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        <name>PERRIGO FINANCE PUC</name>
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        <name>HILTON GRAND VACATIONS BORROWER ESCROW LLC</name>
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        <name>ENERGIZER HOLDINGS INC</name>
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        <name>CHEMOURS COMPANY (THE)</name>
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        <name>LIFEPOINT HEALTH INC</name>
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        <name>JEFFERIES FINANCE LLC / JFIN CO-ISSUER CORP</name>
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        <name>GOEASY LTD</name>
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        <name>SM ENERGY COMPANY</name>
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        <name>ADIENT GLOBAL HOLDINGS LTD</name>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LCPR SENIOR SECURED FINANCING DAC</name>
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        <invCountry>IE</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>LD HOLDINGS GROUP LLC</name>
        <lei>N/A</lei>
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        <title>BBWI 6.625 10/01/30 144A</title>
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        <name>ALLIANT HOLDINGS INTERMEDIATE LLC / ALLIANT HOLDINGS CO-ISSUER INC</name>
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        <name>OLIN CORP</name>
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        <name>FS KKR CAPITAL CORP</name>
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        <name>HUNT COMPANIES INC</name>
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        <name>FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE COMPANY INC</name>
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        <name>INEOS QUATTRO FINANCE 2 PLC</name>
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        <name>XPLR INFRASTRUCTURE OPERATING PARTNERS LP</name>
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        <name>STAR PARENT INC</name>
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        <name>ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP</name>
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        <name>UWM HOLDINGS LLC</name>
        <lei>N/A</lei>
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          <isin value="US903522AA85"/>
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        <curCd>USD</curCd>
        <valUSD>52206.56000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>XPLR INFRASTRUCTURE OPERATING PARTNERS LP</name>
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          <isin value="US98380MAA36"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58997.18000000</valUSD>
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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>FIRST QUANTUM MINERALS LTD</name>
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          <isin value="US335934AY19"/>
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        <curCd>USD</curCd>
        <valUSD>102906.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-15</maturityDt>
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      <invstOrSec>
        <name>MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP</name>
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        <cusip>55342UAQ7</cusip>
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          <isin value="US55342UAQ76"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114621.54000000</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>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>ALBERTSONS COMPANIES INC / SAFEWAY INC / NEW ALBERTSONS LP / ALBERTSONS LLC</name>
        <lei>N/A</lei>
        <title>ACI 5.75 03/31/34 144A</title>
        <cusip>01309QAD0</cusip>
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          <isin value="US01309QAD07"/>
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        <balance>132000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127328.03000000</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>2034-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GRAY MEDIA INC</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>GTN 7.25 08/15/33 144A</title>
        <cusip>389375AP1</cusip>
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          <isin value="US389375AP13"/>
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        <balance>63000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62525.74000000</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>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>CROSSCOUNTRY INTERMEDIATE HOLDCO LLC</name>
        <lei>N/A</lei>
        <title>CROSIN 6.75 12/01/32 144A</title>
        <cusip>22757VAB6</cusip>
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          <isin value="US22757VAB62"/>
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        <balance>41000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39455.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
        <title>CRWV 9.75 10/01/31 144A</title>
        <cusip>21873SAG3</cusip>
        <identifiers>
          <isin value="US21873SAG30"/>
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        <balance>198000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204341.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>CLEVELAND-CLIFFS INC</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLF 7 03/15/32 144A</title>
        <cusip>185899AP6</cusip>
        <identifiers>
          <isin value="US185899AP61"/>
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        <balance>99000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100208.71000000</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>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>EDGEWELL PERSONAL CARE COMPANY</name>
        <lei>549300CY8QZDL4Z3RU59</lei>
        <title>EPC 4.125 04/01/29 144A</title>
        <cusip>28035QAB8</cusip>
        <identifiers>
          <isin value="US28035QAB86"/>
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        <balance>37000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35386.59000000</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>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>BROOKFIELD RESIDENTIAL US LLC/BROOKFIELD RESIDENTIAL PROPERTIES INC</name>
        <lei>N/A</lei>
        <title>BRPCN 4.875 02/15/30 144A</title>
        <cusip>11283YAD2</cusip>
        <identifiers>
          <isin value="US11283YAD22"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32388.45000000</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>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTICA SUSTAINABLE INFRASTRUCTURE GROUP PLC</name>
        <lei>254900V5SMQ1UP1CLC26</lei>
        <title>AY 6.375 02/15/32 144A</title>
        <cusip>13005HAA8</cusip>
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          <isin value="US13005HAA86"/>
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        <balance>71000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70646.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>JEFFERIES FINANCE LLC / JFIN CO-ISSUER CORP</name>
        <lei>549300SKVB18YSSIDT75</lei>
        <title>JEFFIN 6.625 10/15/31</title>
        <cusip>47232MAG7</cusip>
        <identifiers>
          <isin value="US47232MAG78"/>
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        <balance>31000.00000000</balance>
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        <valUSD>30597.51000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-15</maturityDt>
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      <invstOrSec>
        <name>ZF NORTH AMERICA CAPITAL INC</name>
        <lei>529900JYGMS9CW9IQX78</lei>
        <title>ZFFNGR 7.125 04/14/30 144A</title>
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          <isin value="US98877DAE58"/>
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        <balance>31000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
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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>
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          <isin value="US681639AA87"/>
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        <fairValLevel>2</fairValLevel>
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        <name>UNIVISION COMMUNICATIONS INC</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>UVN 4.5 05/01/29 144A</title>
        <cusip>914906AV4</cusip>
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        <balance>67000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UWM HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>UWMC 6.25 03/15/31 144A</title>
        <cusip>903522AB6</cusip>
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          <isin value="US903522AB68"/>
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        <balance>69000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GOEASY LTD</name>
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        <name>FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE COMPANY INC</name>
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        <name>TEREX CORP</name>
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        <name>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</name>
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        <name>MAUSER PACKAGING SOLUTIONS HOLDING COMPANY</name>
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        <name>CSC HOLDINGS LLC</name>
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        <name>NISSAN MOTOR CO LTD</name>
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        <name>MITER BRANDS ACQUISITION HOLDCO INC</name>
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        <name>FIRST QUANTUM MINERALS LTD</name>
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        <name>CYPRIUM CORP / CYPRIUM HOLDINGS LUXEMBOURG SARL</name>
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        <name>CELANESE US HOLDINGS LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CE 6.75 04/15/33</title>
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        <name>AZORRA FINANCE LTD</name>
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        <name>GRAY MEDIA INC</name>
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        <name>CSC HOLDINGS LLC</name>
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        <name>MELCO RESORTS FINANCE LTD</name>
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        <name>ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP</name>
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        <name>KODIAK GAS SERVICES LLC</name>
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        <name>ARDONAGH GROUP FINANCE LTD</name>
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        <name>FIESTA PURCHASER INC</name>
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        <name>CREDIT ACCEPTANCE CORP</name>
        <lei>N/A</lei>
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          <maturityDt>2030-03-15</maturityDt>
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        <name>MAUSER PACKAGING SOLUTIONS HOLDING COMPANY</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>BWY 9.25 04/15/30 144A</title>
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        <name>AZORRA FINANCE LTD</name>
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        <name>CENTRAL PARENT LLC / CENTRAL MERGER SUB INC</name>
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        <name>PREMIER ENTERTAINMENT SUB LLC / PREMIER ENTERTAINMENT FINANCE CORP</name>
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        <name>PITNEY BOWES INC</name>
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        <name>VF CORP</name>
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        <name>JONES DESLAURIERS INSURANCE MANAGEMENT INC</name>
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        <name>ILIAD HOLDING SAS</name>
        <lei>9695009BGMXB527HV965</lei>
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        <name>DWS GOVERNMENT AND AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES</name>
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        <name>VOLTAGRID LLC</name>
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        <name>PR RNO PROPERTY OWNER 1 LLC</name>
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        <name>SM ENERGY COMPANY</name>
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        <name>MACY'S RETAIL HOLDINGS LLC</name>
        <lei>549300JMONK27O4SQQ19</lei>
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        <name>HUNTSMAN INTERNATIONAL LLC</name>
        <lei>3YTEJFW18LGIUQ2N5J61</lei>
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        <name>ALLIED UNIVERSAL HOLDCO LLC / ALLIED UNIVERSAL FINANCE CORP</name>
        <lei>N/A</lei>
        <title>UNSEAM 6 06/01/29 144A</title>
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          <isin value="US019576AC18"/>
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        <fairValLevel>2</fairValLevel>
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        <name>GETTY IMAGES INC</name>
        <lei>5493005NV20IG4VEKZ40</lei>
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        <name>FIESTA PURCHASER INC</name>
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        <name>ARETEC GROUP INC</name>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSCHLD 5.375 02/01/28 144A</title>
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        <name>W.R. GRACE HOLDINGS LLC</name>
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        <title>GRA 5.625 08/15/29 144A</title>
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        <name>TKC HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>TKCHOL 12 02/15/31 144A</title>
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        <name>METHANEX US OPERATIONS INC</name>
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        <name>MOTION BONDCO DAC</name>
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        <name>TRANSOCEAN INTERNATIONAL LTD</name>
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        <lei>3YTEJFW18LGIUQ2N5J61</lei>
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        <name>DISCOVERY COMMUNICATIONS LLC</name>
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        <name>ARETEC ESCROW ISSUER 2 INC</name>
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        <name>ONEMAIN FINANCE CORP</name>
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        <name>KODIAK GAS SERVICES LLC</name>
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        <name>SM ENERGY COMPANY</name>
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        <name>HTA GROUP LTD</name>
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        <name>MACY'S RETAIL HOLDINGS LLC</name>
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        <name>MELCO RESORTS FINANCE LTD</name>
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        <name>DISCOVERY COMMUNICATIONS LLC</name>
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        <name>MEDCO MAPLE TREE PTE LTD</name>
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        <name>MELCO RESORTS FINANCE LTD</name>
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        <name>SWORD PURCHASER LLC</name>
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        <name>VMED O2 UK FINANCING I PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VICTRA HOLDINGS LLC / VICTRA FINANCE CORP</name>
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          <isin value="US92648DAA46"/>
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        <fairValLevel>2</fairValLevel>
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        <name>HILCORP ENERGY I LP / HILCORP FINANCE CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ROCKET SOFTWARE INC</name>
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        <name>RIVERS ENTERPRISE BORROWER LLC / RIVERS ENTERPRISE FINANCE CORP</name>
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        <name>AMS-OSRAM AG</name>
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        <invCountry>AT</invCountry>
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        <name>JEFFERSON CAPITAL HOLDINGS LLC</name>
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        <name>DIVERSIFIED HEALTHCARE TRUST</name>
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        <name>SERVICE PROPERTIES TRUST</name>
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        <name>ARDAGH METAL PACKAGING FINANCE PLC/ARDAGH METAL PACKAGING FINANCE USA LLC</name>
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        <name>SMYRNA READY MIX CONCRETE LLC</name>
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        <name>MELCO RESORTS FINANCE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ITT HOLDINGS LLC</name>
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          <isin value="US45074JAA25"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NISSAN MOTOR CO LTD</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>COMMERCIAL METALS COMPANY</name>
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        <valUSD>69178.16000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-15</maturityDt>
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        <name>GOEASY LTD</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>GSYCN 9.25 12/01/28 144A</title>
        <cusip>380355AH0</cusip>
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        <valUSD>34325.16000000</valUSD>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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        <name>OSAIC HOLDINGS INC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FINANCE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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        <name>VIRGIN MEDIA FINANCE PLC</name>
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        <invCountry>GB</invCountry>
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        <name>MILLROSE PROPERTIES INC</name>
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        <name>MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP</name>
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        <title>MPW 5 10/15/27</title>
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        <name>KOSMOS ENERGY LTD</name>
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        <name>CITIBANK NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>FIBCOP 7.2 07/18/36 144A</title>
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        <name>NEPTUNE BIDCO US INC</name>
        <lei>549300VG15T3VCYZ4531</lei>
        <title>NLSN 9.29 04/15/29 144A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FREEDOM MORTGAGE HOLDINGS LLC</name>
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        <cusip>35641AAB4</cusip>
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          <isin value="US35641AAB44"/>
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        <curCd>USD</curCd>
        <valUSD>53902.16000000</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>2031-05-15</maturityDt>
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      <invstOrSec>
        <name>NISSAN MOTOR CO LTD</name>
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          <isin value="US654744AD34"/>
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        <curCd>USD</curCd>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-17</maturityDt>
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      <invstOrSec>
        <name>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</name>
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          <isin value="US1248EPCN14"/>
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        <balance>168000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147533.99000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>BAUSCH HEALTH COMPANIES INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BHCCN 5.25 02/15/31 144A</title>
        <cusip>071734AL1</cusip>
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          <isin value="US071734AL17"/>
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        <balance>36000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20403.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>B&amp;G FOODS INC</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>BGS 5.25 09/15/27</title>
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          <isin value="US05508WAB19"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34152.29000000</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>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>CHS/COMMUNITY HEALTH SYSTEMS INC</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CYH 4.75 02/15/31 144A</title>
        <cusip>12543DBK5</cusip>
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          <isin value="US12543DBK54"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55215.73000000</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>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>SIX FLAGS ENTERTAINMENT CORP</name>
        <lei>529900AS2CYWYFHRS781</lei>
        <title>FUN 6.625 05/01/32 144A</title>
        <cusip>83002YAA7</cusip>
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          <isin value="US83002YAA73"/>
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        <balance>48000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49085.28000000</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>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <name>SERVICE PROPERTIES TRUST</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>SVC 8.625 11/15/31 144A</title>
        <cusip>81761LAC6</cusip>
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          <isin value="US81761LAC63"/>
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        <balance>59000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62300.28000000</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>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
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      <invstOrSec>
        <name>DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FINANCE CORP</name>
        <lei>N/A</lei>
        <title>DKL 7.375 06/30/33 144A</title>
        <cusip>24665FAE2</cusip>
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          <isin value="US24665FAE25"/>
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        <balance>48000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49588.90000000</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>2033-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP</name>
        <lei>N/A</lei>
        <title>IEP 10 11/15/29 144A</title>
        <cusip>451102CK1</cusip>
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          <isin value="US451102CK14"/>
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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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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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        <name>PARAMOUNT GLOBAL</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>PARA 4.95 01/15/31</title>
        <cusip>92556HAB3</cusip>
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          <isin value="US92556HAB33"/>
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        <balance>85000.00000000</balance>
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        <valUSD>79308.65000000</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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        <name>FS KKR CAPITAL CORP</name>
        <lei>549300TYRSI1T21B1360</lei>
        <title>FSK 6.125 01/15/31</title>
        <cusip>302635AQ0</cusip>
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          <isin value="US302635AQ03"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
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        <name>OPEN TEXT HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>OTEXCN 4.125 12/01/31 144A</title>
        <cusip>683720AC0</cusip>
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          <isin value="US683720AC08"/>
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          <maturityDt>2031-12-01</maturityDt>
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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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        <fairValLevel>2</fairValLevel>
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        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG 5.875 05/15/34 144A</title>
        <cusip>629377DF6</cusip>
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        <balance>65000.00000000</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>2034-05-15</maturityDt>
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        <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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        <balance>30000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OSAIC HOLDINGS INC</name>
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        <name>ADVANCE AUTO PARTS INC</name>
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        <name>ADVANCE AUTO PARTS INC</name>
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        <name>API GROUP DE INC</name>
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      <invstOrSec>
        <name>PERIMETER HOLDINGS LLC</name>
        <lei>N/A</lei>
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        <name>WAND NEWCO 3 INC</name>
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        <name>TALEN ENERGY SUPPLY LLC</name>
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        <name>MIDAS OPCO HOLDINGS LLC</name>
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        <name>CHS/COMMUNITY HEALTH SYSTEMS INC</name>
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        <name>TRANSALTA CORP</name>
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        <name>B&amp;G FOODS INC</name>
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        <name>HERTZ CORP (THE)</name>
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        <name>CITIBANK NA</name>
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        <name>ARDAGH GROUP SA</name>
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        <name>MADISON IAQ LLC</name>
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        <name>ENCORE CAPITAL GROUP INC</name>
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        <name>NEWFOLD DIGITAL HOLDINGS GROUP INC</name>
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        <name>SIX FLAGS ENTERTAINMENT CORP</name>
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        <name>SERVICE PROPERTIES TRUST</name>
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        <name>STANDARD BUILDING SOLUTIONS INC</name>
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        <name>HUDSON PACIFIC PROPERTIES LP</name>
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        <lei>N/A</lei>
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        <name>STANDARD BUILDING SOLUTIONS INC</name>
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        <name>CELANESE US HOLDINGS LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CE 7 02/15/31</title>
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        <name>ARCHES BUYER INC</name>
        <lei>2549009ADY4208OH2Y47</lei>
        <title>ACOM 6.125 12/01/28 144A</title>
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        <name>UNIVISION COMMUNICATIONS INC</name>
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        <name>CRESCENT ENERGY FINANCE LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>CRGYFN 7.375 01/15/33 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>COX ASSET MEXICO SA DE CV</name>
        <lei>4469000001ERQUPOUR24</lei>
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        <name>CLOUD SOFTWARE GROUP INC</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>TIBX 9 09/30/29 144A</title>
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        <name>OLYMPUS WATER US HOLDING CORP</name>
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        <name>MAGNERA CORP</name>
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        <name>TALLGRASS ENERGY PARTNERS LP</name>
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        <title>TEP 6 09/01/31 144A</title>
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        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
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        <name>GEO GROUP INC (THE)</name>
        <lei>54930024XOXET7NQVZ63</lei>
        <title>GEO 8.625 04/15/29</title>
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        <name>DISH DBS CORP</name>
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        <name>ZIGGO BV</name>
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        <name>W.R. GRACE HOLDINGS LLC</name>
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        <name>PENNYMAC FINANCIAL SERVICES INC</name>
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        <name>CLARIVATE SCIENCE HOLDINGS CORP</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <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>34000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30196.25000000</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>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      </invstOrSec>
      <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>
        <identifiers>
          <isin value="US1248EPCS01"/>
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        <balance>87000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87451.70000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MOLINA HEALTHCARE INC</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>MOH 6.25 01/15/33 144A</title>
        <cusip>60855RAM2</cusip>
        <identifiers>
          <isin value="US60855RAM25"/>
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        <balance>54000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54025.76000000</valUSD>
        <pctVal>0.122957699464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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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>41000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39751.23000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP</name>
        <lei>N/A</lei>
        <title>MPW 3.5 03/15/31</title>
        <cusip>55342UAM6</cusip>
        <identifiers>
          <isin value="US55342UAM62"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64551.17000000</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>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MIWD HOLDCO II LLC</name>
        <lei>254900X3SPV5RVFJEY72</lei>
        <title>MIWIDO 5.5 02/01/30 144A</title>
        <cusip>55337PAA0</cusip>
        <identifiers>
          <isin value="US55337PAA03"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32723.52000000</valUSD>
        <pctVal>0.074475745229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSCHLD 5 11/15/31 144A</title>
        <cusip>126307BK2</cusip>
        <identifiers>
          <isin value="US126307BK24"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8400.00000000</valUSD>
        <pctVal>0.019117633430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLOBAL PARTNERS LP / GLP FINANCE CORP</name>
        <lei>N/A</lei>
        <title>GLP 7.125 07/01/33 144A</title>
        <cusip>37954FAL8</cusip>
        <identifiers>
          <isin value="US37954FAL85"/>
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        <balance>32000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32561.15000000</valUSD>
        <pctVal>0.074106205926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEXSTAR MEDIA GROUP INC</name>
        <lei>52990083ZRR5UT591988</lei>
        <title>NXST 7.25 04/15/34 144A</title>
        <cusip>65346UAA7</cusip>
        <identifiers>
          <isin value="US65346UAA79"/>
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        <balance>119000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119819.67000000</valUSD>
        <pctVal>0.272698634388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLEAR CHANNEL OUTDOOR HOLDINGS INC</name>
        <lei>254900XBEE6V1ENYS150</lei>
        <title>CCO 7.875 04/01/30 144A</title>
        <cusip>18453HAF3</cusip>
        <identifiers>
          <isin value="US18453HAF38"/>
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        <balance>56000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58394.00000000</valUSD>
        <pctVal>0.132899415066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMUNITY HEALTH SYSTEMS INC</name>
        <lei>549300BQWM4WENQ3YW73</lei>
        <title>CYH 10.875 01/15/32 144A</title>
        <cusip>12543DBN9</cusip>
        <identifiers>
          <isin value="US12543DBN93"/>
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        <balance>118000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127291.56000000</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>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.87500000</annualizedRt>
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      <invstOrSec>
        <name>TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP</name>
        <lei>N/A</lei>
        <title>TEP 6 12/31/30 144A</title>
        <cusip>87470LAJ0</cusip>
        <identifiers>
          <isin value="US87470LAJ08"/>
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        <balance>46000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46452.32000000</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>2030-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALUMET SPECIALTY PRODUCTS PARTNERS LP/CALUMET FINANCE CORP</name>
        <lei>N/A</lei>
        <title>CLMT 9.75 02/15/31 144A</title>
        <cusip>131477BA8</cusip>
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          <isin value="US131477BA87"/>
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        <balance>41000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43437.49000000</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>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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        <name>WASTE PRO USA INC</name>
        <lei>549300BY1QXU5BI3UF28</lei>
        <title>WASPRO 7 02/01/33 144A</title>
        <cusip>94107JAC7</cusip>
        <identifiers>
          <isin value="US94107JAC71"/>
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        <balance>59000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60460.66000000</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>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>PENNYMAC FINANCIAL SERVICES INC</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PFSI 6.875 02/15/33 144A</title>
        <cusip>70932MAF4</cusip>
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          <isin value="US70932MAF41"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58339.82000000</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>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>BAUSCH HEALTH COMPANIES INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BHCCN 11 09/30/28 144A</title>
        <cusip>071734AQ0</cusip>
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          <isin value="US071734AQ04"/>
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        <balance>54000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56410.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORTRESS INTERMEDIATE 3 INC</name>
        <lei>254900NLAZ3JQJW5JP75</lei>
        <title>PSDO 7.5 06/01/31 144A</title>
        <cusip>34966MAA0</cusip>
        <identifiers>
          <isin value="US34966MAA09"/>
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        <balance>51000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51619.40000000</valUSD>
        <pctVal>0.117481043704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FAIR ISAAC CORP</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>FAIRIC 6.25 09/15/34 144A</title>
        <cusip>303250AJ3</cusip>
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          <isin value="US303250AJ38"/>
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        <balance>72000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71485.18000000</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>2034-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNYMAC FINANCIAL SERVICES INC</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PFSI 6.75 02/15/34 144A</title>
        <cusip>70932MAH0</cusip>
        <identifiers>
          <isin value="US70932MAH07"/>
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        <balance>52000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49893.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</name>
        <lei>N/A</lei>
        <title>CHTR 4.25 01/15/34 144A</title>
        <cusip>1248EPCP6</cusip>
        <identifiers>
          <isin value="US1248EPCP61"/>
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        <balance>113000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94502.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIBANK NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>FIBCOP 7.721 06/04/38 144A</title>
        <cusip>683879AH3</cusip>
        <identifiers>
          <isin value="US683879AH36"/>
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        <balance>36000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36485.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.72100000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP</name>
        <lei>N/A</lei>
        <title>IEP 9.75 01/15/29</title>
        <cusip>451102CF2</cusip>
        <identifiers>
          <isin value="US451102CF29"/>
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        <balance>54000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53620.14000000</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>9.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CRESCENT ENERGY FINANCE LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>CRGYFN 7.875 04/15/32 144A</title>
        <cusip>516806AK2</cusip>
        <identifiers>
          <isin value="US516806AK23"/>
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        <balance>73000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74862.45000000</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>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CRESCENT ENERGY FINANCE LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>CRGYFN 8.375 01/15/34 144A</title>
        <cusip>45344LAG8</cusip>
        <identifiers>
          <isin value="US45344LAG86"/>
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        <balance>41000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43029.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RHP HOTEL PROPERTIES LP / RHP FINANCE CORP</name>
        <lei>N/A</lei>
        <title>RHP 6.5 04/01/32 144A</title>
        <cusip>749571AK1</cusip>
        <identifiers>
          <isin value="US749571AK15"/>
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        <balance>73000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74890.26000000</valUSD>
        <pctVal>0.170443397406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECT HOLDING II LLC</name>
        <lei>254900LCX7S2QHYUOI31</lei>
        <title>BSPEED 10.5 04/03/31 144A</title>
        <cusip>20753PAD3</cusip>
        <identifiers>
          <isin value="US20753PAD33"/>
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        <balance>154000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>156895.51000000</valUSD>
        <pctVal>0.357079862752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</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>ZIGGO BOND COMPANY BV</name>
        <lei>213800JYI4P7V5QDOG59</lei>
        <title>ZIGGO 5.125 02/28/30 144a</title>
        <cusip>98953GAD7</cusip>
        <identifiers>
          <isin value="US98953GAD79"/>
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        <balance>36000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31448.88000000</valUSD>
        <pctVal>0.071574780910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLEVELAND-CLIFFS INC</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLF 6.875 11/01/29 144A</title>
        <cusip>185899AQ4</cusip>
        <identifiers>
          <isin value="US185899AQ45"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56281.72000000</valUSD>
        <pctVal>0.128092058549</pctVal>
        <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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP</name>
        <lei>N/A</lei>
        <title>APU 9.5 06/01/30 144A</title>
        <cusip>030981AP9</cusip>
        <identifiers>
          <isin value="US030981AP92"/>
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        <balance>29000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31204.09000000</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>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>BUILDERS FIRSTSOURCE INC</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>BLDR 6.375 03/01/34 144A</title>
        <cusip>12008RAS6</cusip>
        <identifiers>
          <isin value="US12008RAS67"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90035.74000000</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>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>GENESIS ENERGY LP / GENESIS ENERGY FINANCE CORP</name>
        <lei>N/A</lei>
        <title>GEL 6.75 03/15/34</title>
        <cusip>37185LAS1</cusip>
        <identifiers>
          <isin value="US37185LAS16"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55239.15000000</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>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>ONEMAIN FINANCE CORP</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OMF 6.75 09/15/33</title>
        <cusip>682691AN0</cusip>
        <identifiers>
          <isin value="US682691AN02"/>
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        <balance>63000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61807.35000000</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>2033-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP</name>
        <lei>N/A</lei>
        <title>MPW 4.625 08/01/29</title>
        <cusip>55342UAJ3</cusip>
        <identifiers>
          <isin value="US55342UAJ34"/>
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        <balance>66000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54014.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <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>GENESIS ENERGY LP / GENESIS ENERGY FINANCE CORP</name>
        <lei>N/A</lei>
        <title>GEL 8 05/15/33</title>
        <cusip>37185LAR3</cusip>
        <identifiers>
          <isin value="US37185LAR33"/>
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        <balance>56000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58773.01000000</valUSD>
        <pctVal>0.133762007238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <name>ALTICE FINANCING SA</name>
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        <name>COMSTOCK RESOURCES INC</name>
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        <name>AAG FH UK LTD / GLOBAL AUTO HOLDINGS UK LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALTICE FRANCE HOLDING SA</name>
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        <invCountry>LU</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>TALLGRASS ENERGY PARTNERS LP</name>
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        <name>TALEN ENERGY SUPPLY LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KOSMOS ENERGY LTD</name>
        <lei>213800YDFJ3OT9B5P157</lei>
        <title>KOS 7.5 03/01/28 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>OLYMPUS WATER US HOLDING CORP</name>
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        <name>SOTHEBY'S</name>
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        <name>VIASAT INC</name>
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        <name>CHS/COMMUNITY HEALTH SYSTEMS INC</name>
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        <title>CYH 5.25 05/15/30 144A</title>
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        <name>HERTZ CORP (THE)</name>
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        <name>ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FINANCE CORP</name>
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        <name>DISH DBS CORP</name>
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        <name>CLEVELAND-CLIFFS INC</name>
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        <name>DOMTAR CORP</name>
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        <name>CLYDESDALE ACQUISITION HOLDINGS INC</name>
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        <name>DISCOVERY GLOBAL HOLDINGS INC</name>
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        <name>BURFORD CAPITAL GLOBAL FINANCE LLC</name>
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        <name>GEO GROUP INC (THE)</name>
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        <name>VMED O2 UK FINANCING I PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SCIH SALT HOLDINGS INC</name>
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        <name>CHS/COMMUNITY HEALTH SYSTEMS INC</name>
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        <name>HILCORP ENERGY I LP / HILCORP FINANCE CO</name>
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        <name>COMSTOCK RESOURCES INC</name>
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        <name>ALASKA AIRLINES INC</name>
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        <name>GENESIS ENERGY LP / GENESIS ENERGY FINANCE CORP</name>
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        <name>AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP</name>
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        <name>CELANESE US HOLDINGS LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CE 7.375 02/15/34</title>
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        <name>SEASPAN CORP</name>
        <lei>5493007Z8Q1H45KT7W98</lei>
        <title>SSW 5.5 08/01/29 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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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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        <name>CHEMOURS COMPANY (THE)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>SELECT MEDICAL CORP</name>
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          <isin value="US816196AV14"/>
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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>2032-12-01</maturityDt>
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        <name>DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC</name>
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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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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>RADIOLOGY PARTNERS INC</name>
        <lei>549300SFTAG2177WUZ08</lei>
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          <isin value="US75041VAE48"/>
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        <curCd>USD</curCd>
        <valUSD>63627.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNITI GROUP LP / UNITI GROUP FINANCE 2019 INC / CSL CAP LLC</name>
        <lei>N/A</lei>
        <title>UNIT 6 01/15/30 144A</title>
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          <isin value="US91327AAB89"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48622.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>HAWAIIAN ELECTRIC COMPANY INC</name>
        <lei>549300PQE8D806LWQV52</lei>
        <title>HE 6 10/01/33 144A</title>
        <cusip>419866AV0</cusip>
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          <isin value="US419866AV08"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24827.09000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>AMERICAN AXLE &amp; MANUFACTURING INC</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
        <title>AXL 6.375 10/15/32 144A</title>
        <cusip>02406PBC3</cusip>
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          <isin value="US02406PBC32"/>
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        <balance>61000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61266.14000000</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>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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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>23000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23861.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NEWELL BRANDS INC</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NWL 6.625 09/15/29</title>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25038.48000000</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>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CATURUS ENERGY LLC</name>
        <lei>254900LM244SIFQ1QY31</lei>
        <title>KTGLLC 7.125 05/15/31 144A</title>
        <cusip>149482AA9</cusip>
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          <isin value="US149482AA91"/>
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        <balance>40000.00000000</balance>
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        <valUSD>40000.17000000</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>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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        <name>HLF FINANCING SARL LLC / HERBALIFE INTERNATIONAL INC</name>
        <lei>N/A</lei>
        <title>HLF 4.875 06/01/29 144A</title>
        <cusip>40390DAC9</cusip>
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          <isin value="US40390DAC92"/>
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        <balance>41000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>VEDANTA RESOURCES FINANCE II PLC</name>
        <lei>8945002DGA3BBXO3N634</lei>
        <title>VEDLN 9.125 10/15/32 144A</title>
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          <isin value="US92243XAN12"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>MAGNERA CORP</name>
        <lei>549300LDQLQBT38QDY28</lei>
        <title>MAGN 7.25 11/15/31 144A</title>
        <cusip>55939AAA5</cusip>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>MINERAL RESOURCES LTD</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>MINAU 7 04/01/31 144A</title>
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        <invCountry>AU</invCountry>
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        <name>ADT SECURITY CORP (THE)</name>
        <lei>5493009JEEDYLVRA0J13</lei>
        <title>ADT 5.875 10/15/33 144A</title>
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        <balance>69000.00000000</balance>
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        <valUSD>67480.49000000</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>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NOVA SECURITISATION SARL</name>
        <lei>636700QG9R13IDZO4Y16</lei>
        <title>SBSPAB 6.5 02/03/36 144A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TALOS PRODUCTION INC</name>
        <lei>549300GZ2DZZE2Y8TX15</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CONSOLIDATED ENERGY FINANCE SA</name>
        <lei>549300PUNIS0USNSL750</lei>
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        <cusip>20914UAF3</cusip>
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        <balance>41000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39940.97000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ALTICE FRANCE SAS</name>
        <lei>5493001ZMCICV4N02J21</lei>
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        <curCd>USD</curCd>
        <valUSD>113055.04000000</valUSD>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>SERVICE PROPERTIES TRUST</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>SVC 4.375 02/15/30</title>
        <cusip>44106MAY8</cusip>
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          <isin value="US44106MAY84"/>
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        <balance>31000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27966.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>SINCLAIR TELEVISION GROUP INC</name>
        <lei>549300CQGEN0CH65UD62</lei>
        <title>SBGI 9.75 02/15/33 144A</title>
        <cusip>829259BG4</cusip>
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          <isin value="US829259BG43"/>
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        <balance>31000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34836.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ACCENDRA HEALTH INC</name>
        <lei>549300LMT5KQQXCEZ733</lei>
        <title>ACH 6.625 04/01/30 144A</title>
        <cusip>690732AG7</cusip>
        <identifiers>
          <isin value="US690732AG70"/>
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        <balance>38000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22963.91000000</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>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AAG FH UK LTD / GLOBAL AUTO HOLDINGS UK LTD</name>
        <lei>984500ADEF1BB0584352</lei>
        <title>GLOBAU 8.75 01/15/32 144A</title>
        <cusip>00033GAB1</cusip>
        <identifiers>
          <isin value="US00033GAB14"/>
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        <balance>41000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38525.97000000</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>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>COOPER-STANDARD AUTOMOTIVE INC</name>
        <lei>ITCH5B3Q4RTX2PH9UN62</lei>
        <title>CPS 9.25 03/01/31 144A</title>
        <cusip>216762AK0</cusip>
        <identifiers>
          <isin value="US216762AK06"/>
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        <balance>76000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76912.76000000</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>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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      <invstOrSec>
        <name>SUNOCO LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUN 5.875 03/15/34 144A</title>
        <cusip>86765KAG4</cusip>
        <identifiers>
          <isin value="US86765KAG40"/>
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        <balance>64000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63656.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP</name>
        <lei>N/A</lei>
        <title>IEP 4.375 02/01/29</title>
        <cusip>451102CC9</cusip>
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          <isin value="US451102CC97"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38990.82000000</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>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>FS KKR CAPITAL CORP</name>
        <lei>549300TYRSI1T21B1360</lei>
        <title>FSK 6.125 01/15/30</title>
        <cusip>302635AP2</cusip>
        <identifiers>
          <isin value="US302635AP20"/>
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        <balance>64000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62676.08000000</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>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>BLUE RACER MIDSTREAM LLC</name>
        <lei>N/A</lei>
        <title>BLURAC 7.25 07/15/32 144A</title>
        <cusip>095796AK4</cusip>
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          <isin value="US095796AK46"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36507.00000000</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>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>KEHE DISTRIBUTORS LLC / KEHE FINANCE CORP</name>
        <lei>N/A</lei>
        <title>KEHEFO 7.125 04/30/33 144A</title>
        <cusip>487930AA7</cusip>
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          <isin value="US487930AA77"/>
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        <balance>34000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34490.04000000</valUSD>
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          <maturityDt>2033-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PARK RIVER HOLDINGS INC</name>
        <lei>254900PGY077KWCROT75</lei>
        <title>PRIMBP 8 03/15/31 144A</title>
        <cusip>70082LAC1</cusip>
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          <isin value="US70082LAC19"/>
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        <balance>70000.00000000</balance>
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        <name>UNITI GROUP LP / UNITI GROUP FINANCE 2019 INC / CSL CAP LLC</name>
        <lei>N/A</lei>
        <title>UNIT 8.625 06/15/32 Feb</title>
        <cusip>91327CAA6</cusip>
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          <isin value="US91327CAA62"/>
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        <balance>69000.00000000</balance>
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        <name>GOODYEAR TIRE &amp; RUBBER COMPANY</name>
        <lei>5493002BI0S2ZQUY3437</lei>
        <title>GT 5.25 04/30/31</title>
        <cusip>382550BJ9</cusip>
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        <balance>24000.00000000</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>2031-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GLOBAL PARTNERS LP / GLP FINANCE CORP</name>
        <lei>N/A</lei>
        <title>GLP 8.25 01/15/32 144A</title>
        <cusip>37954FAK0</cusip>
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          <isin value="US37954FAK03"/>
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        <balance>21000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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        <name>WBI OPERATIONS LLC</name>
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        <name>CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC</name>
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        <name>VENTURE GLOBAL CALCASIEU PASS LLC</name>
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        <name>TEAM HEALTH HOLDINGS INC</name>
        <lei>549300PVTQ4UDTTMQT11</lei>
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        <name>CHEMOURS COMPANY (THE)</name>
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        <title>CC 7.875 03/15/34 144A</title>
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        <name>CLOUD SOFTWARE GROUP INC</name>
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        <name>PARK RIVER HOLDINGS INC</name>
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        <name>STENA INTERNATIONAL SA</name>
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        <name>STUDIO CITY FINANCE LTD</name>
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        <name>DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES</name>
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        <name>SABRE FINANCIAL BORROWER LLC</name>
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        <name>ACCENDRA HEALTH INC</name>
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        <name>ALTICE FRANCE SAS</name>
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        <name>SINCLAIR TELEVISION GROUP INC</name>
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        <name>HLF FINANCING SARL LLC / HERBALIFE INTERNATIONAL INC</name>
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        <name>UNITI SERVICES LLC / WINDSTREAM FINANCE CORP</name>
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        <name>ALTICE FRANCE SAS</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CENTURY COMMUNITIES INC</name>
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        <curCd>USD</curCd>
        <valUSD>28779.13000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-15</maturityDt>
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        <name>MOLINA HEALTHCARE INC</name>
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        <balance>61000.00000000</balance>
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        <valUSD>61932.85000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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      <invstOrSec>
        <name>XPLR INFRASTRUCTURE OPERATING PARTNERS LP</name>
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        <cusip>98379YAA0</cusip>
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          <isin value="US98379YAA01"/>
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        <curCd>USD</curCd>
        <valUSD>54945.07000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARC FALCON I INC</name>
        <lei>N/A</lei>
        <title>NEWARC 9.75 03/01/33 144A</title>
        <cusip>03881HAA8</cusip>
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          <isin value="US03881HAA86"/>
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        <balance>79000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76434.48000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>STENA INTERNATIONAL SA</name>
        <lei>213800A4LTGG4W55QP46</lei>
        <title>STENA 7.625 02/15/31 144A</title>
        <cusip>85858EAE3</cusip>
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          <isin value="US85858EAE32"/>
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        <balance>32000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32666.34000000</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>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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        <name>XEROX CORP</name>
        <lei>4KF48RN45X1OO8UBLY20</lei>
        <title>XRX 10.25 10/15/30 144A</title>
        <cusip>984121CS0</cusip>
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          <isin value="US984121CS05"/>
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        <balance>24000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21129.64000000</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>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.25000000</annualizedRt>
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        <name>ORGANON &amp; COMPANY</name>
        <lei>549300AMCKY57OK2CO56</lei>
        <title>OGN 6.75 05/15/34 144A</title>
        <cusip>68622FAA9</cusip>
        <identifiers>
          <isin value="US68622FAA93"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37380.67000000</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>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>KAISER ALUMINUM CORP</name>
        <lei>N/A</lei>
        <title>KALU 5.875 03/01/34 144A</title>
        <cusip>483007AM2</cusip>
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          <isin value="US483007AM21"/>
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        <balance>36000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35874.19000000</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>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>HUDSON PACIFIC PROPERTIES LP</name>
        <lei>5493007NTUGLGZ8T3526</lei>
        <title>HPP 3.95 11/01/27</title>
        <cusip>44409MAA4</cusip>
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        <balance>31000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30223.81000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
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        <name>SIRIUS XM RADIO LLC</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>SIRI 4.125 07/01/30 144A</title>
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        <curCd>USD</curCd>
        <valUSD>98101.46000000</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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>RITHM CAPITAL CORP</name>
        <lei>549300WNTHGEO5LP2G31</lei>
        <title>RITM 8 04/01/29 144A</title>
        <cusip>64828TAB8</cusip>
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        <balance>51000.00000000</balance>
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        <valUSD>51172.07000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CVR ENERGY INC</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVI 7.5 02/15/31 144A</title>
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        <name>SABLE INTERNATIONAL FINANCE LTD</name>
        <lei>2138009IE9A35LO5JS73</lei>
        <title>CWCLN 7.125 10/15/32 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <name>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</name>
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        <title>CHTR 4.75 03/01/30 144A</title>
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        <name>HILCORP ENERGY I LP / HILCORP FINANCE CO</name>
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        <title>HILCRP 6 02/01/31 144A</title>
        <cusip>431318AV6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>HOWARD HUGHES CORP (THE)</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>HHH 6.125 03/01/34 144A</title>
        <cusip>44267DAH0</cusip>
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        <balance>34000.00000000</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>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MARRIOTT OWNERSHIP RESORTS INC</name>
        <lei>BW4532OH033VURR0IT68</lei>
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        <balance>40000.00000000</balance>
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        <valUSD>39279.31000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>AVIS BUDGET CAR RENT LLC / AVIS BUDGET FINANCE INC</name>
        <lei>N/A</lei>
        <title>CAR 8 02/15/31 144A</title>
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          <isin value="US053773BH95"/>
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        <balance>63000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63490.46000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <name>RITHM CAPITAL CORP</name>
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          <isin value="US64828TAD46"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29983.84000000</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>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <name>ASURION LLC / ASURION CO-ISSUER INC</name>
        <lei>N/A</lei>
        <title>ASUCOR 8.375 02/01/34 144A</title>
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          <isin value="US045941AB79"/>
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        <balance>237000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>231807.72000000</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>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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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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          <isin value="US650929AE20"/>
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        <balance>1950.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1618.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2029-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PRA GROUP INC</name>
        <lei>549300Q5HW3JSSB86K27</lei>
        <title>PRAA 8.875 01/31/30 144A</title>
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          <isin value="US69354NAF33"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41154.52000000</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>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NEWELL BRANDS INC</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NWL 8.5 06/01/28 144A</title>
        <cusip>651229BG0</cusip>
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          <isin value="US651229BG06"/>
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        <balance>88000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91935.54000000</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>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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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>
        <cusip>57779EAA6</cusip>
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          <isin value="US57779EAA64"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.50000000</annualizedRt>
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        <name>ACADIA HEALTHCARE COMPANY INC</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>ACHC 5 04/15/29 144A</title>
        <cusip>00404AAP4</cusip>
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          <isin value="US00404AAP49"/>
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        <balance>37000.00000000</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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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>KRONOS ACQUISITION HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>KIKCN 10.75 06/30/32 144A</title>
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          <isin value="US50106GAJ13"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-30</maturityDt>
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        <name>GREAT CANADIAN GAMING CORP</name>
        <lei>549300FU60SSFLTE0M84</lei>
        <title>GCCN 8.75 11/15/29 144A</title>
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          <isin value="US389925AA64"/>
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        <name>DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC</name>
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        <title>DTV 8.875 02/01/30 144A</title>
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        <name>PRIME HEALTHCARE SERVICES INC</name>
        <lei>N/A</lei>
        <title>PRIHEA 9.375 09/01/29 144A</title>
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          <isin value="US74165HAC25"/>
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        <name>VEDANTA RESOURCES FINANCE II PLC</name>
        <lei>8945002DGA3BBXO3N634</lei>
        <title>VEDLN 11.25 12/03/31 144A</title>
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          <isin value="US92243XAK72"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-03</maturityDt>
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        <name>1261229 B.C. LTD</name>
        <lei>N/A</lei>
        <title>BHCCN 10 04/15/32 144A</title>
        <cusip>68288AAA5</cusip>
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          <isin value="US68288AAA51"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENFRAGEN ENERGIA SUR SA / ENFRAGEN CHILE SPA / ENFRAGEN SPAIN SA</name>
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        <curCd>USD</curCd>
        <valUSD>45091.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GLOBAL MEDICAL RESPONSE INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRANDYWINE OPERATING PARTNERSHIP LP</name>
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        <curCd>USD</curCd>
        <valUSD>40109.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-12</maturityDt>
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      <invstOrSec>
        <name>MOHEGAN ESCROW ISSUER LLC</name>
        <lei>N/A</lei>
        <title>MOHEGN 11.875 04/15/31 144A</title>
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          <isin value="US60832QAB68"/>
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        <balance>48000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52181.42000000</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>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.87500000</annualizedRt>
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      <invstOrSec>
        <name>BAUSCH HEALTH COMPANIES INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BHCCN 5 01/30/28 144A</title>
        <cusip>071734AH0</cusip>
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          <isin value="US071734AH05"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25299.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-30</maturityDt>
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        <name>ALPHA GENERATION LLC</name>
        <lei>254900K5V62L4YGVKF49</lei>
        <title>ALPGEN 6.25 01/15/34 144A</title>
        <cusip>02073LAC5</cusip>
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          <isin value="US02073LAC54"/>
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        <balance>69000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68449.08000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SUNOCO LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUN 6.625 08/15/32 144A</title>
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          <isin value="US86765KAL35"/>
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        <balance>34000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34737.29000000</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>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>HARVEST MIDSTREAM I LP</name>
        <lei>549300DW5M17KJOXCY66</lei>
        <title>HARMID 7.5 05/15/32 144A</title>
        <cusip>417558AB9</cusip>
        <identifiers>
          <isin value="US417558AB90"/>
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        <balance>54000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56136.24000000</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>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>RITHM CAPITAL CORP</name>
        <lei>549300WNTHGEO5LP2G31</lei>
        <title>RITM 8 07/15/30 144A</title>
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        <balance>40000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITI GROUP LP / UNITI GROUP FINANCE 2019 INC / CSL CAP LLC</name>
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        <title>UNIT 6.5 02/15/29 144A</title>
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        <balance>83000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>CORNERSTONE BUILDING BRANDS INC</name>
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        <title>CNR 9.5 08/15/29 144A</title>
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      <invstOrSec>
        <name>CRC INSURANCE GROUP LLC</name>
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          <isin value="US69867RAA59"/>
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        <name>FORVIA SE</name>
        <lei>969500F0VMZLK2IULV85</lei>
        <title>EOFP 6.75 09/15/33 144A</title>
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        <invCountry>FR</invCountry>
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        <name>PBF HOLDING COMPANY LLC / PBF FINANCE CORP</name>
        <lei>N/A</lei>
        <title>PBFENE 7.875 09/15/30 144A</title>
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          <isin value="US69318FAL22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSCHLD 4.625 12/01/30 144a</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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        <name>ALTICE FINANCING SA</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>ALTICE 5 01/15/28 144A</title>
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        <balance>83000.00000000</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>2028-01-15</maturityDt>
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      <invstOrSec>
        <name>MOTION FINCO SARL</name>
        <lei>2549002L1LBQZKA7UN30</lei>
        <title>MERLLN 8.375 02/15/32 144A</title>
        <cusip>61980LAB5</cusip>
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        <name>IHS HOLDING LTD (NEW)</name>
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        <name>U.S. ACUTE CARE SOLUTIONS LLC</name>
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        <name>ASURION LLC / ASURION CO-ISSUER INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PENN ENTERTAINMENT INC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-01</maturityDt>
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        <name>MPH ACQUISITION HOLDINGS LLC</name>
        <lei>5493002WXOPRPTXWTU06</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>WAYFAIR LLC</name>
        <lei>549300CTUWTZGOXMYI40</lei>
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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>NEPTUNE BIDCO US INC</name>
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        <name>NAVIENT CORP</name>
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        <name>NORDSTROM INC</name>
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        <title>JWN 4.375 04/01/30</title>
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        <name>VIRGIN MEDIA SECURED FINANCE PLC</name>
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        <name>SMYRNA READY MIX CONCRETE LLC</name>
        <lei>549300S7RFWHQFOIOY93</lei>
        <title>SMYREA 6 11/01/28 144A</title>
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        <name>SCOTTS MIRACLE-GRO COMPANY (THE)</name>
        <lei>2TH9E0JTOUXOEGI2R879</lei>
        <title>SMG 4 04/01/31</title>
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        <name>HOWDEN UK REFINANCE 2 PLC</name>
        <lei>875500O63ODR8S3K5X33</lei>
        <title>HWDGRP 8.125 02/15/32 144A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>GOODYEAR TIRE &amp; RUBBER COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HILTON GRAND VACATIONS BORROWER ESCROW LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CONTOURGLOBAL POWER HOLDINGS SA</name>
        <lei>549300O5AGIFK0PQ1516</lei>
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        <invCountry>LU</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-28</maturityDt>
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        <name>ARCHROCK SERVICES LP / ARCHROCK PARTNERS FINANCE CORP</name>
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        <title>AROC 6 02/01/34 144A</title>
        <cusip>03958CAA7</cusip>
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          <isin value="US03958CAA71"/>
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        <balance>62000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-01</maturityDt>
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        <name>SNAP INC</name>
        <lei>549300JNC0L6VP8A2Q35</lei>
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        <cusip>83304AAL0</cusip>
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        <balance>104000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <name>PBF HOLDING COMPANY LLC / PBF FINANCE CORP</name>
        <lei>N/A</lei>
        <title>PBFENE 9.875 03/15/30 144A</title>
        <cusip>69318FAM0</cusip>
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          <isin value="US69318FAM05"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</maturityDt>
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        <name>NORTHERN OIL &amp; GAS INC</name>
        <lei>OKFF0PIZDDMNH4UCYE51</lei>
        <title>NOG 8.75 06/15/31 144A</title>
        <cusip>665530AB7</cusip>
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        <balance>39000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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        <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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        <balance>51000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
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          <annualizedRt>8.25000000</annualizedRt>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>POST 6.25 10/15/34 144A</title>
        <cusip>737446AX2</cusip>
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        <balance>41000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-15</maturityDt>
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        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG 6.25 11/01/34 144A</title>
        <cusip>629377CX8</cusip>
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        <balance>90000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>RHP HOTEL PROPERTIES LP / RHP FINANCE CORP</name>
        <lei>N/A</lei>
        <title>RHP 6.5 06/15/33 144A</title>
        <cusip>749571AL9</cusip>
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        <balance>44000.00000000</balance>
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        <name>IHS HOLDING LTD (NEW)</name>
        <lei>213800CLGMKL63VKTD94</lei>
        <title>IHS 7.875 05/29/30 144A</title>
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        <invCountry>KY</invCountry>

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        <name>R.R. DONNELLEY &amp; SONS COMPANY</name>
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        <title>RRD 9.5 08/01/29 144A</title>
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        <name>STUDIO CITY FINANCE LTD</name>
        <lei>254900D6R731QAUIG324</lei>
        <title>STCITY 5 01/15/29 144A</title>
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        <name>XEROX HOLDINGS CORP</name>
        <lei>5493000Y33XDVO2CXC18</lei>
        <title>XRX 8.875 11/30/29 144A</title>
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        <name>JETBLUE AIRWAYS CORP / JETBLUE LOYALTY LP</name>
        <lei>N/A</lei>
        <title>JBLU 9.875 09/20/31 144A</title>
        <cusip>476920AA1</cusip>
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        <name>AVIS BUDGET CAR RENT LLC / AVIS BUDGET FINANCE INC</name>
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      <invstOrSec>
        <name>COGENT COMMUNICATIONS GROUP LLC</name>
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        <balance>32000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEWELL BRANDS INC</name>
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        <balance>62000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60371.78000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-15</maturityDt>
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        <name>CSC HOLDINGS LLC</name>
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        <cusip>126307BB2</cusip>
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          <isin value="US126307BB25"/>
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        <curCd>USD</curCd>
        <valUSD>43383.23000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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      <invstOrSec>
        <name>OAK-EAGLE ACQUIRECO INC</name>
        <lei>6488ICS9P20290MA1H31</lei>
        <title>EA 8.75 07/01/34 144A</title>
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          <isin value="US67124CAB90"/>
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        <balance>168000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>177642.19000000</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>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>ION PLATFORM FINANCE US INC / ION PLATFORM FINANCE SARL</name>
        <lei>N/A</lei>
        <title>IONPLA 5.75 05/15/28 144A</title>
        <cusip>46206AAA0</cusip>
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          <isin value="US46206AAA07"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33491.83000000</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>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC</name>
        <lei>N/A</lei>
        <title>DTV 10 02/15/31 144A</title>
        <cusip>25461LAD4</cusip>
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          <isin value="US25461LAD47"/>
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        <balance>154000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161258.02000000</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>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>BLACKSTONE MORTGAGE TRUST INC</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>BXMT 6.25 06/01/31 144A</title>
        <cusip>09257WAG5</cusip>
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          <isin value="US09257WAG50"/>
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        <balance>31000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30512.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <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>101000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106380.98000000</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>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ALPHA GENERATION LLC</name>
        <lei>254900K5V62L4YGVKF49</lei>
        <title>ALPGEN 6.75 10/15/32 144A</title>
        <cusip>02073LAA9</cusip>
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        <balance>58000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59389.74000000</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>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <name>KRONOS ACQUISITION HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>KIKCN 8.25 06/30/31 144A</title>
        <cusip>50106GAG7</cusip>
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          <isin value="US50106GAG73"/>
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        <balance>38000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27217.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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        <name>SNAP INC</name>
        <lei>549300JNC0L6VP8A2Q35</lei>
        <title>SNAP 6.875 03/15/34 144A</title>
        <cusip>83304AAM8</cusip>
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        <balance>42000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>XEROX HOLDINGS CORP</name>
        <lei>5493000Y33XDVO2CXC18</lei>
        <title>XRX 5.5 08/15/28 144A</title>
        <cusip>98421MAB2</cusip>
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        <balance>41000.00000000</balance>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>RHP HOTEL PROPERTIES LP / RHP FINANCE CORP</name>
        <lei>N/A</lei>
        <title>RHP 5.75 03/15/34 144A</title>
        <cusip>74984CAA6</cusip>
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        <name>ACRISURE LLC / ACRISURE FINANCE INC</name>
        <lei>N/A</lei>
        <title>ACRISU 8.5 06/15/29 144A</title>
        <cusip>00489LAM5</cusip>
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        <name>TRAVEL PLUS LEISURE COMPANY</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>TNL 6.125 09/01/33 144A</title>
        <cusip>894164AC6</cusip>
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        <balance>37000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>ALLIANT HOLDINGS INTERMEDIATE LLC / ALLIANT HOLDINGS CO-ISSUER INC</name>
        <lei>N/A</lei>
        <title>ALIANT 7.375 10/01/32 144A</title>
        <cusip>01883LAH6</cusip>
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          <isin value="US01883LAH69"/>
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        <curCd>USD</curCd>
        <valUSD>59768.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>BAUSCH HEALTH COMPANIES INC</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TENNECO LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SERVICE PROPERTIES TRUST</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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        <name>Sunoco LP</name>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34581.18000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-15</maturityDt>
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        <name>PBF HOLDING COMPANY LLC / PBF FINANCE CORP</name>
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        <title>PBFENE 6 02/15/28</title>
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          <isin value="US69318FAJ75"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>FERRELLGAS FINANCE CORP</name>
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        <title>FGP 9.25 01/15/31 144A</title>
        <cusip>315292AU6</cusip>
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          <isin value="US315292AU60"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47502.27000000</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>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>R.R. DONNELLEY &amp; SONS COMPANY</name>
        <lei>SU4X0P4WWRGOQDTSV032</lei>
        <title>RRD 10.875 08/01/29 144A</title>
        <cusip>257867BK6</cusip>
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        <balance>32000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33091.17000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CONSOLIDATED ENERGY FINANCE SA</name>
        <lei>549300PUNIS0USNSL750</lei>
        <title>CONSEN 12 02/15/31 144A</title>
        <cusip>20914UAH9</cusip>
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          <isin value="US20914UAH95"/>
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        <balance>44000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46310.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

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          <couponKind>Fixed</couponKind>
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        <name>QUIKRETE HOLDINGS INC</name>
        <lei>5493007KIN86DIZWZT22</lei>
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        <name>BREAD FINANCIAL HOLDINGS INC</name>
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        <title>BFH 6.75 05/15/31 144A</title>
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        <name>IHS HOLDING LTD (NEW)</name>
        <lei>213800CLGMKL63VKTD94</lei>
        <title>IHS 6.25 11/29/28 144A</title>
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        <invCountry>KY</invCountry>

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        <name>DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FINANCE CORP</name>
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        <title>DKL 6.875 06/01/34 144A</title>
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        <name>SIRIUS XM RADIO LLC</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <name>RAVEN ACQUISITION HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>RCM 6.875 11/15/31 144A</title>
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          <isin value="US75420NAA19"/>
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        <name>WAYFAIR LLC</name>
        <lei>549300CTUWTZGOXMYI40</lei>
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        <name>NEWELL BRANDS INC</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NWL 6.375 05/15/30</title>
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        <name>MINERAL RESOURCES LTD</name>
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        <name>NOVA SECURITISATION SARL</name>
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        <name>BAUSCH HEALTH COMPANIES INC</name>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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        <valUSD>40248.85000000</valUSD>
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        <name>TRAVEL PLUS LEISURE COMPANY</name>
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        <title>TNL 6.25 06/01/31 144A</title>
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          <maturityDt>2031-06-01</maturityDt>
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        <name>NISSAN MOTOR ACCEPTANCE COMPANY LLC</name>
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        <title>NSANY 6.125 09/30/30 144A</title>
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        <name>ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP</name>
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        <name>CINEMARK USA INC</name>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>POST 6.375 03/01/33 144A</title>
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        <name>GRAY MEDIA INC</name>
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        <title>GTN 5.375 11/15/31 144A</title>
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        <name>GOEASY LTD</name>
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        <name>CATURUS ENERGY LLC</name>
        <lei>254900LM244SIFQ1QY31</lei>
        <title>Caturus Energy LLC</title>
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        <name>LCPR SENIOR SECURED FINANCING DAC</name>
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        <name>ION PLATFORM FINANCE US INC</name>
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        <name>STATION CASINOS LLC</name>
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        <name>FS KKR CAPITAL CORP</name>
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        <name>TRONOX INC</name>
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        <name>INEOS FINANCE PLC</name>
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        <name>GRAY MEDIA INC</name>
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        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="38908.01714400"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENERGIZER HOLDINGS INC</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>ENR 4.375 03/31/29 144A</title>
        <cusip>29272WAD1</cusip>
        <identifiers>
          <isin value="US29272WAD11"/>
        </identifiers>
        <balance>62000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59730.51000000</valUSD>
        <pctVal>0.135941189859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CYPRIUM CORP / CYPRIUM HOLDINGS LUXEMBOURG SARL</name>
        <lei>N/A</lei>
        <title>VGNT 6.125 04/15/31 144A</title>
        <cusip>23292NAA6</cusip>
        <identifiers>
          <isin value="US23292NAA63"/>
        </identifiers>
        <balance>36000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36102.39000000</valUSD>
        <pctVal>0.082165744999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</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>SAAVI ENERGIA SARL</name>
        <lei>254900A2V0IO8K56UH35</lei>
        <title>SAAVIE 8.875 02/10/35 144A</title>
        <cusip>78518PAA3</cusip>
        <identifiers>
          <isin value="US78518PAA30"/>
        </identifiers>
        <balance>76000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82621.88000000</valUSD>
        <pctVal>0.188039858952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.87500000</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>TRIVIUM PACKAGING FINANCE BV</name>
        <lei>724500GMZWW3PVYET548</lei>
        <title>TRIVIU 12.25 01/15/31 144A</title>
        <cusip>89686QAC0</cusip>
        <identifiers>
          <isin value="US89686QAC06"/>
        </identifiers>
        <balance>43000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47478.36000000</valUSD>
        <pctVal>0.108056414568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.25000000</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>BRAND INDUSTRIAL SERVICES INC</name>
        <lei>549300B658W2BPDQMW42</lei>
        <title>BRANDI 10.375 08/01/30 144A</title>
        <cusip>104931AA8</cusip>
        <identifiers>
          <isin value="US104931AA85"/>
        </identifiers>
        <balance>99000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87620.73000000</valUSD>
        <pctVal>0.199416785366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITI GROUP LP / UNITI GROUP FINANCE 2019 INC / CSL CAP LLC</name>
        <lei>N/A</lei>
        <title>UNIT 8.625 06/15/32 144A</title>
        <cusip>91327TAC5</cusip>
        <identifiers>
          <isin value="US91327TAC53"/>
        </identifiers>
        <balance>43000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45119.51000000</valUSD>
        <pctVal>0.102687887233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</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>GOLAR LNG LTD</name>
        <lei>213800C2VSFZG3EZLO34</lei>
        <title>GLNG 7.5 10/02/30 144A</title>
        <cusip>38046YAE1</cusip>
        <identifiers>
          <isin value="US38046YAE14"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35807.17000000</valUSD>
        <pctVal>0.081493851220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GARDA WORLD SECURITY CORP</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>GWCN 8.25 08/01/32 144A</title>
        <cusip>36485MAN9</cusip>
        <identifiers>
          <isin value="US36485MAN92"/>
        </identifiers>
        <balance>41000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42083.67000000</valUSD>
        <pctVal>0.095778592438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</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>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</name>
        <lei>N/A</lei>
        <title>CHTR 5.375 06/01/29 144A</title>
        <cusip>1248EPCB7</cusip>
        <identifiers>
          <isin value="US1248EPCB75"/>
        </identifiers>
        <balance>73000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71701.13000000</valUSD>
        <pctVal>0.163185228561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>2026-07-28</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>
  <documents>XXXX</documents>
</edgarSubmission>
