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          <maturityDt>2027-01-31</maturityDt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>RENT-A-CENTER 9/21 COV-LITE</name>
        <lei>N/A</lei>
        <title>RENT-A-CENTER 9/21 COV-LITE 2/17/2028</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX198205"/>
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        <curCd>USD</curCd>
        <valUSD>727455.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.00210880</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>W. R. GRACE HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>W. R. GRACE HOLDINGS LLC 9/22/2028</title>
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          <other otherDesc="All Others" value="LX196992"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.59371120</annualizedRt>
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      <invstOrSec>
        <name>AERCAP GLOBAL AVIATION TRUST</name>
        <lei>635400FBSV8LXXNRV758</lei>
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        <identifiers>
          <isin value="US00773HAA59"/>
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        <balance>790000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEL MONTE FOOD TL</name>
        <lei>N/A</lei>
        <title>DEL MONTE FOOD TL 5/16/2029</title>
        <cusip>24521TAJ5</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX202636"/>
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        <balance>350551.40000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.73593000</annualizedRt>
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      <invstOrSec>
        <name>HANESBRANDS INC.</name>
        <lei>N/A</lei>
        <title>HANESBRANDS INC. 3/8/2030</title>
        <cusip>410346AX8</cusip>
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          <other otherDesc="All Others" value="LX210929"/>
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        <balance>780125.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>781591.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.09371160</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cotiviti Hldgs Inc TL</name>
        <lei>N/A</lei>
        <title>Cotiviti Hldgs Inc TL 05/01/2031</title>
        <cusip>BL4597227</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX227235"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.59304160</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SUMMIT BEHAVIORAL 11/21 COV-LITE TL</name>
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        <title>SUMMIT BEHAVIORAL 11/21 COV-LITE TL 11/24/2028 AND SOFR 4.75</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX230493"/>
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        <balance>774150.76000000</balance>
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        <curCd>USD</curCd>
        <valUSD>777696.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-24</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ABG INTERMEDIATE HOLDINGS 2 LLC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX201335"/>
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        <curCd>USD</curCd>
        <valUSD>777377.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.07999840</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>GREYSTONE SELECT FINANCIAL LLC</name>
        <lei>N/A</lei>
        <title>GREYSTONE SELECT FINANCIAL LLC 6/16/2028</title>
        <cusip>39808KAB3</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX194682"/>
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        <curCd>USD</curCd>
        <valUSD>376415.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.54108080</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BROWN BROTHERS HARRIMAN SWEEP INTEREST</title>
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        <identifiers>
          <other otherDesc="All Others" value="BBHMM"/>
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        <balance>1099223.82000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1099223.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>DRW Holdings, LLC</name>
        <lei>N/A</lei>
        <title>DRW Holdings, LLC 6/17/2031</title>
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          <other otherDesc="All Others" value="LX236541"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Momentive Performance TL</name>
        <lei>N/A</lei>
        <title>Momentive Performance TL 3/22/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX211448"/>
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        <balance>780125.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>ACRISURE 6/24 COV-LITE TL</name>
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        <title>ACRISURE 6/24 COV-LITE TL 2/15/2027 &amp; SOFR 3.00%</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX236060"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SCHWEITZER-MAUDUIT INTERNATIONAL, INC.</name>
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          <other otherDesc="All Others" value="LX192374"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>ACRISURE 6/24 B6 COV-LITE TLB</name>
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        <title>ACRISURE 6/24 B6 COV-LITE TLB 11/6/2030</title>
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        <identifiers>
          <other otherDesc="All Others" value="LX235273"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CCO HOLDINGS, LLC</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP 144A 4.750000% 03/01/2030</title>
        <cusip>1248EPCD3</cusip>
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          <isin value="US1248EPCD32"/>
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        <curCd>USD</curCd>
        <valUSD>613248.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WIRECO WORLDGROUP INC. - 2023 REFINANCING TERM LOA</name>
        <lei>N/A</lei>
        <title>WIRECO WORLDGROUP INC. - 2023 REFINANCING TERM LOA 10/27/2028</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX221875"/>
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        <balance>667100.81000000</balance>
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        <curCd>USD</curCd>
        <valUSD>668768.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-27</maturityDt>
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          <annualizedRt>9.03200040</annualizedRt>
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        <securityLending>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GATES GLOBAL LLC</name>
        <lei>N/A</lei>
        <title>GATES GLOBAL LLC 11/16/2029</title>
        <cusip>36740UAX0</cusip>
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          <other otherDesc="All Others" value="LX209314"/>
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        <balance>778150.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>779200.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.59371040</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PETSMART LLC</name>
        <lei>N/A</lei>
        <title>PETSMART LLC 2/11/2028</title>
        <cusip>71677HAL9</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192365"/>
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        <balance>766668.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>759799.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.19370880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PREGIS TOPCO LLC</name>
        <lei>N/A</lei>
        <title>PREGIS TOPCO LLC 7/31/2026</title>
        <cusip>74045BAE7</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX195642"/>
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        <balance>192044.19000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>193004.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.45819000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ZEST ACQ CORP</name>
        <lei>N/A</lei>
        <title>ZEST ACQ CORP 02/08/2028 AND 5.00% + LIBOR</title>
        <cusip>46589UAE5</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX210749"/>
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        <balance>349675.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>350549.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.75537080</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>Neon Maple/Pivotal Pay/Nuvei Tech 7/24 TLB1</name>
        <lei>N/A</lei>
        <title>Neon Maple/Pivotal Pay/Nuvei Tech 7/24 TLB1 7/18/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX237669"/>
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        <balance>810000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>807975.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OneDigital Borrower LLC</name>
        <lei>N/A</lei>
        <title>OneDigital Borrower LLC 6/14/2031</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX235335"/>
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        <balance>810000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>805950.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.58717160</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CULLIGAN 7/21 COV-LITE</name>
        <lei>N/A</lei>
        <title>CULLIGAN 7/21 COV-LITE 7/31/2028</title>
        <cusip>00132UAG9</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX195536"/>
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        <balance>501969.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>503294.80000000</valUSD>
        <pctVal>0.509455963105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.84304000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INTERNET BRANDS</name>
        <lei>N/A</lei>
        <title>INTERNET BRANDS 5/3/2028</title>
        <cusip>45567YAN5</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX212015"/>
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        <balance>2546503.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2539883.05000000</valUSD>
        <pctVal>2.570975431125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.59370840</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>NEXUS BUYER LLC</name>
        <lei>N/A</lei>
        <title>NEXUS BUYER LLC 12/13/2028</title>
        <cusip>65343UAF9</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX221342"/>
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        <balance>997500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>997001.25000000</valUSD>
        <pctVal>1.009206198903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.84393000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TENNECO INC</name>
        <lei>N/A</lei>
        <title>TENNECO INC 11/17/2028</title>
        <cusip>88037HAP9</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX209152"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>949470.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.43457840</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>OEG BORROWER, LLC</name>
        <lei>N/A</lei>
        <title>OEG BORROWER, LLC 06/18/2029 &amp; SOFR 3.50%</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX236542"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>404242.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.83458000</annualizedRt>
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      <invstOrSec>
        <name>ENGINEERED MACHINERY</name>
        <lei>N/A</lei>
        <title>ENGINEERED MACHINERY 5/21/2029</title>
        <cusip>26658NAQ2</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX197098"/>
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        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>393025.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.59619040</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ADELA INC. TL</name>
        <lei>N/A</lei>
        <title>ADELA INC. TL 6/08/2028 &amp; SOFR 3%</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX233138"/>
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        <balance>508866.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>510459.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.34513120</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EDELMAN FINANCIAL 5/24 2ND LIEN TL</name>
        <lei>N/A</lei>
        <title>EDELMAN FINANCIAL 5/24 2ND LIEN TL 20-Oct-2028</title>
        <cusip>27943TAC3</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX233939"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>350175.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.59370920</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>FLEET US/ARGUS 2/24 TLB</name>
        <lei>N/A</lei>
        <title>FLEET US/ARGUS 2/24 TLB 01/23/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX225641"/>
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        <balance>444685.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>444685.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.33769000</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>PPM CLO LTD</name>
        <lei>N/A</lei>
        <title>PPM CLO 7 LTD PPMC 2024-7A E</title>
        <cusip>693978AA6</cusip>
        <identifiers>
          <isin value="US693978AA65"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>346117.10000000</valUSD>
        <pctVal>0.350354147366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.07141920</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIVE START TL</name>
        <lei>N/A</lei>
        <title>FIVE START TL 4/27/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX204264"/>
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        <balance>388087.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362213.71000000</valUSD>
        <pctVal>0.366647806569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.58439880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOOF HOLDINGS INC TL</name>
        <lei>N/A</lei>
        <title>WOOF HOLDINGS INC TL 12/21/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX191246"/>
        </identifiers>
        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>192562.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.63336120</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DS PARENT TL 1L B</name>
        <lei>N/A</lei>
        <title>DS PARENT TL 1L B 1/31/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX220914"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>989060.00000000</valUSD>
        <pctVal>1.001167734832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.83458160</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>OneDigital Borrower LLC</name>
        <lei>N/A</lei>
        <title>OneDigital Borrower LLC 6/13/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX235333"/>
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        <balance>383796.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>382168.70000000</valUSD>
        <pctVal>0.386847078744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.59371120</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VICTORIA'S SECRET &amp; CO.</name>
        <lei>N/A</lei>
        <title>VICTORIA'S SECRET &amp; CO. 8/2/2028</title>
        <cusip>92639MAB3</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX195986"/>
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        <balance>384088.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>384088.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.84909880</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VERITEXT 3/24 TLB (VT TOPCO)</name>
        <lei>N/A</lei>
        <title>VERITEXT 3/24 TLB (VT TOPCO) 08/09/2030 AND SOFR + 3.50</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX228603"/>
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        <balance>497503.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501025.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.84370960</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BWAY 4/24 TLB</name>
        <lei>N/A</lei>
        <title>BWAY 4/24 TLB 4/15/2027 &amp; SOFY 350 BPS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX229201"/>
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        <balance>280866.83000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281686.96000000</valUSD>
        <pctVal>0.285135275590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.83716840</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DXP ENTERPRISE INC TL</name>
        <lei>N/A</lei>
        <title>DXP ENTERPRISE INC TL 10/6/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX217367"/>
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        <balance>784075.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>788779.45000000</valUSD>
        <pctVal>0.798435418719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.16384040</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IMPERIAL BAG &amp; PAPER/IMPERIAL DADE 1/24 TL</name>
        <lei>N/A</lei>
        <title>IMPERIAL BAG &amp; PAPER/IMPERIAL DADE 1/24 TL 12/11/2028 AND 0.50 SOFR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX224934"/>
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        <balance>2058542.08000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2061897.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.34371000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PROOFPOINT, INC.</name>
        <lei>N/A</lei>
        <title>PROOFPOINT, INC. 8/31/2028</title>
        <cusip>74345HAG6</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX233467"/>
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        <balance>773413.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>775525.05000000</valUSD>
        <pctVal>0.785018762880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.34370920</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENSEMBLE RCM, LLC</name>
        <lei>N/A</lei>
        <title>ENSEMBLE RCM, LLC 8/1/2029</title>
        <cusip>29359BAE1</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX224988"/>
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        <balance>377.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>378.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.25211080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THE CHEMOURS COMPANY</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>CHEMOURS CO/THE 144A 4.625000% 11/15/2029</title>
        <cusip>163851AH1</cusip>
        <identifiers>
          <isin value="US163851AH15"/>
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        <balance>1185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1037917.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHARIOT BUYER LLC</name>
        <lei>N/A</lei>
        <title>CHARIOT BUYER LLC 11/3/2028</title>
        <cusip>15963CAC0</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX199295"/>
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        <balance>778030.30000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>776303.07000000</valUSD>
        <pctVal>0.785806307135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.69393160</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARSENAL WGH/WCG 6/24 TL</name>
        <lei>N/A</lei>
        <title>ARSENAL WGH/WCG 6/24 TL 01/08/2027 &amp; SOFR 350</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX235213"/>
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        <balance>638459.29000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>639104.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.84370960</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHARLOTTE BUYER, INC.</name>
        <lei>N/A</lei>
        <title>CHARLOTTE BUYER, INC. 2/11/2028</title>
        <cusip>12568YAD6</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX206518"/>
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        <balance>781090.11000000</balance>
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        <curCd>USD</curCd>
        <valUSD>784831.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.07637120</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEDRISK 4/21 COV-LITE TLB</name>
        <lei>N/A</lei>
        <title>MEDRISK 4/21 COV-LITE TLB 4/1/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX193138"/>
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        <balance>1173176.77000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1173833.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.19370880</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>POTTERS INDUSTRIES 4/24 T</name>
        <lei>N/A</lei>
        <title>POTTERS INDUSTRIES 4/24 T 12/14/2027 AND SOFR + 3.75</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX229094"/>
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        <balance>1146846.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1152225.22000000</valUSD>
        <pctVal>1.166330367747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.08457840</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>EMERALD EXPOSITIONS HOLDING, INC.</name>
        <lei>N/A</lei>
        <title>EMERALD EXPOSITIONS HOLDING, INC. 5/22/2024</title>
        <cusip>29088UAF4</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX164099"/>
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        <balance>391050.00000000</balance>
        <units>PA</units>
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        <name>The Chefs' Warehouse 8/22 TL</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ILFC E-CAPITAL TRUST I</name>
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        <name>TK ELEVATOR MIDCO GMBH</name>
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        <name>Fiserv 2/20 Cov-Lite</name>
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        <name>Koppers 3/24 TLB</name>
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        <name>PETCO HEALTH AND WELLNESS COMPANY, INC.</name>
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        <name>ILFC E-CAPITAL TRUST II</name>
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        <name>Ardagh Metal Packaging Finance Public Limited Company</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Forefront Dermatology 3/22 TLB</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OSAIC HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Aspire Bakeries 12/23 TL</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BURFORD CAPITAL GLOBAL FINANCE LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AADVANTAGE LOYALITY IP LTD.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CSC HOLDINGS, LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CROWN SUBSEA COMMUNICATIONS HOLDING, INC.</name>
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          <other otherDesc="All Others" value="LX225304"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>PACTIVE EVERGREEM</name>
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        <title>PACTIVE EVERGREEM 09/24/2028 &amp; SOFR + 5.00</title>
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          <other otherDesc="All Others" value="LX233540"/>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>LIFEPOINT HEALTH, INC.</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX228123"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GRAHAM PACKAGING COMPANY INC.</name>
        <lei>549300YS0ZFT826HIK72</lei>
        <title>GRAHAM PACKAGING CO INC 144A 7.125000% 08/15/2028</title>
        <cusip>384701AA6</cusip>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FOREFRONT DERMATOLOGY 12/23 INCREMENTAL TLB</name>
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        <title>FOREFRONT DERMATOLOGY 12/23 INCREMENTAL TLB 03/30/2029 &amp; SOFR 5.50%</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GLOBAL IID PARENT LLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>KATAYMA CLO LTD</name>
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        <title>KATAYMA CLO II LTD KTAMA 2024-2A E</title>
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          <isin value="US485861AA66"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>RUSSELL INVESTMENTS US INSTITUTIONAL HOLDCO, INC.</name>
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        <title>RUSSELL INVESTMENTS US INSTITUTIONAL HOLDCO, INC. 5/30/2027</title>
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          <other otherDesc="All Others" value="LX228243"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ENGINEERED MACHINERY HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>ENGINEERED MACHINERY HOLDINGS, INC. 5/19/2028</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FILTRATION GROUP CORP TL 1L 0% 10/19/2028</name>
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        <title>FILTRATION GROUP CORP TL 1L 0% 10/19/2028 10/31/2028</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX212727"/>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASURION LLC</name>
        <lei>N/A</lei>
        <title>ASURION LLC 1/20/2029</title>
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          <other otherDesc="All Others" value="LX196395"/>
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        <balance>790000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>723711.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-20</maturityDt>
          <couponKind>Floating</couponKind>
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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>
      <invstOrSec>
        <name>LABL, INC.</name>
        <lei>N/A</lei>
        <title>LABL, INC. 10/29/2028</title>
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          <other otherDesc="All Others" value="LX199389"/>
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        <curCd>USD</curCd>
        <valUSD>745035.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.44712080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FILTRATION GROUP 10/21 INCREMENTAL TL</name>
        <lei>N/A</lei>
        <title>FILTRATION GROUP 10/21 INCREMENTAL TL 10/19/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX199347"/>
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        <balance>845591.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>849937.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.95818960</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TMS INTERNATIONAL CORP.</name>
        <lei>N/A</lei>
        <title>TMS INTERNATIONAL CORP/DE 144A 6.250000% 04/15/2029</title>
        <cusip>87261QAC7</cusip>
        <identifiers>
          <isin value="US87261QAC78"/>
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        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106755.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>SHARP SERVICES, LLC</name>
        <lei>N/A</lei>
        <title>SHARP SERVICES, LLC 12/31/2028</title>
        <cusip>81989LAE8</cusip>
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          <other otherDesc="All Others" value="LX228554"/>
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        <balance>772215.38000000</balance>
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        <curCd>USD</curCd>
        <valUSD>776076.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.08457840</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THE CHEMOURS COMPANY</name>
        <lei>N/A</lei>
        <title>THE CHEMOURS COMPANY 8/18/2028</title>
        <cusip>16384YAJ6</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX214553"/>
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        <balance>1488750.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1485653.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.84370960</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>KUEHG 4/24 TLB</name>
        <lei>N/A</lei>
        <title>KUEHG 4/24 TLB 06/12/2030 AND SOFR 4.50</title>
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        <identifiers>
          <other otherDesc="All Others" value="LX229795"/>
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        <balance>196512.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197424.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.83458080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAGNITE INC.</name>
        <lei>N/A</lei>
        <title>MAGNITE INC. 2/6/2031</title>
        <cusip>55955NAE8</cusip>
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          <other otherDesc="All Others" value="LX225650"/>
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        <balance>1620937.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1629042.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.84371040</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STAR PARENT INC</name>
        <lei>N/A</lei>
        <title>STAR PARENT INC 9/27/2030</title>
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        <identifiers>
          <other otherDesc="All Others" value="LX216614"/>
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        <curCd>USD</curCd>
        <valUSD>499258.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.08457840</annualizedRt>
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      <invstOrSec>
        <name>AEGION 1/24 TL</name>
        <lei>N/A</lei>
        <title>AEGION 1/24 TL 05/11/2028 AND 0.75 SOFR</title>
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        <identifiers>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.59393160</annualizedRt>
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      <invstOrSec>
        <name>EMPOWER CLO LTD</name>
        <lei>N/A</lei>
        <title>EMPOWER CLO 2023-2 LTD EMPWR 2023-2A D</title>
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        <identifiers>
          <isin value="US29247BAL18"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>ALLIANCE LAUNDRY SYSTEMS LLC</name>
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          <other otherDesc="All Others" value="LX190032"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>AQGEN ISLAND HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>AQGEN ISLAND HOLDINGS, INC. 8/2/2028</title>
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          <other otherDesc="All Others" value="LX194867"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>TMS/TUBE CITY 1/24 COV-LITE</name>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-02</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>ADIENT US LLC</name>
        <lei>N/A</lei>
        <title>ADIENT US LLC 1/31/2031</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>8.09371080</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>MSP LAW FIRM PLLC</name>
        <lei>N/A</lei>
        <title>MSP LAW FIRM PLLC 4/9/2025</title>
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          <other otherDesc="All Others" value="99AAK0593"/>
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        <curCd>USD</curCd>
        <valUSD>511735.90000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WOOF HOLDINGS LLC TL</name>
        <lei>N/A</lei>
        <title>WOOF HOLDINGS LLC TL 12/21/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX191244"/>
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        <balance>382579.95000000</balance>
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        <curCd>USD</curCd>
        <valUSD>290760.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>9.34619040</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KKR APPLE BIDCO, LLC</name>
        <lei>N/A</lei>
        <title>KKR APPLE BIDCO, LLC 9/22/2028</title>
        <cusip>48254EAF8</cusip>
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          <other otherDesc="All Others" value="LX206380"/>
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        <balance>779169.62000000</balance>
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        <curCd>USD</curCd>
        <valUSD>780634.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.84370960</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COBHAM ULTRA SENIORCO S.A R.L.</name>
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        <title>COBHAM ULTRA SENIORCO S.A R.L. 8/3/2029</title>
        <cusip>L1802PAC3</cusip>
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          <other otherDesc="All Others" value="LX200268"/>
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        <balance>776278.26000000</balance>
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        <curCd>USD</curCd>
        <valUSD>753960.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-03</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FLEETPRIDE 9/23 TLB</name>
        <lei>N/A</lei>
        <title>FLEETPRIDE 9/23 TLB 09/04/2028</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX217164"/>
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        <balance>496250.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>495019.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-04</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW SK HOLDCO SUB, LLC</name>
        <lei>N/A</lei>
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          <isin value="BMG5924V1063"/>
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        <balance>2554.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEXUS BUYER LLC</name>
        <lei>N/A</lei>
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        <cusip>65343UAC6</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX183588"/>
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        <balance>328734.60880000</balance>
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        <curCd>USD</curCd>
        <valUSD>324832.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.19392840</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RITHM CAPITAL CORP.</name>
        <lei>549300WNTHGEO5LP2G31</lei>
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        <cusip>64828TAB8</cusip>
        <identifiers>
          <isin value="US64828TAB89"/>
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        <balance>880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>872332.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KENAN ADVANTAGE GROUP, INC.</name>
        <lei>N/A</lei>
        <title>KENAN ADVANTAGE GROUP, INC. 1/25/2029</title>
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          <other otherDesc="All Others" value="LX224838"/>
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        <balance>379921.06000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380111.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.09393120</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PREGIS TOPCO LLC</name>
        <lei>N/A</lei>
        <title>PREGIS TOPCO LLC 7/31/2026</title>
        <cusip>74045BAC1</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX181490"/>
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        <balance>437708.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>439349.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.34371000</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>HEARTLAND DENTAL, LLC</name>
        <lei>N/A</lei>
        <title>HEARTLAND DENTAL, LLC 4/28/2028 &amp; SOFR 4.50%</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX233158"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>951107.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.84371040</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>ROPER TECHNOLOGIES/INDICOR 5/24 (USD) TLC</name>
        <lei>N/A</lei>
        <title>ROPER TECHNOLOGIES/INDICOR 5/24 (USD) TLC 11/22/2029 AND SOFR 3.25%</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX233471"/>
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        <balance>780164.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>781467.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MED PARENTCO LP TL</name>
        <lei>N/A</lei>
        <title>MED PARENTCO LP TL 4/4/2031</title>
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          <other otherDesc="All Others" value="LX228844"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-04</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>FRONTIER COMMUNICATIONS HOLDINGS, LLC</name>
        <lei>N/A</lei>
        <title>FRONTIER COMMUNICATIONS HOLDINGS, LLC 6/20/2031</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>TRITON WATER HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>TRITON WATER HOLDINGS, INC. 3/31/2028</title>
        <cusip>89678QAB2</cusip>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>MOTEL 6 INC. 09/21 TL</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX197154"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>10.44957960</annualizedRt>
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        <name>CROSBY US ACQUSITION CORP TL</name>
        <lei>N/A</lei>
        <title>CROSBY US ACQUSITION CORP TL 8/13/2029</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX226977"/>
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        <curCd>USD</curCd>
        <valUSD>439371.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.34392960</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PERATON CORP</name>
        <lei>N/A</lei>
        <title>PERATON CORP 2/1/2028</title>
        <cusip>71360HAB3</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192468"/>
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        <balance>935472.47000000</balance>
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        <curCd>USD</curCd>
        <valUSD>935079.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.19370880</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CRASH CHAMPIONS 2/24 TLB</name>
        <lei>N/A</lei>
        <title>CRASH CHAMPIONS 2/24 TLB 02/06/2029 AND 4.75 SOFR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX225703"/>
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        <balance>390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>386263.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.07949960</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOURYON FINANCE B.V.</name>
        <lei>N/A</lei>
        <title>NOURYON FINANCE B.V. 4/03/2028 AND SOFS 3.50 BPS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX230516"/>
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        <balance>1008457.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1013186.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.82573840</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED PACIFIC 6/24 TLB</name>
        <lei>N/A</lei>
        <title>UNITED PACIFIC 6/24 TLB 06/26/2031 &amp; SOFR 3.75%</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX236234"/>
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        <balance>405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406012.50000000</valUSD>
        <pctVal>0.410982766403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.07742880</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>CSC HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>CSC HOLDINGS LLC 1/18/2028</title>
        <cusip>64072UAM4</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX209812"/>
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        <balance>778150.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>746059.09000000</valUSD>
        <pctVal>0.755192090658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.82879920</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INGRAM MICRO INC.</name>
        <lei>N/A</lei>
        <title>INGRAM MICRO INC. 06/30/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX217133"/>
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        <balance>257311.16000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>258811.28000000</valUSD>
        <pctVal>0.261979559325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.59619160</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>ASURION LLC</name>
        <lei>N/A</lei>
        <title>ASURION LLC 8/19/2028</title>
        <cusip>04649VBC3</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX210945"/>
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        <balance>437783.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>435752.07000000</valUSD>
        <pctVal>0.441086398065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.69370920</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>LX231914 Cetera (Aretec) Financial 5/24 TLB</name>
        <lei>N/A</lei>
        <title>LX231914 Cetera (Aretec) Financial 5/24 TLB 8/9/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX231914"/>
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        <balance>700737.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>688474.59000000</valUSD>
        <pctVal>0.696902660870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.34371000</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>PRO MACH GROUP, INC.</name>
        <lei>N/A</lei>
        <title>PRO MACH GROUP, INC. 8/31/2028</title>
        <cusip>74273JAE3</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX196943"/>
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        <balance>772160.17400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>773341.58000000</valUSD>
        <pctVal>0.782808563586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.84392920</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALLIED UNIVERSAL HOLDCO LLC</name>
        <lei>N/A</lei>
        <title>ALLIED UNIVERSAL HOLDCO LLC 5/12/2028</title>
        <cusip>01957TAH0</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX194227"/>
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        <balance>747320.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>746820.17000000</valUSD>
        <pctVal>0.755962487540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.19370880</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MEDLINE BORROWER LP</name>
        <lei>N/A</lei>
        <title>MEDLINE BORROWER LP 10/23/2028</title>
        <cusip>BL4678621</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX228613"/>
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        <balance>703396.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>705464.20000000</valUSD>
        <pctVal>0.714100251875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.84712160</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>KEN GARFF AUTOMOTIVE, LLC</name>
        <lei>N/A</lei>
        <title>KEN GARFF AUTOMOTIVE LLC 144A 4.875000% 09/15/2028</title>
        <cusip>48850PAA2</cusip>
        <identifiers>
          <isin value="US48850PAA21"/>
        </identifiers>
        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>373486.56000000</valUSD>
        <pctVal>0.378058654950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETIQ 4/21 TL</name>
        <lei>N/A</lei>
        <title>PETIQ 4/21 TL 4/7/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX193766"/>
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        <balance>766668.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>763793.34000000</valUSD>
        <pctVal>0.773143437292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.71398080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPX Flow 5/24 Cov-Lite</name>
        <lei>N/A</lei>
        <title>SPX Flow 5/24 Cov-Lite 4/5/2029</title>
        <cusip>78470DAU2</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX233953"/>
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        <balance>551025.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>554584.62000000</valUSD>
        <pctVal>0.561373655570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-05</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.84370960</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCHENECTADY INTERNATIONAL GROUP, INC.</name>
        <lei>N/A</lei>
        <title>SCHENECTADY INTERNATIONAL GROUP, INC. 10/15/2025</title>
        <cusip>80643UAB4</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX175356"/>
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        <curCd>USD</curCd>
        <valUSD>961441.58000000</valUSD>
        <pctVal>0.973211219564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.13610960</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>PROAMPAC PG BORROWER LLC                         D</name>
        <lei>N/A</lei>
        <title>PROAMPAC PG BORROWER LLC                         D 9/15/2028 AND SOFR +400                          D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX228683"/>
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        <balance>497503.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>498746.87000000</valUSD>
        <pctVal>0.504852358899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.32238000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2024-07-31</ncom:dateSigned>
      <ncom:nameOfApplicant>THE ADVISORS' INNER CIRCLE III</ncom:nameOfApplicant>
      <ncom:signature>Andy Metzger</ncom:signature>
      <ncom:signerName>Andy Metzger</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
