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        <name>Enova International Inc.</name>
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        <name>Discovery Communications, LLC</name>
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        <name>Credit Acceptance Corporation of Michigan</name>
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        <name>McAfee Corp</name>
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        <name>Jones Deslauriers Insurance Management Inc.</name>
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        <name>Clear Channel Outdoor Holdings Inc.</name>
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        <name>Adient Global Holdings Ltd</name>
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        <name>V.F. Corp</name>
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        <name>Match Group Holdings II LLC</name>
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        <name>OneMain Financial Corporation</name>
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        <name>ALBERTSONS COMPANIES INC</name>
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        <name>Rb Global Holdings Inc.</name>
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        <name>MGM Resorts International</name>
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        <name>Coinbase Global Inc</name>
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        <name>DWS GOVERNMENT AND AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES</name>
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        <name>Light &amp; Wonder International Inc.</name>
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        <name>Sabre GLBL Inc.</name>
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        <name>Service Properties Trust</name>
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        <name>Seagate Data Storage Technology Pte. Ltd.</name>
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        <name>Credit Acceptance Corporation of Michigan</name>
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        <name>CoreWeave Inc.</name>
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        <name>Block Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RHP HOTEL PROPERTIES LP</name>
        <lei>549300SJMSMA2471GA96</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Melco Resorts Finance Limited</name>
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          <isin value="US58547DAE94"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>iHeartCommunications Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Venture Global LNG Inc.</name>
        <lei>54930011XLBUWMQUC829</lei>
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        <cusip>92332YAA9</cusip>
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          <isin value="US92332YAA91"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
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        <name>Sabre GLBL Inc.</name>
        <lei>F2TJC7HPPHLHU1AQMP98</lei>
        <title>SABHLD 10.75 11/15/29 144A</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>Permian Resources Operating, LLC</name>
        <lei>5493004CTVUMQLRPOE23</lei>
        <title>PR 5.875 07/01/29 144A</title>
        <cusip>19416MAB5</cusip>
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          <isin value="US19416MAB54"/>
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        <balance>247000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>United Wholesale Mortgage LLC</name>
        <lei>549300HW662MN1WU8550</lei>
        <title>UWMLLC 5.5 04/15/29 144A</title>
        <cusip>913229AA8</cusip>
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          <isin value="US913229AA80"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250287.07000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Medco Maple Tree Pte Ltd.</name>
        <lei>254900T5AQZNR0THA508</lei>
        <title>MEDCIJ 8.96 04/27/29 144A</title>
        <cusip>58407HAA7</cusip>
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          <isin value="US58407HAA77"/>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>LCM Investments Holdings II LLC</name>
        <lei>549300P5V78NNQTG4428</lei>
        <title>MAGLLC 4.875 05/01/29 144A</title>
        <cusip>50190EAA2</cusip>
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          <isin value="US50190EAA29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Cinemark USA Inc.</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>CNK 5.25 07/15/28 144A</title>
        <cusip>172441BF3</cusip>
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        <name>Enova International Inc.</name>
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        <title>ENVA 11.25 12/15/28 144A</title>
        <cusip>29357KAH6</cusip>
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        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG 5.75 01/15/28</title>
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        <name>UNITED RENTALS (NORTH AMERICA) INC</name>
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        <title>URI 3.875 02/15/31</title>
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        <name>Taylor Morrison Communities Inc</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>TMHC 5.125 08/01/30 144A</title>
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        <name>RHP HOTEL PROPERTIES LP</name>
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        <name>American Airlines Pass Through Trust 2016-3A</name>
        <lei>N/A</lei>
        <title>AAL 7.25 02/15/28 144A</title>
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        <name>Aramark Services, Inc.</name>
        <lei>42YMHYH0XMHJEXDUB065</lei>
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        <cusip>038522AQ1</cusip>
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          <isin value="US038522AQ17"/>
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        <balance>442000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>442395.15000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sunoco LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUN 7 09/15/28 144A</title>
        <cusip>86765KAA7</cusip>
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          <isin value="US86765KAA79"/>
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        <balance>136000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139805.96000000</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>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Teleflex Incorporated</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>TFX 4.25 06/01/28 144A</title>
        <cusip>879369AG1</cusip>
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          <isin value="US879369AG12"/>
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        <balance>188000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185288.10000000</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>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TGNR INTERMEDIATE HOLDINGS LLC</name>
        <lei>5493007AZNVKZ5HEMT23</lei>
        <title>RCKENE 5.5 10/15/29 144A</title>
        <cusip>77289KAA3</cusip>
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          <isin value="US77289KAA34"/>
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        <balance>277000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274225.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Puma International Financing S.A.</name>
        <lei>222100YFBPO7IDRUBR17</lei>
        <title>PUMAFN 7.75 04/25/29 144A</title>
        <cusip>74588YAB6</cusip>
        <identifiers>
          <isin value="US74588YAB65"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244005.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Rakuten Group Inc.</name>
        <lei>529900IMXUCQKUL1H943</lei>
        <title>RAKUTN 11.25 02/15/27 144A</title>
        <cusip>75102WAG3</cusip>
        <identifiers>
          <isin value="US75102WAG33"/>
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        <balance>666000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>701904.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.25000000</annualizedRt>
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      <invstOrSec>
        <name>MGM Resorts International</name>
        <lei>54930066VBP7DZEGGJ87</lei>
        <title>MGM 6.125 09/15/29</title>
        <cusip>552953CK5</cusip>
        <identifiers>
          <isin value="US552953CK50"/>
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        <balance>299000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>307467.08000000</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>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>SUNOCO LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUN 4.5 04/30/30</title>
        <cusip>86765LAZ0</cusip>
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          <isin value="US86765LAZ04"/>
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        <balance>292000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>285963.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>NGL ENERGY OPERATING LLC</name>
        <lei>5493008CQD36WWZJ3O79</lei>
        <title>NGL 8.125 02/15/29 144A</title>
        <cusip>62922LAC2</cusip>
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          <isin value="US62922LAC28"/>
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        <balance>324000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Sonic Automotive, Inc.</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>SAH 4.625 11/15/29 144A</title>
        <cusip>83545GBD3</cusip>
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          <isin value="US83545GBD34"/>
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        <balance>231000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Teleflex Incorporated</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>TFX 4.625 11/15/27</title>
        <cusip>879369AF3</cusip>
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          <isin value="US879369AF39"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Melco Resorts Finance Limited</name>
        <lei>5493000FQDBWKDBZEF60</lei>
        <title>MPEL 5.375 12/04/29 144A</title>
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          <isin value="US58547DAD12"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Leviathan Bond Limited</name>
        <lei>254900D9T8VKYVQNZ220</lei>
        <title>LVIATH 6.75 06/30/30</title>
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        <invCountry>IL</invCountry>
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        <name>Brinks Company</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BCO 6.5 06/15/29 144A</title>
        <cusip>109696AC8</cusip>
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          <isin value="US109696AC87"/>
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        <name>WarnerMedia Holdings Inc.</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>WBD 4.054 03/15/29 *</title>
        <cusip>55903VBY8</cusip>
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          <isin value="US55903VBY83"/>
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        <name>1011778 B.C. ULC</name>
        <lei>549300RHSHNRWI5LLA86</lei>
        <title>BCULC 4.375 01/15/28 144A</title>
        <cusip>68245XAJ8</cusip>
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          <isin value="US68245XAJ81"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Carnival Corporation</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CCL 5.125 05/01/29 144A</title>
        <cusip>143658CB6</cusip>
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          <isin value="US143658CB65"/>
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        <balance>444000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
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      <invstOrSec>
        <name>Jefferson Capital Holdings LLC</name>
        <lei>N/A</lei>
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        <name>Nissan Motor Co Ltd.</name>
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        <name>ALBERTSONS COMPANIES INC</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Entegris Inc</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
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        <cusip>29365BAA1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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      <invstOrSec>
        <name>Match Group Holdings II LLC</name>
        <lei>5493003RFFE030RC9167</lei>
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        <cusip>57665RAG1</cusip>
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          <isin value="US57665RAG11"/>
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        <curCd>USD</curCd>
        <valUSD>219079.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Darling Ingredients, Inc</name>
        <lei>L1N0SPPKS7EXZYUMZ898</lei>
        <title>DAR 6 06/15/30 144A</title>
        <cusip>237266AJ0</cusip>
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          <isin value="US237266AJ06"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>374980.20000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>ATI Inc</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
        <title>ATI 7.25 08/15/30</title>
        <cusip>01741RAN2</cusip>
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          <isin value="US01741RAN26"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>157226.55000000</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>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>CD&amp;R Smokey Buyer Inc. / Radio Systems Corp.</name>
        <lei>N/A</lei>
        <title>PETSAF 9.5 10/15/29 144A</title>
        <cusip>12515KAA6</cusip>
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          <isin value="US12515KAA60"/>
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        <balance>289000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237577.57000000</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>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>OneMain Financial Corporation</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OMF 5.375 11/15/29</title>
        <cusip>85172FAR0</cusip>
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          <isin value="US85172FAR01"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281958.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clean Harbors, Inc.</name>
        <lei>5493000SJVZVZJKHJF48</lei>
        <title>CLH 6.375 02/01/31 144A</title>
        <cusip>184496AQ0</cusip>
        <identifiers>
          <isin value="US184496AQ03"/>
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        <balance>186000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191120.39000000</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>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Marriott Ownership Resorts Inc</name>
        <lei>BW4532OH033VURR0IT68</lei>
        <title>VAC 4.5 06/15/29 144A</title>
        <cusip>57164PAH9</cusip>
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          <isin value="US57164PAH91"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178671.58000000</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US Foods Inc</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>USFOOD 4.75 02/15/29 144A</title>
        <cusip>90290MAD3</cusip>
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          <isin value="US90290MAD39"/>
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        <balance>332000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>330922.00000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Millrose Properties Inc.</name>
        <lei>N/A</lei>
        <title>MRP 6.375 08/01/30 144A</title>
        <cusip>601137AA0</cusip>
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          <isin value="US601137AA09"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>461925.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Altice Financing S.A.</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>ALTICE 5.75 08/15/29 144a</title>
        <cusip>02154CAH6</cusip>
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          <isin value="US02154CAH60"/>
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        <balance>769000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>533483.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Nissan Motor Co Ltd.</name>
        <lei>353800DRBDH1LUTNAY26</lei>
        <title>NSANY 4.345 09/17/27 144A</title>
        <cusip>654744AC5</cusip>
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          <isin value="US654744AC50"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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          <maturityDt>2027-09-17</maturityDt>
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        <name>PRIME SECURITY SERVICES BORROWER LLC</name>
        <lei>549300O6QPZVWXV2DC15</lei>
        <title>PRSESE 3.375 08/31/27 144A</title>
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          <isin value="US74166MAF32"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NCL Corporation Ltd.</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCLH 7.75 02/15/29 144A</title>
        <cusip>62886HBG5</cusip>
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          <isin value="US62886HBG56"/>
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        <balance>212000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ACRISURE LLC</name>
        <lei>549300R0Z1Q47XRTGO22</lei>
        <title>ACRISU 4.25 02/15/29 144A</title>
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          <isin value="US00489LAF04"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Midas Opco Holdings LLC</name>
        <lei>N/A</lei>
        <title>STGW 5.625 08/15/29 144A</title>
        <cusip>59565JAA9</cusip>
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          <isin value="US59565JAA97"/>
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        <balance>410000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CHS/Community Health Systems Inc</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CYH 6.875 04/15/29 144A</title>
        <cusip>12543DBJ8</cusip>
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        <balance>477000.00000000</balance>
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        <valUSD>461252.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>Bausch Health Companies Inc.</name>
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        <name>Staples, Inc.</name>
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        <name>Travel Plus Leisure Co</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
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        <name>1011778 B.C. ULC</name>
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          <isin value="US68245XAP42"/>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>Diversified Healthcare Trust</name>
        <lei>N/A</lei>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>NRG Energy, Inc.</name>
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        <name>OneMain Financial Corporation</name>
        <lei>5493008I795YYBFWFU90</lei>
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        <balance>299000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Under Armour, Inc.</name>
        <lei>549300D4549QKWETZ406</lei>
        <title>UA 7.25 07/15/30 144A</title>
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        <balance>168000.00000000</balance>
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        <name>Wayfair LLC</name>
        <lei>549300CTUWTZGOXMYI40</lei>
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        <name>Iron Mountain Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRM 7 02/15/29 144A</title>
        <cusip>46284VAP6</cusip>
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        <name>Wesco Distribution, Inc.</name>
        <lei>549300I2CEZJG9N4AH67</lei>
        <title>WCC 6.375 03/15/29 144A</title>
        <cusip>95081QAQ7</cusip>
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        <name>Entegris Inc</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTG 5.95 06/15/30 144A</title>
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        <name>Ardagh Group S A</name>
        <lei>6354006L1NWUUOPYX274</lei>
        <title>ARGID 9.5 12/01/30 144A</title>
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        <invCountry>LU</invCountry>

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        <name>Bausch Health Companies Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BHCCN 4.875 06/01/28 144A</title>
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        <name>Hughes Satellite Systems Corporation</name>
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        <title>SATS 5.25 08/01/26</title>
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        <name>QVC, Inc.</name>
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        <name>Rakuten Group Inc.</name>
        <lei>529900IMXUCQKUL1H943</lei>
        <title>RAKUTN 9.75 04/15/29 144A</title>
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        <invCountry>JP</invCountry>
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        <name>Madison IAQ LLC</name>
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        <name>iHeartCommunications Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
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        <name>Staples, Inc.</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>SPLS 12.75 01/15/30 144A</title>
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          <isin value="US855030AS17"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
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        <name>iHeartCommunications Inc</name>
        <lei>54930076J6KDZL504O62</lei>
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          <isin value="US45174HBL06"/>
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        <balance>251000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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        <name>Wesco Distribution, Inc.</name>
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        <title>WCC 7.25 06/15/28 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Open Text Holdings Inc</name>
        <lei>N/A</lei>
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        <cusip>683720AA4</cusip>
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          <isin value="US683720AA42"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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        <name>Caesars Entertainment Inc.</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>CZR 7 02/15/30 144A</title>
        <cusip>12769GAB6</cusip>
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        <balance>730000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CHS/Community Health Systems Inc</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CYH 6 01/15/29 144A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Encompass Health Corporation</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>EHC 4.75 02/01/30</title>
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        <balance>272000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Uniti Service LLC / Uniti Fiber Holdings Inc. / Uniti Group Finance 2019 Inc. / CSL Capital LLC</name>
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        <name>Madison IAQ LLC</name>
        <lei>549300IXDNBXNHUPBU73</lei>
        <title>MADIAQ 4.125 06/30/28 144A</title>
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        <name>Nustar Logistics, L.P.</name>
        <lei>N62BF2PKP51FIIOIUN20</lei>
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        <name>Getty Images Inc.</name>
        <lei>5493005NV20IG4VEKZ40</lei>
        <title>ABEGET 10.5 11/15/30 144A</title>
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        <name>GFL Environmental Inc.</name>
        <lei>894500E7NLBY9VZRT696</lei>
        <title>GFLCN 4 08/01/28 144A</title>
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        <invCountry>CA</invCountry>
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        <name>ACRISURE LLC</name>
        <lei>549300R0Z1Q47XRTGO22</lei>
        <title>ACRISU 6 08/01/29 144A</title>
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        <name>OneMain Financial Corporation</name>
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        <title>OMF 6.125 05/15/30</title>
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        <invCountry>US</invCountry>
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        <name>DISH DBS Corporation</name>
        <lei>N/A</lei>
        <title>DISH 5.25 12/01/26 144A</title>
        <cusip>25470XBE4</cusip>
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        <name>Arches Buyer Inc</name>
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        <name>Belron U.K Finance PLC</name>
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        <name>Iron Mountain Inc.</name>
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        <name>Williams Scotsman International Inc</name>
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        <name>Magnera Corp.</name>
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        <name>Hughes Satellite Systems Corporation</name>
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        <name>Hilton Domestic Operating Co Inc.</name>
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        <name>GO DADDY OPERATING CO LLC</name>
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        <name>Gen Digital Inc</name>
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        <name>Hudson Pacific Properties LP</name>
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        <name>ViaSat, Inc.</name>
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        <name>The Chemours Company LLC</name>
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        <name>DISH DBS Corporation</name>
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        <name>HudBay Minerals Inc</name>
        <lei>894500LX3TMESP27BE29</lei>
        <title>HBMCN 4.5 04/01/26 144A</title>
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      <invstOrSec>
        <name>Caesars Entertainment Inc.</name>
        <lei>549300FA4CTCW903Y781</lei>
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        <cusip>12769GAA8</cusip>
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          <isin value="US12769GAA85"/>
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        <curCd>USD</curCd>
        <valUSD>454261.66000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>DISH DBS Corporation</name>
        <lei>N/A</lei>
        <title>DISH 5.125 06/01/29</title>
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          <isin value="US25470XBD66"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>491685.26000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Continuum Energy Aura Pte. Ltd.</name>
        <lei>984500AB52D7C8GC2E33</lei>
        <title>COGREN 9.5 02/24/27 144A</title>
        <cusip>21218JAB8</cusip>
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          <isin value="US21218JAB89"/>
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        <curCd>USD</curCd>
        <valUSD>168560.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>Clarivate Science Holdings Corp.</name>
        <lei>N/A</lei>
        <title>CLVTSC 4.875 07/01/29 144A</title>
        <cusip>18064PAD1</cusip>
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          <isin value="US18064PAD15"/>
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        <balance>333000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>273529.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Sinclair Television Group, Inc.</name>
        <lei>549300CQGEN0CH65UD62</lei>
        <title>SBGI 5.5 03/01/30 144A</title>
        <cusip>829259AY6</cusip>
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          <isin value="US829259AY67"/>
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        <balance>183000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>163272.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CHTR 6.375 09/01/29 144A</title>
        <cusip>1248EPCS0</cusip>
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          <isin value="US1248EPCS01"/>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>562743.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>PARK INTERMEDIATE HOLDINGS LLC</name>
        <lei>549300HJUVLG7EAGZV92</lei>
        <title>PK 5.875 10/01/28 144A</title>
        <cusip>70052LAB9</cusip>
        <identifiers>
          <isin value="US70052LAB99"/>
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        <balance>278000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>278159.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>SIX FLAGS ENTERTAINMENT CORP</name>
        <lei>529900AS2CYWYFHRS781</lei>
        <title>FUN 5.25 07/15/29</title>
        <cusip>150190AE6</cusip>
        <identifiers>
          <isin value="US150190AE64"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>182881.02000000</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>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>PRA Group Inc.</name>
        <lei>549300Q5HW3JSSB86K27</lei>
        <title>PRAA 8.875 01/31/30 144A</title>
        <cusip>69354NAF3</cusip>
        <identifiers>
          <isin value="US69354NAF33"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203750.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.87500000</annualizedRt>
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      <invstOrSec>
        <name>Boyd Gaming Corporation</name>
        <lei>254900787YGRYS2A1Z35</lei>
        <title>BYD 4.75 12/01/27</title>
        <cusip>103304BU4</cusip>
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          <isin value="US103304BU40"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>374693.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Arches Buyer Inc</name>
        <lei>2549009ADY4208OH2Y47</lei>
        <title>ACOM 4.25 06/01/28 144A</title>
        <cusip>039524AA1</cusip>
        <identifiers>
          <isin value="US039524AA11"/>
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        <balance>343000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>332480.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>PARK INTERMEDIATE HOLDINGS LLC</name>
        <lei>549300HJUVLG7EAGZV92</lei>
        <title>PK 4.875 05/15/29 144A</title>
        <cusip>70052LAC7</cusip>
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          <isin value="US70052LAC72"/>
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        <balance>287000.00000000</balance>
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        <valUSD>282128.71000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Wynn Resorts Finance Llc / Wynn Resorts Capital Corp</name>
        <lei>N/A</lei>
        <title>WYNFIN 7.125 02/15/31 144A</title>
        <cusip>983133AC3</cusip>
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          <isin value="US983133AC37"/>
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        <name>Match Group Holdings II LLC</name>
        <lei>5493003RFFE030RC9167</lei>
        <title>MTCHII 4.125 08/01/30 144A</title>
        <cusip>57665RAL0</cusip>
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          <isin value="US57665RAL06"/>
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        <name>STANDARD INDUSTRIES LTD</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>BMCAUS 4.75 01/15/28 144A</title>
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        <invCountry>IN</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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        <name>CALUMET SPECIALTY PRODUCTS PARTNERS LP</name>
        <lei>529900QWK0FGLES9BA18</lei>
        <title>CLMT 9.75 02/15/31 144A</title>
        <cusip>131477BA8</cusip>
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          <isin value="US131477BA87"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>SK Invictus Intermediate II S.a.r.l.</name>
        <lei>N/A</lei>
        <title>PRM 5 10/30/29 144A</title>
        <cusip>29977LAA9</cusip>
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        <balance>290000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-30</maturityDt>
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        <name>Ashton Woods (USA) LLC/Ashton Woods Finance Co.</name>
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      <invstOrSec>
        <name>Bausch Health Companies Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BHCCN 11 09/30/28 144A</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Seagate Data Storage Technology Pte. Ltd.</name>
        <lei>N/A</lei>
        <title>STX 8.25 12/15/29 144a</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>EchoStar Corp.</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>SATS 10.75 11/30/29 .</title>
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          <isin value="US278768AC00"/>
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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>2029-11-30</maturityDt>
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        <name>1011778 B.C. ULC</name>
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        <title>BCULC 5.625 09/15/29 144A</title>
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          <isin value="US68245XAT63"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Vail Resorts, Inc.</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>MTN 5.625 07/15/30 144A</title>
        <cusip>91879QAQ2</cusip>
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          <isin value="US91879QAQ29"/>
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        <curCd>USD</curCd>
        <valUSD>187342.36000000</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>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Ziggo Bond Company B.V.</name>
        <lei>213800JYI4P7V5QDOG59</lei>
        <title>ZIGGO 5.125 02/28/30 144a</title>
        <cusip>98953GAD7</cusip>
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          <isin value="US98953GAD79"/>
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        <balance>176000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152864.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Cleveland-Cliffs Inc</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLF 6.875 11/01/29 144A</title>
        <cusip>185899AQ4</cusip>
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          <isin value="US185899AQ45"/>
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        <balance>329000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>339134.85000000</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>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>BANCO VOTORANTIM SA</name>
        <lei>X2EUTZGMHS8RBQFIUS93</lei>
        <title>BANVOR 5.875 04/08/28 144A</title>
        <cusip>05975C2A0</cusip>
        <identifiers>
          <isin value="US05975C2A01"/>
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        <balance>227000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>231256.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>US Foods Inc</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>USFOOD 6.875 09/15/28 144A</title>
        <cusip>90290MAG6</cusip>
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          <isin value="US90290MAG69"/>
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        <balance>203000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209555.28000000</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>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>MEDICAL PROPERTIES TRUST INC</name>
        <lei>254900U6E39J1MQCCY14</lei>
        <title>MPW 4.625 08/01/29</title>
        <cusip>55342UAJ3</cusip>
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        <balance>344000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Comstock Resources, Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>CRK 5.875 01/15/30 144A</title>
        <cusip>205768AT1</cusip>
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        <balance>334000.00000000</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>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GLOBAL AUTO HOLDINGS LTD</name>
        <lei>984500ADEF1BB0584352</lei>
        <title>GLOBAU 8.375 01/15/29 144A</title>
        <cusip>00033GAA3</cusip>
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          <isin value="US00033GAA31"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <name>ION PLATFORM FINANCE US INC</name>
        <lei>213800FKHT3BRRKMCC89</lei>
        <title>IONPLA 5.75 05/15/28 144A</title>
        <cusip>46206AAA0</cusip>
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        <name>EG Global Finance PLC</name>
        <lei>549300TL8Q5207VYET27</lei>
        <title>EGBLFN 12 11/30/28 144A</title>
        <cusip>28228PAC5</cusip>
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        <invCountry>GB</invCountry>
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        <name>ViaSat, Inc.</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>VSAT 6.5 07/15/28 144A</title>
        <cusip>92552VAN0</cusip>
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        <invCountry>US</invCountry>
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        <name>CHS/Community Health Systems Inc</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CYH 5.25 05/15/30 144A</title>
        <cusip>12543DBM1</cusip>
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        <balance>588000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GO DADDY OPERATING CO LLC</name>
        <lei>5493005GJOH8HLL11157</lei>
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        <name>SS&amp;C Technologies, Inc.</name>
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        <name>SCIH Salt Holdings Inc.</name>
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        <name>Seagate Data Storage Technology Pte. Ltd.</name>
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        <name>Sealed Air Corp.</name>
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        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <name>CHS/Community Health Systems Inc</name>
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        <name>Comstock Resources, Inc.</name>
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        <name>Seaspan Corporation</name>
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        <name>Velocity Commercial Capital LLC</name>
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        <name>Wynn Resorts Finance Llc / Wynn Resorts Capital Corp</name>
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        <name>The Scotts Miracle-Gro Company</name>
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        <name>MEDCO CYPRESS TREE PTE LTD</name>
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        <name>Mercer International Inc.</name>
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        <name>Comstock Resources, Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
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        <name>MICHAELS COMPANIES INC (THE)</name>
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        <name>Nova Securitisation S.a r.l.</name>
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        <name>Axalta Coating Systems Dutch Holding B B.V</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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        <name>Nissan Motor Acceptance Co LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ithaca Energy (North Sea) plc</name>
        <lei>213800BMMUN3AKWBIO91</lei>
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          <isin value="US46567TAC80"/>
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        <balance>263000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>277028.16000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GFL Environmental Inc.</name>
        <lei>894500E7NLBY9VZRT696</lei>
        <title>GFLCN 6.75 01/15/31 144A</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Sunoco LP</name>
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        <title>SUN 5.875 07/15/27 144A</title>
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        <curCd>USD</curCd>
        <valUSD>192527.42000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>Sealed Air Corp.</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>SEE 5 04/15/29 144A</title>
        <cusip>81211KBA7</cusip>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156346.64000000</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>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Newell Brands Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NWL 6.375 09/15/27</title>
        <cusip>651229BC9</cusip>
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          <isin value="US651229BC91"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218800.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <name>Celanese US Holdings Llc</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CE 7.165 07/15/27</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.16500000</annualizedRt>
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        <name>Newell Brands Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NWL 6.625 09/15/29</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-09-15</maturityDt>
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        <name>STANDARD BUILDING SOLUTIONS INC</name>
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        <title>BMCAUS 3.375 01/15/31 144A</title>
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        <name>ION PLATFORM FINANCE US INC</name>
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        <name>The Chemours Company LLC</name>
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        <title>CC 5.75 11/15/28 144A</title>
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        <name>Group 1 Automotive, Inc.</name>
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        <title>GPI 4 08/15/28 144A</title>
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        <name>HERBALIFE INTERNATIONAL INC</name>
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        <name>Consolidated Energy Finance S.A.</name>
        <lei>549300PUNIS0USNSL750</lei>
        <title>CONSEN 5.625 10/15/28 144a</title>
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        <invCountry>LU</invCountry>

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        <name>Hess Midstream Operations LP</name>
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        <name>Nissan Motor Acceptance Co LLC</name>
        <lei>7D6DIU2QXTUJRFNNJA49</lei>
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        <curCd>USD</curCd>
        <valUSD>285941.08000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.05000000</annualizedRt>
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      <invstOrSec>
        <name>HLF FINANCING SARL LLC</name>
        <lei>549300VKVJUV5OGV2R51</lei>
        <title>HLF 12.25 04/15/29 144A</title>
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          <isin value="US40390DAD75"/>
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        <curCd>USD</curCd>
        <valUSD>316408.31000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.25000000</annualizedRt>
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      <invstOrSec>
        <name>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>HESM 5.5 10/15/30 144A</title>
        <cusip>428102AF4</cusip>
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          <isin value="US428102AF45"/>
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        <balance>142000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143157.58000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Navient Corporation</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVI 9.375 07/25/30</title>
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          <isin value="US63938CAN83"/>
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        <balance>192000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>194625.79000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Park River Holdings Inc</name>
        <lei>254900PGY077KWCROT75</lei>
        <title>PRIMBP 8.75 12/31/30 144A</title>
        <cusip>70082LAD9</cusip>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>188191.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES</name>
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        <title>DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES</title>
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          <other otherDesc="INTERNAL" value="X9USDDGMS"/>
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        <curCd>USD</curCd>
        <valUSD>6750637.08000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Garda World Security Corporation</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>GWCN 7.75 02/15/28 144A</title>
        <cusip>36485MAM1</cusip>
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          <isin value="US36485MAM10"/>
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        <balance>149000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152687.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>STWD 3.625 07/15/26 144A</title>
        <cusip>85571BAU9</cusip>
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        <balance>126000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125496.68000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STANDARD BUILDING SOLUTIONS INC</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>BMCAUS 4.375 07/15/30 144A</title>
        <cusip>853496AG2</cusip>
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          <isin value="US853496AG21"/>
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        <balance>592000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>571543.38000000</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>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>Sunoco LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUN 4.5 10/01/29 144A</title>
        <cusip>86765KAJ8</cusip>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>289977.19000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Hilton Domestic Operating Co Inc.</name>
        <lei>5493003EG7H0N1E4XV50</lei>
        <title>HLT 4.875 01/15/30</title>
        <cusip>432833AF8</cusip>
        <identifiers>
          <isin value="US432833AF84"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>355464.34000000</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>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG 5.75 07/15/29 144A</title>
        <cusip>629377CY6</cusip>
        <identifiers>
          <isin value="US629377CY66"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>295688.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Mercer International Inc.</name>
        <lei>549300Z5IAG39VRTY874</lei>
        <title>MERC 12.875 10/01/28 144A</title>
        <cusip>588056BC4</cusip>
        <identifiers>
          <isin value="US588056BC44"/>
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        <balance>154000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107662.86000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.87500000</annualizedRt>
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        <name>Lithia Motors Incorporated</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>LAD 5.5 10/01/30 144A</title>
        <cusip>536797AJ2</cusip>
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          <isin value="US536797AJ25"/>
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        <balance>213000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214477.16000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>HESM 6.5 06/01/29 144A</title>
        <cusip>428102AG2</cusip>
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          <isin value="US428102AG28"/>
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        <balance>224000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CHTR 4.5 08/15/30 144A</title>
        <cusip>1248EPCE1</cusip>
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          <isin value="US1248EPCE15"/>
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        <balance>1054000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1006003.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>HESM 5.125 06/15/28 144A</title>
        <cusip>428104AA1</cusip>
        <identifiers>
          <isin value="US428104AA14"/>
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        <balance>207000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207301.39000000</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>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>SM ENERGY COMPANY</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM 8.375 07/01/28 144A</title>
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        <name>Teva Pharmaceutical Finance Netherlands IV B.V.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Xerox Corp.</name>
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        <name>Hudson Pacific Properties LP</name>
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        <name>Century Communities Inc</name>
        <lei>5299002QMB2O7ZL1CA26</lei>
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        <name>Group 1 Automotive, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California Resources Corporation</name>
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        <title>CRC 8.25 06/15/29 144A</title>
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        <balance>358000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Live Nation Entertainment, Inc.</name>
        <lei>5493007B9BM9ZXJINO78</lei>
        <title>LYV 6.5 05/15/27 144A</title>
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          <isin value="US538034AV10"/>
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        <balance>409000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>411208.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Celanese US Holdings Llc</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CE 7.33 07/15/29</title>
        <cusip>15089QAN4</cusip>
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        <balance>287000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CHTR 4.75 03/01/30 144A</title>
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        <name>Prestige Brands, Inc.</name>
        <lei>549300JBVP4J6D42I235</lei>
        <title>PBH 5.125 01/15/28 144A</title>
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        <name>Post Holdings Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
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        <name>HUB International Ltd.</name>
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        <title>HBGCN 7.25 06/15/30 144A</title>
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        <name>Newell Brands Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NWL 8.5 06/01/28 144A</title>
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        <name>Maxim Crane Works Holdings Capital LLC</name>
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        <title>CLDCRN 11.5 09/01/28 144A</title>
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        <name>Acadia Healthcare Company, Inc.</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>ACHC 5 04/15/29 144A</title>
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        <name>GREAT CANADIAN GAMING CORP</name>
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        <name>Navient Corporation</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVI 4.875 03/15/28</title>
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        <name>Brandywine Operating Partnership L.P.</name>
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        <name>Metinvest B.V.</name>
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        <name>Bausch Health Companies Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Nissan Motor Acceptance Co LLC</name>
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        <name>ION PLATFORM FINANCE US INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
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        <name>WarnerMedia Holdings Inc.</name>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>404025.98000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Uniti Service LLC/ Uniti Group Finance 2019 Inc/CSL Capital LLC</name>
        <lei>N/A</lei>
        <title>UNIT 6.5 02/15/29 144A</title>
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        <balance>401000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390358.39000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>Lithia Motors Incorporated</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>LAD 4.625 12/15/27 144A</title>
        <cusip>536797AE3</cusip>
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          <isin value="US536797AE38"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140155.04000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <name>U S Acute Care Solutions LLC</name>
        <lei>N/A</lei>
        <title>USACUT 9.75 05/15/29 144A</title>
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        <curCd>USD</curCd>
        <valUSD>383598.25000000</valUSD>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>ACRISURE LLC</name>
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        <title>ACRISU 8.25 02/01/29 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>AMC Networks Inc</name>
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        <title>AMCX 10.25 01/15/29 144A</title>
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        <name>HOWARD HUGHES CORP (THE)</name>
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        <title>HHH 4.125 02/01/29 144A</title>
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        <name>Nustar Logistics, L.P.</name>
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        <title>NSUS 6.375 10/01/30</title>
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        <name>Wayfair LLC</name>
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        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
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        <title>CHTR 4.25 02/01/31 144A</title>
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        <name>Adapthealth Llc</name>
        <lei>549300SN58QQ28RVWE26</lei>
        <title>ADAHEA 4.625 08/01/29 144A</title>
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        <name>Navient Corporation</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVI 5.5 03/15/29</title>
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        <name>EMRLD BORROWER LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nordstrom, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virgin Media Secured Finance PLC</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Hilton Grand Vacations Borrower Escrow LLC/ Hilton Grand Vacations Borrower Escrow Inc</name>
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          <isin value="US43284MAA62"/>
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        <curCd>USD</curCd>
        <valUSD>318401.95000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ContourGlobal Power Holdings S.A.</name>
        <lei>549300O5AGIFK0PQ1516</lei>
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          <isin value="US21220LAB99"/>
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        <balance>189000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>194906.25000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-28</maturityDt>
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      <invstOrSec>
        <name>GFL Environmental Inc.</name>
        <lei>894500E7NLBY9VZRT696</lei>
        <title>GFLCN 4.75 06/15/29 144A</title>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Mohegan Escrow Issuer LLC</name>
        <lei>N/A</lei>
        <title>MOHEGN 8.25 04/15/30 144A</title>
        <cusip>60832QAA8</cusip>
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          <isin value="US60832QAA85"/>
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        <balance>263000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274251.93000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>Acadia Healthcare Company, Inc.</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>ACHC 5.5 07/01/28 144A</title>
        <cusip>00404AAN9</cusip>
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          <isin value="US00404AAN90"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>179291.74000000</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>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>HOWARD HUGHES CORP (THE)</name>
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        <title>HHH 4.375 02/01/31 144A</title>
        <cusip>44267DAF4</cusip>
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        <balance>242000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>230344.63000000</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>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ALBERTSONS COMPANIES INC</name>
        <lei>549300YKWOC0AOR16R51</lei>
        <title>ACI 4.875 02/15/30 144A</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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        <name>R.R. Donnelley &amp; Sons Co.</name>
        <lei>SU4X0P4WWRGOQDTSV032</lei>
        <title>RRD 9.5 08/01/29 144A</title>
        <cusip>257867BJ9</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
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        <name>Advanced Drainage System Inc</name>
        <lei>6QQTOZ5MF5DHM7K92I60</lei>
        <title>WMS 6.375 06/15/30 144A</title>
        <cusip>00790RAB0</cusip>
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        <invCountry>US</invCountry>
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        <name>Sunoco LP</name>
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        <title>SUN 4.625 05/01/30 144A</title>
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        <name>Live Nation Entertainment, Inc.</name>
        <lei>5493007B9BM9ZXJINO78</lei>
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        <name>HUB International Ltd.</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HBGCN 5.625 12/01/29 144A</title>
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        <name>Cogent Communications Group LLC</name>
        <lei>549300KFWFYF8Q1U0Y26</lei>
        <title>CCOI 7 06/15/27 144A</title>
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        <name>Darling Ingredients, Inc</name>
        <lei>L1N0SPPKS7EXZYUMZ898</lei>
        <title>DAR 5.25 04/15/27 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Churchill Downs Inc</name>
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        <name>ACRISURE LLC</name>
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        <name>Sensata Technologies Inc</name>
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        <name>Bausch Health Companies Inc.</name>
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        <name>Celanese US Holdings Llc</name>
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        <name>Lithia Motors Incorporated</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
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        <name>Brandywine Operating Partnership L.P.</name>
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        <name>Whirlpool Corp.</name>
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        <name>R.R. Donnelley &amp; Sons Co.</name>
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        <name>Consolidated Energy Finance S.A.</name>
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        <name>Lithia Motors Incorporated</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>LAD 4.375 01/15/31 144A</title>
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        <name>Navient Corporation</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVI 5 03/15/27</title>
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        <name>Iqvia Inc</name>
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        <name>Newell Brands Inc.</name>
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        <name>Virgin Media Secured Finance PLC</name>
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        <name>ACRISURE LLC</name>
        <lei>549300R0Z1Q47XRTGO22</lei>
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        <name>Bausch Health Companies Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BHCCN 6.25 02/15/29 144A</title>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>GFL Environmental Inc.</name>
        <lei>894500E7NLBY9VZRT696</lei>
        <title>GFLCN 4.375 08/15/29 144A</title>
        <cusip>36168QAP9</cusip>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Zegona Finance PLC</name>
        <lei>254900B3KC1SS7T2TE92</lei>
        <title>ZEGLN 8.625 07/15/29 144A</title>
        <cusip>98927UAA5</cusip>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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        <name>Nissan Motor Acceptance Co LLC</name>
        <lei>7D6DIU2QXTUJRFNNJA49</lei>
        <title>NSANY 6.125 09/30/30 144A</title>
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        <name>Metinvest B.V.</name>
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        <title>METINV 8.5 04/23/26 144A</title>
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        <name>Uniti Service LLC/ Uniti Group Finance 2019 Inc/CSL Capital LLC</name>
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        <name>NCL Corporation Ltd.</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCLH 5.875 01/15/31 144A</title>
        <cusip>62886HBY6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <name>Tenet Healthcare Corporation</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>THC 5.125 11/01/27</title>
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        <name>SM Energy Co.</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM 6.75 09/15/26</title>
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        <name>American Builders &amp; Contractors Supply Co., Inc.</name>
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        <title>ABCSUP 4 01/15/28 144A</title>
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        <name>NCR Voyix Corporation</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>VYX 5.125 04/15/29 144A</title>
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        <name>Firstcash Inc</name>
        <lei>549300V2X3UU7K0DG350</lei>
        <title>FCFS 4.625 09/01/28 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>ENFRAGEN CHILE SPA</name>
        <lei>5493003ME0392SW30U44</lei>
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        <cusip>29280LAA1</cusip>
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          <isin value="US29280LAA17"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250283.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LD Holdings Group LLC</name>
        <lei>N/A</lei>
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          <isin value="US521088AC89"/>
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        <balance>191000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170166.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>PEBBLEBROOK HOTEL LP</name>
        <lei>549300DXEFK267TXZ832</lei>
        <title>PEB 6.375 10/15/29 144A</title>
        <cusip>70510LAA7</cusip>
        <identifiers>
          <isin value="US70510LAA70"/>
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        <balance>132000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134686.99000000</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>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Buckeye Partners LP</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>BPL 4.125 12/01/27</title>
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          <isin value="US118230AR27"/>
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        <balance>146000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145523.35000000</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>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Lamb Weston Holdings Inc</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>LW 4.125 01/31/30 144A</title>
        <cusip>513272AD6</cusip>
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          <isin value="US513272AD65"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>358996.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>INEOS Finance PLC</name>
        <lei>2138002D68XDR4LZCG32</lei>
        <title>INEGRP 7.5 04/15/29 144a</title>
        <cusip>44984WAJ6</cusip>
        <identifiers>
          <isin value="US44984WAJ62"/>
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        <balance>267000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238612.29000000</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>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
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        <name>LBM Acquisition LLC</name>
        <lei>549300FAEB3VWZL4NI86</lei>
        <title>USLBMH 6.25 01/15/29 144A</title>
        <cusip>05552BAA4</cusip>
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          <isin value="US05552BAA44"/>
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        <balance>264000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201543.51000000</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>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Lamb Weston Holdings Inc</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>LW 4.875 05/15/28 144A</title>
        <cusip>513272AC8</cusip>
        <identifiers>
          <isin value="US513272AC82"/>
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        <balance>183000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183190.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>NOVA Chemicals Corp.</name>
        <lei>549300ZOD6N7RI2FJP09</lei>
        <title>NCX 4.25 05/15/29 144A</title>
        <cusip>66977WAS8</cusip>
        <identifiers>
          <isin value="US66977WAS89"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206219.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECT FINCO SARL</name>
        <lei>2594001KNYIQ456J2792</lei>
        <title>ISATLN 9 09/15/29 144A</title>
        <cusip>20752TAB0</cusip>
        <identifiers>
          <isin value="US20752TAB08"/>
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        <balance>710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>754320.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>E.W. Scripps Co.</name>
        <lei>549300U1OW41QPKYW028</lei>
        <title>SSP 9.875 08/15/30 144A</title>
        <cusip>811054AH8</cusip>
        <identifiers>
          <isin value="US811054AH89"/>
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        <balance>267000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>268351.55000000</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>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.87500000</annualizedRt>
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      <invstOrSec>
        <name>Nissan Motor Co Ltd.</name>
        <lei>353800DRBDH1LUTNAY26</lei>
        <title>NSANY 7.5 07/17/30 144A</title>
        <cusip>654922AB9</cusip>
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          <isin value="US654922AB97"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>374764.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>ANYWHERE REAL ESTATE GROUP LLC</name>
        <lei>LF6PBYTYG3BDVEF4FI12</lei>
        <title>HOUS 9.75 04/15/30 144A</title>
        <cusip>75606DAV3</cusip>
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          <isin value="US75606DAV38"/>
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        <curCd>USD</curCd>
        <valUSD>177914.72000000</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>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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        <name>Sunoco LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUN 7 05/01/29 144A</title>
        <cusip>86765KAB5</cusip>
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          <isin value="US86765KAB52"/>
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        <balance>238000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>246947.85000000</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>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <name>Molina Healthcare, Inc.</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>MOH 3.875 11/15/30 144A</title>
        <cusip>60855RAK6</cusip>
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          <isin value="US60855RAK68"/>
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        <balance>261000.00000000</balance>
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        <valUSD>237934.78000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
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          <annualizedRt>3.87500000</annualizedRt>
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        <name>TKC Holdings Inc.</name>
        <lei>N/A</lei>
        <title>TKCHOL 12 02/15/31 144A</title>
        <cusip>87256YAG8</cusip>
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        <balance>251000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.00000000</annualizedRt>
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      <invstOrSec>
        <name>ICAHN ENTERPRISES LP</name>
        <lei>549300T0G4GS0SINS786</lei>
        <title>IEP 5.25 05/15/27</title>
        <cusip>451102BZ9</cusip>
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        <balance>480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>473152.90000000</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>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CrossCountry Intermediate HoldCo LLC</name>
        <lei>N/A</lei>
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        <name>Medline Borrower LP</name>
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        <name>GoEasy Limited</name>
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        <name>NOVA Chemicals Corp.</name>
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        <name>Organon &amp; Co</name>
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        <name>Hertz Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SM Energy Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Trivium Packaging Finance BV</name>
        <lei>724500GMZWW3PVYET548</lei>
        <title>TRIVIU 12.25 01/15/31 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ball Corporation</name>
        <lei>0BGI85ALH27ZJP15DY16</lei>
        <title>BALL 6 06/15/29</title>
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        <balance>356000.00000000</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kioxia Holdings Corp.</name>
        <lei>35380080RTKRARNH4R73</lei>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Celanese US Holdings Llc</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CE 7.05 11/15/30</title>
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        <name>Iqvia Inc</name>
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        <name>Ziggo B.V.</name>
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        <name>INGRAM MICRO INC</name>
        <lei>549300KJMEWPKRQZHX63</lei>
        <title>IM 4.75 05/15/29 144A</title>
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        <name>Hertz Corp.</name>
        <lei>549300PD0C69OJ0NLB27</lei>
        <title>HTZ 5 12/01/29 144A</title>
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        <name>INEOS Finance PLC</name>
        <lei>2138002D68XDR4LZCG32</lei>
        <title>INEGRP 6.75 05/15/28 144A</title>
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        <invCountry>GB</invCountry>
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        <name>NOVA Chemicals Corp.</name>
        <lei>549300ZOD6N7RI2FJP09</lei>
        <title>NCX 9 02/15/30 144A</title>
        <cusip>66977WAU3</cusip>
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        <invCountry>CA</invCountry>
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        <name>Celanese US Holdings Llc</name>
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        <name>Brand Industrial Services Inc.</name>
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        <name>CDI ESCROW ISSUER INC</name>
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        <name>TKC Holdings Inc.</name>
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        <name>Molina Healthcare, Inc.</name>
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        <name>Buckeye Partners LP</name>
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        <name>BROOKFIELD PROPERTIES RETAIL HOLDING LLC</name>
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        <name>PG&amp;E Corporation</name>
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        <title>PCG 5.25 07/01/30</title>
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        <name>MPH Acquisition Holdings LLC</name>
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        <title>MLTPLN 5.75 12/31/30 144A</title>
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        <name>NOVA Chemicals Corp.</name>
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        <title>NCX 8.5 11/15/28 144A</title>
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        <name>ANYWHERE REAL ESTATE GROUP LLC</name>
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        <title>HOUS 7 04/15/30 144A</title>
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        <name>Golar LNG Limited</name>
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        <title>GLNG 7.5 10/02/30 144A</title>
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        <name>GoEasy Limited</name>
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        <title>GSYCN 7.625 07/01/29 144A</title>
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        <name>ILIAD HOLDING SAS</name>
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        <title>ILIADH 7 10/15/28 144A</title>
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        <name>Hess Midstream Operations LP</name>
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        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TDG 4.625 01/15/29</title>
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        <name>Tronox Incorporated</name>
        <lei>549300EPZ4YXC7E5P181</lei>
        <title>TROX 9.125 09/30/30 144A</title>
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        <name>LifePoint Health, Inc</name>
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        <name>ALLIANT HOLDINGS INTERMEDIATE LLC</name>
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        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
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        <name>Central Garden &amp; Pet Company</name>
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        <name>Gray Media Inc.</name>
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        <name>LifePoint Health, Inc</name>
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        <name>United Rentals (North America), Inc.</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>URI 3.875 11/15/27</title>
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        <name>CSC Holdings, LLC</name>
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        <name>ANYWHERE REAL ESTATE GROUP LLC</name>
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        <name>Energizer Holdings Inc</name>
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        <name>ALLIANT HOLDINGS INTERMEDIATE LLC</name>
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        <name>Forvia SE</name>
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        <name>LifePoint Health, Inc</name>
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        <name>United Rentals (North America), Inc.</name>
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        <name>TransDigm, Inc.</name>
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        <name>CSC Holdings, LLC</name>
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        <name>ZF North America Capital, Inc.</name>
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        <name>Open Text Corp</name>
        <lei>549300HP7ONDQODZJV16</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GoEasy Limited</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>GSYCN 6.875 05/15/30 144a</title>
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        <name>Perrigo Finance Unlimited Co.</name>
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        <name>Kennedy Wilson Inc</name>
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        <title>KW 4.75 03/01/29</title>
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        <name>American Builders &amp; Contractors Supply Co., Inc.</name>
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        <name>VERSANT MEDIA GROUP INC</name>
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        <name>Goodyear Tire &amp; Rubber Co. The</name>
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        <name>XPLR Infrastructure Operating Partners LP</name>
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        <name>Central Parent LLC / CDK Global II LLC / CDK Financing Co.</name>
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        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
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        <name>Ball Corporation</name>
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      <invstOrSec>
        <name>ON Semiconductor Corp.</name>
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        <name>Open Text Corp</name>
        <lei>549300HP7ONDQODZJV16</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>LCPR Senior Secured Financing Designated Activity Company</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lamar Media Corp.</name>
        <lei>N/A</lei>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>Bath &amp; Body Works Inc</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>ALLIANT HOLDINGS INTERMEDIATE LLC</name>
        <lei>5493006Q26653NF8SI73</lei>
        <title>ALIANT 5.875 11/01/29 144A</title>
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          <isin value="US01883LAD55"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
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        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TDG 6.75 08/15/28 144A</title>
        <cusip>893647BR7</cusip>
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          <isin value="US893647BR70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GoEasy Limited</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>GSYCN 7.375 10/01/30 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Molina Healthcare, Inc.</name>
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        <title>MOH 4.375 06/15/28 144A</title>
        <cusip>60855RAJ9</cusip>
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        <name>ROCKET MORTGAGE LLC</name>
        <lei>549300FGXN1K3HLB1R50</lei>
        <title>RKT 2.875 10/15/26 144A</title>
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        <name>Live Nation Entertainment, Inc.</name>
        <lei>5493007B9BM9ZXJINO78</lei>
        <title>LYV 4.75 10/15/27 144A</title>
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        <name>Cable One Inc</name>
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        <title>CABO 4 11/15/30 144A</title>
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        <name>Allison Transmission Inc.</name>
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        <name>James Hardie International Finance Designated Activity Company</name>
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        <title>JHXAU 5 01/15/28 144A</title>
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        <name>SM ENERGY COMPANY</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM 8.625 11/01/30 144A</title>
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        <name>FERTITTA ENTERTAINMENT LLC</name>
        <lei>984500A0805D8V551D35</lei>
        <title>FRTITA 6.75 01/15/30 144A</title>
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        <name>Verde Purchaser LLC</name>
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        <name>Rocket Software Inc</name>
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        <name>Iron Mountain Inc.</name>
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        <name>Chord Energy Corp.</name>
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        <name>ARDAGH METAL PACKAGING FINANCE USA LLC</name>
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        <name>CLARIOS GLOBAL LP</name>
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        <name>Arbor Realty Senior Incorporated</name>
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        <name>Somnigroup International Inc.</name>
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        <name>Ardonagh Finco Ltd.</name>
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        <name>Alcoa Nederland Holding B.V.</name>
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        <name>ALLIANT HOLDINGS INTERMEDIATE LLC</name>
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        <name>Star Parent Inc.</name>
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        <name>ANYWHERE REAL ESTATE GROUP LLC</name>
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        <name>XPLR Infrastructure Operating Partners LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
        <title>XIFR 8.375 01/15/31 144A</title>
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        <name>Starwood Property Trust, Inc.</name>
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        <name>SLM Corp.</name>
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          <maturityDt>2026-11-02</maturityDt>
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        <name>Teva Pharmaceutical Finance Netherlands III B.V.</name>
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        <name>Edgewell Personal Care Co</name>
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        <name>ALLIANT HOLDINGS INTERMEDIATE LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
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        <name>TK Elevator Us Newco Inc.</name>
        <lei>549300C2AFWPAYWS5574</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CNX Resources Corporation</name>
        <lei>549300JK3KH8PWM3B226</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ZF North America Capital, Inc.</name>
        <lei>529900JYGMS9CW9IQX78</lei>
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        <name>Univision Communications Inc.</name>
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        <name>Gray Media Inc.</name>
        <lei>529900TM5726KDN7UU35</lei>
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        <name>GoEasy Limited</name>
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        <name>OUTFRONT MEDIA CAPITAL LLC (CBS OUTDOOR AMERICAS CAPITAL LLC)</name>
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        <name>Edgewell Personal Care Co</name>
        <lei>549300CY8QZDL4Z3RU59</lei>
        <title>EPC 5.5 06/01/28 144A</title>
        <cusip>28035QAA0</cusip>
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        <name>The Chemours Company LLC</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>CC 4.625 11/15/29 144A</title>
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        <name>SM Energy Co.</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM 6.75 08/01/29 144A</title>
        <cusip>78454LAX8</cusip>
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        <issuerCat>CORP</issuerCat>
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        <name>RLJ Lodging Trust LP</name>
        <lei>549300RX5I8Z6I6LDZ74</lei>
        <title>RLJ 4 09/15/29 144A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>Mauser Packaging Solutions Holding Co.</name>
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        <name>PREMIER ENTERTAINMENT SUB LLC</name>
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        <name>Arbor Realty Senior Incorporated</name>
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        <name>Iron Mountain Inc.</name>
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        <name>ELLINGTON FINANCIAL OPERATING PARTNERSHIP LLC</name>
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        <title>EFC 7.375 09/30/30 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Celanese US Holdings Llc</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
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        <invCountry>US</invCountry>
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        <name>SBA Communications Corp.</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBAC 3.875 02/15/27</title>
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          <isin value="US78410GAD60"/>
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        <balance>539000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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        <name>OUTFRONT MEDIA CAPITAL LLC (CBS OUTDOOR AMERICAS CAPITAL LLC)</name>
        <lei>5493005WC7J0FDMW0610</lei>
        <title>OUT 4.25 01/15/29 144A</title>
        <cusip>69007TAE4</cusip>
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        <name>Voltagrid LLC</name>
        <lei>254900R5BEUGIKK1FM03</lei>
        <title>VOLTAG 7.375 11/01/30 144A</title>
        <cusip>92874BAA3</cusip>
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        <name>United States Steel Corporation</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
        <title>X 6.875 03/01/29</title>
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        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>STWD 6.5 07/01/30 144A</title>
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        <name>Millicom International Cellular SA</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>TIGO 5.125 01/15/28 144A</title>
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        <invCountry>LU</invCountry>

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        <name>USA COMPRESSION PARTNERS LP</name>
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        <name>Taylor Morrison Communities Inc</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>TMHC 5.75 01/15/28 144A</title>
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        <name>Univision Communications Inc.</name>
        <lei>549300YQDE2JSGTL8V47</lei>
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        <name>Davita Inc</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
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        <name>Huntsman International LLC</name>
        <lei>3YTEJFW18LGIUQ2N5J61</lei>
        <title>HUN 4.5 05/01/29</title>
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        <issuerCat>CORP</issuerCat>
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        <name>Getty Images Inc.</name>
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        <name>Iron Mountain Inc.</name>
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        <name>Encompass Health Corporation</name>
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        <name>XPLR Infrastructure Operating Partners LP</name>
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        <name>CSC Holdings, LLC</name>
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        <name>W. R. Grace Holdings Llc</name>
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        <name>ION PLATFORM FINANCE US INC</name>
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        <name>BROOKFIELD PROPERTIES RETAIL HOLDING LLC</name>
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        <title>BPYU 4.5 04/01/27 144A</title>
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        <name>Motion Bondco Designated Activity Company</name>
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        <name>PRIMO WATER HOLDINGS INC</name>
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        <name>Univision Communications Inc.</name>
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        <name>Davita Inc</name>
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        <name>Rocket Companies Inc</name>
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        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <name>ARDAGH METAL PACKAGING FINANCE USA LLC</name>
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        <name>Arsenal AIC Parent LLC</name>
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        <name>Nexstar Media Inc.</name>
        <lei>5493006PK6I4I2OOT688</lei>
        <title>NXST 5.625 07/15/27 144A</title>
        <cusip>65343HAA9</cusip>
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        <name>Avient Corporation</name>
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        <name>PRIMO WATER HOLDINGS INC</name>
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        <name>Herc Holdings Inc</name>
        <lei>549300TP80QLITMSBP82</lei>
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        <name>SLM Corp.</name>
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        <name>Equipmentshare Com Inc.</name>
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        <name>UKG Inc.</name>
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        <name>Crown Americas LLC</name>
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        <name>HTA Group Limited (Mauritius)</name>
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        <name>Starwood Property Trust, Inc.</name>
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        <name>SPX Flow Inc.</name>
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        <name>Under Armour, Inc.</name>
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        <name>Millicom International Cellular SA</name>
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      <invstOrSec>
        <name>Iron Mountain Inc.</name>
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        <name>Ggam Finance Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</maturityDt>
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        <name>Herc Holdings Inc</name>
        <lei>549300TP80QLITMSBP82</lei>
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        <curCd>USD</curCd>
        <valUSD>673164.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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        <name>SBA Communications Corp.</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>Nissan Motor Acceptance Co LLC</name>
        <lei>7D6DIU2QXTUJRFNNJA49</lei>
        <title>NSANY 1.85 09/16/26 144A</title>
        <cusip>65480CAC9</cusip>
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        <balance>366000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-16</maturityDt>
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        <name>Bath &amp; Body Works Inc</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>BBWI 5.25 02/01/28</title>
        <cusip>501797AN4</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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        <name>VMED O2 UK Financing I PLC</name>
        <lei>213800MRR46ECNGZ7L69</lei>
        <title>VMED 4.25 01/31/31 144A</title>
        <cusip>92858RAA8</cusip>
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        <balance>503000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-31</maturityDt>
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        <name>VICTRA HOLDINGS LLC</name>
        <lei>549300KWDYQKQSF0MQ18</lei>
        <title>VICTRA 8.75 09/15/29 144A</title>
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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>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Entegris Inc</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTG 3.625 05/01/29 144A</title>
        <cusip>29362UAD6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Rocket Software Inc</name>
        <lei>549300PVG26ISP5X1556</lei>
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        <name>DISH DBS Corporation</name>
        <lei>N/A</lei>
        <title>DISH 7.75 07/01/26</title>
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        <name>ams OSRAM AG</name>
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        <title>AMSSW 12.25 03/30/29 144A</title>
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        <invCountry>AT</invCountry>
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        <name>Nexstar Media Inc.</name>
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        <title>NXST 4.75 11/01/28 144A</title>
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        <name>CLARIOS GLOBAL LP</name>
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        <name>ARDAGH METAL PACKAGING FINANCE USA LLC</name>
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        <title>AMPBEV 4 09/01/29 144A</title>
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        <name>Kennedy Wilson Inc</name>
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        <title>KW 4.75 02/01/30</title>
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        <name>United Rentals (North America), Inc.</name>
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        <name>Bombardier Inc.</name>
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        <name>NCR Voyix Corporation</name>
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        <name>Rocket Companies Inc</name>
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        <name>Service Properties Trust</name>
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        <name>ASCENT RESOURCES UTICA HOLDINGS LLC</name>
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        <title>ASCRES 5.875 06/30/29 144A</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-30</maturityDt>
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        <name>DELEK LOGISTICS PARTNERS LP</name>
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        <title>DKL 8.625 03/15/29 144A</title>
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        <name>Avantor Funding Inc</name>
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        <name>Neptune BidCo US Inc.</name>
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        <name>Murphy Oil USA Inc</name>
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        <title>MUSA 4.75 09/15/29</title>
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        <name>Asbury Automotive Group, Inc.</name>
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        <title>ABG 4.5 03/01/28</title>
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        <name>Block Inc</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>XYZ 2.75 06/01/26</title>
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        <name>Tenet Healthcare Corporation</name>
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        <title>THC 4.375 01/15/30</title>
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        <name>B&amp;G Foods, Inc.</name>
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        <title>BGS 5.25 09/15/27</title>
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        <name>Fair Isaac Corporation</name>
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        <name>Sirius Xm Radio Inc</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <name>Ggam Finance Ltd.</name>
        <lei>254900X2QXEN0FVXRF65</lei>
        <title>GGAMFI 8 02/15/27 144A</title>
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          <isin value="US36170JAC09"/>
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        <curCd>USD</curCd>
        <valUSD>283360.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Topbuild Corporation</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>BLD 3.625 03/15/29 144A</title>
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          <isin value="US89055FAB94"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154966.94000000</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>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Ggam Finance Ltd.</name>
        <lei>254900X2QXEN0FVXRF65</lei>
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          <isin value="US36170JAD81"/>
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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>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ICAHN ENTERPRISES LP</name>
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        <title>IEP 10 11/15/29 144A</title>
        <cusip>451102CK1</cusip>
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        <curCd>USD</curCd>
        <valUSD>370758.64000000</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>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>Charles River Laboratories International, Inc.</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
        <title>CRL 4.25 05/01/28 144A</title>
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          <isin value="US159864AE78"/>
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        <balance>183000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181215.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>JANE STREET GROUP LLC</name>
        <lei>5493002N1IVX6KHGYO08</lei>
        <title>JANEST 4.5 11/15/29 144A</title>
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        <balance>224000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218747.92000000</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>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Ryan Specialty LLC</name>
        <lei>549300K52N7QBO3PYY45</lei>
        <title>RYASPE 4.375 02/01/30 144A</title>
        <cusip>78351MAA0</cusip>
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          <isin value="US78351MAA09"/>
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        <balance>158000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PHH Escrow Issuer LLC / PHH Corp</name>
        <lei>N/A</lei>
        <title>PHHESC 9.875 11/01/29 144A</title>
        <cusip>716964AA9</cusip>
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          <isin value="US716964AA94"/>
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        <balance>261000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>262277.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.87500000</annualizedRt>
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      <invstOrSec>
        <name>GOL FINANCE</name>
        <lei>549300FRXVB8W0960Y03</lei>
        <title>GOLLBZ 14.375 06/06/30 144A</title>
        <cusip>36254VAN8</cusip>
        <identifiers>
          <isin value="US36254VAN82"/>
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        <balance>785000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>812475.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Brinks Company</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BCO 4.625 10/15/27 144A</title>
        <cusip>109696AA2</cusip>
        <identifiers>
          <isin value="US109696AA22"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>270446.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Advance Auto Parts Inc.</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>AAP 7 08/01/30 144A</title>
        <cusip>00751YAK2</cusip>
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        <invCountry>US</invCountry>
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        <name>ONTARIO GAMING GTA LP</name>
        <lei>894500EC9KLZLOC3V025</lei>
        <title>ONGAME 8 08/01/30 144A</title>
        <cusip>68306MAA7</cusip>
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        <balance>152000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>Fair Isaac Corporation</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>FAIRIC 4 06/15/28 144A</title>
        <cusip>303250AF1</cusip>
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          <isin value="US303250AF16"/>
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        <balance>333000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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        <name>OUTFRONT MEDIA CAPITAL LLC (CBS OUTDOOR AMERICAS CAPITAL LLC)</name>
        <lei>5493005WC7J0FDMW0610</lei>
        <title>OUT 5 08/15/27 144A</title>
        <cusip>69007TAB0</cusip>
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          <isin value="US69007TAB08"/>
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        <name>B&amp;G Foods, Inc.</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>BGS 8 09/15/28 144A</title>
        <cusip>05508WAC9</cusip>
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          <isin value="US05508WAC91"/>
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        <balance>305000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>Alumina Pty Ltd.</name>
        <lei>2138002VD9MW2WT8HR38</lei>
        <title>AA 6.125 03/15/30 144A</title>
        <cusip>02220AAA5</cusip>
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        <balance>200000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

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          <couponKind>Fixed</couponKind>
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        <name>Olin Corporation</name>
        <lei>549300GKK294V7W57P06</lei>
        <title>OLN 5 02/01/30</title>
        <cusip>680665AK2</cusip>
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        <balance>210000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennymac Financial Services Inc</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PFSI 4.25 02/15/29 144A</title>
        <cusip>70932MAB3</cusip>
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        <balance>245000.00000000</balance>
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        <name>Bombardier Inc.</name>
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        <name>Fortress Transportation &amp; Infrastructure Investors LLC</name>
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        <name>AMERIGAS PARTNERS LP</name>
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        <name>Crescent Energy Finance LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ICAHN ENTERPRISES LP</name>
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        <title>IEP 9 06/15/30</title>
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        <name>Ggam Finance Ltd.</name>
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        <title>GGAMFI 8 06/15/28 144A</title>
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        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>The Gap Inc.</name>
        <lei>T2ZG1WRWZ4BUCMQL9224</lei>
        <title>GAP 3.625 10/01/29 144A</title>
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        <balance>274000.00000000</balance>
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        <name>United Wholesale Mortgage LLC</name>
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        <name>Mattamy Group Corp</name>
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        <name>Nissan Motor Acceptance Co LLC</name>
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        <name>Newfold Digital Holdings Group Inc.</name>
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        <name>Aston Martin Capital Holdings Ltd.</name>
        <lei>213800H4GKEF3CJ8C774</lei>
        <title>ASTONM 10 03/31/29 144A</title>
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        <name>Avantor Funding Inc</name>
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        <title>AVTR 3.875 11/01/29 144A</title>
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        <name>FMG Resources (August 2006) Pty Ltd.</name>
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        <title>FMGAU 4.5 09/15/27 144A</title>
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        <name>AMERIGAS PARTNERS LP</name>
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        <title>APU 9.375 06/01/28 144A</title>
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        <name>Station Casinos LLC</name>
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        <name>Murphy Oil USA Inc</name>
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        <name>Charles River Laboratories International, Inc.</name>
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        <name>Tenet Healthcare Corporation</name>
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        <name>Pennymac Financial Services Inc</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PFSI 7.875 12/15/29 144A</title>
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        <name>ALBION FINANCING 1 SARL</name>
        <lei>259400W9CABUZBRDLP97</lei>
        <title>AGKLN 7 05/21/30 144A</title>
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        <name>Encore Capital Group Inc.</name>
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        <name>Jazz Securities Designated Activity Co.</name>
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        <name>Nissan Motor Acceptance Co LLC</name>
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        <name>Methanex Corporation</name>
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        <name>Hunt Companies, Inc.</name>
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        <name>Vistra Operations Co LLC</name>
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        <title>VST 5.625 02/15/27 144A</title>
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        <name>FMC Corp.</name>
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        <name>Venture Global Calcasieu Pass LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Celanese US Holdings Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hologic Inc</name>
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      <invstOrSec>
        <name>Cloud Software Group Inc.</name>
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        <title>TIBX 9 09/30/29 144A</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-30</maturityDt>
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        <name>SUNOCO LP</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Noble Finance II LLC.</name>
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        <curCd>USD</curCd>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GEO Group Inc</name>
        <lei>54930024XOXET7NQVZ63</lei>
        <title>GEO 8.625 04/15/29</title>
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        <balance>228000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Encore Capital Group Inc.</name>
        <lei>5493000UVC6H49CIH830</lei>
        <title>ECPG 9.25 04/01/29 144A</title>
        <cusip>292554AQ5</cusip>
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        <balance>178000.00000000</balance>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp.</name>
        <lei>N/A</lei>
        <title>RIVENT 6.25 10/15/30 144A</title>
        <cusip>76884GAA3</cusip>
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        <balance>223000.00000000</balance>
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        <name>HILCORP ENERGY I LP</name>
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        <title>HILCRP 6 04/15/30 144A</title>
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        <name>GENESIS ENERGY LP</name>
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        <title>GEL 8.25 01/15/29</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennymac Financial Services Inc</name>
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        <title>PFSI 7.125 11/15/30 144A</title>
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        <name>Freedom Mortgage Corporation</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>FREMOR 6.625 01/15/27 144a</title>
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        <name>Graphic Packaging International LLC</name>
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        <name>BLH Escrow 1 LLC</name>
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        <name>Yum! Brands Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
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        <name>FMC Corp.</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC 3.45 10/01/29</title>
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      <invstOrSec>
        <name>Freedom Mortgage Corporation</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>FREMOR 12.25 10/01/30 144A</title>
        <cusip>35640YAL1</cusip>
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        <name>Clear Channel Outdoor Holdings Inc.</name>
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        <name>TALLGRASS ENERGY PARTNERS LP</name>
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        <name>Sensata Technologies BV</name>
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        <name>ICAHN ENTERPRISES LP</name>
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        <name>Clear Channel Outdoor Holdings Inc.</name>
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        <name>Sensata Technologies BV</name>
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        <name>MGM Resorts International</name>
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        <name>Kosmos Energy Ltd</name>
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        <name>Olympus Water US Holding Corp.</name>
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        <name>NCR Atleos Corp.</name>
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        <name>Domtar Corp.</name>
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        <name>Clydesdale Acquisition Holdings Inc.</name>
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        <name>Sirius Xm Radio Inc</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <name>Methanex Corporation</name>
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        <name>Leviathan Bond Limited</name>
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        <invCountry>IL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-30</maturityDt>
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        <name>Freedom Mortgage Holdings LLC</name>
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        <curCd>USD</curCd>
        <valUSD>461980.61000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Asbury Automotive Group, Inc.</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ABG 4.75 03/01/30</title>
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        <name>TALLGRASS ENERGY PARTNERS LP</name>
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        <name>FMG Resources (August 2006) Pty Ltd.</name>
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        <name>Altice France SAS</name>
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        <name>FERRELLGAS ESCROW LLC</name>
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        <name>Advance Auto Parts 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>Lamar Media Corp.</name>
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        <name>American Axle &amp; Manufacturing, Inc.</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
        <title>AXL 5 10/01/29</title>
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        <name>Directv Financing LLC/Directv Financing Co-Obligor Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CCO Holdings, LLC/ CCO Holdings Capital Corp.</name>
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        <name>GENESIS ENERGY LP</name>
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        <name>Allison Transmission Inc.</name>
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        <title>ALSN 5.875 06/01/29 144A</title>
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          <maturityDt>2029-06-01</maturityDt>
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        <name>HILCORP ENERGY I LP</name>
        <lei>549300ITPIHLG0LHEC09</lei>
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        <cusip>431318AU8</cusip>
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          <isin value="US431318AU81"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>WYNN LAS VEGAS LLC</name>
        <lei>2549002X45DR4UI7NA62</lei>
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          <isin value="US983130AX35"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
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      <invstOrSec>
        <name>LGI Homes Inc</name>
        <lei>549300W02B4WNV8CV109</lei>
        <title>LGIH 8.75 12/15/28 144A</title>
        <cusip>50187TAH9</cusip>
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          <isin value="US50187TAH95"/>
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        <balance>123000.00000000</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>2028-12-15</maturityDt>
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        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TDG 6.375 03/01/29 144A</title>
        <cusip>893647BU0</cusip>
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        <balance>1053000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Allison Transmission Inc.</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>ALSN 4.75 10/01/27 144A</title>
        <cusip>019736AE7</cusip>
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        <name>Tenet Healthcare Corporation</name>
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        <title>THC 6.125 10/01/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>DISH Network Corporation</name>
        <lei>529900U350CWHH15G169</lei>
        <title>DISH 11.75 11/15/27 144A</title>
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        <balance>1265000.00000000</balance>
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        <name>Talos Prodtn Inc</name>
        <lei>549300GZ2DZZE2Y8TX15</lei>
        <title>TALO 9.375 02/01/31 144A</title>
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        <name>UWN Holdings LLC</name>
        <lei>N/A</lei>
        <title>UWMC 6.625 02/01/30 144A</title>
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        <name>Level 3 Financing, Inc.</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>LVLT 4.875 06/15/29 144A</title>
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        <name>Service Properties Trust</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>SVC 4.375 02/15/30</title>
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        <name>Accendra Health Inc.</name>
        <lei>549300LMT5KQQXCEZ733</lei>
        <title>ACH 6.625 04/01/30 144A</title>
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        <name>SEALED AIR CORP</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>SEE 6.125 02/01/28 144A</title>
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          <couponKind>Fixed</couponKind>
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        <name>ICAHN ENTERPRISES LP</name>
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        <title>IEP 4.375 02/01/29</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Vedanta Resources Finance II PLC</name>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Team Health Holdings Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tenet Healthcare Corporation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Axalta Coating Systems LLC</name>
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        <cusip>05453GAC9</cusip>
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        <balance>252000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mineral Resources Ltd.</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>MINAU 9.25 10/01/28 144A</title>
        <cusip>603051AE3</cusip>
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          <isin value="US603051AE37"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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      <invstOrSec>
        <name>Asbury Automotive Group, Inc.</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ABG 4.625 11/15/29 144A</title>
        <cusip>043436AW4</cusip>
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        <balance>313000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308301.24000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Trivium Packaging Finance BV</name>
        <lei>724500GMZWW3PVYET548</lei>
        <title>TRIVIU 8.25 07/15/30 144A</title>
        <cusip>89686QAD8</cusip>
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          <isin value="US89686QAD88"/>
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        <balance>158000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169357.83000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Stena International SA</name>
        <lei>213800A4LTGG4W55QP46</lei>
        <title>STENA 7.25 01/15/31 144A</title>
        <cusip>85858EAD5</cusip>
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          <isin value="US85858EAD58"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>340403.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GENESIS ENERGY LP</name>
        <lei>549300VJ5D6MDK138782</lei>
        <title>GEL 8.875 04/15/30</title>
        <cusip>37185LAN2</cusip>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>188937.36000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Studio City Finance Limited</name>
        <lei>254900D6R731QAUIG324</lei>
        <title>STCITY 6.5 01/15/28 144A</title>
        <cusip>86389QAF9</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Accendra Health Inc.</name>
        <lei>549300LMT5KQQXCEZ733</lei>
        <title>ACH 4.5 03/31/29 144A</title>
        <cusip>690732AF9</cusip>
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        <name>SEALED AIR CORP</name>
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        <title>SEE 7.25 02/15/31 144A</title>
        <cusip>812127AB4</cusip>
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        <name>BWX Technologies Inc.</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWXT 4.125 04/15/29 144A</title>
        <cusip>05605HAC4</cusip>
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          <isin value="US05605HAC43"/>
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        <name>WBI Operations LLC</name>
        <lei>254900A83461EGRMOV11</lei>
        <title>WBI 6.25 10/15/30 144A</title>
        <cusip>92944BAA9</cusip>
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        <name>Garda World Security Corporation</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>GWCN 6 06/01/29 144A</title>
        <cusip>36485MAL3</cusip>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Mineral Resources Ltd.</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>MINAU 8.5 05/01/30 144A</title>
        <cusip>603051AD5</cusip>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SUNOCO LP</name>
        <lei>54930001NJU8E40NQ561</lei>
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        <name>Stena International SA</name>
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        <name>Mineral Resources Ltd.</name>
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        <name>Fluor Corporation</name>
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        <name>ADT Security Corp.</name>
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        <name>Sirius Xm Radio Inc</name>
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        <name>Grifols S.A.</name>
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        <name>Apollo Commercial Real Estate Finance, Inc.</name>
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        <name>Rithm Capital Corp.</name>
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        <title>RITM 8 04/01/29 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CVR Energy Inc.</name>
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        <title>CVI 7.5 02/15/31 144A</title>
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        <name>BWX Technologies Inc.</name>
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        <name>Azorra Finance Ltd.</name>
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        <title>AZORRA 7.75 04/15/30 144A</title>
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        <invCountry>KY</invCountry>

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        <name>Bausch Plus Lomb Corp.</name>
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        <name>HILCORP ENERGY I LP</name>
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        <name>Buckeye Partners LP</name>
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        <name>Clearway Energy Operating LLC</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>CWENA 3.75 02/15/31 144A</title>
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        <name>AVIS BUDGET CAR RENTAL LLC</name>
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        <title>CAR 8 02/15/31 144A</title>
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        <name>Newfold Digital Holdings Group Inc.</name>
        <lei>549300UTQC2651SB0W88</lei>
        <title>EIGI 11.75 04/30/29 144@</title>
        <cusip>650929AE2</cusip>
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        <name>Directv Financing LLC/Directv Financing Co-Obligor Inc.</name>
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        <name>Prime Healthcare Services Inc</name>
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        <name>Service Corporation International</name>
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          <maturityDt>2027-12-15</maturityDt>
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        <name>OneMain Financial Corporation</name>
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        <name>Rithm Capital Corp.</name>
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          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <name>Newfold Digital Holdings Group Inc.</name>
        <lei>549300UTQC2651SB0W88</lei>
        <title>EIGI 11.75 04/30/29 144A</title>
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          <maturityDt>2029-04-30</maturityDt>
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        <name>Travel Plus Leisure Co</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>TNL 4.5 12/01/29 144A</title>
        <cusip>894164AA0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Cornerstone Building Brands Inc</name>
        <lei>549300IW41QEWQ6T0H29</lei>
        <title>CNR 9.5 08/15/29 144A</title>
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        <balance>186000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PBF HOLDING CO LLC</name>
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        <name>CSC Holdings, LLC</name>
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        <name>Altice Financing S.A.</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>ALTICE 5 01/15/28 144A</title>
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        <invCountry>LU</invCountry>

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        <name>Talen Energy Supply LLC</name>
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        <title>TLN 8.625 06/01/30 144A</title>
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        <name>Buckeye Partners LP</name>
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        <name>Blackstone Mortgage Trust, Inc</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
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        <name>Williams Scotsman Inc.</name>
        <lei>549300DAKDS8SCO1OT57</lei>
        <title>WLSC 6.625 06/15/29 144A</title>
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        <name>Directv Financing LLC/Directv Financing Co-Obligor Inc.</name>
        <lei>N/A</lei>
        <title>DTV 5.875 08/15/27 144A</title>
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      <invstOrSec>
        <name>Smyrna Ready Mix Concrete LLC</name>
        <lei>549300S7RFWHQFOIOY93</lei>
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        <cusip>85236FAA1</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Service Corporation International</name>
        <lei>549300RKVM2ME20JHZ15</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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      <invstOrSec>
        <name>ANTERO MIDSTREAM PARTNERS LP</name>
        <lei>529900HFO1BDEIT4QU11</lei>
        <title>AM 5.375 06/15/29 144A</title>
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          <isin value="US03690AAH95"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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        <name>PBF HOLDING CO LLC</name>
        <lei>549300TILVIIV9FLL461</lei>
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          <isin value="US69318FAM05"/>
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        <curCd>USD</curCd>
        <valUSD>315404.79000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Matador Resources Company</name>
        <lei>549300CI3Q2UUK5R4G79</lei>
        <title>MTDR 6.875 04/15/28 144A</title>
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          <isin value="US576485AF30"/>
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        <balance>173000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>176629.54000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Ihs Holding Limited</name>
        <lei>213800CLGMKL63VKTD94</lei>
        <title>IHS 7.875 05/29/30 144A</title>
        <cusip>44963HAC9</cusip>
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          <isin value="US44963HAC97"/>
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        <balance>211000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>221233.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>Studio City Finance Limited</name>
        <lei>254900D6R731QAUIG324</lei>
        <title>STCITY 5 01/15/29 144A</title>
        <cusip>86389QAG7</cusip>
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          <isin value="US86389QAG73"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>401614.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harvest Midstream I LP</name>
        <lei>549300DW5M17KJOXCY66</lei>
        <title>HARMID 7.5 09/01/28 144A</title>
        <cusip>417558AA1</cusip>
        <identifiers>
          <isin value="US417558AA18"/>
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        <balance>307000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>310622.29000000</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>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Xerox Holdings Corporation</name>
        <lei>5493000Y33XDVO2CXC18</lei>
        <title>XRX 8.875 11/30/29 144A</title>
        <cusip>98421MAC0</cusip>
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          <isin value="US98421MAC01"/>
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        <balance>181000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52543.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.87500000</annualizedRt>
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        <name>BROOKFIELD RESIDENTIAL PROPERTIES ULC</name>
        <lei>549300C2SXDXVIUV3Q14</lei>
        <title>BRPCN 4.875 02/15/30 144A</title>
        <cusip>11283YAD2</cusip>
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          <isin value="US11283YAD22"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>AVIS BUDGET CAR RENTAL LLC</name>
        <lei>XN8R4HH1TVC1XOCL5P21</lei>
        <title>CAR 5.375 03/01/29 144A</title>
        <cusip>053773BF3</cusip>
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          <isin value="US053773BF30"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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        <name>Talos Prodtn Inc</name>
        <lei>549300GZ2DZZE2Y8TX15</lei>
        <title>TALO 9 02/01/29 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CSC Holdings, LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSCHLD 4.125 12/01/30 144A</title>
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        <name>Directv Financing LLC/Directv Financing Co-Obligor Inc.</name>
        <lei>N/A</lei>
        <title>DTV 10 02/15/31 144A</title>
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        <name>Sirius Xm Radio Inc</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>SIRI 5 08/01/27 144A</title>
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        <name>Goodyear Tire &amp; Rubber Co. The</name>
        <lei>5493002BI0S2ZQUY3437</lei>
        <title>GT 5 07/15/29</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lamar Media Corp.</name>
        <lei>N/A</lei>
        <title>LAMR 3.625 01/15/31</title>
        <cusip>513075BZ3</cusip>
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        <balance>211000.00000000</balance>
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        <valUSD>199940.12000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>National Mentor Holdings Inc</name>
        <lei>5493004QULJVJP3CNZ62</lei>
        <title>MENTOR 10.5 12/15/30 144A</title>
        <cusip>63688RAF4</cusip>
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          <isin value="US63688RAF47"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>473669.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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      <invstOrSec>
        <name>Xerox Holdings Corporation</name>
        <lei>5493000Y33XDVO2CXC18</lei>
        <title>XRX 5.5 08/15/28 144A</title>
        <cusip>98421MAB2</cusip>
        <identifiers>
          <isin value="US98421MAB28"/>
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        <balance>260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100074.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Service Properties Trust</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>SVC 3.95 01/15/28</title>
        <cusip>44106MAX0</cusip>
        <identifiers>
          <isin value="US44106MAX02"/>
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        <balance>172000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>164148.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RHP HOTEL PROPERTIES LP</name>
        <lei>549300SJMSMA2471GA96</lei>
        <title>RHP 4.75 10/15/27</title>
        <cusip>749571AF2</cusip>
        <identifiers>
          <isin value="US749571AF20"/>
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        <balance>242000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>242117.93000000</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>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tenneco LLC</name>
        <lei>549300U0EXXFAQFAD785</lei>
        <title>TENINC 8 11/17/28 144A</title>
        <cusip>880349AU9</cusip>
        <identifiers>
          <isin value="US880349AU90"/>
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        <balance>728000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>728542.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tegna Inc</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TGNA 5 09/15/29</title>
        <cusip>87901JAH8</cusip>
        <identifiers>
          <isin value="US87901JAH86"/>
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        <balance>427000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426883.98000000</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>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PBF HOLDING CO LLC</name>
        <lei>549300TILVIIV9FLL461</lei>
        <title>PBFENE 6 02/15/28</title>
        <cusip>69318FAJ7</cusip>
        <identifiers>
          <isin value="US69318FAJ75"/>
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        <balance>302000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300944.75000000</valUSD>
        <pctVal>0.116689904772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</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>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Iqvia Inc</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQV 5 10/15/26 144A</title>
        <cusip>449934AD0</cusip>
        <identifiers>
          <isin value="US449934AD05"/>
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        <balance>415000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>415368.31000000</valUSD>
        <pctVal>0.161057099482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HILCORP ENERGY I LP</name>
        <lei>549300ITPIHLG0LHEC09</lei>
        <title>HILCRP 6.25 11/01/28 144A</title>
        <cusip>431318AS3</cusip>
        <identifiers>
          <isin value="US431318AS36"/>
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        <balance>212000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>213633.88000000</valUSD>
        <pctVal>0.082835527496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clearway Energy Operating LLC</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>CWENA 4.75 03/15/28 144A</title>
        <cusip>18539UAC9</cusip>
        <identifiers>
          <isin value="US18539UAC99"/>
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        <balance>386000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>384925.14000000</valUSD>
        <pctVal>0.149252904166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ihs Holding Limited</name>
        <lei>213800CLGMKL63VKTD94</lei>
        <title>IHS 6.25 11/29/28 144A</title>
        <cusip>44963HAB1</cusip>
        <identifiers>
          <isin value="US44963HAB15"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>175720.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Tegna Inc</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TGNA 4.625 03/15/28</title>
        <cusip>87901JAJ4</cusip>
        <identifiers>
          <isin value="US87901JAJ43"/>
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        <balance>355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>354278.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Tenet Healthcare Corporation</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>THC 4.25 06/01/29</title>
        <cusip>88033GDM9</cusip>
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          <isin value="US88033GDM96"/>
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        <balance>526000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>519047.17000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Service Corporation International</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>SCI 3.375 08/15/30</title>
        <cusip>817565CF9</cusip>
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          <isin value="US817565CF96"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>319764.25000000</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>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Central Parent Inc. / Central Merger Sub Inc.</name>
        <lei>N/A</lei>
        <title>CDK 7.25 06/15/29 144A</title>
        <cusip>15477CAA3</cusip>
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          <isin value="US15477CAA36"/>
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        <balance>279000.00000000</balance>
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        <valUSD>176548.66000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Olympus Water US Holding Corp.</name>
        <lei>549300YU2GGVCBN3MY89</lei>
        <title>SOLEIN 4.25 10/01/28 144a</title>
        <cusip>681639AA8</cusip>
        <identifiers>
          <isin value="US681639AA87"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>330835.27000000</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>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TALLGRASS ENERGY PARTNERS LP</name>
        <lei>549300IQ3DN0F3VERF65</lei>
        <title>TEP 5.5 01/15/28 144A</title>
        <cusip>87470LAD3</cusip>
        <identifiers>
          <isin value="US87470LAD38"/>
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        <balance>263000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>263527.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Buckeye Partners LP</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>BPL 4.5 03/01/28 144A</title>
        <cusip>118230AU5</cusip>
        <identifiers>
          <isin value="US118230AU55"/>
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        <name>Amwins Group Inc</name>
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        <name>CSC Holdings, LLC</name>
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        <name>1011778 B.C. ULC</name>
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        <name>Clarivate Science Holdings Corp.</name>
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        <name>MGM Resorts International</name>
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        <name>Arcosa Inc</name>
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        <name>ARCHROCK PARTNERS LP</name>
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        <name>CSC Holdings, LLC</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Athenahealth Group Inc.</name>
        <lei>254900AA3KZN4Q7A5Z33</lei>
        <title>ATHENA 6.5 02/15/30 144A</title>
        <cusip>60337JAA4</cusip>
        <identifiers>
          <isin value="US60337JAA43"/>
        </identifiers>
        <balance>875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>823558.75000000</valUSD>
        <pctVal>0.319331013790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axon Enterprise Inc</name>
        <lei>549300QP2IEEGFE16681</lei>
        <title>AXON 6.125 03/15/30 144A</title>
        <cusip>05464CAC5</cusip>
        <identifiers>
          <isin value="US05464CAC55"/>
        </identifiers>
        <balance>383000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>395687.26000000</valUSD>
        <pctVal>0.153425865343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clear Channel Outdoor Holdings Inc.</name>
        <lei>254900XBEE6V1ENYS150</lei>
        <title>CCO 7.75 04/15/28 144A</title>
        <cusip>18453HAC0</cusip>
        <identifiers>
          <isin value="US18453HAC07"/>
        </identifiers>
        <balance>374000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>377188.72000000</valUSD>
        <pctVal>0.146253143868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Williams Scotsman Inc.</name>
        <lei>549300DAKDS8SCO1OT57</lei>
        <title>WLSC 6.625 04/15/30 144A</title>
        <cusip>96949VAN3</cusip>
        <identifiers>
          <isin value="US96949VAN38"/>
        </identifiers>
        <balance>182000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>189057.41000000</valUSD>
        <pctVal>0.073306117383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rockies Express Pipeline LLC</name>
        <lei>W2ZGZGZKY5GGNY6F3V51</lei>
        <title>ROCKIE 4.95 07/15/29 144A</title>
        <cusip>77340RAR8</cusip>
        <identifiers>
          <isin value="US77340RAR84"/>
        </identifiers>
        <balance>204000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204148.72000000</valUSD>
        <pctVal>0.079157701525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Churchill Downs Inc</name>
        <lei>529900FODTBQC8MIS994</lei>
        <title>CHDN 5.5 04/01/27 144A</title>
        <cusip>171484AG3</cusip>
        <identifiers>
          <isin value="US171484AG30"/>
        </identifiers>
        <balance>237000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>237283.69000000</valUSD>
        <pctVal>0.092005629572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OneMain Financial Corporation</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OMF 3.5 01/15/27</title>
        <cusip>682691AB6</cusip>
        <identifiers>
          <isin value="US682691AB63"/>
        </identifiers>
        <balance>279000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>275915.68000000</valUSD>
        <pctVal>0.106985001148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>V.F. Corp</name>
        <lei>CWAJJ9DJ5Z7P057HV541</lei>
        <title>VFC 2.8 04/23/27</title>
        <cusip>918204BB3</cusip>
        <identifiers>
          <isin value="US918204BB37"/>
        </identifiers>
        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>180560.37000000</valUSD>
        <pctVal>0.070011430274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Azorra Finance Ltd.</name>
        <lei>254900MC1HXDAVUUP395</lei>
        <title>AZORRA 7.25 01/15/31 144A</title>
        <cusip>05480AAB1</cusip>
        <identifiers>
          <isin value="US05480AAB17"/>
        </identifiers>
        <balance>211000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220382.67000000</valUSD>
        <pctVal>0.085452338928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSC Holdings, LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSCHLD 11.25 05/15/28 144A</title>
        <cusip>126307BM8</cusip>
        <identifiers>
          <isin value="US126307BM89"/>
        </identifiers>
        <balance>361000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>286357.97000000</valUSD>
        <pctVal>0.111033949754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="279139.52670300"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allwyn Entertainment Financing (UK) PLC</name>
        <lei>315700J7ZTIN8XGCX365</lei>
        <title>SAZKAG 7.875 04/30/29 144A</title>
        <cusip>02007VAA8</cusip>
        <identifiers>
          <isin value="US02007VAA89"/>
        </identifiers>
        <balance>237000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246319.47000000</valUSD>
        <pctVal>0.095509210571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HudBay Minerals Inc</name>
        <lei>894500LX3TMESP27BE29</lei>
        <title>HBMCN 6.125 04/01/29 144A</title>
        <cusip>443628AH5</cusip>
        <identifiers>
          <isin value="US443628AH54"/>
        </identifiers>
        <balance>202000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203750.33000000</valUSD>
        <pctVal>0.079003227685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-04-29</ncom:dateSigned>
      <ncom:nameOfApplicant>DBX ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Diane Kenneally</ncom:signature>
      <ncom:signerName>Diane Kenneally</ncom:signerName>
      <ncom:title>Treasurer and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
