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        <name>Quikrete Holdings Inc</name>
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        <name>JB POINDEXTER &amp; CO INC</name>
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          <maturityDt>2031-12-15</maturityDt>
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      <invstOrSec>
        <name>WYNN RESORTS FINANCE LLC</name>
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          <maturityDt>2029-10-01</maturityDt>
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      <invstOrSec>
        <name>CIVITAS RESOURCES INC</name>
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        <balance>600000.00000000</balance>
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          <maturityDt>2033-06-15</maturityDt>
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      <invstOrSec>
        <name>CARNIVAL CORP</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GFL ENVIRONMENTAL INC</name>
        <lei>549300FYK4MBXWIVZU26</lei>
        <title>GFL Environmental Inc</title>
        <cusip>36168QAQ7</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>SABLE INTL FINANCE LTD</name>
        <lei>2138009IE9A35LO5JS73</lei>
        <title>Sable International Finance Ltd</title>
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        <curCd>USD</curCd>
        <valUSD>449743.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-15</maturityDt>
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        <name>DIGICEL INTL FIN LTD</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <name>TRANSOCEAN INC</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>Transocean Inc</title>
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        <curCd>USD</curCd>
        <valUSD>85355.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <name>BEAZER HOMES USA</name>
        <lei>549300DUPYT2T0F60I45</lei>
        <title>Beazer Homes USA Inc</title>
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        <name>BAUSCH HEALTH COS INC</name>
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        <invCountry>CA</invCountry>

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        <name>HILTON DOMESTIC OPERATIN</name>
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        <title>Hilton Domestic Operating Co Inc</title>
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        <name>JACOBS ENTERTAINMENT INC</name>
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        <title>Jacobs Entertainment Inc</title>
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        <name>CARVANA CO</name>
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        <title>Carvana Co</title>
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        <name>Hilcorp Energy I LP</name>
        <lei>549300ITPIHLG0LHEC09</lei>
        <title>HILCORP ENERGY I LP</title>
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        <name>PENNYMAC FIN SVCS INC</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>WRANGLER HOLDCO CORP</name>
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        <issuerCat>CORP</issuerCat>
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        <name>FIRST QUANTUM MINERALS L</name>
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        <title>First Quantum Minerals Ltd</title>
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        <invCountry>CA</invCountry>

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        <name>GFL Environmental Services Inc</name>
        <lei>254900PGDQWC19PRP053</lei>
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        <name>GGAM FINANCE LTD</name>
        <lei>254900X2QXEN0FVXRF65</lei>
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        <invCountry>KY</invCountry>

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        <name>FRONTIER COMMUNICATIONS</name>
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        <name>PENNYMAC FIN SVCS INC</name>
        <lei>549300W1D516HBDEU871</lei>
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        <name>ARSENAL AIC PARENT LLC</name>
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        <title>Arsenal AIC Parent LLC</title>
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        <name>ONEMAIN FINANCE CORP</name>
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        <title>OneMain Finance Corp</title>
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        <name>UNITI GROUP/CSL CAPITAL</name>
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        <name>HOWARD HUGHES CORP</name>
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        <title>Howard Hughes Corp/The</title>
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        <name>UNIVISION COMMUNICATIONS</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications Inc</title>
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      <invstOrSec>
        <name>FIVE POINT OP CO LP/FIVE</name>
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      <invstOrSec>
        <name>BAYTEX ENERGY CORP</name>
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        <title>Baytex Energy Corp</title>
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        <curCd>USD</curCd>
        <valUSD>48290.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>ADTALEM GLOBAL EDUCATION</name>
        <lei>549300Z467EZLMODV621</lei>
        <title>Adtalem Global Education Inc</title>
        <cusip>00737WAA7</cusip>
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          <isin value="US00737WAA71"/>
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        <balance>409000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Great Outdoors Group LLC</name>
        <lei>549300IYLDI2E8I2AU46</lei>
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        <cusip>07014QAP6</cusip>
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          <isin value="US07014QAP63"/>
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        <balance>164947.07500000</balance>
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        <curCd>USD</curCd>
        <valUSD>164864.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-23</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GFL ENVIRONMENTAL INC</name>
        <lei>549300FYK4MBXWIVZU26</lei>
        <title>GFL Environmental Inc</title>
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          <isin value="US36168QAP90"/>
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        <balance>950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>918137.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>GOEASY LTD</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>goeasy Ltd</title>
        <cusip>380355AN7</cusip>
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          <isin value="US380355AN75"/>
          <other otherDesc="SEDOL" value="BM9YJC1"/>
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        <balance>565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>574441.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GGAM FINANCE LTD</name>
        <lei>254900X2QXEN0FVXRF65</lei>
        <title>GGAM Finance Ltd</title>
        <cusip>36170JAA4</cusip>
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          <isin value="US36170JAA43"/>
          <other otherDesc="SEDOL" value="BRBH8V5"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>474363.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp</title>
        <cusip>88033GAV2</cusip>
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          <isin value="US88033GAV23"/>
          <other otherDesc="SEDOL" value="2842749"/>
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        <balance>2025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2156073.74000000</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>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lumen Technologies, Inc.</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>LUMEN TECHNOLOGIES INC</title>
        <cusip>55024EAG0</cusip>
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          <other otherDesc="INTERNAL" value="BL4622694"/>
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        <balance>509971.27000000</balance>
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        <curCd>USD</curCd>
        <valUSD>506465.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CLARIOS GLOBAL LP/US FIN</name>
        <lei>N/A</lei>
        <title>Clarios Global LP / Clarios US Finance Co</title>
        <cusip>18060TAD7</cusip>
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          <isin value="US18060TAD72"/>
          <other otherDesc="SEDOL" value="BTJS1V5"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>UNIVISION COMMUNICATIONS</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARBOR REALTY SR INC</name>
        <lei>549300TW7RTL2CI3CN08</lei>
        <title>Arbor Realty SR Inc</title>
        <cusip>03881NAJ6</cusip>
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        <balance>360000.00000000</balance>
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        <valUSD>367648.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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        <name>ILIAD HOLDING SAS</name>
        <lei>9695009PXA7OI9NXN582</lei>
        <title>Iliad Holding SASU</title>
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          <other otherDesc="SEDOL" value="BS88GQ9"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>614250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2032-04-15</maturityDt>
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        <name>TALLGRASS NRG PRTNR/FIN</name>
        <lei>N/A</lei>
        <title>Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>LINDBLAD EXPEDITIONS HO</name>
        <lei>549300GSPW24GZE6R597</lei>
        <title>Lindblad Expeditions Holdings Inc</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>HILCORP ENERGY I/HILCORP</name>
        <lei>N/A</lei>
        <title>Hilcorp Energy I LP / Hilcorp Finance Co</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>MATTAMY GROUP CORP</name>
        <lei>5493008TNY7A82WCXU31</lei>
        <title>Mattamy Group Corp</title>
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      <invstOrSec>
        <name>ARDAGH PKG FIN/HLDGS USA</name>
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      <invstOrSec>
        <name>PGIM AAA CLO ETF</name>
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          <isin value="US69344A8348"/>
          <ticker value="PAAA"/>
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        <name>OLYMPUS WTR US HLDG CORP</name>
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        <title>Olympus Water US Holding Corp</title>
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        <name>CABLEVISION LIGHTPATH</name>
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        <title>Cablevision Lightpath LLC</title>
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          <isin value="US12687GAB59"/>
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        <curCd>USD</curCd>
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        <name>NEWELL BRANDS INC</name>
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        <name>FORD MOTOR CREDIT CO LLC</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>MGM RESORTS INTL</name>
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        <name>JEFFERIES FIN LLC / JFIN</name>
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      <invstOrSec>
        <name>TRINITY INDUSTRIES INC</name>
        <lei>R1JB4KXN77XFCXOQKV49</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-07-15</maturityDt>
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      <invstOrSec>
        <name>CALPINE CORP</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
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        <balance>2874000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2859948.80000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-03-15</maturityDt>
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      <invstOrSec>
        <name>SK INVICTUS INTERMEDIATE</name>
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        <title>SK Invictus Intermediate II Sarl</title>
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          <isin value="US29977LAA98"/>
          <other otherDesc="SEDOL" value="BMCGDR7"/>
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        <curCd>USD</curCd>
        <valUSD>481659.75000000</valUSD>
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        <invCountry>LU</invCountry>

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      <invstOrSec>
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        <lei>549300FZ5ZTCCJ3Z5W14</lei>
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          <isin value="US703343AD59"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>HOWARD MIDSTREAM ENERGY</name>
        <lei>N/A</lei>
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          <isin value="US442722AB08"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GENON HLDGS CLASS A</name>
        <lei>N/A</lei>
        <title>GENON HLDGS CLASS A</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal" value="B8A66QXU2"/>
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        <balance>9187.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>275610.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GRAY MEDIA INC</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>Gray Media Inc</title>
        <cusip>389286AA3</cusip>
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          <isin value="US389286AA34"/>
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        <curCd>USD</curCd>
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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>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STARWOOD PROPERTY TRUST</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust Inc</title>
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          <isin value="US85571BBB09"/>
          <other otherDesc="SEDOL" value="BRPT6L3"/>
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        <balance>740000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2029-04-01</maturityDt>
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        <name>VITAL ENERGY INC</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>Vital Energy Inc</title>
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          <isin value="US516806AJ59"/>
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      <invstOrSec>
        <name>ALLIED UNIVERSAL HOLDCO</name>
        <lei>N/A</lei>
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        <balance>465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>450901.20000000</valUSD>
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        <invCountry>N/A</invCountry>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>TOPBUILD CORP</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>TopBuild Corp</title>
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        <balance>285000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-03-15</maturityDt>
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        <name>PARKLAND CORP</name>
        <lei>549300UY5C6HUV0XLS53</lei>
        <title>Parkland Corp</title>
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        <invCountry>CA</invCountry>
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        <name>DISH DBS CORP</name>
        <lei>N/A</lei>
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        <name>HUDBAY MINERALS INC</name>
        <lei>894500LX3TMESP27BE29</lei>
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        <name>SM ENERGY CO</name>
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        <title>SM Energy Co</title>
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        <name>Graftech Global Enterprises Inc</name>
        <lei>N/A</lei>
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        <name>CLARIV SCI HLD CORP</name>
        <lei>N/A</lei>
        <title>Clarivate Science Holdings Corp</title>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <name>WYNN MACAU LTD</name>
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        <name>POST HOLDINGS INC</name>
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        <name>BOMBARDIER INC</name>
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        <name>Asurion LLC</name>
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        <name>VOYAGER PARENT LLC</name>
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        <invCountry>CA</invCountry>
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        <name>TENET HEALTHCARE CORP</name>
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        <name>ADAPTHEALTH LLC</name>
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        <name>GRIFFON CORPORATION</name>
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        <name>AMSTED INDUSTRIES</name>
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        <name>iHeartCommunications Inc</name>
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        <name>INTERNATIONAL PARK HLDGS BV</name>
        <lei>N/A</lei>
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        <name>WEX INC</name>
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      <invstOrSec>
        <name>EG GLOBAL FINANCE PLC</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>ARDAGH PKG FIN/HLDGS USA</name>
        <lei>N/A</lei>
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          <isin value="XS2189356996"/>
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        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2026-08-15</maturityDt>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
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        <title>Citigroup Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
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        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>Altice France SA</title>
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          <isin value="US02156LAC54"/>
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        <curCd>USD</curCd>
        <valUSD>177750.00000000</valUSD>
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        <invCountry>FR</invCountry>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Venator Materials LLC</name>
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        <title>VNTR PIK-TERM B 1L USD</title>
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          <isin value="XAL9632YAE94"/>
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        <balance>536249.12000000</balance>
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        <curCd>USD</curCd>
        <valUSD>509436.66000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <maturityDt>2026-07-16</maturityDt>
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        <name>B&amp;G FOODS INC</name>
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        <title>B&amp;G Foods Inc</title>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2395271.06000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-09-15</maturityDt>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-02-01</maturityDt>
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        <name>ASHTON WOODS USA/FINANCE</name>
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        <invCountry>US</invCountry>
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        <name>UWM HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>UWM Holdings LLC</title>
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        <name>VZ SECURED FINANCING BV</name>
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        <title>VZ Secured Financing BV</title>
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        <name>DAVITA INC</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita Inc</title>
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        <name>RHP HOTEL PPTY/RHP FINAN</name>
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        <name>PARKLAND CORP</name>
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        <title>Parkland Corp</title>
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        <invCountry>CA</invCountry>
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        <name>NOVELIS CORP</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>Novelis Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2031-08-15</maturityDt>
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      <invstOrSec>
        <name>HERC HOLDINGS INC</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc</title>
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          <isin value="US42704LAG95"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>476652.58000000</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>2033-06-15</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>STARWOOD PROPERTY TRUST</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust Inc</title>
        <cusip>85571BBC8</cusip>
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          <isin value="US85571BBC81"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252526.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STARWOOD PROPERTY TRUST</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust Inc</title>
        <cusip>85571BBE4</cusip>
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          <isin value="US85571BBE48"/>
          <other otherDesc="SEDOL" value="BS9GFG5"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308618.00000000</valUSD>
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        <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>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STARWOOD PROPERTY TRUST</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust Inc</title>
        <cusip>85571BAY1</cusip>
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          <isin value="US85571BAY11"/>
          <other otherDesc="SEDOL" value="BP2CW35"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>196729.45000000</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>2027-01-15</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>OWENS-BROCKWAY</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
        <title>Owens-Brockway Glass Container Inc</title>
        <cusip>69073TAU7</cusip>
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          <isin value="US69073TAU79"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85942.03000000</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>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QXO BUILDING PRODUCTS</name>
        <lei>549300HDXQWWCBOYXP31</lei>
        <title>QXO Building Products Inc</title>
        <cusip>74825NAA5</cusip>
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          <isin value="US74825NAA54"/>
          <other otherDesc="SEDOL" value="BT7HYL5"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>236937.67000000</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>2032-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ANTERO MIDSTREAM PART/FI</name>
        <lei>N/A</lei>
        <title>Antero Midstream Partners LP / Antero Midstream Finance Corp</title>
        <cusip>03690AAK2</cusip>
        <identifiers>
          <isin value="US03690AAK25"/>
          <other otherDesc="SEDOL" value="BP2SNQ3"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>174555.37000000</valUSD>
        <pctVal>0.037175559506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KEYSTONE POWER/CONEMAUGH</name>
        <lei>N/A</lei>
        <title>Keystone Power Pass-Through Holders LLC / Conemaugh Power Pass-Through Holders</title>
        <cusip>49339FAE5</cusip>
        <identifiers>
          <isin value="US49339FAE51"/>
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        <balance>150577.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121365.06000000</valUSD>
        <pctVal>0.025847466107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>13.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EDISON INTERNATIONAL</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International</title>
        <cusip>281020AX5</cusip>
        <identifiers>
          <isin value="US281020AX52"/>
          <other otherDesc="SEDOL" value="BPH14N1"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74097.19000000</valUSD>
        <pctVal>0.015780691800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ACRISURE LLC / FIN INC</name>
        <lei>N/A</lei>
        <title>Acrisure LLC / Acrisure Finance Inc</title>
        <cusip>00489LAL7</cusip>
        <identifiers>
          <isin value="US00489LAL71"/>
          <other otherDesc="SEDOL" value="BT3CPW2"/>
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        <balance>235000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>242750.65000000</valUSD>
        <pctVal>0.051699304548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROYAL CARIBBEAN CRUISES</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>Royal Caribbean Cruises Ltd</title>
        <cusip>780153BW1</cusip>
        <identifiers>
          <isin value="US780153BW11"/>
          <other otherDesc="SEDOL" value="BMZLFH3"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>639667.57000000</valUSD>
        <pctVal>0.136231843298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FREEDOM MORTGAGE CORP</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>Freedom Mortgage Corp</title>
        <cusip>35640YAL1</cusip>
        <identifiers>
          <isin value="US35640YAL11"/>
          <other otherDesc="SEDOL" value="BR53N58"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>276743.27000000</valUSD>
        <pctVal>0.058938810658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SC GAMES HOLDIN/US FINCO</name>
        <lei>N/A</lei>
        <title>Scientific Games Holdings LP/Scientific Games US FinCo Inc</title>
        <cusip>80874DAA4</cusip>
        <identifiers>
          <isin value="US80874DAA46"/>
          <other otherDesc="SEDOL" value="BNK9CD4"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>602496.72000000</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>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HILCORP ENERGY I/HILCORP</name>
        <lei>N/A</lei>
        <title>Hilcorp Energy I LP / Hilcorp Finance Co</title>
        <cusip>431318AS3</cusip>
        <identifiers>
          <isin value="US431318AS36"/>
          <other otherDesc="SEDOL" value="BG4THM5"/>
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        <balance>1323000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1328974.46000000</valUSD>
        <pctVal>0.283035515435</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>NEW FLYER HOLDINGS</name>
        <lei>N/A</lei>
        <title>New Flyer Holdings Inc</title>
        <cusip>64438WAA5</cusip>
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          <isin value="US64438WAA53"/>
          <other otherDesc="SEDOL" value="BVK6G28"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>328600.00000000</valUSD>
        <pctVal>0.069982887686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEDLINE BORROWER LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>Medline Borrower LP</title>
        <cusip>62482BAA0</cusip>
        <identifiers>
          <isin value="US62482BAA08"/>
          <other otherDesc="SEDOL" value="BMW4P42"/>
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        <balance>4125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3933772.84000000</valUSD>
        <pctVal>0.837786922840</pctVal>
        <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>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN AIRLINES/AADVAN</name>
        <lei>N/A</lei>
        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd</title>
        <cusip>00253XAB7</cusip>
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          <isin value="US00253XAB73"/>
          <other otherDesc="SEDOL" value="BM8H783"/>
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        <balance>1425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1418388.00000000</valUSD>
        <pctVal>0.302078174375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>CARNIVAL CORP</name>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>PRECISION DRILLING CORP</name>
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        <title>Precision Drilling Corp</title>
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        <balance>368000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367245.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>VIASAT INC</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>Viasat Inc</title>
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          <isin value="US92552VAR15"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PARK INTERMED HOLDINGS</name>
        <lei>N/A</lei>
        <title>Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer</title>
        <cusip>70052LAC7</cusip>
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          <isin value="US70052LAC72"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>384923.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier Inc</title>
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          <isin value="US097751BT78"/>
          <other otherDesc="SEDOL" value="BHL3S24"/>
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        <balance>243000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>243607.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</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>AVIENT CORP</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
        <title>Avient Corp</title>
        <cusip>05368VAB2</cusip>
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          <isin value="US05368VAB27"/>
          <other otherDesc="SEDOL" value="BPLPFR0"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115404.81000000</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>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>17327CAV5</cusip>
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          <isin value="US17327CAV54"/>
          <other otherDesc="SEDOL" value="BTRFRK9"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166822.94000000</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>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.95000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>MCAFEE CORP</name>
        <lei>2549009UKR8UEZYVCR93</lei>
        <title>McAfee Corp</title>
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          <isin value="US579063AB46"/>
          <other otherDesc="SEDOL" value="BNNPV76"/>
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        <balance>1580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1466390.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>WESCO DISTRIBUTION INC</name>
        <lei>549300I2CEZJG9N4AH67</lei>
        <title>WESCO Distribution Inc</title>
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          <other otherDesc="SEDOL" value="BMYMZT9"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>435984.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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          <annualizedRt>6.85000000</annualizedRt>
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      <invstOrSec>
        <name>GLOBAL PART/GLP FINANCE</name>
        <lei>N/A</lei>
        <title>Global Partners LP / GLP Finance Corp</title>
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          <isin value="US37954FAJ30"/>
          <other otherDesc="SEDOL" value="BMH9X15"/>
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        <balance>300000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>OLYMPUS WTR US HLDG CORP</name>
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        <title>Olympus Water US Holding Corp</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DIG MIDCO/DIFL US II LLC</name>
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        <title>Digicel Midco Ltd / Difl US II LLC</title>
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          <other otherDesc="SEDOL" value="BSF1TY0"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LC</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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        <name>SUNOCO LP/FINANCE CORP</name>
        <lei>N/A</lei>
        <title>Sunoco LP / Sunoco Finance Corp</title>
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          <other otherDesc="SEDOL" value="BN79VB8"/>
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        <valUSD>550887.47000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>AXON ENTERPRISE INC</name>
        <lei>549300QP2IEEGFE16681</lei>
        <title>Axon Enterprise Inc</title>
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          <other otherDesc="SEDOL" value="BR4XW30"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>VENTURE GLOBAL CALCASIEU</name>
        <lei>549300GKHS6RS20NLH85</lei>
        <title>Venture Global Calcasieu Pass LLC</title>
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        <name>MAVIS TIRE EXPRESS SERVI</name>
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        <name>UNITED AIRLINES INC</name>
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        <name>DISH NETWORK CORP</name>
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        <name>STL HOLDING CO LLC</name>
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        <name>HILTON DOMESTIC OPERATIN</name>
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        <title>Hilton Domestic Operating Co Inc</title>
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        <name>Swf Holdings I Corp.</name>
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        <name>CCO HLDGS LLC/CAP CORP</name>
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        <name>OI EUROPEAN GROUP BV</name>
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        <name>VENTURE GLOBAL PLAQUE</name>
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        <title>Venture Global Plaquemines LNG LLC</title>
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        <name>SELECT MEDICAL CORP</name>
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        <title>Select Medical Corp</title>
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        <name>CNX RESOURCES CORP</name>
        <lei>549300JK3KH8PWM3B226</lei>
        <title>CNX Resources Corp</title>
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          <maturityDt>2032-03-01</maturityDt>
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        <name>American Bath/CP Atlas Buyer Inc.</name>
        <lei>2549006ZZ07G0NDDCR36</lei>
        <title>CP ATLAS BUYER INC</title>
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          <maturityDt>2030-07-08</maturityDt>
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          <annualizedRt>9.60624000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tenneco Inc</name>
        <lei>549300U0EXXFAQFAD785</lei>
        <title>TENNECO INC</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2028-11-17</maturityDt>
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      <invstOrSec>
        <name>NISSAN MOTOR CO</name>
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        <title>Nissan Motor Co Ltd</title>
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          <isin value="US654922AD53"/>
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        <curCd>USD</curCd>
        <valUSD>315000.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAUSCH HEALTH COS INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos Inc</title>
        <cusip>071734AN7</cusip>
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          <isin value="US071734AN72"/>
          <other otherDesc="SEDOL" value="BLB14D9"/>
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        <balance>1350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1194750.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
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          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>TOUCAN FINCO LTD/CAN/US</name>
        <lei>N/A</lei>
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          <isin value="US89157UAA51"/>
          <other otherDesc="SEDOL" value="BV8CSK0"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>614034.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VISTAJET MALTA/VM HOLDS</name>
        <lei>N/A</lei>
        <title>VistaJet Malta Finance PLC / Vista Management Holding Inc</title>
        <cusip>92840JAD1</cusip>
        <identifiers>
          <isin value="US92840JAD19"/>
          <other otherDesc="SEDOL" value="BQ2GVG0"/>
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        <balance>830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>833369.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</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>PATRICK INDUSTRIES INC</name>
        <lei>549300FZ5ZTCCJ3Z5W14</lei>
        <title>Patrick Industries Inc</title>
        <cusip>703343AH6</cusip>
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          <isin value="US703343AH63"/>
          <other otherDesc="SEDOL" value="BQFN210"/>
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        <balance>380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380066.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Connect US Finco LLC</name>
        <lei>2594001KNYIQ456J2792</lei>
        <title>CONNECT FINCO SARL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAL2000DAH79"/>
          <other otherDesc="INTERNAL" value="BL4600518"/>
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        <balance>1036380.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1013709.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.85624000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAUSCH HEALTH COS INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos Inc</title>
        <cusip>071734AQ0</cusip>
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          <isin value="US071734AQ04"/>
          <other otherDesc="SEDOL" value="BNBTNV8"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154125.00000000</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>
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        <securityLending>
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      <invstOrSec>
        <name>PERMIAN RESOURC OPTG LLC</name>
        <lei>5493004CTVUMQLRPOE23</lei>
        <title>Permian Resources Operating LLC</title>
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          <isin value="US71424VAA89"/>
          <other otherDesc="SEDOL" value="BP5JP78"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>304805.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>91282CLS8</cusip>
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          <isin value="US91282CLS88"/>
          <other otherDesc="SEDOL" value="BSZ7PM8"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1199859.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>AMERICAN AIRLINES INC</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>American Airlines Inc</title>
        <cusip>023771T32</cusip>
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          <isin value="US023771T329"/>
          <other otherDesc="SEDOL" value="BMZLS41"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204017.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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        <name>MPT OPER PARTNERSP/FINL</name>
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          <other otherDesc="SEDOL" value="BTCCGD1"/>
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        <balance>175000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <name>WINDSOR HOLDINGS III LLC</name>
        <lei>254900IXUJZ9H146T437</lei>
        <title>Windsor Holdings III LLC</title>
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          <isin value="US97360AAA51"/>
          <other otherDesc="SEDOL" value="BRTZPL0"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>504304.86000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2030-06-15</maturityDt>
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          <annualizedRt>8.50000000</annualizedRt>
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        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp</title>
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        <valUSD>698843.61000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>PRA GROUP INC</name>
        <lei>549300Q5HW3JSSB86K27</lei>
        <title>PRA Group Inc</title>
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        <balance>775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>804625.89000000</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>
          <annualizedRt>8.87500000</annualizedRt>
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      <invstOrSec>
        <name>ADIENT GLOBAL HOLDINGS</name>
        <lei>213800VA38VCKE6M8790</lei>
        <title>Adient Global Holdings Ltd</title>
        <cusip>00687YAB1</cusip>
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        <curCd>USD</curCd>
        <valUSD>458937.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <name>FOUNDATION BUILDING M</name>
        <lei>549300ZVE6MONHB01I28</lei>
        <title>Foundation Building Materials Inc</title>
        <cusip>350392AA4</cusip>
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        <name>Venator Materials PLC</name>
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        <name>Ferrellgas Partners LP</name>
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        <name>Graftech Global Enterprises Inc</name>
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        <name>BAUSCH HEALTH COS INC</name>
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        <name>Carlyle Global Market Strategi</name>
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        <title>goeasy Ltd</title>
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        <name>WYNN MACAU LTD</name>
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        <name>FREEDOM MORTGAGE CORP</name>
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        <name>CHART INDUSTRIES INC</name>
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        <name>Vista Management Holding Inc.</name>
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        <name>M/I HOMES INC</name>
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        <name>CONNECT FINCO SARL/CONNE</name>
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        <name>Clue Opco LLC</name>
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        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
        <title>CoreWeave Inc</title>
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        <name>Likewize Corp.</name>
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        <name>NISSAN MOTOR CO</name>
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        <name>NCL CORPORATION LTD</name>
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        <name>VIKING OCEAN CRUISES SHI</name>
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        <name>NCR ATLEOS LLC</name>
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        <invCountry>US</invCountry>
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        <name>Radiate Holdco LLC</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-25</maturityDt>
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      <invstOrSec>
        <name>STANDARD INDUSTRI INC/NY</name>
        <lei>N/A</lei>
        <title>Standard Industries Inc/NY</title>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NATIONSTAR MTG HLD INC</name>
        <lei>N/A</lei>
        <title>Nationstar Mortgage Holdings Inc</title>
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          <couponKind>Fixed</couponKind>
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        <name>Level 3 Financing Inc</name>
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        <name>NOMURA HOLDINGS INC</name>
        <lei>549300B3CEAHYG7K8164</lei>
        <title>Nomura Holdings Inc</title>
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        <invCountry>JP</invCountry>
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        <name>VIKING CRUISES LTD</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>Viking Cruises Ltd</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <name>ClubCorp Holdings Inc</name>
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        <name>Virgin Media Bristol LLC</name>
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        <name>FORTRESS INTERMEDIATE</name>
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        <name>SERVICE CORP INTL</name>
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        <name>CCO HLDGS LLC/CAP CORP</name>
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      <invstOrSec>
        <name>Digicel International Finance Ltd</name>
        <lei>5493007V023VOEW4FK27</lei>
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      <invstOrSec>
        <name>WESCO DISTRIBUTION INC</name>
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      <invstOrSec>
        <name>DIVERSIFIED HEALTHCARE T</name>
        <lei>N/A</lei>
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          <maturityDt>2028-02-15</maturityDt>
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      <invstOrSec>
        <name>Bingo Holdings I, LLC</name>
        <lei>N/A</lei>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>450374.85000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2032-06-14</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ASCENT RESOURCES/ARU FIN</name>
        <lei>N/A</lei>
        <title>Ascent Resources Utica Holdings LLC / ARU Finance Corp</title>
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        <identifiers>
          <isin value="US04364VBA08"/>
          <other otherDesc="SEDOL" value="BRQQ0H7"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456567.91000000</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>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Xplore Inc</name>
        <lei>254900V3NB5MGOZS4O08</lei>
        <title>XPLORE INC</title>
        <cusip>000000000</cusip>
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          <isin value="XAC9875EAC30"/>
          <other otherDesc="INTERNAL" value="BL4799294"/>
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        <balance>923440.10000000</balance>
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        <curCd>USD</curCd>
        <valUSD>692580.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <maturityDt>2031-10-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.09430000</annualizedRt>
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      <invstOrSec>
        <name>BREAD FINANCIAL HLDGS</name>
        <lei>549300G8S4PO686J7H97</lei>
        <title>Bread Financial Holdings Inc</title>
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          <isin value="US018581AQ17"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335823.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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      <invstOrSec>
        <name>AMERICAN AXLE &amp; MFG INC</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
        <title>American Axle &amp; Manufacturing Inc</title>
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        <balance>206000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206255.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2027-04-01</maturityDt>
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      <invstOrSec>
        <name>ARD FINANCE SA</name>
        <lei>6354006P6QPGGPVJW880</lei>
        <title>ARD Finance SA</title>
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          <isin value="US00191AAD81"/>
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        <balance>1359952.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100296.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>TAYLOR MORRISON COMM</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>Taylor Morrison Communities Inc</title>
        <cusip>87724RAB8</cusip>
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          <isin value="US87724RAB87"/>
          <other otherDesc="SEDOL" value="BJX75H2"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>353293.09000000</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>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRIME HEALTHCARE SERVICE</name>
        <lei>N/A</lei>
        <title>Prime Healthcare Services Inc</title>
        <cusip>74165HAC2</cusip>
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          <isin value="US74165HAC25"/>
          <other otherDesc="SEDOL" value="BTCK903"/>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1117684.29000000</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>9.37500000</annualizedRt>
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        <name>BMC Software (Boxer/ Bladelogic)</name>
        <lei>5493006T045HLTF7YX04</lei>
        <title>BMC SOFTWARE INC</title>
        <cusip>05988HAQ0</cusip>
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          <other otherDesc="INTERNAL" value="BL4985299"/>
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        <balance>149625.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149554.83000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.33269000</annualizedRt>
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        <name>AMER SPORTS COMPANY</name>
        <lei>549300NRKH9WF70VFC95</lei>
        <title>Amer Sports Co</title>
        <cusip>02352NAA7</cusip>
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          <other otherDesc="SEDOL" value="BMVVF66"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <name>ARKO CORP</name>
        <lei>N/A</lei>
        <title>Arko Corp</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-11-15</maturityDt>
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      <invstOrSec>
        <name>ROCKETMTGE CO-ISSUER INC</name>
        <lei>N/A</lei>
        <title>Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc</title>
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          <isin value="US74841CAA99"/>
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        <curCd>USD</curCd>
        <valUSD>259839.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>SUNOCO LP/FINANCE CORP</name>
        <lei>N/A</lei>
        <title>Sunoco LP / Sunoco Finance Corp</title>
        <cusip>86765LAN7</cusip>
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          <isin value="US86765LAN73"/>
          <other otherDesc="SEDOL" value="BJ12BQ0"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75017.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MITEL NETWORKS INTL LT</name>
        <lei>N/A</lei>
        <title>MITEL NETWORKS INTL LT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="B8AE1JR66"/>
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        <balance>304.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3.04000000</valUSD>
        <pctVal>0.000000647437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
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      <invstOrSec>
        <name>WYNN RESORTS FINANCE LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
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      <invstOrSec>
        <name>FIRST QUANTUM MINERALS L</name>
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        <title>First Quantum Minerals Ltd</title>
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      <invstOrSec>
        <name>GLOBAL PART/GLP FINANCE</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>CAESARS ENTERTAIN INC</name>
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        <title>Caesars Entertainment Inc</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-10-15</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier Inc</title>
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          <isin value="US097751CB51"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>PENN ENTERTAINMENT INC</name>
        <lei>N/A</lei>
        <title>Penn Entertainment Inc</title>
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          <isin value="US707569AS84"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-01-15</maturityDt>
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      <invstOrSec>
        <name>HERC HOLDINGS INC</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc</title>
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        <name>Hurricane Cleanco Limited</name>
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        <name>VISTRA CORP</name>
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        <title>Vistra Corp</title>
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          <maturityDt>N/A</maturityDt>
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        <name>Doncasters US Finance LLC</name>
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        <name>CORONADO FINANCE PTY LTD</name>
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        <name>PHINIA INC</name>
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        <name>Doncasters US Finance LLC</name>
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        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy Inc</title>
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        <name>ATLAS LUXCO 4 / ALL UNI</name>
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        <name>BAUSCH HEALTH COS INC</name>
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        <name>Doncasters US Finance LLC</name>
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        <name>AMERIGAS PART/FIN CORP</name>
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        <name>Lumen Technologies, Inc.</name>
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        <title>TransDigm Inc</title>
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        <name>CALPINE CORP</name>
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        <title>Calpine Corp</title>
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      <invstOrSec>
        <name>HERTZ CORP/THE</name>
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      </invstOrSec>
      <invstOrSec>
        <name>GRAFTECH FINANCE INC</name>
        <lei>1Z010BU876CF2HDBIN43</lei>
        <title>GrafTech Finance Inc</title>
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          <isin value="US384311AC08"/>
          <other otherDesc="SEDOL" value="BR84PM9"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>GARRETT MOTION HLD/SARL</name>
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          <isin value="US366504AA61"/>
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        <balance>710000.00000000</balance>
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          <maturityDt>2032-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>MACQUARIE AIRFINANCE HLD</name>
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        <title>Macquarie Airfinance Holdings Ltd</title>
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          <isin value="US55609NAC20"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77981.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2029-03-26</maturityDt>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <valUSD>-64817.92000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
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                <issuerName>IBOXX IG INDEX</issuerName>
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      <invstOrSec>
        <name>LAMB WESTON HLD</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>Lamb Weston Holdings Inc</title>
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          <isin value="US513272AE49"/>
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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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          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GO DADDY OPCO/FINCO</name>
        <lei>N/A</lei>
        <title>Go Daddy Operating Co LLC / GD Finance Co Inc</title>
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          <isin value="US38016LAA35"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214158.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SEAGATE DATA STOR</name>
        <lei>N/A</lei>
        <title>Seagate Data Storage Technology Pte Ltd</title>
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          <isin value="US81180LAA35"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237573.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>FREEDOM MORTGAGE HOLD</name>
        <lei>254900ROJ91RGM43S156</lei>
        <title>Freedom Mortgage Holdings LLC</title>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>SUPERIOR PLUS/GEN PRTNR</name>
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        <valUSD>561125.40000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
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      <invstOrSec>
        <name>ANTERO MIDSTREAM PART/FI</name>
        <lei>N/A</lei>
        <title>Antero Midstream Partners LP / Antero Midstream Finance Corp</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-01-15</maturityDt>
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      <invstOrSec>
        <name>FRONTIER COMMUNICATIONS</name>
        <lei>N/A</lei>
        <title>Frontier Communications Holdings LLC</title>
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          <other otherDesc="SEDOL" value="BMTVRK6"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>COMSTOCK RESOURCES INC</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Resources Inc</title>
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        <assetCat>DBT</assetCat>
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        <title>GFL Environmental Inc</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

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        <name>CLEAR CHANNEL OUTDOOR HO</name>
        <lei>254900XBEE6V1ENYS150</lei>
        <title>Clear Channel Outdoor Holdings Inc</title>
        <cusip>18453HAC0</cusip>
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        <curCd>USD</curCd>
        <valUSD>141846.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TOPBUILD CORP</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>TopBuild Corp</title>
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      <invstOrSec>
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        <curCd>USD</curCd>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <maturityDt>2030-10-21</maturityDt>
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      <invstOrSec>
        <name>ANTERO MIDSTREAM PART/FI</name>
        <lei>N/A</lei>
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        <balance>250000.00000000</balance>
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          <maturityDt>2029-06-15</maturityDt>
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      <invstOrSec>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2031-05-15</maturityDt>
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        <curCd>USD</curCd>
        <valUSD>419481.53000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2031-11-15</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>UNITED WHOLESALE MTGE LL</name>
        <lei>549300HW662MN1WU8550</lei>
        <title>United Wholesale Mortgage LLC</title>
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          <isin value="US913229AC47"/>
          <other otherDesc="SEDOL" value="BMV9V95"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150096.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACRISURE LLC / FIN INC</name>
        <lei>N/A</lei>
        <title>Acrisure LLC / Acrisure Finance Inc</title>
        <cusip>00489LAH6</cusip>
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          <isin value="US00489LAH69"/>
          <other otherDesc="SEDOL" value="BMX7WS3"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>365692.03000000</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>6.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TRI POINTE HOMES INC</name>
        <lei>N/A</lei>
        <title>Tri Pointe Homes Inc</title>
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          <isin value="US87265HAG48"/>
          <other otherDesc="SEDOL" value="BMBT269"/>
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        <balance>905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>914388.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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      <invstOrSec>
        <name>OWENS-BROCKWAY</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
        <title>Owens-Brockway Glass Container Inc</title>
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        <curCd>USD</curCd>
        <valUSD>80066.63000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2027-05-13</maturityDt>
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        <name>ALTICE FINANCING SA</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>Altice Financing SA</title>
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        <balance>1275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1020382.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HERITAGE PWR LLC</name>
        <lei>N/A</lei>
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        <balance>35061.00000000</balance>
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        <valUSD>17530.50000000</valUSD>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>THE TORONTO-DOMINION BANK</name>
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        <title>GBP/USD FORWARD</title>
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          <ticker value="N/A"/>
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        <name>AMSTED INDUSTRIES</name>
        <lei>N2VLGYMEEBIU3PFSUY86</lei>
        <title>Amsted Industries Inc</title>
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        <name>STARWOOD PROPERTY TRUST</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust Inc</title>
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        <name>ORGANON &amp; CO/ORGANON FOR</name>
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        <name>STANDARD INDUSTRI INC/NY</name>
        <lei>N/A</lei>
        <title>Standard Industries Inc/NY</title>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>WHIRLPOOL CORP</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>Whirlpool Corp</title>
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        <name>GO DADDY OPCO/FINCO</name>
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        <name>CORNERSTONE CHEM CO</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>CORNERSTONE CHEM CO LLC</name>
        <lei>BL03B05TRUKQ14Y1HC46</lei>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>ACRISURE LLC / FIN INC</name>
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        <name>ALTA EQUIPMENT GROUP</name>
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        <name>BAYTEX ENERGY CORP</name>
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        <name>VIKING CRUISES LTD</name>
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        <title>Viking Cruises Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <name>KONTOOR BRANDS INC</name>
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        <title>Kontoor Brands Inc</title>
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        <invCountry>BM</invCountry>

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        <name>IRIS HOLDING INC</name>
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        <title>Iris Holding Inc</title>
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        <name>NABORS INDUSTRIES INC</name>
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        <title>Nabors Industries Inc</title>
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        <name>BAUSCH HEALTH COS INC</name>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>ASHTON WOODS USA/FINANCE</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>DAVITA INC</name>
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      <invstOrSec>
        <name>CALPINE CORP</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
        <title>Calpine Corp</title>
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          <isin value="US131347CP95"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MINERAL RESOURCES LTD</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>Mineral Resources Ltd</title>
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          <isin value="US603051AE37"/>
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        <curCd>USD</curCd>
        <valUSD>834000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HILCORP ENERGY I/HILCORP</name>
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        <title>Hilcorp Energy I LP / Hilcorp Finance Co</title>
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          <isin value="US431318AY04"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>TRANSOCEAN INC</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>Transocean Inc</title>
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          <isin value="US893830BY45"/>
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        <balance>1275000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GRAHAM PACKAGING/GPC CAP</name>
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        <title>Graham Packaging Co Inc</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>TRANSOCEAN INC</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>Transocean Inc</title>
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          <isin value="US893830BX61"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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        <name>TRIMAS CORP</name>
        <lei>75G1WUQ8QK4P5MZOYD78</lei>
        <title>TriMas Corp</title>
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        <name>Xplore Inc</name>
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        <invCountry>CA</invCountry>
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        <name>NCL CORPORATION LTD</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <name>CAESARS ENTERTAIN INC</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>XPLORE INC</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STAR LEASING CO LLC</name>
        <lei>549300WXKNX4PT3HSN71</lei>
        <title>Star Leasing Co LLC</title>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>690833.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EXPAND ENERGY CORP</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>Expand Energy Corp</title>
        <cusip>165167DG9</cusip>
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          <isin value="US165167DG90"/>
          <other otherDesc="SEDOL" value="BMCPTN2"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>230707.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <title>TRS IBOXHY INDEX</title>
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          <other otherDesc="INTERNAL" value="SWB8AE2SN85"/>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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                <issuerName>IHS MARKIT LTD</issuerName>
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      <invstOrSec>
        <name>Digicel International Finance Ltd</name>
        <lei>5493007V023VOEW4FK27</lei>
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          <isin value="XAG2761TAB08"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LC</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.80791000</annualizedRt>
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          <isPaidKind>Y</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>NAVIENT CORP</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp</title>
        <cusip>63938CAL2</cusip>
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          <isin value="US63938CAL28"/>
          <other otherDesc="SEDOL" value="BMVHFL9"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195085.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLEVELAND-CLIFFS INC</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>Cleveland-Cliffs Inc</title>
        <cusip>185899AN1</cusip>
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          <isin value="US185899AN14"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>621365.76000000</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>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLIED UNIVERSAL HOLDCO</name>
        <lei>98450038B4549046D794</lei>
        <title>Allied Universal Holdco LLC</title>
        <cusip>019576AD9</cusip>
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          <isin value="US019576AD90"/>
          <other otherDesc="SEDOL" value="BMCGQM3"/>
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        <balance>1135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1190336.52000000</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>7.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VELOCITY VEHICLE GROUP</name>
        <lei>N/A</lei>
        <title>Velocity Vehicle Group LLC</title>
        <cusip>92262TAA4</cusip>
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          <isin value="US92262TAA43"/>
          <other otherDesc="SEDOL" value="BSWYL35"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>141852.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BROOKFIELD RESID PROPERT</name>
        <lei>N/A</lei>
        <title>Brookfield Residential Properties Inc / Brookfield Residential US LLC</title>
        <cusip>11283YAG5</cusip>
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          <isin value="US11283YAG52"/>
          <other otherDesc="SEDOL" value="BMCXW59"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>556680.00000000</valUSD>
        <pctVal>0.118557741683</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kronos Acquisition Holdings Inc</name>
        <lei>N/A</lei>
        <title>KRONOS ACQUISITION HOLDINGS INC</title>
        <cusip>50106JAH9</cusip>
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          <isin value="US50106JAH95"/>
          <other otherDesc="INTERNAL" value="BL4691277"/>
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        <balance>521062.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>446377.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-08</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Battalion CLO LTD</name>
        <lei>549300WH2OE0BGHQQP83</lei>
        <title>Battalion CLO VIII Ltd</title>
        <cusip>07132ACC5</cusip>
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          <isin value="US07132ACC53"/>
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        <balance>257261.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>257518.37000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2030-07-18</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CAESARS ENTERTAIN INC</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment Inc</title>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-05-01</maturityDt>
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      <invstOrSec>
        <name>VENTURE GLOBAL LNG INC</name>
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        <title>Venture Global LNG Inc</title>
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        <invCountry>US</invCountry>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>INTELSAT EMERGENCE SA</name>
        <lei>N/A</lei>
        <title>INTELSAT EMERGENCE SA</title>
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        <balance>38819.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>ENERGIZER HOLDINGS INC</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>Energizer Holdings Inc</title>
        <cusip>29272WAD1</cusip>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260799.37000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2029-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SALLY HOLDINGS/SALLY CAP</name>
        <lei>N/A</lei>
        <title>Sally Holdings LLC / Sally Capital Inc</title>
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        <name>CRESCENT ENERGY FINANCE</name>
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        <name>BCPE ULYSSES INTERMEDIAT</name>
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        <name>OLYMPUS WTR US HLDG CORP</name>
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        <name>FORD MOTOR COMPANY</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>CSC Holdings LLC</name>
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        <assetCat>LON</assetCat>
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      <invstOrSec>
        <name>ClubCorp Holdings Inc</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>ZEGONA FINANCE PLC</name>
        <lei>254900B3KC1SS7T2TE92</lei>
        <title>Zegona Finance PLC</title>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>SHIFT4 PAYMENTS LLC/FIN</name>
        <lei>N/A</lei>
        <title>Shift4 Payments LLC / Shift4 Payments Finance Sub Inc</title>
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          <isin value="US82453AAB35"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>FRONTIER COMMUNICATIONS</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>BROOKFIELD RESID PROPERT</name>
        <lei>N/A</lei>
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          <isin value="US11283YAB65"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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      <invstOrSec>
        <name>LBM ACQUISITION LLC</name>
        <lei>549300FAEB3VWZL4NI86</lei>
        <title>LBM Acquisition LLC</title>
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        <invCountry>US</invCountry>
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        <name>Glatfelter Corporation</name>
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        <title>Freedom Mortgage Corp</title>
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        <name>CRESCENT ENERGY FINANCE</name>
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        <title>Crescent Energy Finance LLC</title>
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        <name>MACQUARIE AIRFINANCE HLD</name>
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        <title>Macquarie Airfinance Holdings Ltd</title>
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        <invCountry>GB</invCountry>
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        <name>LABL INC</name>
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        <title>LABL Inc</title>
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        <invCountry>US</invCountry>
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        <name>NCL CORPORATION LTD</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCL Corp Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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      <invstOrSec>
        <name>NEWELL BRANDS INC</name>
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        <title>Newell Brands Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DCLI BIDCO LLC</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>AZORRA FINANCE</name>
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        <title>Azorra Finance Ltd</title>
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        <name>HOWARD HUGHES CORP</name>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>PENNYMAC FIN SVCS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW GENERATION GAS - UNFUNDED</name>
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        <name>WARNERMEDIA HOLDINGS INC</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>Warnermedia Holdings Inc</title>
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        <invCountry>US</invCountry>
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        <name>ALTA MESA HLDGS/FINANC S</name>
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          <couponKind>Fixed</couponKind>
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        <name>KB HOME</name>
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        <title>KB Home</title>
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        <name>Tenneco Inc</name>
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        <name>VENTURE GLOBAL CALCASIEU</name>
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        <title>Venture Global Calcasieu Pass LLC</title>
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        <name>NEW GENERATION GAS GATHERING LLC</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>BOEING CO</name>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
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      <invstOrSec>
        <name>Clarios Global LP</name>
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      <invstOrSec>
        <name>FAIR ISAAC CORP</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
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          <isin value="US303250AG98"/>
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          <maturityDt>2033-05-15</maturityDt>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc</title>
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          <isin value="US893647BW65"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>AMWINS GROUP INC</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>AmWINS Group Inc</title>
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        <curCd>USD</curCd>
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          <maturityDt>2029-06-30</maturityDt>
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      <invstOrSec>
        <name>BOYD GAMING CORP</name>
        <lei>254900787YGRYS2A1Z35</lei>
        <title>Boyd Gaming Corp</title>
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          <isin value="US103304BV23"/>
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        <name>TEREX CORP</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>Terex Corp</title>
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          <isin value="US880779BB83"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-15</maturityDt>
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      <invstOrSec>
        <name>SINCLAIR TELEVISION GROU</name>
        <lei>549300CQGEN0CH65UD62</lei>
        <title>Sinclair Television Group Inc</title>
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          <isin value="US829259BH26"/>
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        <balance>710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>726115.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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      <invstOrSec>
        <name>MGM RESORTS INTL</name>
        <lei>54930066VBP7DZEGGJ87</lei>
        <title>MGM Resorts International</title>
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          <isin value="US552953CH22"/>
          <other otherDesc="SEDOL" value="BMXWF12"/>
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        <balance>225000.00000000</balance>
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        <valUSD>222169.82000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>TEREX CORP</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>Terex Corp</title>
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          <isin value="US880779BA01"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>536844.93000000</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>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BAUSCH HEALTH COS INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos Inc</title>
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          <other otherDesc="SEDOL" value="BKPNQ94"/>
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        <curCd>USD</curCd>
        <valUSD>396625.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

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        <name>Intelsat SA/Luxembourg</name>
        <lei>N/A</lei>
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        <name>DIAMOND FRGN/DIAMOND FIN</name>
        <lei>N/A</lei>
        <title>Diamond Foreign Asset Co / Diamond Finance LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <name>BUILDERS FIRSTSOURCE INC</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource Inc</title>
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        <name>FRONTIER COMMUNICATIONS</name>
        <lei>N/A</lei>
        <title>Frontier Communications Holdings LLC</title>
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        <issuerCat>CORP</issuerCat>
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        <name>QWEST CORP</name>
        <lei>549300R2L4N683OO1509</lei>
        <title>Qwest Corp</title>
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          <ticker value="CTL"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc</title>
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        <name>Eco Material Technologies Inc.</name>
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        <name>AECOM</name>
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      <invstOrSec>
        <name>AETHON UN/AETHIN UN FIN</name>
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          <maturityDt>2029-10-01</maturityDt>
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      <invstOrSec>
        <name>FRONTIER COMMUNICATIONS</name>
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        <balance>425000.00000000</balance>
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          <maturityDt>2027-10-15</maturityDt>
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        <name>AXON ENTERPRISE INC</name>
        <lei>549300QP2IEEGFE16681</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2030-03-15</maturityDt>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <valUSD>314541.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <name>Expand Energy Corp</name>
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        <name>MITER BRAND / MIWD BORR</name>
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        <name>CHAMPION IRON CANADA INC</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>WHIRLPOOL CORP</name>
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        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <name>MATADOR RESOURCES CO</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-04-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REWORLD HOLDING CORP</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>Reworld Holding Corp</title>
        <cusip>22303XAA3</cusip>
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          <isin value="US22303XAA37"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>953730.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARSENAL AIC PARENT LLC</name>
        <lei>N/A</lei>
        <title>Arsenal AIC Parent LLC</title>
        <cusip>04288BAC4</cusip>
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          <isin value="US04288BAC46"/>
          <other otherDesc="SEDOL" value="BSF1TK6"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500663.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NABORS INDUSTRIES LTD</name>
        <lei>N/A</lei>
        <title>Nabors Industries Ltd</title>
        <cusip>629571AB6</cusip>
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          <isin value="US629571AB69"/>
          <other otherDesc="SEDOL" value="BL3BPX4"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>625885.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LABL INC</name>
        <lei>5493004FUZN8R6Y3VB98</lei>
        <title>LABL Inc</title>
        <cusip>50168AAA8</cusip>
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          <isin value="US50168AAA88"/>
          <other otherDesc="SEDOL" value="BJQXGR4"/>
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        <balance>865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>815455.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STANDARD INDUSTRI INC/NY</name>
        <lei>N/A</lei>
        <title>Standard Industries Inc/NY</title>
        <cusip>853496AH0</cusip>
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          <isin value="US853496AH04"/>
          <other otherDesc="SEDOL" value="BMFNDV9"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>245745.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Consolidated Energy Finance SA</name>
        <lei>549300PUNIS0USNSL750</lei>
        <title>CONSOLIDATED ENERGY FIN SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAL1957LAE10"/>
          <other otherDesc="INTERNAL" value="BL4578458"/>
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        <balance>574551.15000000</balance>
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        <curCd>USD</curCd>
        <valUSD>541514.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.83269000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHURCHILL DOWNS INC</name>
        <lei>529900FODTBQC8MIS994</lei>
        <title>Churchill Downs Inc</title>
        <cusip>12511VAA6</cusip>
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          <isin value="US12511VAA61"/>
          <other otherDesc="SEDOL" value="BPP2DX9"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>474158.11000000</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>5.75000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VENTURE GLOBAL LNG INC</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>Venture Global LNG Inc</title>
        <cusip>92332YAD3</cusip>
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          <isin value="US92332YAD31"/>
          <other otherDesc="SEDOL" value="BQ99C69"/>
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        <balance>1435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1548328.91000000</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>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.87500000</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>PENNYMAC FIN SVCS INC</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services Inc</title>
        <cusip>70932MAG2</cusip>
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          <isin value="US70932MAG24"/>
          <other otherDesc="SEDOL" value="BV8CDF0"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1070121.18000000</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>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HILCORP ENERGY I/HILCORP</name>
        <lei>N/A</lei>
        <title>Hilcorp Energy I LP / Hilcorp Finance Co</title>
        <cusip>431318BE3</cusip>
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          <isin value="US431318BE31"/>
          <other otherDesc="SEDOL" value="BSCBQX1"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120272.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VT TOPCO INC</name>
        <lei>5493007T812R37X02Y38</lei>
        <title>VT Topco Inc</title>
        <cusip>91838PAA9</cusip>
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          <isin value="US91838PAA93"/>
          <other otherDesc="SEDOL" value="BPSKCT9"/>
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        <balance>150000.00000000</balance>
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        <valUSD>159701.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc</title>
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          <isin value="US893647BY22"/>
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        <balance>715000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-31</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DIGICEL INTL FIN LTD Common Equity</name>
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          <other otherDesc="INTERNAL" value="G2770C100"/>
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        <valUSD>2208432.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VENTURE GLOBAL LNG INC</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>Venture Global LNG Inc</title>
        <cusip>92332YAC5</cusip>
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          <isin value="US92332YAC57"/>
          <other otherDesc="SEDOL" value="BQ80PR5"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-02-01</maturityDt>
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          <annualizedRt>9.50000000</annualizedRt>
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        <name>GRAY MEDIA INC</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>Gray Media Inc</title>
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          <isin value="US389375AN64"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-07-15</maturityDt>
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        <name>LEVEL 3 FINANCING INC</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>Level 3 Financing Inc</title>
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        <curCd>USD</curCd>
        <valUSD>1601621.68000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GGAM FINANCE LTD</name>
        <lei>254900X2QXEN0FVXRF65</lei>
        <title>GGAM Finance Ltd</title>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>231014.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>UNITED RENTALS NORTH AM</name>
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        <name>CLUE OPCO LLC</name>
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        <name>ILIAD HOLDING SAS</name>
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      <invstOrSec>
        <name>ASHTON WOODS USA/FINANCE</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>LCM INVESTMENTS HOLDINGS</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOEASY LTD</name>
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        <title>goeasy Ltd</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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      <invstOrSec>
        <name>NRG ENERGY INC</name>
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        <title>NRG Energy Inc</title>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>ELDORADO GOLD CORP</name>
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        <title>Eldorado Gold Corp</title>
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          <isin value="US284902AF02"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>697627.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

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          <maturityDt>2029-09-01</maturityDt>
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      <invstOrSec>
        <name>PREMIER ENTERTAINMENT SU</name>
        <lei>N/A</lei>
        <title>Premier Entertainment Sub LLC / Premier Entertainment Finance Corp</title>
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        <valUSD>277964.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>KEYSTONE POWER/CONEMAUGH</name>
        <lei>N/A</lei>
        <title>Keystone Power Pass-Through Holders LLC / Conemaugh Power Pass-Through Holders</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="49328K107"/>
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        <balance>12469.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>290278.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONEMAIN FINANCE CORP</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OneMain Finance Corp</title>
        <cusip>682691AJ9</cusip>
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          <isin value="US682691AJ99"/>
          <other otherDesc="SEDOL" value="BMHDJD1"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>710015.13000000</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>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TITAN INTERNATIONAL INC</name>
        <lei>254900CXRGBE7C4B5A06</lei>
        <title>Titan International Inc</title>
        <cusip>88830MAM4</cusip>
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          <isin value="US88830MAM47"/>
          <other otherDesc="SEDOL" value="BMF0LT4"/>
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        <balance>710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>708075.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier Inc</title>
        <cusip>097751CD1</cusip>
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          <isin value="US097751CD18"/>
          <other otherDesc="SEDOL" value="BMGF6V5"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>451000.00000000</valUSD>
        <pctVal>0.096050767944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>NATIONSTAR MTG HLD INC</name>
        <lei>N/A</lei>
        <title>Nationstar Mortgage Holdings Inc</title>
        <cusip>63861CAG4</cusip>
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          <isin value="US63861CAG42"/>
          <other otherDesc="SEDOL" value="BP091B9"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>306563.50000000</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>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>VIRGIN MEDIA SECURED FIN</name>
        <lei>213800X3RLP4NOTPY579</lei>
        <title>Virgin Media Secured Finance PLC</title>
        <cusip>92769XAR6</cusip>
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          <isin value="US92769XAR61"/>
          <other otherDesc="SEDOL" value="BLB2ZD9"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185756.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>TASEKO MINES LTD</name>
        <lei>549300XKUO1JSLU7KX54</lei>
        <title>Taseko Mines Ltd</title>
        <cusip>876511AG1</cusip>
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          <other otherDesc="SEDOL" value="BMDLW07"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161781.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>AMERICAN AIRLINES/AADVAN</name>
        <lei>N/A</lei>
        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd</title>
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          <isin value="US00253XAA90"/>
          <other otherDesc="SEDOL" value="BM8H716"/>
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        <balance>262500.02000000</balance>
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        <valUSD>261187.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>DIG INTL FIN/DIFL US LLC</name>
        <lei>N/A</lei>
        <title>Digicel International Finance Ltd / Difl US LLC</title>
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          <other otherDesc="SEDOL" value="BRXCQZ8"/>
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        <invCountry>N/A</invCountry>
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          <maturityDt>2032-08-01</maturityDt>
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        <name>VISTRA CORP</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>VISTAJET MALTA/VM HOLDS</name>
        <lei>N/A</lei>
        <title>VistaJet Malta Finance PLC / Vista Management Holding Inc</title>
        <cusip>92840JAB5</cusip>
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        <curCd>USD</curCd>
        <valUSD>496125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BROOKFIELD RESID PROPERT</name>
        <lei>N/A</lei>
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        <invCountry>CA</invCountry>
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      <invstOrSec>
        <name>SHEA HOMES LP/FNDG CP</name>
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      <invstOrSec>
        <name>NAVIENT CORP</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>SENSATA TECHNOLOGIES INC</name>
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        <title>Sensata Technologies Inc</title>
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        <curCd>USD</curCd>
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          <maturityDt>2031-02-15</maturityDt>
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      <invstOrSec>
        <name>ROCKETMTGE CO-ISSUER INC</name>
        <lei>N/A</lei>
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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>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>UNITED RENTALS NORTH AM</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>United Rentals North America Inc</title>
        <cusip>911365BN3</cusip>
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          <isin value="US911365BN33"/>
          <other otherDesc="SEDOL" value="BLK7836"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>118348.14000000</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>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ALLIED UNIVERSAL</name>
        <lei>N/A</lei>
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          <isin value="US019576AC18"/>
          <other otherDesc="SEDOL" value="BMVXSG3"/>
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        <curCd>USD</curCd>
        <valUSD>462034.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>RITHM CAPITAL CORP</name>
        <lei>549300WNTHGEO5LP2G31</lei>
        <title>Rithm Capital Corp</title>
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          <other otherDesc="SEDOL" value="BVDCWZ8"/>
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        <curCd>USD</curCd>
        <valUSD>244452.05000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>CLEVELAND-CLIFFS INC</name>
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        <title>Cleveland-Cliffs Inc</title>
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        <invCountry>US</invCountry>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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        <invCountry>US</invCountry>
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          <maturityDt>N/A</maturityDt>
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        <name>ROCKIES EXPRESS PIPELINE</name>
        <lei>W2ZGZGZKY5GGNY6F3V51</lei>
        <title>Rockies Express Pipeline LLC</title>
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        <name>VISTAJET MALTA/VM HOLDS</name>
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        <title>VistaJet Malta Finance PLC / Vista Management Holding Inc</title>
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        <name>PERMIAN RESOURC OPTG LLC</name>
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        <title>Permian Resources Operating LLC</title>
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        <invCountry>US</invCountry>
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        <name>PENNYMAC FIN SVCS INC</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services Inc</title>
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        <invCountry>US</invCountry>
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        <name>SBA COMMUNICATIONS CORP</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA Communications Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>FORD MOTOR COMPANY</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co</title>
        <cusip>345370DA5</cusip>
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        <balance>538000.00000000</balance>
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        <valUSD>455908.22000000</valUSD>
        <pctVal>0.097096085683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc</title>
        <cusip>893647BV8</cusip>
        <identifiers>
          <isin value="US893647BV82"/>
          <other otherDesc="SEDOL" value="BNM6HC7"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231440.36000000</valUSD>
        <pctVal>0.049290519537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-09-25</ncom:dateSigned>
      <ncom:nameOfApplicant>PGIM High Yield Bond Fund, Inc</ncom:nameOfApplicant>
      <ncom:signature>Christian J. Kelly</ncom:signature>
      <ncom:signerName>Christian J. Kelly</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
