAP0</cusip>
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          <isin value="US87264AAP03"/>
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        <balance>1170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1249911.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Flex Acquisition Co., Inc.</name>
        <lei>549300HHED2KGPBEDW39</lei>
        <title>Flex Acquisition Co., Inc.</title>
        <cusip>33936YAA3</cusip>
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          <isin value="US33936YAA38"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80499.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Telecom Italia Capital SA</name>
        <lei>549300777DJZOR5C4L39</lei>
        <title>Telecom Italia Capital SA</title>
        <cusip>87927VAR9</cusip>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>124260.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.20000000</annualizedRt>
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      <invstOrSec>
        <name>Shea Homes LP</name>
        <lei>N/A</lei>
        <title>Shea Homes LP</title>
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          <isin value="US82088KAD00"/>
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        <curCd>USD</curCd>
        <valUSD>103291.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>Clear Channel Worldwide Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Clear Channel Worldwide Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>9.25000000</annualizedRt>
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        <name>PGT Innovations, Inc.</name>
        <lei>549300LRW9WM59C1S579</lei>
        <title>PGT Innovations, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>William Carter Co. (The)</name>
        <lei>TGI2A0HXEYNQPU7TYV27</lei>
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        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
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        <name>Lamar Media Corp.</name>
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        <title>Lamar Media Corp.</title>
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        <name>Intelsat Jackson Holdings SA</name>
        <lei>8XJ8KF85PBKK1TLMFN29</lei>
        <title>Intelsat Jackson Holdings SA</title>
        <cusip>45824TAP0</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Summit Midstream Holdings LLC</name>
        <lei>N/A</lei>
        <title>Summit Midstream Holdings LLC</title>
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        <balance>300000.00000000</balance>
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        <valUSD>231625.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Emera, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2076-06-15</maturityDt>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
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        <title>TransDigm, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Vertiv Group Corp.</name>
        <lei>549300ZT8RQ5VK10E643</lei>
        <title>Vertiv Group Corp.</title>
        <cusip>220517AA4</cusip>
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          <isin value="US220517AA40"/>
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        <curCd>USD</curCd>
        <valUSD>429586.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-15</maturityDt>
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          <annualizedRt>9.25000000</annualizedRt>
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        <name>Dun &amp; Bradstreet Corp. (The)</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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          <annualizedRt>10.25000000</annualizedRt>
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        <name>Bruin E&amp;P Partners LLC</name>
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        <title>Bruin E&amp;P Partners LLC</title>
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          <isin value="US11680JAA07"/>
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        <curCd>USD</curCd>
        <valUSD>129333.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-01</maturityDt>
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          <annualizedRt>8.87500000</annualizedRt>
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        <name>International Game Technology plc</name>
        <lei>549300UQ6KHRCZDRGZ76</lei>
        <title>International Game Technology plc</title>
        <cusip>460599AD5</cusip>
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          <isin value="US460599AD57"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>224870.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Midas Intermediate Holdco II LLC</name>
        <lei>N/A</lei>
        <title>Midas Intermediate Holdco II LLC</title>
        <cusip>59563KAA8</cusip>
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          <isin value="US59563KAA88"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28771.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NGL Energy Partners LP</name>
        <lei>N/A</lei>
        <title>NGL Energy Partners LP</title>
        <cusip>62913TAN2</cusip>
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          <isin value="US62913TAN28"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291711.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>Norbord, Inc.</name>
        <lei>549300VL705RQ5PHI407</lei>
        <title>Norbord, Inc.</title>
        <cusip>65548PAF3</cusip>
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          <isin value="US65548PAF36"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210569.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>Northwest Acquisitions ULC</name>
        <lei>N/A</lei>
        <title>Northwest Acquisitions ULC</title>
        <cusip>66727WAA0</cusip>
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          <isin value="US66727WAA09"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205728.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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        <name>Icahn Enterprises LP</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP</title>
        <cusip>451102BT3</cusip>
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          <isin value="US451102BT32"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525777.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Teleflex, Inc.</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>Teleflex, Inc.</title>
        <cusip>879369AE6</cusip>
        <identifiers>
          <isin value="US879369AE63"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156802.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Dana Financing Luxembourg Sarl</name>
        <lei>222100DKCE3D036DQU13</lei>
        <title>Dana Financing Luxembourg Sarl</title>
        <cusip>235822AA1</cusip>
        <identifiers>
          <isin value="US235822AA14"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297612.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>HCA, Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA, Inc.</title>
        <cusip>404119AJ8</cusip>
        <identifiers>
          <isin value="US404119AJ84"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253569.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>PBF Logistics LP</name>
        <lei>N/A</lei>
        <title>PBF Logistics LP</title>
        <cusip>69318UAB1</cusip>
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          <isin value="US69318UAB17"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102999.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Sally Holdings LLC</name>
        <lei>N/A</lei>
        <title>Sally Holdings LLC</title>
        <cusip>79546VAL0</cusip>
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          <isin value="US79546VAL09"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>311125.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wyndham Destinations, Inc.</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>Wyndham Destinations, Inc.</title>
        <cusip>98310WAN8</cusip>
        <identifiers>
          <isin value="US98310WAN83"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>218819.50000000</valUSD>
        <pctVal>0.145422952466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.74999900</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>CF Industries, Inc.</name>
        <lei>5FVKT86LAD2F40NPC183</lei>
        <title>CF Industries, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Cedar Fair LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mack-Cali Realty LP</name>
        <lei>549300MJC9VNA6VSEE11</lei>
        <title>Mack-Cali Realty LP</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-15</maturityDt>
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        <name>Chobani LLC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>KB Home</name>
        <lei>549300LGUCWQURMWLG09</lei>
        <title>KB Home</title>
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          <isin value="US48666KAX72"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>117909.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Golden Nugget, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US38113YAC30"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Berry Global, Inc.</name>
        <lei>549300AP2Q7ERHX6RI89</lei>
        <title>Berry Global, Inc.</title>
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          <isin value="US085770AB14"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
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          <isin value="US251525AM33"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.29599900</annualizedRt>
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      <invstOrSec>
        <name>Magnolia Oil &amp; Gas Operating LLC</name>
        <lei>N/A</lei>
        <title>Magnolia Oil &amp; Gas Operating LLC</title>
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          <isin value="US559665AA25"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>EW Scripps Co. (The)</name>
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        <title>EW Scripps Co. (The)</title>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102791.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>SPX FLOW, Inc.</name>
        <lei>5493003YXEKRBINIEM78</lei>
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        <balance>100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Realogy Group LLC</name>
        <lei>N/A</lei>
        <title>Realogy Group LLC</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-01</maturityDt>
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          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Live Nation Entertainment, Inc.</name>
        <lei>5493007B9BM9ZXJINO78</lei>
        <title>Live Nation Entertainment, Inc.</title>
        <cusip>538034AN9</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>CVR Energy, Inc.</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVR Energy, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Plains All American Pipeline LP</name>
        <lei>5521FA2ITF25TVH63740</lei>
        <title>Plains All American Pipeline LP, Series B</title>
        <cusip>726503AE5</cusip>
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        <balance>200000.00000000</balance>
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        <valUSD>185609.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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        <name>FMG Resources August 2006 Pty. Ltd.</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FMG Resources August 2006 Pty. Ltd.</title>
        <cusip>30251GBA4</cusip>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>LPL Holdings, Inc.</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPL Holdings, Inc.</title>
        <cusip>50212YAB0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Cumulus Media New Holdings, Inc.</name>
        <lei>5493001D9VBAVY1OKJ46</lei>
        <title>Cumulus Media New Holdings, Inc.</title>
        <cusip>23110AAA4</cusip>
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        <balance>100000.00000000</balance>
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        <valUSD>105312.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
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        <name>Bed Bath &amp; Beyond, Inc.</name>
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        <name>CCO Holdings LLC</name>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
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        <name>Hilton Domestic Operating Co., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>Radiate Holdco LLC</name>
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        <name>BCPE Cycle Merger Sub II, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
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        <name>GFL Environmental, Inc.</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
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        <name>Chemours Co. (The)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-15</maturityDt>
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        <name>ServiceMaster Co. LLC (The)</name>
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        <title>ServiceMaster Co. LLC (The)</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-15</maturityDt>
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        <name>Credit Acceptance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Summit Midstream Holdings LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Change Healthcare Holdings LLC</name>
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        <name>CenturyLink, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
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        <name>Sprint Communications, Inc.</name>
        <lei>549300JKU50UT08ZWD77</lei>
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        <name>Big River Steel LLC</name>
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        <name>eG Global Finance plc</name>
        <lei>549300TL8Q5207VYET27</lei>
        <title>eG Global Finance plc</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Navient Corp.</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp.</title>
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        <invCountry>US</invCountry>
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        <name>Arconic, Inc.</name>
        <lei>549300HO5WFZUT5N2T22</lei>
        <title>Arconic, Inc.</title>
        <cusip>022249AU0</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CNX Resources Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-15</maturityDt>
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      <invstOrSec>
        <name>Oasis Petroleum, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SS&amp;C Technologies, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-30</maturityDt>
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      <invstOrSec>
        <name>Viking Cruises Ltd.</name>
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        <title>Viking Cruises Ltd.</title>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
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        <name>Telecom Italia Capital SA</name>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Golden Nugget, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-15</maturityDt>
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        <name>Avon Products, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-15</maturityDt>
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          <annualizedRt>6.99999800</annualizedRt>
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        <name>Boise Cascade Co.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-01</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Blackboard, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Xerox Corp.</name>
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          <maturityDt>2023-03-15</maturityDt>
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      <invstOrSec>
        <name>Colfax Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Univision Communications, Inc.</name>
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          <maturityDt>2023-05-15</maturityDt>
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        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ardonagh Midco 3 plc</name>
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        <title>Ardonagh Midco 3 plc</title>
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        <invCountry>GB</invCountry>
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          <maturityDt>2023-07-15</maturityDt>
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        <name>LGI Homes, Inc.</name>
        <lei>549300W02B4WNV8CV109</lei>
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        <name>Forestar Group, Inc.</name>
        <lei>549300BC2UB0GHV60V70</lei>
        <title>Forestar Group, Inc.</title>
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        <name>Asbury Automotive Group, Inc.</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>Asbury Automotive Group, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-15</maturityDt>
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      <invstOrSec>
        <name>Louisiana-Pacific Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-15</maturityDt>
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      <invstOrSec>
        <name>Hologic, Inc.</name>
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        <title>Hologic, Inc.</title>
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          <isin value="US436440AM32"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>SPCM SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
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          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Manitowoc Co., Inc. (The)</name>
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          <isin value="US563571AL27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>Moss Creek Resources Holdings, Inc.</name>
        <lei>54930037SLMSPWKYIX36</lei>
        <title>Moss Creek Resources Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
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          <annualizedRt>10.50000000</annualizedRt>
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      <invstOrSec>
        <name>Churchill Downs, Inc.</name>
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        <title>Churchill Downs, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Taylor Morrison Communities, Inc.</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>Taylor Morrison Communities, Inc.</title>
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          <isin value="US87724RAB87"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109784.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Encompass Health Corp.</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>Encompass Health Corp.</title>
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          <isin value="US29261AAA88"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206378.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Koninklijke KPN NV</name>
        <lei>549300YO0JZHAL7FVP81</lei>
        <title>Koninklijke KPN NV</title>
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          <isin value="US50048VAA89"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2073-03-28</maturityDt>
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      <invstOrSec>
        <name>JW Aluminum Continuous Cast Co.</name>
        <lei>N/A</lei>
        <title>JW Aluminum Continuous Cast Co.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>10.25000000</annualizedRt>
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        <name>Granite Merger Sub 2, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>11.00000000</annualizedRt>
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      <invstOrSec>
        <name>Six Flags Entertainment Corp.</name>
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        <title>Six Flags Entertainment Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Xerox Corp.</name>
        <lei>4KF48RN45X1OO8UBLY20</lei>
        <title>Xerox Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Cloud Crane LLC</name>
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        <name>Five Point Operating Co. LP</name>
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        <invCountry>US</invCountry>
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        <name>goeasy Ltd.</name>
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        <title>goeasy Ltd.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Gates Global LLC</name>
        <lei>N/A</lei>
        <title>Gates Global LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>PQ Corp.</name>
        <lei>2H1FRGMQKKSWC9PFJY28</lei>
        <title>PQ Corp.</title>
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        <balance>150000.00000000</balance>
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        <valUSD>154123.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ACE Cash Express, Inc.</name>
        <lei>N/A</lei>
        <title>ACE Cash Express, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-15</maturityDt>
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          <annualizedRt>12.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
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        <title>Tenet Healthcare Corp.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Virgin Media Secured Finance plc</name>
        <lei>213800X3RLP4NOTPY579</lei>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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      <invstOrSec>
        <name>Bausch Health Americas, Inc.</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
        <title>Bausch Health Americas, Inc.</title>
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          <isin value="US91911XAW48"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP</name>
        <lei>N/A</lei>
        <title>Tallgrass Energy Partners LP</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>AmWINS Group, Inc.</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>AmWINS Group, Inc.</title>
        <cusip>031921AA7</cusip>
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          <isin value="US031921AA74"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Whiting Petroleum Corp.</name>
        <lei>52990028CHK9KUB1B293</lei>
        <title>Whiting Petroleum Corp.</title>
        <cusip>966387AP7</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140500.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Commercial Metals Co.</name>
        <lei>549300OQS2LO07ZJ7N73</lei>
        <title>Commercial Metals Co.</title>
        <cusip>201723AN3</cusip>
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          <isin value="US201723AN37"/>
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        <curCd>USD</curCd>
        <valUSD>242620.68000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Peabody Energy Corp.</name>
        <lei>EJCO258LNNVSKAR2JX59</lei>
        <title>Peabody Energy Corp.</title>
        <cusip>70457LAB0</cusip>
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          <isin value="US70457LAB09"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104062.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-31</maturityDt>
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          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Hexion, Inc.</name>
        <lei>54930030FZF8HYAEHM46</lei>
        <title>Hexion, Inc.</title>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258131.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
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          <annualizedRt>7.87500000</annualizedRt>
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        <name>Michaels Stores, Inc.</name>
        <lei>BV4WJ23XIGNG4UDYEK73</lei>
        <title>Michaels Stores, Inc.</title>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>Oasis Petroleum, Inc.</name>
        <lei>529900FA4V2YNIKZ0M71</lei>
        <title>Oasis Petroleum, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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      <invstOrSec>
        <name>Cooke Omega Investments, Inc.</name>
        <lei>N/A</lei>
        <title>Cooke Omega Investments, Inc.</title>
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        <balance>100000.00000000</balance>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC</title>
        <cusip>1248EPCB7</cusip>
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        <balance>450000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-06-01</maturityDt>
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      <invstOrSec>
        <name>Terrier Media Buyer, Inc.</name>
        <lei>N/A</lei>
        <title>Terrier Media Buyer, Inc.</title>
        <cusip>88146LAA1</cusip>
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        <balance>750000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-15</maturityDt>
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      <invstOrSec>
        <name>Blue Racer Midstream LLC</name>
        <lei>N/A</lei>
        <title>Blue Racer Midstream LLC</title>
        <cusip>095796AA6</cusip>
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          <isin value="US095796AA63"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195776.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-15</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>Jefferies Finance LLC</name>
        <lei>N/A</lei>
        <title>Jefferies Finance LLC</title>
        <cusip>47232MAE2</cusip>
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          <isin value="US47232MAE21"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210974.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-03</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Fidelity &amp; Guaranty Life Holdings, Inc.</name>
        <lei>549300WCR5QBFH98VZ75</lei>
        <title>Fidelity &amp; Guaranty Life Holdings, Inc.</title>
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        <name>Genesys Telecommunications Laboratories, Inc.</name>
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        <name>Post Holdings, Inc.</name>
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        <name>NOVA Chemicals Corp.</name>
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        <name>Iron Mountain, Inc.</name>
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        <name>Signature Aviation US Holdings, Inc.</name>
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        <name>Resolute Forest Products, Inc.</name>
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          <maturityDt>2023-05-15</maturityDt>
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        <name>Staples, Inc.</name>
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        <name>Centene Corp.</name>
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        <name>Presidio Holdings, Inc.</name>
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        <name>National CineMedia LLC</name>
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        <name>Mattamy Group Corp.</name>
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        <name>Societe Generale SA</name>
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      <invstOrSec>
        <name>Energy Ventures Gom LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Builders FirstSource, Inc.</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource, Inc.</title>
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          <isin value="US12008RAM97"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA, Inc.</title>
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          <isin value="US87264AAV70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Delphi Technologies plc</name>
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        <title>Delphi Technologies plc</title>
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          <isin value="US24718PAA57"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
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      <invstOrSec>
        <name>HUB International Ltd.</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB International Ltd.</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Acrisure LLC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>10.12500000</annualizedRt>
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      <invstOrSec>
        <name>Parkland Fuel Corp.</name>
        <lei>549300Q72GWZCL8MQC95</lei>
        <title>Parkland Fuel Corp.</title>
        <cusip>70137TAP0</cusip>
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          <isin value="US70137TAP03"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212310.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
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          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Mauser Packaging Solutions Holding Co.</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>Mauser Packaging Solutions Holding Co.</title>
        <cusip>12429TAD6</cusip>
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          <isin value="US12429TAD63"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206592.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Hilcorp Energy I LP</name>
        <lei>N/A</lei>
        <title>Hilcorp Energy I LP</title>
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        <balance>300000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Surgery Center Holdings, Inc.</name>
        <lei>54930054EVI5HWPPW113</lei>
        <title>Surgery Center Holdings, Inc.</title>
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        <valUSD>446139.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
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          <annualizedRt>10.00000000</annualizedRt>
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        <name>Neon Holdings, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>10.12500000</annualizedRt>
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        <name>Nielsen Co. Luxembourg SARL (The)</name>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-01</maturityDt>
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        <name>CF Industries, Inc.</name>
        <lei>5FVKT86LAD2F40NPC183</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Provident Funding Associates LP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-15</maturityDt>
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      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <invCountry>US</invCountry>
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        <name>Foxtrot Escrow Issuer LLC</name>
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      <invstOrSec>
        <name>Baffinland Iron Mines Corp.</name>
        <lei>N/A</lei>
        <title>Baffinland Iron Mines Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
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          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>Elanco Animal Health, Inc.</name>
        <lei>549300SHPNDCE059M934</lei>
        <title>Elanco Animal Health, Inc.</title>
        <cusip>28414HAG8</cusip>
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        <balance>100000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-08-28</maturityDt>
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      <invstOrSec>
        <name>Capitol Investment Merger Sub 2 LLC</name>
        <lei>N/A</lei>
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          <isin value="US14065HAA32"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-01</maturityDt>
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          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>Stevens Holding Co., Inc.</name>
        <lei>N/A</lei>
        <title>Stevens Holding Co., Inc.</title>
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          <isin value="US86024TAA51"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>USA Compression Partners LP</name>
        <lei>N/A</lei>
        <title>USA Compression Partners LP</title>
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          <isin value="US91740PAC23"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Fairstone Financial, Inc.</name>
        <lei>549300CWWT866A22GS52</lei>
        <title>Fairstone Financial, Inc.</title>
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          <isin value="US30575FAA66"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108416.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Molina Healthcare, Inc.</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>Molina Healthcare, Inc.</title>
        <cusip>60855RAG5</cusip>
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          <isin value="US60855RAG56"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>159094.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500200</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Parkland Fuel Corp.</name>
        <lei>549300Q72GWZCL8MQC95</lei>
        <title>Parkland Fuel Corp.</title>
        <cusip>70137TAL9</cusip>
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          <isin value="US70137TAL98"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105435.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TPC Group, Inc.</name>
        <lei>549300K276KVW5JD1583</lei>
        <title>TPC Group, Inc.</title>
        <cusip>89236YAB0</cusip>
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          <isin value="US89236YAB02"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>310375.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Denbury Resources, Inc.</name>
        <lei>549300KCWA5W52MS5559</lei>
        <title>Denbury Resources, Inc.</title>
        <cusip>247916AF6</cusip>
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          <isin value="US247916AF60"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>141337.50000000</valUSD>
        <pctVal>0.093930004155</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fiat Chrysler Automobiles NV</name>
        <lei>549300LKT9PW7ZIBDF31</lei>
        <title>Fiat Chrysler Automobiles NV</title>
        <cusip>31562QAF4</cusip>
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          <isin value="US31562QAF46"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214498.00000000</valUSD>
        <pctVal>0.142550972185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SM Energy Co.</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM Energy Co.</title>
        <cusip>78454LAN0</cusip>
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          <isin value="US78454LAN01"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>182180.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Comstock Resources, Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Resources, Inc.</title>
        <cusip>22304LAA8</cusip>
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          <isin value="US22304LAA89"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>221316.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wynn Las Vegas LLC</name>
        <lei>N/A</lei>
        <title>Wynn Las Vegas LLC</title>
        <cusip>983130AV7</cusip>
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          <isin value="US983130AV78"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83599.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MTS Systems Corp.</name>
        <lei>549300E7ZL4ZDETLML64</lei>
        <title>MTS Systems Corp.</title>
        <cusip>553777AA1</cusip>
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          <isin value="US553777AA15"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210569.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Eagle Intermediate Global Holding BV</name>
        <lei>N/A</lei>
        <title>Eagle Intermediate Global Holding BV</title>
        <cusip>26963PAA2</cusip>
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          <isin value="US26963PAA21"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>325166.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Comstock Resources, Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Resources, Inc.</title>
        <cusip>205677AB3</cusip>
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          <isin value="US205677AB38"/>
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        <balance>450000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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      <invstOrSec>
        <name>FXI Holdings, Inc.</name>
        <lei>549300VLKCUZW3MSVS50</lei>
        <title>FXI Holdings, Inc.</title>
        <cusip>36120RAA7</cusip>
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          <isin value="US36120RAA77"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>294496.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Calumet Specialty Products Partners LP</name>
        <lei>N/A</lei>
        <title>Calumet Specialty Products Partners LP</title>
        <cusip>131477AQ4</cusip>
        <identifiers>
          <isin value="US131477AQ49"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>151562.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MPT Operating Partnership LP</name>
        <lei>N/A</lei>
        <title>MPT Operating Partnership LP</title>
        <cusip>55342UAH7</cusip>
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          <isin value="US55342UAH77"/>
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      <invstOrSec>
        <name>Vector Group Ltd.</name>
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        <name>C&amp;W Senior Financing DAC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
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      <invstOrSec>
        <name>DaVita, Inc.</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Amkor Technology, Inc.</name>
        <lei>529900VHLRTKPWZJBM84</lei>
        <title>Amkor Technology, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
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        <name>Cargo Aircraft Management, Inc.</name>
        <lei>549300GH5J7LOMV44F11</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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      <invstOrSec>
        <name>Alliance Resource Operating Partners LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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        <name>iHeartCommunications, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Carlson Travel, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Patrick Industries, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wabash National Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Anixter, Inc.</name>
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        <name>ASGN, Inc.</name>
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        <name>Natural Resource Partners LP</name>
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        <name>Sensata Technologies BV</name>
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        <name>Cimpress plc</name>
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        <name>Qorvo, Inc.</name>
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        <name>Clearway Energy Operating LLC</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>Clearway Energy Operating LLC</title>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cheniere Energy Partners LP</name>
        <lei>5493005UEC8AZ34LDV29</lei>
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          <isin value="US16411QAB77"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
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      <invstOrSec>
        <name>iHeartCommunications, Inc.</name>
        <lei>54930076J6KDZL504O62</lei>
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          <isin value="US45174HBC07"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Standard Industries, Inc.</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>Standard Industries, Inc.</title>
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          <isin value="US120111BN87"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-15</maturityDt>
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      <invstOrSec>
        <name>ESH Hospitality, Inc.</name>
        <lei>54930042FMK7X7SQ2896</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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      <invstOrSec>
        <name>Station Casinos LLC</name>
        <lei>5493004E7Q60TX54WL62</lei>
        <title>Station Casinos LLC</title>
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          <isin value="US857691AG41"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grinding Media, Inc.</name>
        <lei>N/A</lei>
        <title>Grinding Media, Inc.</title>
        <cusip>398545AA1</cusip>
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          <isin value="US398545AA16"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308583.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-15</maturityDt>
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          <annualizedRt>7.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Talen Energy Supply LLC</name>
        <lei>K5K33XN0PQAU1XF7NN66</lei>
        <title>Talen Energy Supply LLC</title>
        <cusip>87422VAA6</cusip>
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          <isin value="US87422VAA61"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>WellCare Health Plans, Inc.</name>
        <lei>529900JCT1MMTWHZ5P23</lei>
        <title>WellCare Health Plans, Inc.</title>
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        <balance>250000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>American Builders &amp; Contractors Supply Co., Inc.</name>
        <lei>549300H5GQ4C1BEKG397</lei>
        <title>American Builders &amp; Contractors Supply Co., Inc.</title>
        <cusip>024747AE7</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
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          <annualizedRt>5.87500000</annualizedRt>
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        <name>Jonah Energy LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-15</maturityDt>
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        <name>Aramark Services, Inc.</name>
        <lei>42YMHYH0XMHJEXDUB065</lei>
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        <name>Select Medical Corp.</name>
        <lei>N/A</lei>
        <title>Select Medical Corp.</title>
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        <name>iHeartCommunications, Inc.</name>
        <lei>54930076J6KDZL504O62</lei>
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        <name>DISH DBS Corp.</name>
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        <invCountry>US</invCountry>
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        <name>Fortress Transportation &amp; Infrastructure Investors LLC</name>
        <lei>529900E7PUVK6BC8PE80</lei>
        <title>Fortress Transportation &amp; Infrastructure Investors LLC</title>
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        <balance>300000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Marriott Ownership Resorts, Inc.</name>
        <lei>N/A</lei>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AAG FH LP</name>
        <lei>N/A</lei>
        <title>AAG FH LP</title>
        <cusip>00033AAA6</cusip>
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          <isin value="US00033AAA60"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92500.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SBA Communications Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Range Resources Corp.</name>
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        <title>Range Resources Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sirius XM Radio, Inc.</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>Sirius XM Radio, Inc.</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
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      <invstOrSec>
        <name>Ahern Rentals, Inc.</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-15</maturityDt>
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          <annualizedRt>7.37500000</annualizedRt>
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        <name>Flexi-Van Leasing, Inc.</name>
        <lei>549300OG6W34LFQR6072</lei>
        <title>Flexi-Van Leasing, Inc.</title>
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        <curCd>USD</curCd>
        <valUSD>107550.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-15</maturityDt>
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          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>United Rentals North America, Inc.</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>United Rentals North America, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp.</title>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-15</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Allison Transmission, Inc.</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>Allison Transmission, Inc.</title>
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        <balance>100000.00000000</balance>
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        <valUSD>103909.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>Netflix, Inc.</name>
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        <title>Netflix, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.87500000</annualizedRt>
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        <name>TEGNA, Inc.</name>
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        <title>TEGNA, Inc.</title>
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        <balance>150000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Wolverine Escrow LLC</name>
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          <annualizedRt>13.12500000</annualizedRt>
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        <name>Meredith Corp.</name>
        <lei>549300YC8BC386CCTS24</lei>
        <title>Meredith Corp.</title>
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        <invCountry>US</invCountry>
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        <name>Algeco Global Finance plc</name>
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        <title>Algeco Global Finance plc</title>
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        <invCountry>GB</invCountry>
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        <name>Arrow Bidco LLC</name>
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        <title>Arrow Bidco LLC</title>
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        <name>Tervita Corp.</name>
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        <title>Tervita Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Revlon Consumer Products Corp.</name>
        <lei>2MKZBE7NMX7EJWQLHS95</lei>
        <title>Revlon Consumer Products Corp.</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-02-15</maturityDt>
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        <name>JPW Industries Holding Corp.</name>
        <lei>2549006C25X8KUBSYI24</lei>
        <title>JPW Industries Holding Corp.</title>
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      <invstOrSec>
        <name>Cornerstone Chemical Co.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sunoco LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
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      <invstOrSec>
        <name>Freeport-McMoRan, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KAR Auction Services, Inc.</name>
        <lei>5493004HKD20LBSG7D03</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-01</maturityDt>
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      <invstOrSec>
        <name>Prime Security Services Borrower LLC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-15</maturityDt>
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      <invstOrSec>
        <name>Rackspace Hosting, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-15</maturityDt>
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      <invstOrSec>
        <name>Dole Food Co., Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-15</maturityDt>
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      <invstOrSec>
        <name>ING Groep NV</name>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-16</maturityDt>
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        <name>Credit Suisse Group AG</name>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-17</maturityDt>
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        <name>AECOM</name>
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        <name>Starfruit Finco BV</name>
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        <name>NGL Energy Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-01</maturityDt>
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        <name>CDW LLC</name>
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        <name>Entegris, Inc.</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
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        <name>CNG Holdings, Inc.</name>
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        <title>CNG Holdings, Inc.</title>
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        <name>Party City Holdings, Inc.</name>
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        <title>Party City Holdings, Inc.</title>
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        <name>NOVA Chemicals Corp.</name>
        <lei>5493007M1XGU5E55ZJ25</lei>
        <title>NOVA Chemicals Corp.</title>
        <cusip>66977WAN9</cusip>
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        <balance>150000.00000000</balance>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Pitney Bowes, Inc.</name>
        <lei>549300N2O26NW4ST6W55</lei>
        <title>Pitney Bowes, Inc.</title>
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          <isin value="US724479AN00"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MPT Operating Partnership LP</name>
        <lei>N/A</lei>
        <title>MPT Operating Partnership LP</title>
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          <isin value="US55342UAG94"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Uniti Group LP</name>
        <lei>N/A</lei>
        <title>Uniti Group LP</title>
        <cusip>20341WAD7</cusip>
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          <isin value="US20341WAD74"/>
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        <balance>595000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>483437.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Howard Hughes Corp. (The)</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>Howard Hughes Corp. (The)</title>
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          <isin value="US44267DAB38"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206498.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mercer International, Inc.</name>
        <lei>549300Z5IAG39VRTY874</lei>
        <title>Mercer International, Inc.</title>
        <cusip>588056AY7</cusip>
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          <isin value="US588056AY72"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106083.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Photo Holdings Merger Sub, Inc.</name>
        <lei>N/A</lei>
        <title>Photo Holdings Merger Sub, Inc.</title>
        <cusip>719245AD4</cusip>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>374749.60000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Netflix, Inc.</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>Netflix, Inc.</title>
        <cusip>64110LAV8</cusip>
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          <isin value="US64110LAV80"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208995.00000000</valUSD>
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        <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>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MPH Acquisition Holdings LLC</name>
        <lei>5493002WXOPRPTXWTU06</lei>
        <title>MPH Acquisition Holdings LLC</title>
        <cusip>553283AB8</cusip>
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          <isin value="US553283AB86"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524399.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>90352JAF0</cusip>
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          <isin value="US90352JAF03"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>936534.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.99999800</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Antero Midstream Partners LP</name>
        <lei>N/A</lei>
        <title>Antero Midstream Partners LP</title>
        <cusip>03690AAC0</cusip>
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          <isin value="US03690AAC09"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>355200.00000000</valUSD>
        <pctVal>0.236058636073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Graham Holdings Co.</name>
        <lei>529900BOSCEEEMAFQJ29</lei>
        <title>Graham Holdings Co.</title>
        <cusip>384637AA2</cusip>
        <identifiers>
          <isin value="US384637AA23"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106784.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>C&amp;W Senior Financing DAC</name>
        <lei>5493009O8OIWZPZRY516</lei>
        <title>C&amp;W Senior Financing DAC</title>
        <cusip>12674TAA4</cusip>
        <identifiers>
          <isin value="US12674TAA43"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>430429.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FS Energy &amp; Power Fund</name>
        <lei>54930004XHN0QROEGZ58</lei>
        <title>FS Energy &amp; Power Fund</title>
        <cusip>30264DAA7</cusip>
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          <isin value="US30264DAA72"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154815.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Ally Financial, Inc.</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>Ally Financial, Inc.</title>
        <cusip>36186CBY8</cusip>
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          <isin value="US36186CBY84"/>
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        <balance>115000.00000000</balance>
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        <valUSD>161787.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cleveland-Cliffs, Inc.</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>Cleveland-Cliffs, Inc.</title>
        <cusip>185899AC5</cusip>
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        <balance>100000.00000000</balance>
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        <valUSD>92435.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC</title>
        <cusip>1248EPBT9</cusip>
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        <balance>610000.00000000</balance>
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        <valUSD>638609.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <name>JB Poindexter &amp; Co., Inc.</name>
        <lei>549300W6P81HOZZGPQ16</lei>
        <title>JB Poindexter &amp; Co., Inc.</title>
        <cusip>730481AJ7</cusip>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32335.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSI Compressco LP</name>
        <lei>N/A</lei>
        <title>CSI Compressco LP</title>
        <cusip>20467BAB5</cusip>
        <identifiers>
          <isin value="US20467BAB53"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94281.20000000</valUSD>
        <pctVal>0.062657352137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CoreCivic, Inc.</name>
        <lei>529900JFA3K6PTLT8B15</lei>
        <title>CoreCivic, Inc.</title>
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        <valUSD>99750.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Pitney Bowes, Inc.</name>
        <lei>549300N2O26NW4ST6W55</lei>
        <title>Pitney Bowes, Inc.</title>
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          <isin value="US724479AJ97"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp.</title>
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          <isin value="US15137TAA88"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Infrabuild Australia Pty. Ltd.</name>
        <lei>549300W2CPB5W6GFH859</lei>
        <title>Infrabuild Australia Pty. Ltd.</title>
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          <isin value="US45682RAA86"/>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IQVIA, Inc.</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA, Inc.</title>
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          <isin value="US449934AD05"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524286.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Alcoa Nederland Holding BV</name>
        <lei>5493000UL1QLQLT1VQ42</lei>
        <title>Alcoa Nederland Holding BV</title>
        <cusip>013822AB7</cusip>
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          <isin value="US013822AB71"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217130.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-30</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AHP Health Partners, Inc.</name>
        <lei>549300QMM8MQ6SM5KX05</lei>
        <title>AHP Health Partners, Inc.</title>
        <cusip>00150LAA9</cusip>
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          <isin value="US00150LAA98"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>360639.68000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>Uniti Group LP</name>
        <lei>N/A</lei>
        <title>Uniti Group LP</title>
        <cusip>20341WAE5</cusip>
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          <isin value="US20341WAE57"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238497.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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      <invstOrSec>
        <name>Trinseo Materials Operating SCA</name>
        <lei>N/A</lei>
        <title>Trinseo Materials Operating SCA</title>
        <cusip>89668QAE8</cusip>
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          <isin value="US89668QAE89"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46990.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>HAT Holdings I LLC</name>
        <lei>N/A</lei>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105208.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Range Resources Corp.</name>
        <lei>H3Y3WLYCX0BTO1TRW162</lei>
        <title>Range Resources Corp.</title>
        <cusip>75281AAS8</cusip>
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          <isin value="US75281AAS87"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156500.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Terex Corp.</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>Terex Corp.</title>
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          <isin value="US880779AZ60"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-01</maturityDt>
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      <invstOrSec>
        <name>MSCI, Inc.</name>
        <lei>549300HTIN2PD78UB763</lei>
        <title>MSCI, Inc.</title>
        <cusip>55354GAD2</cusip>
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          <isin value="US55354GAD25"/>
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        <balance>400000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>PetSmart, Inc.</name>
        <lei>N/A</lei>
        <title>PetSmart, Inc.</title>
        <cusip>04021LAA8</cusip>
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          <isin value="US04021LAA89"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.12500000</annualizedRt>
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      <invstOrSec>
        <name>MEDNAX, Inc.</name>
        <lei>N/A</lei>
        <title>MEDNAX, Inc.</title>
        <cusip>58502BAC0</cusip>
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          <isin value="US58502BAC00"/>
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        <balance>300000.00000000</balance>
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        <valUSD>306382.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Darling Ingredients, Inc.</name>
        <lei>L1N0SPPKS7EXZYUMZ898</lei>
        <title>Darling Ingredients, Inc.</title>
        <cusip>237266AH4</cusip>
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          <isin value="US237266AH40"/>
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        <balance>150000.00000000</balance>
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        <valUSD>158598.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>AssuredPartners, Inc.</name>
        <lei>549300HNDSDQWQ3L2P80</lei>
        <title>AssuredPartners, Inc.</title>
        <cusip>04624VAA7</cusip>
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          <isin value="US04624VAA70"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>285597.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>W&amp;T Offshore, Inc.</name>
        <lei>549300Q7EOY2YIO3YK85</lei>
        <title>W&amp;T Offshore, Inc.</title>
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        <name>APX Group, Inc.</name>
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        <name>Enterprise Development Authority (The)</name>
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        <name>Yum! Brands, Inc.</name>
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        <name>American Greetings Corp.</name>
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        <name>Plastipak Holdings, Inc.</name>
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          <maturityDt>2025-10-15</maturityDt>
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        <name>Navient Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Enterprise Stone &amp; Lime Co., Inc.</name>
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        <name>Energizer Holdings, Inc.</name>
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        <name>Carrizo Oil &amp; Gas, Inc.</name>
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        <name>Sabre GLBL, Inc.</name>
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        <name>Gray Television, Inc.</name>
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        <name>Albertsons Cos., Inc.</name>
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        <name>Titan Acquisition Ltd.</name>
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        <name>Acrisure LLC</name>
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        <name>Ascent Resources Utica Holdings LLC</name>
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        <name>Hadrian Merger Sub, Inc.</name>
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      <invstOrSec>
        <name>Aptim Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sprint Corp.</name>
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        <title>Sprint Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-15</maturityDt>
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      <invstOrSec>
        <name>Talen Energy Supply LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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      <invstOrSec>
        <name>Washington Prime Group LP</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-15</maturityDt>
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      <invstOrSec>
        <name>TerraForm Power Operating LLC</name>
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        <title>TerraForm Power Operating LLC</title>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>ADT Security Corp. (The)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-15</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Apex Tool Group LLC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-15</maturityDt>
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          <annualizedRt>9.00000000</annualizedRt>
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        <name>Hilton Domestic Operating Co., Inc.</name>
        <lei>5493003EG7H0N1E4XV50</lei>
        <title>Hilton Domestic Operating Co., Inc.</title>
        <cusip>432833AB7</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
        <lei>N/A</lei>
        <title>Allied Universal Holdco LLC</title>
        <cusip>019576AB3</cusip>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
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          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>Rockpoint Gas Storage Canada Ltd.</name>
        <lei>549300T32FQEHEIVPB75</lei>
        <title>Rockpoint Gas Storage Canada Ltd.</title>
        <cusip>77381WAA4</cusip>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-31</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>Jacobs Entertainment, Inc.</name>
        <lei>5493004U9JIWY3HSUO63</lei>
        <title>Jacobs Entertainment, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
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          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>Navient Corp.</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-01-25</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Trident TPI Holdings, Inc.</name>
        <lei>549300TPLK304J3RNC85</lei>
        <title>Trident TPI Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Service Corp. International</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>Service Corp. International</title>
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        <name>AMC Networks, Inc.</name>
        <lei>549300VGG9K75226LR46</lei>
        <title>AMC Networks, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Vodafone Group plc</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group plc</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Navient Corp.</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp.</title>
        <cusip>63938CAE8</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-25</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>CenturyLink, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>CenturyLink, Inc., Series Y</title>
        <cusip>156700BA3</cusip>
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        <balance>450000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Veritas US, Inc.</name>
        <lei>N/A</lei>
        <title>Veritas US, Inc.</title>
        <cusip>92346LAA1</cusip>
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          <isin value="US92346LAA17"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>497024.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Solera LLC</name>
        <lei>N/A</lei>
        <title>Solera LLC</title>
        <cusip>83422AAA1</cusip>
        <identifiers>
          <isin value="US83422AAA16"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>742584.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Crestwood Midstream Partners LP</name>
        <lei>N/A</lei>
        <title>Crestwood Midstream Partners LP</title>
        <cusip>226373AL2</cusip>
        <identifiers>
          <isin value="US226373AL21"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151685.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Ritchie Bros Auctioneers, Inc.</name>
        <lei>5493002H8U24DJXQ4886</lei>
        <title>Ritchie Bros Auctioneers, Inc.</title>
        <cusip>767744AA3</cusip>
        <identifiers>
          <isin value="US767744AA37"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104083.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sprint Capital Corp.</name>
        <lei>549300L17W0GQBR1PO80</lei>
        <title>Sprint Capital Corp.</title>
        <cusip>852060AD4</cusip>
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          <isin value="US852060AD48"/>
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        <balance>570000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>581029.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Carriage Services, Inc.</name>
        <lei>N/A</lei>
        <title>Carriage Services, Inc.</title>
        <cusip>143905AN7</cusip>
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          <isin value="US143905AN72"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106784.75000000</valUSD>
        <pctVal>0.070966955063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</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>Kraton Polymers LLC</name>
        <lei>N/A</lei>
        <title>Kraton Polymers LLC</title>
        <cusip>50077DAE4</cusip>
        <identifiers>
          <isin value="US50077DAE40"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204062.00000000</valUSD>
        <pctVal>0.135615420592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>Laredo Petroleum, Inc.</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>Laredo Petroleum, Inc.</title>
        <cusip>516806AF3</cusip>
        <identifiers>
          <isin value="US516806AF38"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>91125.00000000</valUSD>
        <pctVal>0.060559806340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</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>HCA, Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA, Inc.</title>
        <cusip>404121AG0</cusip>
        <identifiers>
          <isin value="US404121AG00"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110138.50000000</valUSD>
        <pctVal>0.073195788539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>Twin River Worldwide Holdings, Inc.</name>
        <lei>549300NS4D5IK406VT62</lei>
        <title>Twin River Worldwide Holdings, Inc.</title>
        <cusip>90171VAA3</cusip>
        <identifiers>
          <isin value="US90171VAA35"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>264461.88000000</valUSD>
        <pctVal>0.175755942246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>Staples, Inc.</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>Staples, Inc.</title>
        <cusip>855030AN2</cusip>
        <identifiers>
          <isin value="US855030AN20"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>718391.80000000</valUSD>
        <pctVal>0.477428458541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</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>
        <name>Genesis Energy LP</name>
        <lei>N/A</lei>
        <title>Genesis Energy LP</title>
        <cusip>37185LAJ1</cusip>
        <identifiers>
          <isin value="US37185LAJ17"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>342121.50000000</valUSD>
        <pctVal>0.227366933167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hilcorp Energy I LP</name>
        <lei>N/A</lei>
        <title>Hilcorp Energy I LP</title>
        <cusip>431318AS3</cusip>
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          <isin value="US431318AS36"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53570.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lamb Weston Holdings, Inc.</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>Lamb Weston Holdings, Inc.</title>
        <cusip>513272AB0</cusip>
        <identifiers>
          <isin value="US513272AB00"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>422490.00000000</valUSD>
        <pctVal>0.280778190187</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Werner FinCo. LP</name>
        <lei>N/A</lei>
        <title>Werner FinCo. LP</title>
        <cusip>95076PAA1</cusip>
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          <isin value="US95076PAA12"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147437.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>Brookfield Residential Properties, Inc.</name>
        <lei>N/A</lei>
        <title>Brookfield Residential Properties, Inc.</title>
        <cusip>11283YAB6</cusip>
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          <isin value="US11283YAB65"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267962.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NFP Corp.</name>
        <lei>VO2L9FZNXDJNQNEYH039</lei>
        <title>NFP Corp.</title>
        <cusip>65342RAA8</cusip>
        <identifiers>
          <isin value="US65342RAA86"/>
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        <balance>430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>438385.00000000</valUSD>
        <pctVal>0.291341681235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Antero Resources Corp.</name>
        <lei>APVBKPOULHUX7YZLKU17</lei>
        <title>Antero Resources Corp.</title>
        <cusip>03674XAF3</cusip>
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          <isin value="US03674XAF33"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252875.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>McGraw-Hill Global Education Holdings LLC</name>
        <lei>N/A</lei>
        <title>McGraw-Hill Global Education Holdings LLC</title>
        <cusip>580638AC8</cusip>
        <identifiers>
          <isin value="US580638AC80"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207485.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</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>Verscend Escrow Corp.</name>
        <lei>N/A</lei>
        <title>Verscend Escrow Corp.</title>
        <cusip>92535WAA8</cusip>
        <identifiers>
          <isin value="US92535WAA80"/>
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        <balance>380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>414209.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</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>Connect Finco SARL</name>
        <lei>N/A</lei>
        <title>Connect Finco SARL</title>
        <cusip>20752TAA2</cusip>
        <identifiers>
          <isin value="US20752TAA25"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1272000.00000000</valUSD>
        <pctVal>0.845345115667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>ViaSat, Inc.</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>ViaSat, Inc.</title>
        <cusip>92552VAL4</cusip>
        <identifiers>
          <isin value="US92552VAL45"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>314775.00000000</valUSD>
        <pctVal>0.209193010050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Kratos Defense &amp; Security Solutions, Inc.</name>
        <lei>5493000EKBN0UY1F3F88</lei>
        <title>Kratos Defense &amp; Security Solutions, Inc.</title>
        <cusip>50077BAM0</cusip>
        <identifiers>
          <isin value="US50077BAM00"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106791.50000000</valUSD>
        <pctVal>0.070971440974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>WW International, Inc.</name>
        <lei>SGT8R1MU6ESIC7UJC518</lei>
        <title>WW International, Inc.</title>
        <cusip>948626AA4</cusip>
        <identifiers>
          <isin value="US948626AA44"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157187.25000000</valUSD>
        <pctVal>0.104463422981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</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>Immucor, Inc.</name>
        <lei>549300CSHW546WORC082</lei>
        <title>Immucor, Inc.</title>
        <cusip>452526AB2</cusip>
        <identifiers>
          <isin value="US452526AB21"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29784.36000000</valUSD>
        <pctVal>0.019794074881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.12500000</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>Energy Transfer Operating LP</name>
        <lei>5493008K8W3OKZE54J59</lei>
        <title>Energy Transfer Operating LP, Series A</title>
        <cusip>29278NAA1</cusip>
        <identifiers>
          <isin value="US29278NAA19"/>
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        <balance>310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295040.95000000</valUSD>
        <pctVal>0.196078165097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.25000000</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>William Lyon Homes, Inc.</name>
        <lei>5493001MTHCP4IWKJU06</lei>
        <title>William Lyon Homes, Inc.</title>
        <cusip>96926DAV2</cusip>
        <identifiers>
          <isin value="US96926DAV29"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>162427.13000000</valUSD>
        <pctVal>0.107945739777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NGL Energy Partners LP</name>
        <lei>N/A</lei>
        <title>NGL Energy Partners LP</title>
        <cusip>62913TAM4</cusip>
        <identifiers>
          <isin value="US62913TAM45"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>189583.00000000</valUSD>
        <pctVal>0.125992974106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>Global Partners LP</name>
        <lei>N/A</lei>
        <title>Global Partners LP</title>
        <cusip>37954FAD6</cusip>
        <identifiers>
          <isin value="US37954FAD69"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102791.50000000</valUSD>
        <pctVal>0.068313123000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ascent Resources Utica Holdings LLC</name>
        <lei>N/A</lei>
        <title>Ascent Resources Utica Holdings LLC</title>
        <cusip>04364VAG8</cusip>
        <identifiers>
          <isin value="US04364VAG86"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142569.50000000</valUSD>
        <pctVal>0.094748766091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Genworth Holdings, Inc.</name>
        <lei>PXDECZED7L8SRUP41R09</lei>
        <title>Genworth Holdings, Inc.</title>
        <cusip>37247DAG1</cusip>
        <identifiers>
          <isin value="US37247DAG16"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31921.75000000</valUSD>
        <pctVal>0.021214540445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.91237900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Uniti Group LP</name>
        <lei>N/A</lei>
        <title>Uniti Group LP</title>
        <cusip>20341WAA3</cusip>
        <identifiers>
          <isin value="US20341WAA36"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96000.00000000</valUSD>
        <pctVal>0.063799631371</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Crestwood Midstream Partners LP</name>
        <lei>N/A</lei>
        <title>Crestwood Midstream Partners LP</title>
        <cusip>226373AP3</cusip>
        <identifiers>
          <isin value="US226373AP35"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101779.00000000</valUSD>
        <pctVal>0.067640236263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>Community Health Systems, Inc.</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>Community Health Systems, Inc.</title>
        <cusip>12543DBF6</cusip>
        <identifiers>
          <isin value="US12543DBF69"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>126585.00000000</valUSD>
        <pctVal>0.084125795178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</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>Genesis Energy LP</name>
        <lei>N/A</lei>
        <title>Genesis Energy LP</title>
        <cusip>37185LAG7</cusip>
        <identifiers>
          <isin value="US37185LAG77"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100761.50000000</valUSD>
        <pctVal>0.066964026629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Telefonaktiebolaget LM Ericsson</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CommScope, Inc.</name>
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        <title>CommScope, Inc.</title>
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      <invstOrSec>
        <name>Delek Logistics Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-15</maturityDt>
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      <invstOrSec>
        <name>TopBuild Corp.</name>
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        <title>TopBuild Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Talen Energy Supply LLC</name>
        <lei>K5K33XN0PQAU1XF7NN66</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
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        <name>Newell Brands, Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Waste Pro USA, Inc.</name>
        <lei>549300BY1QXU5BI3UF28</lei>
        <title>Waste Pro USA, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>EQT Corp.</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
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        <name>Cleaver-Brooks, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-01</maturityDt>
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        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Superior Plus LP</name>
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        <name>Kronos Acquisition Holdings, Inc.</name>
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        <title>Kronos Acquisition Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Precision Drilling Corp.</name>
        <lei>549300WF2OE8T5BP4B84</lei>
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        <name>Boyne USA, Inc.</name>
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        <name>Trivium Packaging Finance BV</name>
        <lei>724500GMZWW3PVYET548</lei>
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        <name>Catalent Pharma Solutions, Inc.</name>
        <lei>549300HALRZ339MSTH85</lei>
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        <name>Ladder Capital Finance Holdings LLLP</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Intrado Corp.</name>
        <lei>5493005Z5DB0O5S30R71</lei>
        <title>Intrado Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Covanta Holding Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KeHE Distributors LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
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      <invstOrSec>
        <name>PetSmart, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-01</maturityDt>
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          <annualizedRt>8.87500000</annualizedRt>
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        <name>Sirius XM Radio, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>One Call Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-01</maturityDt>
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        <name>Mclaren Finance plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-01</maturityDt>
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        <name>CCO Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>ACI Worldwide, Inc.</name>
        <lei>5493003BPVMZUJ6F5C02</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Brookfield Residential Properties, Inc.</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>West Street Merger Sub, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Indigo Natural Resources LLC</name>
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        <name>Gulfport Energy Corp.</name>
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          <maturityDt>2026-01-15</maturityDt>
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        <name>GCI LLC</name>
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        <name>AMC Networks, Inc.</name>
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        <name>BWX Technologies, Inc.</name>
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        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <name>Wyndham Destinations, Inc.</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>Wyndham Destinations, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-03-01</maturityDt>
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      <invstOrSec>
        <name>LABL Escrow Issuer LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Univision Communications, Inc.</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications, Inc.</title>
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          <isin value="US914906AS13"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Getty Images, Inc.</name>
        <lei>5493005NV20IG4VEKZ40</lei>
        <title>Getty Images, Inc.</title>
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          <isin value="US374276AJ21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-01</maturityDt>
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          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>Scotts Miracle-Gro Co. (The)</name>
        <lei>2TH9E0JTOUXOEGI2R879</lei>
        <title>Scotts Miracle-Gro Co. (The)</title>
        <cusip>810186AQ9</cusip>
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          <isin value="US810186AQ99"/>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Rain CII Carbon LLC</name>
        <lei>N/A</lei>
        <title>Rain CII Carbon LLC</title>
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          <isin value="US75079RAC25"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297747.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
        <cusip>893647BB2</cusip>
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          <isin value="US893647BB29"/>
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        <balance>990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1046281.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>KLX Energy Services Holdings, Inc.</name>
        <lei>5493004D4S7MAO1H3U27</lei>
        <title>KLX Energy Services Holdings, Inc.</title>
        <cusip>48253LAA4</cusip>
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          <isin value="US48253LAA44"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EnLink Midstream LLC</name>
        <lei>54930000GY1H533OBE23</lei>
        <title>EnLink Midstream LLC</title>
        <cusip>29336TAA8</cusip>
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          <isin value="US29336TAA88"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45366.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Booz Allen Hamilton, Inc.</name>
        <lei>549300D7XCH2480XU542</lei>
        <title>Booz Allen Hamilton, Inc.</title>
        <cusip>099500AA8</cusip>
        <identifiers>
          <isin value="US099500AA88"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103041.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Enova International, Inc.</name>
        <lei>549300O8XOCQSB49UO63</lei>
        <title>Enova International, Inc.</title>
        <cusip>29357KAD5</cusip>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98541.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <name>Jefferies Finance LLC</name>
        <lei>N/A</lei>
        <title>Jefferies Finance LLC</title>
        <cusip>47232MAD4</cusip>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113620.65000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-15</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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        <name>Genesis Energy LP</name>
        <lei>N/A</lei>
        <title>Genesis Energy LP</title>
        <cusip>37185LAK8</cusip>
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        <balance>250000.00000000</balance>
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        <valUSD>239431.88000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>DISH DBS Corp.</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp.</title>
        <cusip>25470XAJ4</cusip>
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          <isin value="US25470XAJ46"/>
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        <balance>250000.00000000</balance>
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        <valUSD>262945.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>Gulfport Energy Corp.</name>
        <lei>549300FJX18IDUFPHD40</lei>
        <title>Gulfport Energy Corp.</title>
        <cusip>402635AH9</cusip>
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        <balance>100000.00000000</balance>
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        <valUSD>55370.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Trident TPI Holdings, Inc.</name>
        <lei>549300TPLK304J3RNC85</lei>
        <title>Trident TPI Holdings, Inc.</title>
        <cusip>89616RAB5</cusip>
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        <balance>200000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>9.25000000</annualizedRt>
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        <name>Diamond Sports Group LLC</name>
        <lei>N/A</lei>
        <title>Diamond Sports Group LLC</title>
        <cusip>25277LAA4</cusip>
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        <balance>400000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>Holly Energy Partners LP</name>
        <lei>N/A</lei>
        <title>Holly Energy Partners LP</title>
        <cusip>435765AG7</cusip>
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        <balance>100000.00000000</balance>
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        <valUSD>104769.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bausch Health Cos., Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos., Inc.</title>
        <cusip>071734AF4</cusip>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>327427.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Greif, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Performance Food Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
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      <invstOrSec>
        <name>Panther BF Aggregator 2 LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
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          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>Nabors Industries Ltd.</name>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
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        <name>GEO Group, Inc. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EnLink Midstream Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-15</maturityDt>
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        <name>PetSmart, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Goodyear Tire &amp; Rubber Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-31</maturityDt>
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        <name>Open Text Corp.</name>
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        <title>Open Text Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Mineral Resources Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Centene Corp.</name>
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        <title>Centene Corp.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
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        <name>Wolverine Escrow LLC</name>
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          <maturityDt>2026-11-15</maturityDt>
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        <name>Vector Group Ltd.</name>
        <lei>549300TUIF4WWN6NDN50</lei>
        <title>Vector Group Ltd.</title>
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        <name>Chemours Co. (The)</name>
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        <name>Crown Cork &amp; Seal Co., Inc.</name>
        <lei>7HLDMDH0ZXNUH6PT7Z42</lei>
        <title>Crown Cork &amp; Seal Co., Inc.</title>
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        <name>Videotron Ltd.</name>
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        <title>Videotron Ltd.</title>
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        <name>RBS Global, Inc.</name>
        <lei>N/A</lei>
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        <name>WMG Acquisition Corp.</name>
        <lei>549300NAS11NXI33CP80</lei>
        <title>WMG Acquisition Corp.</title>
        <cusip>92933BAM6</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Granite US Holdings Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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      <invstOrSec>
        <name>RegionalCare Hospital Partners Holdings, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>Ryman Hospitality Properties, Inc.</name>
        <lei>529900GCCWW9SRMPJR11</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
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      <invstOrSec>
        <name>Performance Food Group, Inc.</name>
        <lei>549300OMUOGBYK0FFO76</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Ruby Pipeline LLC</name>
        <lei>549300VXRTBPBK07QT94</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-01</maturityDt>
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      <invstOrSec>
        <name>Suburban Propane Partners LP</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Endo Finance LLC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500200</annualizedRt>
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      <invstOrSec>
        <name>KCA Deutag UK Finance plc</name>
        <lei>529900T5G3VI71LSI184</lei>
        <title>KCA Deutag UK Finance plc</title>
        <cusip>48244LAE8</cusip>
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          <isin value="US48244LAE83"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>425665.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.62500000</annualizedRt>
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      <invstOrSec>
        <name>Alliant Holdings Intermediate LLC</name>
        <lei>N/A</lei>
        <title>Alliant Holdings Intermediate LLC</title>
        <cusip>01883LAA1</cusip>
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          <isin value="US01883LAA17"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>264212.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <name>Hilton Domestic Operating Co., Inc.</name>
        <lei>5493003EG7H0N1E4XV50</lei>
        <title>Hilton Domestic Operating Co., Inc.</title>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <name>GCP Applied Technologies, Inc.</name>
        <lei>5493007G654QKQVEKV09</lei>
        <title>GCP Applied Technologies, Inc.</title>
        <cusip>36164YAB7</cusip>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Ally Financial, Inc.</name>
        <lei>549300JBN1OSM8YNAI90</lei>
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        <name>AG Merger Sub II, Inc.</name>
        <lei>N/A</lei>
        <title>AG Merger Sub II, Inc.</title>
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        <name>EnLink Midstream Partners LP</name>
        <lei>88CPW63VL7KHJWS0NY83</lei>
        <title>EnLink Midstream Partners LP</title>
        <cusip>29336UAG2</cusip>
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        <balance>50000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Ziggo BV</name>
        <lei>213800TQASLF9JXH5J59</lei>
        <title>Ziggo BV</title>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sunoco LP</name>
        <lei>N/A</lei>
        <title>Sunoco LP</title>
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        <balance>200000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <name>Ingles Markets, Inc.</name>
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        <name>Vista Outdoor, Inc.</name>
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        <name>Berry Petroleum Co. LLC</name>
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        <name>Harland Clarke Holdings Corp.</name>
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        <name>CDK Global, Inc.</name>
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        <name>Mueller Water Products, Inc.</name>
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        <name>Zayo Group LLC</name>
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        <name>USI, Inc.</name>
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        <name>Vistra Operations Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>Tenet Healthcare Corp.</name>
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        <name>QEP Resources, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Garda World Security Corp.</name>
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        <name>Fresh Market, Inc. (The)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>9.75000000</annualizedRt>
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        <name>Telesat Canada</name>
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        <title>Telesat Canada</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Uber Technologies, Inc.</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>Uber Technologies, Inc.</title>
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        <name>IAA, Inc.</name>
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        <title>IAA, Inc.</title>
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        <name>Hughes Satellite Systems Corp.</name>
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        <name>Charles River Laboratories International, Inc.</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
        <title>Charles River Laboratories International, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>GTCR AP Finance, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Springleaf Finance Corp.</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>Springleaf Finance Corp.</title>
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          <isin value="US85172FAQ28"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Navistar International Corp.</name>
        <lei>WNDD3CRVXJGC8I7GX671</lei>
        <title>Navistar International Corp.</title>
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        <curCd>USD</curCd>
        <valUSD>209583.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Nine Energy Service, Inc.</name>
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        <title>Nine Energy Service, Inc.</title>
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          <isin value="US65441VAA98"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170150.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Whiting Petroleum Corp.</name>
        <lei>52990028CHK9KUB1B293</lei>
        <title>Whiting Petroleum Corp.</title>
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          <isin value="US966387BG63"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253980.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Transocean, Inc.</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>Transocean, Inc.</title>
        <cusip>893830BF5</cusip>
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          <isin value="US893830BF55"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>330687.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Greystar Real Estate Partners LLC</name>
        <lei>254900HGC806SXAS4M46</lei>
        <title>Greystar Real Estate Partners LLC</title>
        <cusip>39807UAB2</cusip>
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          <isin value="US39807UAB26"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103636.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Citgo Holding, Inc.</name>
        <lei>549300NYHOALWZ2BSL72</lei>
        <title>Citgo Holding, Inc.</title>
        <cusip>17302WAB4</cusip>
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          <isin value="US17302WAB46"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>375375.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QVC, Inc.</name>
        <lei>549300WBLU5NKPX5X472</lei>
        <title>QVC, Inc.</title>
        <cusip>747262AW3</cusip>
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          <isin value="US747262AW35"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101462.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hilton Worldwide Finance LLC</name>
        <lei>N/A</lei>
        <title>Hilton Worldwide Finance LLC</title>
        <cusip>432891AK5</cusip>
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          <isin value="US432891AK52"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158152.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Exterran Energy Solutions LP</name>
        <lei>N/A</lei>
        <title>Exterran Energy Solutions LP</title>
        <cusip>30227KAE9</cusip>
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          <isin value="US30227KAE91"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149000.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONSOL Energy, Inc.</name>
        <lei>549300YJCTPJBTK7IJ81</lei>
        <title>CONSOL Energy, Inc.</title>
        <cusip>20854LAA6</cusip>
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          <isin value="US20854LAA61"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87239.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ortho-Clinical Diagnostics, Inc.</name>
        <lei>N/A</lei>
        <title>Ortho-Clinical Diagnostics, Inc.</title>
        <cusip>22663AAA7</cusip>
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          <isin value="US22663AAA79"/>
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        <balance>85000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-05-15</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>L Brands, Inc.</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>L Brands, Inc.</title>
        <cusip>501797AL8</cusip>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>HD Supply, Inc.</name>
        <lei>549300G8FYZDYZMZED76</lei>
        <title>HD Supply, Inc.</title>
        <cusip>40415RAS4</cusip>
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          <isin value="US40415RAS40"/>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>PulteGroup, Inc.</name>
        <lei>N/A</lei>
        <title>PulteGroup, Inc.</title>
        <cusip>745867AP6</cusip>
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        <balance>150000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Tempur Sealy International, Inc.</name>
        <lei>549300HFEKVR3US71V91</lei>
        <title>Tempur Sealy International, Inc.</title>
        <cusip>88023UAG6</cusip>
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          <isin value="US88023UAG67"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209964.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>24 Hour Fitness Worldwide, Inc.</name>
        <lei>N/A</lei>
        <title>24 Hour Fitness Worldwide, Inc.</title>
        <cusip>90132BAA5</cusip>
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        <name>Standard Industries, Inc.</name>
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        <name>Covanta Holding Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Quebecor Media, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GFL Environmental, Inc.</name>
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        <name>Acadia Healthcare Co., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Panther BF Aggregator 2 LP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
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        <name>Sotheby's</name>
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        <title>Sotheby's</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
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        <name>Sprint Capital Corp.</name>
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        <name>WeWork Cos., Inc.</name>
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        <name>Brookfield Property REIT, Inc.</name>
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        <name>Calumet Specialty Products Partners LP</name>
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          <maturityDt>2022-01-15</maturityDt>
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        <name>DKT Finance ApS</name>
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        <name>NortonLifeLock, Inc.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
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        <name>KFC Holding Co.</name>
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        <name>Sugarhouse HSP Gaming Prop Mezz LP</name>
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        <name>Gran Tierra Energy International Holdings Ltd.</name>
        <lei>549300RQNK5SS6I0T293</lei>
        <title>Gran Tierra Energy International Holdings Ltd.</title>
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        <invCountry>KY</invCountry>

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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Standard Industries, Inc.</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>Standard Industries, Inc.</title>
        <cusip>120111BM0</cusip>
        <identifiers>
          <isin value="US120111BM05"/>
        </identifiers>
        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77249.25000000</valUSD>
        <pctVal>0.051338267434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>Stericycle, Inc.</name>
        <lei>B8PTJH2P0AXSWSMP2136</lei>
        <title>Stericycle, Inc.</title>
        <cusip>858912AF5</cusip>
        <identifiers>
          <isin value="US858912AF50"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104885.50000000</valUSD>
        <pctVal>0.069704752460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>Go Daddy Operating Co. LLC</name>
        <lei>N/A</lei>
        <title>Go Daddy Operating Co. LLC</title>
        <cusip>38016LAA3</cusip>
        <identifiers>
          <isin value="US38016LAA35"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>210120.00000000</valUSD>
        <pctVal>0.139641443163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>TMX Finance LLC</name>
        <lei>N/A</lei>
        <title>TMX Finance LLC</title>
        <cusip>87261NAJ9</cusip>
        <identifiers>
          <isin value="US87261NAJ90"/>
        </identifiers>
        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121766.45000000</valUSD>
        <pctVal>0.080923485660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bausch Health Americas, Inc.</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
        <title>Bausch Health Americas, Inc.</title>
        <cusip>91911XAV6</cusip>
        <identifiers>
          <isin value="US91911XAV64"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>800170.00000000</valUSD>
        <pctVal>0.531776573273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-02-28</ncom:dateSigned>
      <ncom:nameOfApplicant>FlexShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Randal Rein</ncom:signature>
      <ncom:signerName>Randal Rein</ncom:signerName>
      <ncom:title>Treasurer and PFO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
