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      <invstOrSec>
        <name>LSB Industries, Inc.</name>
        <lei>5493001H215A0HG0MI71</lei>
        <title>LSB Industries, Inc.</title>
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          <isin value="US502160AN46"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>961747.50000000</valUSD>
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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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      <invstOrSec>
        <name>Energizer Holdings, Inc.</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>Energizer Holdings, Inc.</title>
        <cusip>29272WAD1</cusip>
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          <isin value="US29272WAD11"/>
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        <balance>1830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1523475.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-31</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Midstream Operating LP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>Western Midstream Operating LP</title>
        <cusip>958667AA5</cusip>
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          <isin value="US958667AA50"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>463617.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.74999920</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Garda World Security Corp.</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>Garda World Security Corp.</title>
        <cusip>36485MAK5</cusip>
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          <isin value="US36485MAK53"/>
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        <balance>780000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>709304.70000000</valUSD>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LogMeIn, Inc.</name>
        <lei>549300D12V5KRBV00592</lei>
        <title>LogMeIn, Inc.</title>
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          <isin value="US541056AA53"/>
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        <balance>1989000.00000000</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>2027-09-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Granite US Holdings Corp.</name>
        <lei>N/A</lei>
        <title>Granite US Holdings Corp.</title>
        <cusip>38748YAA0</cusip>
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          <isin value="US38748YAA01"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>346353.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc.</title>
        <cusip>46284VAL5</cusip>
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          <isin value="US46284VAL53"/>
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        <balance>1164000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1065467.40000000</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>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GEO Group, Inc. (The)</name>
        <lei>N/A</lei>
        <title>GEO Group, Inc. (The)</title>
        <cusip>36162JAA4</cusip>
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          <isin value="US36162JAA43"/>
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        <balance>690000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615117.75000000</valUSD>
        <pctVal>0.070159712327</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DISH DBS Corp.</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp.</title>
        <cusip>25470XAW5</cusip>
        <identifiers>
          <isin value="US25470XAW56"/>
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        <balance>2220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2156163.90000000</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>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Viking Cruises Ltd.</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>Viking Cruises Ltd.</title>
        <cusip>92676XAD9</cusip>
        <identifiers>
          <isin value="US92676XAD93"/>
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        <balance>2420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2053551.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>CVR Partners LP</name>
        <lei>N/A</lei>
        <title>CVR Partners LP</title>
        <cusip>12663QAC9</cusip>
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          <isin value="US12663QAC96"/>
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        <balance>1065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1045212.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Encino Acquisition Partners Holdings LLC</name>
        <lei>549300BUKUEKT2UE4T49</lei>
        <title>Encino Acquisition Partners Holdings LLC</title>
        <cusip>29254BAA5</cusip>
        <identifiers>
          <isin value="US29254BAA52"/>
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        <balance>1630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1635941.35000000</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>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>Genesis Energy LP</name>
        <lei>N/A</lei>
        <title>Genesis Energy LP</title>
        <cusip>37185LAK8</cusip>
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          <isin value="US37185LAK89"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>579036.60000000</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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      <invstOrSec>
        <name>CITGO Petroleum Corp.</name>
        <lei>YX52P86PXMLYDOTUQ225</lei>
        <title>CITGO Petroleum Corp.</title>
        <cusip>17302XAM8</cusip>
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          <isin value="US17302XAM83"/>
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        <balance>1055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1050410.75000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
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          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Centennial Resource Production LLC</name>
        <lei>5493004CTVUMQLRPOE23</lei>
        <title>Centennial Resource Production LLC</title>
        <cusip>15138AAC4</cusip>
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          <isin value="US15138AAC45"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>684589.00000000</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>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Acrisure LLC</name>
        <lei>N/A</lei>
        <title>Acrisure LLC</title>
        <cusip>00489LAD5</cusip>
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          <isin value="US00489LAD55"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390502.50000000</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>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.12500000</annualizedRt>
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      <invstOrSec>
        <name>Standard Industries, Inc.</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>Standard Industries, Inc.</title>
        <cusip>853496AG2</cusip>
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          <isin value="US853496AG21"/>
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        <balance>805000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>672175.00000000</valUSD>
        <pctVal>0.076667604915</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DCP Midstream Operating LP</name>
        <lei>549300Y6CTBSE0QIPL28</lei>
        <title>DCP Midstream Operating LP</title>
        <cusip>23311RAA4</cusip>
        <identifiers>
          <isin value="US23311RAA41"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>112463.00000000</valUSD>
        <pctVal>0.012827416746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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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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      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nexstar Media, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aptim Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CGG SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
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        <name>Sinclair Television Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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      <invstOrSec>
        <name>CITGO Petroleum Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chobani LLC</name>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
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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>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>Cheplapharm Arzneimittel GmbH</name>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>815018.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>CVR Energy, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Olympus Water US Holding Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>CCO Holdings LLC</name>
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        <name>Telecom Italia Capital SA</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Chesapeake Energy Corp.</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>Chesapeake Energy Corp.</title>
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        <name>Transocean Pontus Ltd.</name>
        <lei>N/A</lei>
        <title>Transocean Pontus Ltd.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Schweitzer-Mauduit International, Inc.</name>
        <lei>549300Z1FU4IDULG1R21</lei>
        <title>Schweitzer-Mauduit International, Inc.</title>
        <cusip>808541AA4</cusip>
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        <balance>790000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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      <invstOrSec>
        <name>Viking Cruises Ltd.</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>Viking Cruises Ltd.</title>
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        <name>Tacora Resources, Inc.</name>
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        <name>Sinclair Television Group, Inc.</name>
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        <name>Valaris Ltd.</name>
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        <name>Kronos Acquisition Holdings, Inc.</name>
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        <name>Carriage Services, Inc.</name>
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        <name>Scripps Escrow II, Inc.</name>
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        <name>Ford Motor Credit Co. LLC</name>
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        <name>Tervita Corp.</name>
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        <name>Kennedy-Wilson, Inc.</name>
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        <name>Eagle Intermediate Global Holding BV</name>
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        <name>TransDigm, Inc.</name>
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        <name>goeasy Ltd.</name>
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        <name>EQM Midstream Partners LP</name>
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        <name>Post Holdings, Inc.</name>
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        <name>Enova International, Inc.</name>
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        <name>SeaWorld Parks &amp; Entertainment, Inc.</name>
        <lei>549300UZV72O3371JJ53</lei>
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        <name>Dana Financing Luxembourg Sarl</name>
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        <name>SM Energy Co.</name>
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        <name>Ascent Resources Utica Holdings LLC</name>
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        <name>Western Midstream Operating LP</name>
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        <name>Alliance Resource Operating Partners LP</name>
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        <name>WW International, Inc.</name>
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        <name>Ortho-Clinical Diagnostics, Inc.</name>
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        <name>JPW Industries Holding Corp.</name>
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        <name>Cimpress plc</name>
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        <name>Consensus Cloud Solutions, Inc.</name>
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        <name>LFS Topco LLC</name>
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        <name>Real Hero Merger Sub 2, Inc.</name>
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        <name>Parkland Corp.</name>
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        <name>CSC Holdings LLC</name>
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        <name>US Acute Care Solutions LLC</name>
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        <name>Venture Global Calcasieu Pass LLC</name>
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        <name>Whiting Petroleum Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Service Properties Trust</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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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Service Properties Trust</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>Service Properties Trust</title>
        <cusip>81761LAA0</cusip>
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          <isin value="US81761LAA08"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Allison Transmission, Inc.</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>Allison Transmission, Inc.</title>
        <cusip>019736AG2</cusip>
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          <isin value="US019736AG29"/>
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        <balance>285000.00000000</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>2031-01-30</maturityDt>
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      <invstOrSec>
        <name>Triumph Group, Inc.</name>
        <lei>5493007L6S47Q14SL582</lei>
        <title>Triumph Group, 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>2024-09-15</maturityDt>
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      <invstOrSec>
        <name>GCI LLC</name>
        <lei>549300N3IE9H88Q20221</lei>
        <title>GCI LLC</title>
        <cusip>36166TAB6</cusip>
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        <balance>985000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc.</title>
        <cusip>46284VAN1</cusip>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>343504.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Tap Rock Resources LLC</name>
        <lei>549300Y3SDS1HPFQ6H17</lei>
        <title>Tap Rock Resources LLC</title>
        <cusip>87602LAA0</cusip>
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          <isin value="US87602LAA08"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>606890.99000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Liberty Interactive LLC</name>
        <lei>549300SZUIU7Z32Q0664</lei>
        <title>Liberty Interactive LLC</title>
        <cusip>530715AD3</cusip>
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          <isin value="US530715AD31"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126257.60000000</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>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>Brookfield Property REIT, Inc.</name>
        <lei>N/A</lei>
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        <cusip>11284DAA3</cusip>
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        <balance>1495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1450224.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Warrior Met Coal, Inc.</name>
        <lei>549300152B1S9YKBYV79</lei>
        <title>Warrior Met Coal, Inc.</title>
        <cusip>93627CAB7</cusip>
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          <isin value="US93627CAB72"/>
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        <balance>605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>633867.58000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Varex Imaging Corp.</name>
        <lei>549300CWYWPVCT8E9W67</lei>
        <title>Varex Imaging Corp.</title>
        <cusip>92214XAC0</cusip>
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          <isin value="US92214XAC02"/>
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        <balance>154000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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        <name>Northern Oil and Gas, Inc.</name>
        <lei>OKFF0PIZDDMNH4UCYE51</lei>
        <title>Northern Oil and Gas, Inc.</title>
        <cusip>665531AG4</cusip>
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        <balance>1550000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>8.12500000</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>365000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ITT Holdings LLC</name>
        <lei>549300TH2PHOLK31LB42</lei>
        <title>ITT Holdings LLC</title>
        <cusip>45074JAA2</cusip>
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        <balance>3622000.00000000</balance>
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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>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Rite Aid Corp.</name>
        <lei>529900W353T1JY1DKT44</lei>
        <title>Rite Aid Corp.</title>
        <cusip>767754CL6</cusip>
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        <balance>2425000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>Alta Equipment Group, Inc.</name>
        <lei>N/A</lei>
        <title>Alta Equipment Group, Inc.</title>
        <cusip>02128LAA4</cusip>
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        <balance>460000.00000000</balance>
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        <valUSD>428318.40000000</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>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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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>37954FAG9</cusip>
        <identifiers>
          <isin value="US37954FAG90"/>
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      <invstOrSec>
        <name>Parkland Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransDigm UK Holdings plc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HUB International Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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        <name>Compass Minerals International, Inc.</name>
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        <name>P&amp;L Development LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-15</maturityDt>
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        <name>Presidio Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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        <name>Great Lakes Dredge &amp; Dock Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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        <name>Berry Petroleum Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FirstEnergy Corp.</name>
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        <name>Yum! Brands, Inc.</name>
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        <name>APX Group, Inc.</name>
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        <name>NGL Energy Partners LP</name>
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        <name>Crocs, Inc.</name>
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        <name>Transocean Phoenix 2 Ltd.</name>
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        <name>Envision Healthcare Corp.</name>
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        <name>Aramark Services, Inc.</name>
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        <name>Nielsen Finance LLC</name>
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        <title>Nielsen Finance LLC</title>
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        <name>McGraw-Hill Education, Inc.</name>
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        <name>DISH DBS Corp.</name>
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        <name>Mohegan Gaming &amp; Entertainment</name>
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        <name>Matador Resources Co.</name>
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        <name>Vericast Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Telecom Italia Capital SA</name>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-30</maturityDt>
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      <invstOrSec>
        <name>Nielsen Finance LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Coronado Finance Pty. Ltd.</name>
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      <invstOrSec>
        <name>Sunoco LP</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <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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      <invstOrSec>
        <name>World Acceptance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US981419AC85"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Encompass Health Corp.</name>
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        <title>Encompass Health Corp.</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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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>2029-09-15</maturityDt>
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        <name>Mineral Resources Ltd.</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
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      <invstOrSec>
        <name>TK Elevator US Newco, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Live Nation Entertainment, Inc.</name>
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        <name>Fortress Transportation &amp; Infrastructure Investors LLC</name>
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        <name>Carpenter Technology Corp.</name>
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        <name>Welltec International ApS</name>
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        <invCountry>DK</invCountry>
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        <name>DCP Midstream Operating LP</name>
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        <name>Minerals Technologies, Inc.</name>
        <lei>549300D3I1QU67GP6403</lei>
        <title>Minerals Technologies, Inc.</title>
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        <name>Pitney Bowes, Inc.</name>
        <lei>549300N2O26NW4ST6W55</lei>
        <title>Pitney Bowes, Inc.</title>
        <cusip>724479AQ3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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        <name>Spirit AeroSystems, Inc.</name>
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        <name>Ahead DB Holdings LLC</name>
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        <name>Cablevision Lightpath LLC</name>
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        <name>Goodyear Tire &amp; Rubber Co. (The)</name>
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        <name>Dornoch Debt Merger Sub, Inc.</name>
        <lei>N/A</lei>
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        <name>Western Global Airlines LLC</name>
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        <name>RegionalCare Hospital Partners Holdings, Inc.</name>
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        <name>Transocean Guardian Ltd.</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Picasso Finance Sub, Inc.</name>
        <lei>N/A</lei>
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          <maturityDt>2025-06-15</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>Stericycle, Inc.</name>
        <lei>B8PTJH2P0AXSWSMP2136</lei>
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        <name>Tempur Sealy International, Inc.</name>
        <lei>549300HFEKVR3US71V91</lei>
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        <name>Gran Tierra Energy, Inc.</name>
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        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</title>
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        <name>Triton Water Holdings, Inc.</name>
        <lei>5493005IYCEL7QJFZZ63</lei>
        <title>Triton Water Holdings, Inc.</title>
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        <name>Tempo Acquisition LLC</name>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Energy Ventures Gom LLC</name>
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        <title>Energy Ventures Gom LLC</title>
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        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy, Inc.</title>
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        <name>Condor Merger Sub, Inc.</name>
        <lei>254900SAGUYT3MBUU161</lei>
        <title>Condor Merger Sub, Inc.</title>
        <cusip>579063AB4</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Brookfield Property REIT, Inc.</name>
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        <name>Triumph Group, Inc.</name>
        <lei>5493007L6S47Q14SL582</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Stericycle, Inc.</name>
        <lei>B8PTJH2P0AXSWSMP2136</lei>
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          <maturityDt>2029-01-15</maturityDt>
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        <name>Ziggo BV</name>
        <lei>213800TQASLF9JXH5J59</lei>
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        <balance>320000.00000000</balance>
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        <valUSD>284016.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</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>Forestar Group, Inc.</name>
        <lei>549300BC2UB0GHV60V70</lei>
        <title>Forestar Group, Inc.</title>
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          <isin value="US346232AF83"/>
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        <balance>501000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>451821.84000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
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      <invstOrSec>
        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</title>
        <cusip>674599ED3</cusip>
        <identifiers>
          <isin value="US674599ED34"/>
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        <balance>1285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1394430.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Eldorado Gold Corp.</name>
        <lei>5493004PWQ01YDD1IH62</lei>
        <title>Eldorado Gold Corp.</title>
        <cusip>284902AF0</cusip>
        <identifiers>
          <isin value="US284902AF02"/>
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        <balance>1185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1149450.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>Molina Healthcare, Inc.</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>Molina Healthcare, Inc.</title>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351792.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Cinemark USA, Inc.</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>Cinemark USA, Inc.</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</title>
        <cusip>674599DR3</cusip>
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        <balance>75000.00000000</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>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.15000000</annualizedRt>
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      <invstOrSec>
        <name>Avient Corp.</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
        <title>Avient Corp.</title>
        <cusip>73179PAM8</cusip>
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        <balance>725000.00000000</balance>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Emera, Inc.</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>Emera, Inc., Series 16-A</title>
        <cusip>290876AD3</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Genesis Energy LP</name>
        <lei>N/A</lei>
        <title>Genesis Energy LP</title>
        <cusip>37185LAL6</cusip>
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        <balance>2190000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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        <name>EnLink Midstream Partners LP</name>
        <lei>88CPW63VL7KHJWS0NY83</lei>
        <title>EnLink Midstream Partners LP</title>
        <cusip>29336UAD9</cusip>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96478.75000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</annualizedRt>
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        <name>NESCO Holdings II, Inc.</name>
        <lei>254900FAHT0HW9T6L409</lei>
        <title>NESCO Holdings II, Inc.</title>
        <cusip>64083YAA9</cusip>
        <identifiers>
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        <balance>1540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1453398.10000000</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>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Calpine Corp.</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
        <title>Calpine Corp.</title>
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        <name>Open Text Holdings, Inc.</name>
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        <name>Mattamy Group Corp.</name>
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        <name>ASP Unifrax Holdings, Inc.</name>
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        <name>Pitney Bowes, Inc.</name>
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        <name>Encompass Health Corp.</name>
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        <name>CSC Holdings LLC</name>
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        <name>United Wholesale Mortgage LLC</name>
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          <maturityDt>2029-04-15</maturityDt>
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        <name>Bausch Health Cos., Inc.</name>
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        <name>Arches Buyer, Inc.</name>
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        <name>UPC Broadband Finco BV</name>
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        <name>Taseko Mines Ltd.</name>
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        <name>Oasis Petroleum, Inc.</name>
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        <name>Gulfport Energy Operating Corp.</name>
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        <name>Oceaneering International, Inc.</name>
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        <name>AmeriGas Partners LP</name>
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        <name>Yum! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
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        <name>BellRing Brands, Inc.</name>
        <lei>549300S3BOK5CMTS8054</lei>
        <title>BellRing Brands, Inc.</title>
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      <invstOrSec>
        <name>LBM Acquisition LLC</name>
        <lei>549300FAEB3VWZL4NI86</lei>
        <title>LBM Acquisition LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>CQP Holdco LP</name>
        <lei>N/A</lei>
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        <cusip>12657NAA8</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Sunoco LP</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>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Howmet Aerospace, Inc.</name>
        <lei>549300HO5WFZUT5N2T22</lei>
        <title>Howmet Aerospace, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Allen Media LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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          <annualizedRt>10.50000000</annualizedRt>
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      <invstOrSec>
        <name>Vector Group Ltd.</name>
        <lei>549300TUIF4WWN6NDN50</lei>
        <title>Vector Group Ltd.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Motion Bondco DAC</name>
        <lei>635400KFD3IETNQLA755</lei>
        <title>Motion Bondco DAC</title>
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        <curCd>USD</curCd>
        <valUSD>1323349.83000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Turning Point Brands, Inc.</name>
        <lei>549300IYG00QF0VVP302</lei>
        <title>Turning Point Brands, Inc.</title>
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        <balance>155000.00000000</balance>
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        <valUSD>147768.48000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FXI Holdings, Inc.</name>
        <lei>549300VLKCUZW3MSVS50</lei>
        <title>FXI Holdings, Inc.</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US Foods, Inc.</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US Foods, Inc.</title>
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        <balance>130000.00000000</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>2030-06-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Holly Energy Partners LP</name>
        <lei>N/A</lei>
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        <balance>700000.00000000</balance>
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        <name>Forestar Group, Inc.</name>
        <lei>549300BC2UB0GHV60V70</lei>
        <title>Forestar Group, Inc.</title>
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        <name>Mozart Debt Merger Sub, Inc.</name>
        <lei>N/A</lei>
        <title>Mozart Debt Merger Sub, Inc.</title>
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        <name>CCO Holdings LLC</name>
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        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</title>
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        <invCountry>US</invCountry>
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        <name>LABL, Inc.</name>
        <lei>5493004FUZN8R6Y3VB98</lei>
        <title>LABL, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Iliad Holding SASU</name>
        <lei>9695009PXA7OI9NXN582</lei>
        <title>Iliad Holding SASU</title>
        <cusip>449691AC8</cusip>
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        <balance>1720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1628573.40000000</valUSD>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>Altice France Holding SA</name>
        <lei>5299000JVHXKJPOE6H40</lei>
        <title>Altice France Holding SA</title>
        <cusip>02156TAB0</cusip>
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        <balance>590000.00000000</balance>
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        <name>Carriage Purchaser, Inc.</name>
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        <name>Howard Hughes Corp. (The)</name>
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        <name>Titan Acquisition Ltd.</name>
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        <name>Prestige Brands, Inc.</name>
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        <name>Strathcona Resources Ltd.</name>
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        <name>Crestwood Midstream Partners LP</name>
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        <name>ZoomInfo Technologies LLC</name>
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        <name>Precision Drilling Corp.</name>
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        <name>Altice France Holding SA</name>
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        <name>TransDigm, Inc.</name>
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        <name>LPL Holdings, Inc.</name>
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        <name>Apollo Commercial Real Estate Finance, Inc.</name>
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        <name>Twitter, Inc.</name>
        <lei>549300I8RX485XMK6836</lei>
        <title>Twitter, Inc.</title>
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      <invstOrSec>
        <name>Virgin Media Secured Finance plc</name>
        <lei>213800X3RLP4NOTPY579</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oriflame Investment Holding plc</name>
        <lei>549300LGP4VBCHWQTD80</lei>
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        <invCountry>JE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>B&amp;G Foods, Inc.</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Magnolia Oil &amp; Gas Operating LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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      <invstOrSec>
        <name>Vmed O2 UK Financing I plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-31</maturityDt>
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      <invstOrSec>
        <name>Scientific Games Holdings LP</name>
        <lei>N/A</lei>
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        <cusip>80874DAA4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
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      <invstOrSec>
        <name>Vector Group Ltd.</name>
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        <title>Vector Group Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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      <invstOrSec>
        <name>Genesis Energy LP</name>
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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>8.00000000</annualizedRt>
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        <name>Liberty Mutual Group, Inc.</name>
        <lei>QUR0DG15Z6FFGYCHH861</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-02-01</maturityDt>
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          <annualizedRt>4.30000000</annualizedRt>
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        <name>Resorts World Las Vegas LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Herens Holdco Sarl</name>
        <lei>2221002FZ55AMAUX4G64</lei>
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        <invCountry>LU</invCountry>
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          <maturityDt>2028-05-15</maturityDt>
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        <name>Community Health Systems, Inc.</name>
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        <name>Patrick Industries, Inc.</name>
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        <title>Patrick Industries, Inc.</title>
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        <name>Frontier Communications Holdings LLC</name>
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        <name>EQM Midstream Partners LP</name>
        <lei>549300NELT611CL6XM83</lei>
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        <name>Sylvamo Corp.</name>
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        <title>Sylvamo Corp.</title>
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        <name>NuStar Logistics LP</name>
        <lei>N62BF2PKP51FIIOIUN20</lei>
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        <name>PG&amp;E Corp.</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG&amp;E Corp.</title>
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        <name>Albion Financing 1 SARL</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>GEO Group, Inc. (The)</name>
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        <name>Liberty Mutual Group, Inc.</name>
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      <invstOrSec>
        <name>Mauser Packaging Solutions Holding Co.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
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        <name>EverArc Escrow Sarl</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-30</maturityDt>
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        <name>Acadia Healthcare Co., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Armor Holdco, Inc.</name>
        <lei>254900X6HLK0YPTHHF09</lei>
        <title>Armor Holdco, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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          <annualizedRt>8.50000000</annualizedRt>
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        <name>Intesa Sanpaolo SpA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>Intesa Sanpaolo SpA</title>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
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      <invstOrSec>
        <name>Antero Midstream Partners LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Nielsen Finance LLC</name>
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        <name>Lamb Weston Holdings, Inc.</name>
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        <name>Altice France SA</name>
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        <name>Affinity Gaming</name>
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        <title>Affinity Gaming</title>
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        <name>Endurance International Group Holdings, Inc.</name>
        <lei>549300UTQC2651SB0W88</lei>
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        <name>Acrisure LLC</name>
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        <name>CPI CG, Inc.</name>
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        <name>FirstCash, Inc.</name>
        <lei>549300V2X3UU7K0DG350</lei>
        <title>FirstCash, Inc.</title>
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        <name>Perenti Finance Pty. Ltd.</name>
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        <name>Starwood Property Trust, Inc.</name>
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        <name>Hadrian Merger Sub, Inc.</name>
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        <name>UPC Holding BV</name>
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        <name>PetSmart, Inc.</name>
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        <name>Nationstar Mortgage Holdings, Inc.</name>
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        <name>Intelsat Jackson Holdings SA</name>
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        <name>Cobra AcquisitionCo LLC</name>
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        <name>Sprint Capital Corp.</name>
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        <name>Encompass Health Corp.</name>
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        <name>Imola Merger Corp.</name>
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        <name>99 Escrow Issuer, Inc.</name>
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        <name>DT Midstream, Inc.</name>
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        <name>Iron Mountain, Inc.</name>
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        <name>1011778 BC ULC</name>
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        <name>Rayonier AM Products, Inc.</name>
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        <name>SWF Escrow Issuer Corp.</name>
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        <name>Virgin Media Secured Finance plc</name>
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        <name>Consensus Cloud Solutions, Inc.</name>
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        <name>Venture Global Calcasieu Pass LLC</name>
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        <name>Sirius XM Radio, Inc.</name>
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        <name>US Renal Care, Inc.</name>
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        <name>Raptor Acquisition Corp.</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WR Grace Holdings LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP</name>
        <lei>N/A</lei>
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          <isin value="US87470LAJ08"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Algonquin Power &amp; Utilities Corp.</name>
        <lei>549300K5VIUTJXQL7X75</lei>
        <title>Algonquin Power &amp; Utilities Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2082-01-18</maturityDt>
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      <invstOrSec>
        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC</title>
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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>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307BK2</cusip>
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          <isin value="US126307BK24"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154950.00000000</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>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>VM Consolidated, Inc.</name>
        <lei>N/A</lei>
        <title>VM Consolidated, Inc.</title>
        <cusip>91835HAA0</cusip>
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          <isin value="US91835HAA05"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>963436.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Uber Technologies, Inc.</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>Uber Technologies, Inc.</title>
        <cusip>90353TAE0</cusip>
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          <isin value="US90353TAE01"/>
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        <balance>1640000.00000000</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>2027-09-15</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>DaVita, Inc.</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita, Inc.</title>
        <cusip>23918KAT5</cusip>
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        <balance>570000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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        <name>Yum! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>Yum! Brands, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <name>Advantage Sales &amp; Marketing, Inc.</name>
        <lei>549300T4O24KQDED1182</lei>
        <title>Advantage Sales &amp; Marketing, Inc.</title>
        <cusip>00775PAA5</cusip>
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        <balance>1255000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Beazer Homes USA, Inc.</name>
        <lei>549300DUPYT2T0F60I45</lei>
        <title>Beazer Homes USA, Inc.</title>
        <cusip>07556QBT1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
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      <invstOrSec>
        <name>US Foods, Inc.</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US Foods, Inc.</title>
        <cusip>90290MAC5</cusip>
        <identifiers>
          <isin value="US90290MAC55"/>
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        <balance>300000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Aethon United BR LP</name>
        <lei>N/A</lei>
        <title>Aethon United BR LP</title>
        <cusip>00810GAC8</cusip>
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          <isin value="US00810GAC87"/>
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        <balance>840000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>8.25000000</annualizedRt>
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        <name>Coinbase Global, Inc.</name>
        <lei>5493004G3J2SC154DU06</lei>
        <title>Coinbase Global, Inc.</title>
        <cusip>19260QAC1</cusip>
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        <balance>190000.00000000</balance>
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        <valUSD>147860.85000000</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>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP</name>
        <lei>N/A</lei>
        <title>Tallgrass Energy Partners LP</title>
        <cusip>87470LAD3</cusip>
        <identifiers>
          <isin value="US87470LAD38"/>
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        <balance>1340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1254575.00000000</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>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Midcap Financial Issuer Trust</name>
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      <invstOrSec>
        <name>Precision Drilling Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Altice France SA</name>
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        <name>CCO Holdings LLC</name>
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        <name>SCIH Salt Holdings, Inc.</name>
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        <name>Chemours Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Photo Holdings Merger Sub, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>Athabasca Oil Corp.</name>
        <lei>549300STK2KBVO6WED71</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Sirius XM Radio, Inc.</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Alliant Holdings Intermediate LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
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        <name>Realogy Group LLC</name>
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        <name>Baytex Energy Corp.</name>
        <lei>549300R5LTV2H7I1I079</lei>
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        <name>Jefferies Finance LLC</name>
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        <name>Avantor Funding, Inc.</name>
        <lei>5493003VM0XB4U8YD238</lei>
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        <name>Ford Holdings LLC</name>
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        <name>Ziggo Bond Co. BV</name>
        <lei>213800JYI4P7V5QDOG59</lei>
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        <name>B&amp;G Foods, Inc.</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
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        <name>FMG Resources August 2006 Pty. Ltd.</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FMG Resources August 2006 Pty. Ltd.</title>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust, Inc.</title>
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          <isin value="US85571BAS43"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
        <lei>549300W1D516HBDEU871</lei>
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          <isin value="US70932MAA53"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-15</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>FirstEnergy Corp.</name>
        <lei>549300SVYJS666PQJH88</lei>
        <title>FirstEnergy Corp., Series C</title>
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          <isin value="US337932AM94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-03-01</maturityDt>
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          <annualizedRt>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>Nielsen Co. Luxembourg SARL (The)</name>
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          <isin value="US65410CAC47"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Uniti Group LP</name>
        <lei>N/A</lei>
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          <isin value="US91327BAB62"/>
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        <balance>980000.00000000</balance>
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        <valUSD>876414.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-15</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
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          <isin value="US893647BH98"/>
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        <valUSD>756645.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Cerdia Finanz GmbH</name>
        <lei>391200KURNDJSX9GX570</lei>
        <title>Cerdia Finanz GmbH</title>
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          <isin value="US15679GAA04"/>
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        <balance>1695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1504312.50000000</valUSD>
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        <invCountry>DE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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      <invstOrSec>
        <name>Resorts World Las Vegas LLC</name>
        <lei>N/A</lei>
        <title>Resorts World Las Vegas LLC</title>
        <cusip>76120HAA5</cusip>
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          <isin value="US76120HAA59"/>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2356038.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-16</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>AmWINS Group, Inc.</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>AmWINS Group, Inc.</title>
        <cusip>031921AB5</cusip>
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          <isin value="US031921AB57"/>
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        <balance>1020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>935100.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-30</maturityDt>
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          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Marriott Ownership Resorts, Inc.</name>
        <lei>BW4532OH033VURR0IT68</lei>
        <title>Marriott Ownership Resorts, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>XHR LP</name>
        <lei>549300M88BPT83ZL2164</lei>
        <title>XHR LP</title>
        <cusip>98372MAA3</cusip>
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        <balance>475000.00000000</balance>
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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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      <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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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Callon Petroleum Co.</name>
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        <title>Callon Petroleum Co.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
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        <name>BroadStreet Partners, Inc.</name>
        <lei>549300BS9N54G8DD0R75</lei>
        <title>BroadStreet Partners, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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          <annualizedRt>5.87500000</annualizedRt>
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        <name>UniCredit SpA</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UniCredit SpA</title>
        <cusip>904678AQ2</cusip>
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        <balance>2360000.00000000</balance>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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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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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-15</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Penn Virginia Holdings LLC</name>
        <lei>6XOCUKRR0UU0LF5P1W14</lei>
        <title>Penn Virginia Holdings LLC</title>
        <cusip>70789PAA2</cusip>
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          <isin value="US70789PAA21"/>
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        <balance>830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>851787.50000000</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>2026-08-15</maturityDt>
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          <annualizedRt>9.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Park River Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Park River Holdings, Inc.</title>
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      <invstOrSec>
        <name>Newell Brands, Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>Newell Brands, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Intelligent Packaging Ltd. Finco, Inc.</name>
        <lei>N/A</lei>
        <title>Intelligent Packaging Ltd. Finco, Inc.</title>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Change Healthcare Holdings LLC</name>
        <lei>N/A</lei>
        <title>Change Healthcare Holdings LLC</title>
        <cusip>15911NAA3</cusip>
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          <isin value="US15911NAA37"/>
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        <balance>1390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1388283.35000000</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>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>United Wholesale Mortgage LLC</name>
        <lei>549300HW662MN1WU8550</lei>
        <title>United Wholesale Mortgage LLC</title>
        <cusip>91153LAA5</cusip>
        <identifiers>
          <isin value="US91153LAA52"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>883492.80000000</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>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Altice Financing SA</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>Altice Financing SA</title>
        <cusip>02154CAH6</cusip>
        <identifiers>
          <isin value="US02154CAH60"/>
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        <balance>6300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5317105.50000000</valUSD>
        <pctVal>0.606463709254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</title>
        <cusip>674599DJ1</cusip>
        <identifiers>
          <isin value="US674599DJ13"/>
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        <balance>255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>264327.90000000</valUSD>
        <pctVal>0.030148974605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</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>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>Hess Midstream Operations LP</title>
        <cusip>428102AF4</cusip>
        <identifiers>
          <isin value="US428102AF45"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>296019.00000000</valUSD>
        <pctVal>0.033763629619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Hunt Cos., Inc.</name>
        <lei>549300ODPWDNCH5TKM49</lei>
        <title>Hunt Cos., Inc.</title>
        <cusip>445587AE8</cusip>
        <identifiers>
          <isin value="US445587AE85"/>
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        <balance>1455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1345882.28000000</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>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
        <lei>N/A</lei>
        <title>Allied Universal Holdco LLC</title>
        <cusip>049362AA4</cusip>
        <identifiers>
          <isin value="US049362AA49"/>
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        <balance>1320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1160055.60000000</valUSD>
        <pctVal>0.132314775796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Pilgrim's Pride Corp.</name>
        <lei>549300ZSLGV64ZL3HD75</lei>
        <title>Pilgrim's Pride Corp.</title>
        <cusip>72147KAF5</cusip>
        <identifiers>
          <isin value="US72147KAF57"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169050.23000000</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>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Grifols Escrow Issuer SA</name>
        <lei>959800HLB3PGTGSLVV62</lei>
        <title>Grifols Escrow Issuer SA</title>
        <cusip>39843UAA0</cusip>
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          <isin value="US39843UAA07"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>388382.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>ES</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Archrock Partners LP</name>
        <lei>N/A</lei>
        <title>Archrock Partners LP</title>
        <cusip>03959KAA8</cusip>
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          <isin value="US03959KAA88"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>727102.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
        <cusip>893647BL0</cusip>
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          <isin value="US893647BL01"/>
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        <balance>5325000.00000000</balance>
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        <valUSD>4889787.75000000</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>2027-11-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies, Inc.</title>
        <cusip>156700BB1</cusip>
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          <isin value="US156700BB17"/>
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        <balance>2780000.00000000</balance>
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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>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Centennial Resource Production LLC</name>
        <lei>5493004CTVUMQLRPOE23</lei>
        <title>Centennial Resource Production LLC</title>
        <cusip>15138AAA8</cusip>
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          <isin value="US15138AAA88"/>
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        <balance>130000.00000000</balance>
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        <valUSD>127221.90000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>DIRECTV Holdings LLC</name>
        <lei>N/A</lei>
        <title>Directv Financing LLC</title>
        <cusip>25461LAA0</cusip>
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          <isin value="US25461LAA08"/>
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        <balance>4510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4253493.75000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Enviva Partners LP</name>
        <lei>N/A</lei>
        <title>Enviva Partners LP</title>
        <cusip>29413XAD9</cusip>
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          <isin value="US29413XAD93"/>
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        <balance>758000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>773239.59000000</valUSD>
        <pctVal>0.088194930473</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TTM Technologies, Inc.</name>
        <lei>549300SC4BDOIS008048</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Transocean Proteus Ltd.</name>
        <lei>5493000CTMQ2LH21VM89</lei>
        <title>Transocean Proteus Ltd.</title>
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          <isin value="US893829AA96"/>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>NGL Energy Partners LP</name>
        <lei>N/A</lei>
        <title>NGL Energy Partners LP</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-01</maturityDt>
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      <invstOrSec>
        <name>PRA Group, Inc.</name>
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        <title>PRA Group, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>White Cap Buyer LLC</name>
        <lei>N/A</lei>
        <title>White Cap Buyer LLC</title>
        <cusip>96350RAA2</cusip>
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          <isin value="US96350RAA23"/>
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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>2028-10-15</maturityDt>
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          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Rent-A-Center, Inc.</name>
        <lei>529900QUHE15UQNCCJ63</lei>
        <title>Rent-A-Center, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>Cornerstone Building Brands, Inc.</name>
        <lei>549300IW41QEWQ6T0H29</lei>
        <title>Cornerstone Building Brands, Inc.</title>
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        <valUSD>1099909.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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      <invstOrSec>
        <name>MIWD Holdco II LLC</name>
        <lei>N/A</lei>
        <title>MIWD Holdco II LLC</title>
        <cusip>55337PAA0</cusip>
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        <balance>1365000.00000000</balance>
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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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          <annualizedRt>5.50000000</annualizedRt>
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        <name>SCIL IV LLC</name>
        <lei>N/A</lei>
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        <balance>1170000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>QVC, Inc.</name>
        <lei>549300WBLU5NKPX5X472</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-15</maturityDt>
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          <annualizedRt>5.45000000</annualizedRt>
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        <name>Level 3 Financing, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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      <invstOrSec>
        <name>American Airlines, Inc.</name>
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        <name>AmeriGas Partners LP</name>
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        <name>Grand Canyon University</name>
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        <name>F-Brasile SpA</name>
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        <name>UniCredit SpA</name>
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        <name>Midcap Financial Issuer Trust</name>
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        <name>Viking Cruises Ltd.</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>Viking Cruises Ltd.</title>
        <cusip>92676XAF4</cusip>
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        <name>Delek Logistics Partners LP</name>
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        <name>Wheel Pros, Inc.</name>
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        <name>Uber Technologies, Inc.</name>
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        <name>Gray Escrow II, Inc.</name>
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        <name>Boyd Gaming Corp.</name>
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        <name>NMG Holding Co., Inc.</name>
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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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        <name>New Home Co., Inc. (The)</name>
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        <name>Post Holdings, Inc.</name>
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        <name>Sigma Holdco BV</name>
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        <name>CVR Energy, Inc.</name>
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        <name>Rackspace Technology Global, Inc.</name>
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        <name>Northwest Fiber LLC</name>
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        <name>Ithaca Energy North Sea plc</name>
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        <name>Ford Motor Credit Co. LLC</name>
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        <name>Nationstar Mortgage Holdings, Inc.</name>
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        <name>Prime Healthcare Services, Inc.</name>
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      <invstOrSec>
        <name>Occidental Petroleum Corp.</name>
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        <name>Home Point Capital, Inc.</name>
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        <name>Calpine Corp.</name>
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        <name>Empire Communities Corp.</name>
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        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
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        <name>Terrier Media Buyer, Inc.</name>
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        <name>SS&amp;C Technologies, Inc.</name>
        <lei>549300KY09TR3J12JU49</lei>
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        <name>Victors Merger Corp.</name>
        <lei>N/A</lei>
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        <name>Foundation Building Materials, Inc.</name>
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        <name>Veritas US, Inc.</name>
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        <name>Bausch Health Americas, Inc.</name>
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        <name>Pactiv Evergreen Group Issuer, Inc.</name>
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        <name>Sirius XM Radio, Inc.</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <name>Viking Ocean Cruises Ship VII Ltd.</name>
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        <name>CoreLogic, Inc.</name>
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        <name>Northwest Fiber LLC</name>
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        <name>Staples, Inc.</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>Staples, Inc.</title>
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      <invstOrSec>
        <name>NGL Energy Partners LP</name>
        <lei>N/A</lei>
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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>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Clarios Global LP</name>
        <lei>549300474L1ZLXZY2P98</lei>
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        <cusip>18060TAA3</cusip>
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          <isin value="US18060TAA34"/>
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        <balance>605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>617913.73000000</valUSD>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>APi Group DE, Inc.</name>
        <lei>549300XP4G7B4QYA0G83</lei>
        <title>APi Group DE, Inc.</title>
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          <isin value="US001877AA71"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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      <invstOrSec>
        <name>Stena AB</name>
        <lei>213800CWLTI7WZCC2R35</lei>
        <title>Stena AB</title>
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          <isin value="US858577AR03"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1069775.50000000</valUSD>
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        <invCountry>SE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>LSF9 Atlantis Holdings LLC</name>
        <lei>N/A</lei>
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        <cusip>50220MAA8</cusip>
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          <isin value="US50220MAA80"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1309806.75000000</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>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>California Resources Corp.</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>California Resources Corp.</title>
        <cusip>13057QAH0</cusip>
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          <isin value="US13057QAH02"/>
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        <balance>1171000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1193336.83000000</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>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADT Security Corp. (The)</name>
        <lei>5493009JEEDYLVRA0J13</lei>
        <title>ADT Security Corp. (The)</title>
        <cusip>00109LAA1</cusip>
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          <isin value="US00109LAA17"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>216945.08000000</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>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Millennium Escrow Corp.</name>
        <lei>N/A</lei>
        <title>Millennium Escrow Corp.</title>
        <cusip>60041CAA6</cusip>
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          <isin value="US60041CAA62"/>
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        <balance>1445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1337159.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Jefferson Capital Holdings LLC</name>
        <lei>N/A</lei>
        <title>Jefferson Capital Holdings LLC</title>
        <cusip>472481AA8</cusip>
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          <isin value="US472481AA80"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>420291.00000000</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>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Axalta Coating Systems LLC</name>
        <lei>N/A</lei>
        <title>Axalta Coating Systems LLC</title>
        <cusip>05454NAA7</cusip>
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          <isin value="US05454NAA72"/>
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        <balance>1165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1108235.38000000</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>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>Sizzling Platter LLC</name>
        <lei>N/A</lei>
        <title>Sizzling Platter LLC</title>
        <cusip>830146AB2</cusip>
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        <balance>1310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1194563.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sotheby's</name>
        <lei>N/A</lei>
        <title>Sotheby's</title>
        <cusip>83600GAA2</cusip>
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          <isin value="US83600GAA22"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>612740.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Interpipe Holdings plc</name>
        <lei>2221001V14OZZ8CANJ37</lei>
        <title>Interpipe Holdings plc</title>
        <cusip>460606AA4</cusip>
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          <isin value="US460606AA44"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-13</maturityDt>
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          <annualizedRt>8.37500000</annualizedRt>
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        <name>Albion Financing 2SARL</name>
        <lei>2594009X2UW7EQPIKY23</lei>
        <title>Albion Financing 2SARL</title>
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        <balance>1250000.00000000</balance>
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        <invCountry>LU</invCountry>
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          <maturityDt>2027-04-15</maturityDt>
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          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>Harsco Corp.</name>
        <lei>KAO98FK89NPNNPQGUZ43</lei>
        <title>Harsco Corp.</title>
        <cusip>415864AM9</cusip>
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          <isin value="US415864AM90"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Energizer Holdings, Inc.</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>Energizer Holdings, Inc.</title>
        <cusip>29272WAC3</cusip>
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        <balance>1400000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp.</title>
        <cusip>15135BAW1</cusip>
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        <balance>775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>675424.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Owens-Brockway Glass Container, Inc.</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
        <title>Owens-Brockway Glass Container, Inc.</title>
        <cusip>690872AB2</cusip>
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        <name>Ardagh Metal Packaging Finance USA LLC</name>
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        <name>Likewize Corp.</name>
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        <name>Wabash National Corp.</name>
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        <name>Ford Motor Credit Co. LLC</name>
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        <name>HCA, Inc.</name>
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        <name>Air Methods Corp.</name>
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        <name>Curo Group Holdings Corp.</name>
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        <name>Freedom Mortgage Corp.</name>
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        <name>Conduent Business Services LLC</name>
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        <name>Enstar Finance LLC</name>
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        <name>Altice Financing SA</name>
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        <name>TK Elevator Holdco GmbH</name>
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        <name>TransDigm, Inc.</name>
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        <name>Weatherford International Ltd.</name>
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      <invstOrSec>
        <name>Dealer Tire LLC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ashton Woods USA LLC</name>
        <lei>N/A</lei>
        <title>Ashton Woods USA LLC</title>
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          <isin value="US045086AM71"/>
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        <balance>550000.00000000</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>2029-08-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP</name>
        <lei>N/A</lei>
        <title>Tallgrass Energy Partners LP</title>
        <cusip>87470LAK7</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Genesis Energy LP</name>
        <lei>N/A</lei>
        <title>Genesis Energy LP</title>
        <cusip>37185LAJ1</cusip>
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          <isin value="US37185LAJ17"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1046457.50000000</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>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Axle &amp; Manufacturing, Inc.</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
        <title>American Axle &amp; Manufacturing, Inc.</title>
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          <isin value="US02406PBA75"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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      <invstOrSec>
        <name>ANGI Group LLC</name>
        <lei>N/A</lei>
        <title>ANGI Group LLC</title>
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          <isin value="US001846AA20"/>
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        <balance>1565000.00000000</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>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>Windstream Escrow LLC</name>
        <lei>N/A</lei>
        <title>Windstream Escrow LLC</title>
        <cusip>97382WAA1</cusip>
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          <isin value="US97382WAA18"/>
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        <balance>2806000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2677358.93000000</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>2028-08-15</maturityDt>
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          <annualizedRt>7.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Griffon Corp.</name>
        <lei>5493000C2SGNC7ZN3242</lei>
        <title>Griffon Corp.</title>
        <cusip>398433AP7</cusip>
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          <isin value="US398433AP71"/>
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        <balance>3105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2777127.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jacobs Entertainment, Inc.</name>
        <lei>5493004U9JIWY3HSUO63</lei>
        <title>Jacobs Entertainment, Inc.</title>
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          <isin value="US469815AK08"/>
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        <balance>1305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1280185.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Eco Material Technologies, Inc.</name>
        <lei>N/A</lei>
        <title>Eco Material Technologies, Inc.</title>
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        <balance>925000.00000000</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>2027-01-31</maturityDt>
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          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>Archrock Partners LP</name>
        <lei>N/A</lei>
        <title>Archrock Partners LP</title>
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        <balance>1680000.00000000</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>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>SBA Communications Corp.</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA Communications Corp.</title>
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        <balance>700000.00000000</balance>
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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>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Ascent Resources Utica Holdings LLC</name>
        <lei>N/A</lei>
        <title>Ascent Resources Utica Holdings LLC</title>
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        <balance>500000.00000000</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>2028-12-31</maturityDt>
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          <annualizedRt>8.25000000</annualizedRt>
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        <name>LCM Investments Holdings II LLC</name>
        <lei>549300P5V78NNQTG4428</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Callon Petroleum Co.</name>
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        <title>Callon Petroleum Co.</title>
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        <balance>885000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Weatherford International Ltd.</name>
        <lei>549300A2JKMG5PGOGF82</lei>
        <title>Weatherford International Ltd.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</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>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Diamond Sports Group LLC</name>
        <lei>N/A</lei>
        <title>Diamond Sports Group LLC</title>
        <cusip>25277LAC0</cusip>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1050000.00000000</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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      <invstOrSec>
        <name>Marriott Ownership Resorts, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Trivium Packaging Finance BV</name>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>iHeartCommunications, Inc.</name>
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      <invstOrSec>
        <name>At Home Group, Inc.</name>
        <lei>549300LGPR0P05O30I24</lei>
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        <name>FXI Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-01</maturityDt>
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        <name>Outfront Media Capital LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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        <name>Crestwood Midstream Partners LP</name>
        <lei>N/A</lei>
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        <cusip>226373AR9</cusip>
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          <isin value="US226373AR90"/>
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        <curCd>USD</curCd>
        <valUSD>1271683.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sprint Capital Corp.</name>
        <lei>549300L17W0GQBR1PO80</lei>
        <title>Sprint Capital Corp.</title>
        <cusip>852060AT9</cusip>
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          <isin value="US852060AT99"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>865300.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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        <name>NOVA Chemicals Corp.</name>
        <lei>549300ZOD6N7RI2FJP09</lei>
        <title>NOVA Chemicals Corp.</title>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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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        <balance>2430000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Mercer International, Inc.</name>
        <lei>549300Z5IAG39VRTY874</lei>
        <title>Mercer International, Inc.</title>
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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>2029-02-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>Bausch Health Cos., Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos., Inc.</title>
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        <balance>770000.00000000</balance>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <name>Service Properties Trust</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>Service Properties Trust</title>
        <cusip>44106MAS1</cusip>
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        <balance>400000.00000000</balance>
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          <maturityDt>2024-03-15</maturityDt>
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        <name>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies, Inc., Series G</title>
        <cusip>156686AM9</cusip>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>DISH DBS Corp.</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp.</title>
        <cusip>25470XBF1</cusip>
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        <name>Guitar Center, Inc.</name>
        <lei>N/A</lei>
        <title>Guitar Center, Inc.</title>
        <cusip>40204BAA3</cusip>
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        <balance>545000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ION Trading Technologies Sarl</name>
        <lei>5493009ZVXOKZLQ6QJ12</lei>
        <title>ION Trading Technologies Sarl</title>
        <cusip>46205YAA9</cusip>
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          <isin value="US46205YAA91"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>585975.00000000</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>2028-05-15</maturityDt>
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          <annualizedRt>5.75000000</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>893647BQ9</cusip>
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        <name>Covanta Holding Corp.</name>
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        <name>Titan International, Inc.</name>
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        <name>Prime Security Services Borrower LLC</name>
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        <name>Wynn Las Vegas LLC</name>
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        <name>Level 3 Financing, Inc.</name>
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        <name>CCO Holdings LLC</name>
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        <name>Antero Midstream Partners LP</name>
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        <name>Intrado Corp.</name>
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        <name>Michaels Cos., Inc. (The)</name>
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        <name>Suburban Propane Partners LP</name>
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        <name>American Airlines Group, Inc.</name>
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        <name>Ford Motor Credit Co. LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
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        <name>Horizon Therapeutics USA, Inc.</name>
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        <name>Venator Finance Sarl</name>
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      <invstOrSec>
        <name>Prime Security Services Borrower LLC</name>
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      <invstOrSec>
        <name>Tenneco, Inc.</name>
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          <maturityDt>2029-01-15</maturityDt>
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        <name>Bombardier, Inc.</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier, Inc.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
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      <invstOrSec>
        <name>Urban One, Inc.</name>
        <lei>549300PLGIGPBRQUP240</lei>
        <title>Urban One, Inc.</title>
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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>7.37500000</annualizedRt>
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        <name>Rackspace Technology Global, Inc.</name>
        <lei>549300QTYCKLMFSE8I97</lei>
        <title>Rackspace Technology Global, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>StoneMor, Inc.</name>
        <lei>N/A</lei>
        <title>StoneMor, Inc.</title>
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          <isin value="US86184WAA45"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>Antero Midstream Partners LP</name>
        <lei>N/A</lei>
        <title>Antero Midstream Partners LP</title>
        <cusip>03690AAF3</cusip>
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          <isin value="US03690AAF30"/>
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        <balance>585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>569947.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.37500000</annualizedRt>
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        <name>Yum! Brands, Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
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          <maturityDt>2030-01-15</maturityDt>
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        <name>Gray Television, Inc.</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>Gray Television, Inc.</title>
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        <name>IHO Verwaltungs GmbH</name>
        <lei>529900JL0HDVGZMUJF32</lei>
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        <invCountry>DE</invCountry>
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        <name>Rocket Mortgage LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Callon Petroleum Co.</name>
        <lei>549300EFOWPEB0WLZW21</lei>
        <title>Callon Petroleum Co.</title>
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        <name>SRS Distribution, Inc.</name>
        <lei>549300ZQ3XP75BCYM468</lei>
        <title>SRS Distribution, Inc.</title>
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        <name>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RP Escrow Issuer LLC</name>
        <lei>N/A</lei>
        <title>RP Escrow Issuer LLC</title>
        <cusip>74969PAA6</cusip>
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        <balance>715000.00000000</balance>
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        <valUSD>665936.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>HCA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>eG Global Finance plc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ashton Woods USA LLC</name>
        <lei>N/A</lei>
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          <isin value="US045086AP03"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>SCIH Salt Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>SCIH Salt Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
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        <name>LABL, Inc.</name>
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        <title>LABL, Inc.</title>
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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>New Residential Investment Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-15</maturityDt>
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        <name>Connect Finco SARL</name>
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        <title>Connect Finco SARL</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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      <invstOrSec>
        <name>Deluxe Corp.</name>
        <lei>KWGNKB8TX9LE5TV29231</lei>
        <title>Deluxe Corp.</title>
        <cusip>248019AU5</cusip>
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        <balance>885000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Callon Petroleum Co.</name>
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        <title>Callon Petroleum Co.</title>
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        <balance>220000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-01</maturityDt>
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          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>Valvoline, Inc.</name>
        <lei>549300CMHPBEY6VPOT75</lei>
        <title>Valvoline, Inc.</title>
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        <balance>300000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Asbury Automotive Group, Inc.</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>Asbury Automotive Group, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Genesis Energy LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC</title>
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          <maturityDt>2027-05-01</maturityDt>
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        <name>Cinemark USA, Inc.</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>Cinemark USA, Inc.</title>
        <cusip>172441BD8</cusip>
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        <name>Ortho-Clinical Diagnostics, Inc.</name>
        <lei>N/A</lei>
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        <name>Installed Building Products, Inc.</name>
        <lei>549300I95Y9P9YM5FI86</lei>
        <title>Installed Building Products, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Chesapeake Energy Corp.</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>Chesapeake Energy Corp.</title>
        <cusip>165167DF1</cusip>
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        <balance>625000.00000000</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>2026-02-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Student Bidco, Inc.</name>
        <lei>N/A</lei>
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        <name>Chemours Co. (The)</name>
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        <name>Lumen Technologies, Inc.</name>
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        <name>Allied Universal Holdco LLC</name>
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        <name>Advisor Group Holdings, Inc.</name>
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        <name>Domtar Corp.</name>
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        <name>Teine Energy Ltd.</name>
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        <name>AssuredPartners, Inc.</name>
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        <name>NRG Energy, Inc.</name>
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        <name>Murphy Oil Corp.</name>
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        <name>Hightower Holding LLC</name>
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        <name>Comstock Resources, Inc.</name>
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        <name>Owens-Brockway Glass Container, Inc.</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
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      <invstOrSec>
        <name>Emergent BioSolutions, Inc.</name>
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      <invstOrSec>
        <name>Citgo Holding, Inc.</name>
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      <invstOrSec>
        <name>Gates Global LLC</name>
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      <invstOrSec>
        <name>Hawaiian Brand Intellectual Property Ltd.</name>
        <lei>N/A</lei>
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          <maturityDt>2026-01-20</maturityDt>
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        <name>SRS Distribution, Inc.</name>
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        <name>Arches Buyer, Inc.</name>
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      <invstOrSec>
        <name>Nationstar Mortgage Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Nationstar Mortgage Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Ford Motor Co.</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co.</title>
        <cusip>345370BR0</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-11-01</maturityDt>
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        <name>Performance Food Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
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          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Radiate Holdco LLC</name>
        <lei>N/A</lei>
        <title>Radiate Holdco LLC</title>
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          <maturityDt>2028-09-15</maturityDt>
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        <name>Coinbase Global, Inc.</name>
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        <name>Waste Pro USA, Inc.</name>
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        <name>Kaiser Aluminum Corp.</name>
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        <name>Assurant, Inc.</name>
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        <name>CoreCivic, Inc.</name>
        <lei>529900JFA3K6PTLT8B15</lei>
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        <name>Illuminate Buyer LLC</name>
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        <name>Iliad Holding SASU</name>
        <lei>9695009PXA7OI9NXN582</lei>
        <title>Iliad Holding SASU</title>
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        <name>Ken Garff Automotive LLC</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Bausch Health Americas, Inc.</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Life Time, Inc.</name>
        <lei>549300PALKE96VYH4X17</lei>
        <title>Life Time, Inc.</title>
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        <balance>805000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Diversified Healthcare Trust</name>
        <lei>N/A</lei>
        <title>Diversified Healthcare Trust</title>
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          <isin value="US25525PAA57"/>
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        <balance>1255000.00000000</balance>
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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>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Realogy Group LLC</name>
        <lei>N/A</lei>
        <title>Realogy Group LLC</title>
        <cusip>75606DAL5</cusip>
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          <isin value="US75606DAL55"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>529565.40000000</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>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Compass Group Diversified Holdings LLC</name>
        <lei>549300I6PTUQPX21TE93</lei>
        <title>Compass Group Diversified Holdings LLC</title>
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          <isin value="US20451RAB87"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251650.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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          <annualizedRt>5.25000000</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="US853496AH04"/>
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        <balance>420000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
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          <annualizedRt>8.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Solaris Midstream Holdings LLC</name>
        <lei>5493007AWQW8ZKCHVV46</lei>
        <title>Solaris Midstream Holdings LLC</title>
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          <isin value="US83419MAA09"/>
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        <balance>415000.00000000</balance>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Airlines, Inc.</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>American Airlines, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
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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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        <name>Watco Cos. 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>2027-06-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Crestwood Midstream Partners LP</name>
        <lei>N/A</lei>
        <title>Crestwood Midstream Partners LP</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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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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      <invstOrSec>
        <name>Freedom Mortgage Corp.</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>Freedom Mortgage Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>White Cap Parent LLC</name>
        <lei>N/A</lei>
        <title>White Cap Parent LLC</title>
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        <invCountry>US</invCountry>
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        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307AY3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-01</maturityDt>
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          <annualizedRt>7.50000000</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>400000.00000000</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>2026-07-15</maturityDt>
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      <invstOrSec>
        <name>BlueLinx Holdings, Inc.</name>
        <lei>549300YSX7GU28F5I540</lei>
        <title>BlueLinx Holdings, Inc.</title>
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          <isin value="US09624HAA77"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>EnLink Midstream Partners LP</name>
        <lei>88CPW63VL7KHJWS0NY83</lei>
        <title>EnLink Midstream Partners LP</title>
        <cusip>29336UAG2</cusip>
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          <isin value="US29336UAG22"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>182682.00000000</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>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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      <invstOrSec>
        <name>OT Merger Corp.</name>
        <lei>N/A</lei>
        <title>OT Merger Corp.</title>
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          <isin value="US688777AA92"/>
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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>2029-10-15</maturityDt>
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          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>TreeHouse Foods, Inc.</name>
        <lei>5493007M7EVHE470Q576</lei>
        <title>TreeHouse Foods, Inc.</title>
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          <isin value="US89469AAD63"/>
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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>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ERO Copper Corp.</name>
        <lei>549300KL8A21SEIO8I47</lei>
        <title>ERO Copper Corp.</title>
        <cusip>296006AA7</cusip>
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          <isin value="US296006AA71"/>
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        <balance>1105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>993118.75000000</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>2030-02-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arko Corp.</name>
        <lei>N/A</lei>
        <title>Arko Corp.</title>
        <cusip>041242AA6</cusip>
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          <isin value="US041242AA67"/>
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        <balance>1230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1090173.60000000</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>2029-11-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Diebold Nixdorf, Inc.</name>
        <lei>549300XZK6EWDBAZSY16</lei>
        <title>Diebold Nixdorf, Inc.</title>
        <cusip>253657AA8</cusip>
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          <isin value="US253657AA82"/>
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        <balance>1175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1030416.25000000</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>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LifePoint Health, Inc.</name>
        <lei>549300G8ZVHRTBBBSZ90</lei>
        <title>LifePoint Health, Inc.</title>
        <cusip>53219LAU3</cusip>
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          <isin value="US53219LAU35"/>
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        <balance>1410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1207312.50000000</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>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rocket Software, Inc.</name>
        <lei>549300PVG26ISP5X1556</lei>
        <title>Rocket Software, Inc.</title>
        <cusip>77314EAA6</cusip>
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          <isin value="US77314EAA64"/>
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        <balance>1970000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1689275.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Icahn Enterprises LP</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP</title>
        <cusip>451102BZ9</cusip>
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          <isin value="US451102BZ91"/>
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        <balance>1470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1375714.20000000</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>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Madison IAQ LLC</name>
        <lei>549300IXDNBXNHUPBU73</lei>
        <title>Madison IAQ LLC</title>
        <cusip>55760LAA5</cusip>
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          <isin value="US55760LAA52"/>
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        <balance>315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>277989.08000000</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>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ford Motor Co.</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co.</title>
        <cusip>345370DA5</cusip>
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          <isin value="US345370DA55"/>
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        <balance>2310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1880651.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Vodafone Group plc</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group plc</title>
        <cusip>92857WBQ2</cusip>
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          <isin value="US92857WBQ24"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>470538.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2079-04-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.99999840</annualizedRt>
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      <invstOrSec>
        <name>Vmed O2 UK Financing I plc</name>
        <lei>213800MRR46ECNGZ7L69</lei>
        <title>Vmed O2 UK Financing I plc</title>
        <cusip>92858RAB6</cusip>
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          <isin value="US92858RAB69"/>
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        <balance>760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>653094.60000000</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>2031-07-15</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Virgin Media Vendor Financing Notes IV DAC</name>
        <lei>635400ZZNJSEA4CAJR23</lei>
        <title>Virgin Media Vendor Financing Notes IV DAC</title>
        <cusip>92770QAA5</cusip>
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          <isin value="US92770QAA58"/>
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        <balance>885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>805186.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Midwest Gaming Borrower LLC</name>
        <lei>N/A</lei>
        <title>Midwest Gaming Borrower LLC</title>
        <cusip>59833DAB6</cusip>
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          <isin value="US59833DAB64"/>
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        <balance>2055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1805862.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Global Partners LP</name>
        <lei>N/A</lei>
        <title>Global Partners LP</title>
        <cusip>37954FAJ3</cusip>
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          <isin value="US37954FAJ30"/>
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        <balance>1195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1166561.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NuStar Logistics LP</name>
        <lei>N62BF2PKP51FIIOIUN20</lei>
        <title>NuStar Logistics LP</title>
        <cusip>67059TAE5</cusip>
        <identifiers>
          <isin value="US67059TAE55"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>240321.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Arconic Corp.</name>
        <lei>549300B4YFWH3U74B152</lei>
        <title>Arconic Corp.</title>
        <cusip>03966VAA5</cusip>
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          <isin value="US03966VAA52"/>
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        <balance>1660000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1611229.20000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASGN, Inc.</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>ASGN, Inc.</title>
        <cusip>00191UAA0</cusip>
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          <isin value="US00191UAA07"/>
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        <balance>695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>646596.73000000</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>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ZipRecruiter, Inc.</name>
        <lei>549300HLOVNNFCY2IV80</lei>
        <title>ZipRecruiter, Inc.</title>
        <cusip>98980BAA1</cusip>
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          <isin value="US98980BAA17"/>
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        <balance>1280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1198502.40000000</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>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQM Midstream Partners LP</name>
        <lei>549300NELT611CL6XM83</lei>
        <title>EQM Midstream Partners LP</title>
        <cusip>26885BAK6</cusip>
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          <isin value="US26885BAK61"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>157820.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Metis Merger Sub LLC</name>
        <lei>N/A</lei>
        <title>Metis Merger Sub LLC</title>
        <cusip>59155LAA0</cusip>
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          <isin value="US59155LAA08"/>
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        <balance>2170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1890731.85000000</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>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ford Motor Co.</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co.</title>
        <cusip>345370BY5</cusip>
        <identifiers>
          <isin value="US345370BY59"/>
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        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>342436.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DISH DBS Corp.</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp.</title>
        <cusip>25470XBD6</cusip>
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          <isin value="US25470XBD66"/>
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        <balance>4284000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3350045.16000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>Bristow Group, Inc.</name>
        <lei>5493005Q24EN3UC1PV68</lei>
        <title>Bristow Group, Inc.</title>
        <cusip>11040GAA1</cusip>
        <identifiers>
          <isin value="US11040GAA13"/>
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        <balance>910000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>893020.81000000</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>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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>BCPE Ulysses Intermediate, Inc.</name>
        <lei>N/A</lei>
        <title>BCPE Ulysses Intermediate, Inc.</title>
        <cusip>05553LAA1</cusip>
        <identifiers>
          <isin value="US05553LAA17"/>
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        <balance>1405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1203045.30000000</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>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Parkland Corp.</name>
        <lei>549300XHQS1JYWBNK868</lei>
        <title>Parkland Corp.</title>
        <cusip>70137TAP0</cusip>
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          <isin value="US70137TAP03"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>616915.20000000</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>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Garda World Security Corp.</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>Garda World Security Corp.</title>
        <cusip>36485MAL3</cusip>
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        <balance>1395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1157710.50000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sunoco LP</name>
        <lei>N/A</lei>
        <title>Sunoco LP</title>
        <cusip>86765LAN7</cusip>
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          <isin value="US86765LAN73"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>719904.10000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp.</title>
        <cusip>15135BAX9</cusip>
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          <isin value="US15135BAX91"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208193.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>Staples, Inc.</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>Staples, Inc.</title>
        <cusip>855030AP7</cusip>
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          <isin value="US855030AP77"/>
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        <balance>3228000.00000000</balance>
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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>10.75000000</annualizedRt>
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      <invstOrSec>
        <name>Nielsen Finance LLC</name>
        <lei>N/A</lei>
        <title>Nielsen Finance LLC</title>
        <cusip>65409QBD3</cusip>
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          <isin value="US65409QBD34"/>
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        <balance>1475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1431435.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Promontoria Holding 264 BV</name>
        <lei>54930014SXEXD3RX1509</lei>
        <title>Promontoria Holding 264 BV</title>
        <cusip>74349MAA4</cusip>
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          <isin value="US74349MAA45"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>988412.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ModivCare, Inc.</name>
        <lei>549300EFZIFW7F7I0Q28</lei>
        <title>ModivCare, Inc.</title>
        <cusip>743815AE2</cusip>
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          <isin value="US743815AE20"/>
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        <balance>674000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>661335.54000000</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>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kennedy-Wilson, Inc.</name>
        <lei>5EA4464UK7FM5QNNKL62</lei>
        <title>Kennedy-Wilson, Inc.</title>
        <cusip>489399AM7</cusip>
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          <isin value="US489399AM73"/>
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        <name>Pike Corp.</name>
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        <name>Brundage-Bone Concrete Pumping Holdings, Inc.</name>
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        <name>Outfront Media Capital LLC</name>
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        <name>OneMain Finance Corp.</name>
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        <name>Xerox Holdings Corp.</name>
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        <name>AssuredPartners, Inc.</name>
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        <name>SRS Distribution, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fortress Transportation and Infrastructure Investors LLC</name>
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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>Rockpoint Gas Storage Canada Ltd.</name>
        <lei>549300T32FQEHEIVPB75</lei>
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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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        <name>StoneX Group, Inc.</name>
        <lei>549300JUF07L8VF02M60</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-15</maturityDt>
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        <name>CP Atlas Buyer, Inc.</name>
        <lei>2549006ZZ07G0NDDCR36</lei>
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        <name>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
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        <name>Transocean Sentry Ltd.</name>
        <lei>N/A</lei>
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        <name>Global Net Lease, Inc.</name>
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        <name>Ascent Resources Utica Holdings LLC</name>
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        <name>Diamond Sports Group LLC</name>
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        <name>Madison IAQ LLC</name>
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        <name>Travel + Leisure Co.</name>
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        <name>Radiology Partners, Inc.</name>
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        <name>Royal Caribbean Cruises Ltd.</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>Royal Caribbean Cruises Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cedar Fair LP</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Pactiv LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>C&amp;S Group Enterprises LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Energizer Holdings, Inc.</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>Energizer Holdings, Inc.</title>
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        <balance>345000.00000000</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>2027-12-31</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Rockies Express Pipeline LLC</name>
        <lei>W2ZGZGZKY5GGNY6F3V51</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>2040-04-15</maturityDt>
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          <annualizedRt>6.87500000</annualizedRt>
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        <name>Brink's Co. (The)</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>Brink's Co. (The)</title>
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          <isin value="US109696AB05"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291247.00000000</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>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CoreCivic, Inc.</name>
        <lei>529900JFA3K6PTLT8B15</lei>
        <title>CoreCivic, Inc.</title>
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          <isin value="US21871NAB73"/>
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        <balance>1320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1358385.60000000</valUSD>
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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>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>DaVita, Inc.</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita, Inc.</title>
        <cusip>23918KAS7</cusip>
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        <balance>1823000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1589227.60000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>NFP Corp.</name>
        <lei>VO2L9FZNXDJNQNEYH039</lei>
        <title>NFP Corp.</title>
        <cusip>65342RAD2</cusip>
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          <isin value="US65342RAD26"/>
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        <balance>6715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5934213.38000000</valUSD>
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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>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Cable One, Inc.</name>
        <lei>549300648QS85T0XSH18</lei>
        <title>Cable One, Inc.</title>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>232100.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Uniti Group LP</name>
        <lei>N/A</lei>
        <title>Uniti Group LP</title>
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        <balance>3700000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc.</title>
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        <balance>2731000.00000000</balance>
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          <maturityDt>2030-07-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Frontier Communications Holdings LLC</name>
        <lei>N/A</lei>
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        <name>Comstock Resources, Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Resources, Inc.</title>
        <cusip>205768AT1</cusip>
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        <invCountry>US</invCountry>
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        <name>Icahn Enterprises LP</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP</title>
        <cusip>451102CC9</cusip>
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        <invCountry>US</invCountry>
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        <name>Altice France SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>Altice France SA</title>
        <cusip>02156LAC5</cusip>
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        <valUSD>1685498.60000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CEC Entertainment LLC</name>
        <lei>N/A</lei>
        <title>CEC Entertainment LLC</title>
        <cusip>125137AC3</cusip>
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        <balance>1265000.00000000</balance>
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        <valUSD>1190693.90000000</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>2026-05-01</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Transocean Poseidon Ltd.</name>
        <lei>N/A</lei>
        <title>Transocean Poseidon Ltd.</title>
        <cusip>89383JAA6</cusip>
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        <name>McGraw-Hill Education, Inc.</name>
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        <name>Artera Services LLC</name>
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        <name>Diversified Healthcare Trust</name>
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        <name>PM General Purchaser LLC</name>
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        <name>Signal Parent, Inc.</name>
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        <name>Unisys Corp.</name>
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      <invstOrSec>
        <name>Acrisure LLC</name>
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      <invstOrSec>
        <name>Fertitta Entertainment LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
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        <name>Vistra Operations Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Garda World Security Corp.</name>
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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>Tronox, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>TKC Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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          <annualizedRt>10.50000000</annualizedRt>
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      <invstOrSec>
        <name>United States Steel Corp.</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
        <title>United States Steel Corp.</title>
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        <curCd>USD</curCd>
        <valUSD>1375332.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <name>Seagate HDD Cayman</name>
        <lei>529900BD50TRWEG1SF63</lei>
        <title>Seagate HDD Cayman</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Rockies Express Pipeline LLC</name>
        <lei>W2ZGZGZKY5GGNY6F3V51</lei>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>137595.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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      <invstOrSec>
        <name>Clarios Global LP</name>
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        <balance>3600000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <name>Aretec Escrow Issuer, Inc.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-04-01</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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        <name>Rain CII Carbon LLC</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-04-01</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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        <name>Talos Production, Inc.</name>
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        <invCountry>US</invCountry>
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        <name>Bausch Health Cos., Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
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        <invCountry>CA</invCountry>

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        <name>Infrabuild Australia Pty. Ltd.</name>
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        <invCountry>AU</invCountry>
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        <name>Herbalife Nutrition Ltd.</name>
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        <title>Herbalife Nutrition Ltd.</title>
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        <name>AmeriGas Partners LP</name>
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        <title>AmeriGas Partners LP</title>
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        <invCountry>US</invCountry>
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        <name>Lamb Weston Holdings, Inc.</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>Lamb Weston Holdings, Inc.</title>
        <cusip>513272AE4</cusip>
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        <balance>150000.00000000</balance>
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        <valUSD>134847.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>Service Corp. International</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TKC Holdings, Inc.</name>
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      <invstOrSec>
        <name>MajorDrive Holdings IV LLC</name>
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      <invstOrSec>
        <name>IEA Energy Services 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>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Ford Motor Co.</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co.</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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      <invstOrSec>
        <name>Brookfield Residential Properties, Inc.</name>
        <lei>N/A</lei>
        <title>Brookfield Residential Properties, Inc.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
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      <invstOrSec>
        <name>Century Aluminum Co.</name>
        <lei>549300U5ODNGEYWKSW73</lei>
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          <isin value="US156431AN85"/>
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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>2028-04-01</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp.</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>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.87500000</annualizedRt>
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      <invstOrSec>
        <name>Husky III Holding Ltd.</name>
        <lei>N/A</lei>
        <title>Husky III Holding Ltd.</title>
        <cusip>44810RAA6</cusip>
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          <isin value="US44810RAA68"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>387363.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
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          <annualizedRt>13.00000000</annualizedRt>
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      <invstOrSec>
        <name>Western Midstream Operating LP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>Western Midstream Operating LP</title>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95975.25000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-04-01</maturityDt>
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          <annualizedRt>5.45000000</annualizedRt>
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        <name>Shea Homes LP</name>
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          <maturityDt>2028-02-15</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>PMHC II, Inc.</name>
        <lei>549300GYZ1T3S8OPH343</lei>
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        <cusip>69357VAA3</cusip>
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          <isin value="US69357VAA35"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-02-15</maturityDt>
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          <annualizedRt>9.00000000</annualizedRt>
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        <name>Rocket Mortgage LLC</name>
        <lei>N/A</lei>
        <title>Rocket Mortgage LLC</title>
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        <balance>650000.00000000</balance>
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        <valUSD>549445.00000000</valUSD>
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        <name>Minerva Merger Sub, Inc.</name>
        <lei>N/A</lei>
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        <cusip>60337JAA4</cusip>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307BA4</cusip>
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        <balance>6310000.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Crestwood Midstream Partners LP</name>
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        <title>Crestwood Midstream Partners LP</title>
        <cusip>226373AP3</cusip>
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          <isin value="US226373AP35"/>
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        <balance>695000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Cedar Fair LP</name>
        <lei>549300TUVLNQQ6BVKH61</lei>
        <title>Cedar Fair LP</title>
        <cusip>150190AE6</cusip>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1066173.75000000</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>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>VZ Secured Financing BV</name>
        <lei>549300MG611MYCOWY949</lei>
        <title>VZ Secured Financing BV</title>
        <cusip>91845AAA3</cusip>
        <identifiers>
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      <invstOrSec>
        <name>New Enterprise Stone &amp; Lime Co., Inc.</name>
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        <name>Uber Technologies, Inc.</name>
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        <name>Alliant Holdings Intermediate LLC</name>
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        <name>New Fortress Energy, Inc.</name>
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        <name>GTCR AP Finance, Inc.</name>
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          <maturityDt>2027-05-15</maturityDt>
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        <name>Ferrellgas LP</name>
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          <maturityDt>2026-04-01</maturityDt>
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        <name>Ladder Capital Finance Holdings LLLP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Axalta Coating Systems LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>Calpine Corp.</name>
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        <title>Calpine Corp.</title>
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        <name>CCO Holdings LLC</name>
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        <name>PBF Logistics LP</name>
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          <maturityDt>2023-05-15</maturityDt>
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        <name>Hilton Grand Vacations Borrower Escrow LLC</name>
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        <name>BCPE Empire Holdings, Inc.</name>
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        <name>United Airlines Holdings, Inc.</name>
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        <name>Goodyear Tire &amp; Rubber Co. (The)</name>
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        <name>Northwest Fiber LLC</name>
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        <name>Railworks Holdings LP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Wesco Aircraft Holdings, Inc.</name>
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        <name>Trinseo Materials Operating SCA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PECF USS Intermediate Holding III Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>W&amp;T Offshore, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mozart Debt Merger Sub, Inc.</name>
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        <name>Laredo Petroleum, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Team Health Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-01</maturityDt>
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        <name>William Carter Co. (The)</name>
        <lei>TGI2A0HXEYNQPU7TYV27</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
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        <name>New Fortress Energy, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Six Flags Entertainment Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>PBF Holding Co. LLC</name>
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        <name>Brookfield Residential Properties, Inc.</name>
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        <name>Ford Motor Co.</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
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        <name>VOC Escrow Ltd.</name>
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        <name>Virtusa Corp.</name>
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        <name>Ford Motor Co.</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co.</title>
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        <name>Frontier Communications Holdings LLC</name>
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        <name>SeaWorld Parks &amp; Entertainment, Inc.</name>
        <lei>549300UZV72O3371JJ53</lei>
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      <invstOrSec>
        <name>Universal Entertainment Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Frontier Communications Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Calpine Corp.</name>
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          <maturityDt>2031-02-01</maturityDt>
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        <name>Civitas Resources, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Live Nation Entertainment, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Altice France SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Acuris Finance Us, Inc.</name>
        <lei>N/A</lei>
        <title>Acuris Finance Us, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Prestige Brands, Inc.</name>
        <lei>549300JBVP4J6D42I235</lei>
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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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        <name>Level 3 Financing, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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        <name>eG Global Finance plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>New Gold, Inc.</name>
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        <name>Organon &amp; Co.</name>
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        <name>Ford Motor Co.</name>
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        <name>Open Text Corp.</name>
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        <name>Molina Healthcare, Inc.</name>
        <lei>549300NQQCEQ46YHZ591</lei>
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        <name>Cornerstone Chemical Co.</name>
        <lei>BL03B05TRUKQ14Y1HC46</lei>
        <title>Cornerstone Chemical Co.</title>
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        <name>Spirit AeroSystems, Inc.</name>
        <lei>ZD2NBKV6GCC3UMGBM518</lei>
        <title>Spirit AeroSystems, Inc.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Summer BC Bidco B LLC</name>
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      <invstOrSec>
        <name>FirstEnergy Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aramark Services, Inc.</name>
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        <name>Patrick Industries, Inc.</name>
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        <name>OneMain Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
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      <invstOrSec>
        <name>DCP Midstream Operating LP</name>
        <lei>549300Y6CTBSE0QIPL28</lei>
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          <isin value="US26439XAH61"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-03</maturityDt>
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          <annualizedRt>6.45000000</annualizedRt>
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      <invstOrSec>
        <name>Olympus Water US Holding Corp.</name>
        <lei>549300YU2GGVCBN3MY89</lei>
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          <maturityDt>2029-10-01</maturityDt>
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        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
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      <invstOrSec>
        <name>Xerox Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-12-15</maturityDt>
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        <name>Life Time, Inc.</name>
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        <name>Del Monte Foods, Inc.</name>
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        <name>Pitney Bowes, Inc.</name>
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        <name>New Enterprise Stone &amp; Lime Co., Inc.</name>
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        <name>TripAdvisor, Inc.</name>
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        <name>HTA Group Ltd.</name>
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        <name>Acrisure LLC</name>
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        <name>Uniti Group LP</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GPS Hospitality Holding Co. LLC</name>
        <lei>N/A</lei>
        <title>GPS Hospitality Holding Co. LLC</title>
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        <curCd>USD</curCd>
        <valUSD>879376.58000000</valUSD>
        <pctVal>0.100300808877</pctVal>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HLF Financing Sarl LLC</name>
        <lei>N/A</lei>
        <title>HLF Financing Sarl LLC</title>
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          <isin value="US40390DAC92"/>
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        <balance>2110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1701103.10000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Resolute Forest Products, Inc.</name>
        <lei>N/A</lei>
        <title>Resolute Forest Products, Inc.</title>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>286536.00000000</valUSD>
        <pctVal>0.032682008170</pctVal>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Suburban Propane Partners LP</name>
        <lei>N/A</lei>
        <title>Suburban Propane Partners LP</title>
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          <isin value="US864486AK16"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390485.55000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Harvest Midstream I LP</name>
        <lei>549300DW5M17KJOXCY66</lei>
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          <isin value="US417558AA18"/>
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        <balance>945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>960857.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Crescent Energy Finance LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
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        <cusip>45344LAA1</cusip>
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          <isin value="US45344LAA17"/>
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        <balance>1110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1089781.35000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</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>
      <invstOrSec>
        <name>Bombardier, Inc.</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier, Inc.</title>
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        <balance>2620000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2269732.20000000</valUSD>
        <pctVal>0.258883373486</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royal Caribbean Cruises Ltd.</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>Royal Caribbean Cruises Ltd.</title>
        <cusip>780153BC5</cusip>
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          <isin value="US780153BC56"/>
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        <balance>1105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1142172.20000000</valUSD>
        <pctVal>0.130275013166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Midstream Operating LP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>Western Midstream Operating LP</title>
        <cusip>958254AJ3</cusip>
        <identifiers>
          <isin value="US958254AJ35"/>
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        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>286936.65000000</valUSD>
        <pctVal>0.032727705906</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Spirit AeroSystems, Inc.</name>
        <lei>ZD2NBKV6GCC3UMGBM518</lei>
        <title>Spirit AeroSystems, Inc.</title>
        <cusip>85205TAL4</cusip>
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          <isin value="US85205TAL44"/>
        </identifiers>
        <balance>1840000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1869614.80000000</valUSD>
        <pctVal>0.213246384989</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>7.50000000</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>2022-05-31</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>
</edgarSubmission>
