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        <name>Turquoise Topco LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Quikrete Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AI Aqua Merger Sub Inc FKA Osmosis Buyer Limited</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AI Aqua Merger Sub Inc FKA Osmosis Buyer Limited</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Perforce Software Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jane Street Group LLC</name>
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        <title>JANE STR GROU 12/11/31</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Sazerac Company, Inc.</name>
        <lei>9QU0CG1O4LSOB6IFK895</lei>
        <title>SAZERAC C 07/09/32</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>NGL Energy Operating LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jane Street Group LLC</name>
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        <name>Ineos Quattro Holdings UK Limited</name>
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        <name>Bingo Holdings I, LLC</name>
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        <name>Soliant Lower Intermediate LLC</name>
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        <name>Inmar Inc</name>
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        <title>INMA 10/30/31</title>
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        <name>Bingo Holdings I, LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nourish Buyer I, Inc.</name>
        <lei>254900WHHUSAU0TJQB23</lei>
        <title>NOURISH BUYER 07/09/32</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Chemours Company (The)</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>Chemou 10/15/32</title>
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        <name>Virtus SEIX AAA Private Credit CLO ETF</name>
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        <name>Ahead DB Holdings LLC</name>
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        <name>Us Metalco Holdings LLC</name>
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        <name>Neptune Bidco Us Inc.</name>
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        <name>Oeg Borrower, LLC</name>
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        <name>VFH Parent LLC</name>
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        <name>EIG Management Company LLC</name>
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        <name>Cable One Inc</name>
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        <name>Finco I LLC</name>
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        <name>Lumen Technologies, Inc.</name>
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        <name>Camelot US Acquisition I Co</name>
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        <name>Camelot US Acquisition I Co</name>
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        <name>Viasat Inc</name>
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        <name>Voyage Digital (Nz) Limited</name>
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        <name>HDI Aerospace Intermediate Holding Iii Corporation</name>
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        <name>Nexus Buyer LLC</name>
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        <name>Hologic, Inc.</name>
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        <name>Ineos US Finance LLC</name>
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        <name>Construction Partners Inc</name>
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        <name>Cyberswift US Finco, LLC</name>
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        <name>Summer (BC) Bidco B LLC</name>
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        <invCountry>LU</invCountry>
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        <name>Ineos Finance PLC</name>
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        <name>Victra Holdings LLC aka LSF9 Atlantis Holdings LLC</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ensono LP</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>MRP Buyer LLC</name>
        <lei>254900P4JAIDEHZ3O147</lei>
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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>2032-05-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.92194000</annualizedRt>
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      <invstOrSec>
        <name>Bayonne Energy Center, LLC</name>
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          <isin value="US07288VAF67"/>
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        <balance>877800.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-22</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>AIT Worldwide Logistics Inc</name>
        <lei>N/A</lei>
        <title>AIT WORLDWIDE LO 04/08/30</title>
        <cusip>00145AAE3</cusip>
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          <isin value="US00145AAE38"/>
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        <balance>475200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477328.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.88661000</annualizedRt>
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      <invstOrSec>
        <name>Coral US Co-Borrower LLC</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <isin value="XAG7739PAN06"/>
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        <balance>2070000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.92219000</annualizedRt>
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      <invstOrSec>
        <name>Dayforce Inc</name>
        <lei>N/A</lei>
        <title>DAYFORCE INC</title>
        <cusip>23923YAB7</cusip>
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          <isin value="US23923YAB74"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>823346.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Finastra Usa, Inc.</name>
        <lei>549300ZB2RO6QC7YTK71</lei>
        <title>FINASTRA US 07/30/32</title>
        <cusip>31772YAD8</cusip>
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        <balance>1590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1403175.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.72320000</annualizedRt>
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        <name>AP Core Holdings II LLC</name>
        <lei>549300PND8ZZ4RWYRZ56</lei>
        <title>AP CORE HLDGS I 09/01/27</title>
        <cusip>00187GAC3</cusip>
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        <balance>140398.20000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.42845000</annualizedRt>
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        <name>Asurion LLC</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>ASURIO 09/19/30</title>
        <cusip>04649VBE9</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-19</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Level 3 Financing Inc</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>LEVEL 3 Fin 03/29/32</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Turquoise Topco LTD</name>
        <lei>254900RI25V4FBT02P38</lei>
        <title>TORTUGA RESORTS GHD LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Inmar Inc</name>
        <lei>549300N1ML5MXXFIDZ25</lei>
        <title>Inma 10/30/31</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Third Coast Infrastructure LLC</name>
        <lei>5493006R4EN78GPJ4M96</lei>
        <title>THIRD COAST INFR 09/25/30</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>UKG Inc</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UK 02/10/31</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Starlight Parent LLC</name>
        <lei>254900ZM34IBOK68V949</lei>
        <title>STARLIGHT PARENT LLC</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Dynamo Us Bidco Inc.</name>
        <lei>N/A</lei>
        <title>DYNAMO US BIDC 09/30/31</title>
        <cusip>26806DAC6</cusip>
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        <name>The Baldwin Insurance Group Holdings LLC</name>
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        <name>Blackstone Mortgage Trust Inc</name>
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        <name>SAVOR ACQUISITION INC</name>
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        <name>JENNMAR INTERMEDIATE III, LLC</name>
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      <invstOrSec>
        <name>Inmar Inc</name>
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      <invstOrSec>
        <name>SAVOR ACQUISITION INC</name>
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      <invstOrSec>
        <name>Nexus Buyer LLC</name>
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        <name>Colossus Acquireco LLC</name>
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      <invstOrSec>
        <name>LifePoint Health Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Pye Barker Fire &amp; Safety LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wash Multifamily Parent, Inc.</name>
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        <title>WASH BIDC 09/10/32</title>
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        <name>Deep Blue Operating I LLC</name>
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        <name>First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc</name>
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        <name>Catawba Nation Gaming Authority</name>
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        <name>Amentum Holdings LLC</name>
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        <title>Amazon Holdc 07/30/31</title>
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        <name>First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc</name>
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        <name>Pac Dac LLC</name>
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        <name>Ion Platform Finance Us, Inc.</name>
        <lei>213800FKHT3BRRKMCC89</lei>
        <title>ION PLATFORM FINANCE US</title>
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        <invCountry>US</invCountry>
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        <name>Jones DesLauriers Insurance Management Inc</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Lumen Technologies, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Charter Communications Operating LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Virgin Media Bristol LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CWGS Group LLC</name>
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        <name>DirectV Financing LLC</name>
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        <name>Bakelite US Holdco Inc</name>
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        <name>Allwyn Entertainment Financing (Us) LLC</name>
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        <name>Talen Energy Supply LLC</name>
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        <name>Invenergy Thermal Operating I LLC</name>
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        <name>WEEKLEY HOMES LLC/ FINAN</name>
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        <name>Venga Finance SARL</name>
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        <name>St. Georges University Scholastic Services LLC</name>
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        <name>Perforce Software Inc</name>
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        <name>Sabre GLBL Inc</name>
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        <name>Talen Energy Supply LLC</name>
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        <name>Opal Bidco SAS</name>
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        <name>Transdigm</name>
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        <name>BMC Software (Boxer/ Bladelogic)</name>
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        <name>TIAA Churchill Middle Market C</name>
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        <name>Ahlstrom Holding 3 Oy fka Spa Holdings 3</name>
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        <name>Transnetwork LLC</name>
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        <name>Neptune Bidco Us Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MOUNTAIN VIEW CLO</name>
        <lei>2549000TWLB57V29ZR37</lei>
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        <valUSD>1194387.53000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-15</maturityDt>
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      <invstOrSec>
        <name>DirectV Financing LLC</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UKG INC</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG INC</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-10</maturityDt>
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      <invstOrSec>
        <name>Albion Financing 3 SARL</name>
        <lei>213800VFJ5CIN2NUQ821</lei>
        <title>AGGREKO HOLDINGS INC</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ion Platform Finance Us, Inc.</name>
        <lei>213800FKHT3BRRKMCC89</lei>
        <title>ION PLATFORM FIN 10/07/32</title>
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          <isin value="US46206RAC97"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Thryv Inc</name>
        <lei>254900W0Q0EQ1QHCLN20</lei>
        <title>Thry 05/01/29</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Peer Holding III BV</name>
        <lei>N/A</lei>
        <title>Peer Hldg I 09/29/32</title>
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          <isin value="XAN6872NAQ96"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-29</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>EMERGENT BIOSOLUTIONS</name>
        <lei>549300YW6TUOX8BE5103</lei>
        <title>Emergent BioSolutions Inc</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Superannuation and Investments US LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lsf11 Trinity Bidco, Inc.</name>
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        <title>LSF11 TRINITY BI 06/14/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Team Services Group LLC</name>
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        <title>TEAM SERVICES GR 12/20/27</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Clue Opco LLC</name>
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        <name>Cloud Software Group Inc</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>CLOUD SOFTWARE G 03/21/31</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CPPIB OVM Member U.S. LLC</name>
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        <name>Red Planet Borrower LLC</name>
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        <invCountry>US</invCountry>
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        <name>Covia Holdings Corporation</name>
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        <title>Covia Hldg 02/26/32</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ineos Styrolution US Holding LLC</name>
        <lei>529900Z6N7K4QRHSOT95</lei>
        <title>INEOS Styrolutio 01/29/27</title>
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        <name>Pitney Bowes Inc</name>
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        <name>Cloud Software Group Inc</name>
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        <name>Restoration Hardware, Inc.</name>
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        <name>Creation Technologies Inc</name>
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        <name>Emg Utica Midstream Holdings LLC</name>
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        <name>Altice Financing SA</name>
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        <name>Voyager Parent, LLC</name>
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        <name>Lippert Components Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GRAY MEDIA INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Peer Holding III BV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Voyager Parent, LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OWENS-ILLINOIS GENERAL INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Apex Group Treasury Limited</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CFC Bidco 2022 Limited</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Consolidated Energy Finance SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fr Br Holdings, L.L.C.</name>
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        <name>Knowbe4, Inc.</name>
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        <name>Boots Group Finco LP</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Altisource Portfolio Solutions</name>
        <lei>894500OLCBOOO8WZUE76</lei>
        <title>Altisource Portfolio Solutions SA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neptune Bidco Us Inc.</name>
        <lei>549300VG15T3VCYZ4531</lei>
        <title>NI 04/11/29</title>
        <cusip>64069JAC6</cusip>
        <identifiers>
          <isin value="US64069JAC62"/>
          <other otherDesc="INTERNAL" value="BL4041002"/>
        </identifiers>
        <balance>2797550.88000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2801635.30000000</valUSD>
        <pctVal>1.119343195306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.76693000</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>Blackstone Mortgage Trust Inc</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>Blackstone Mtg T 12/10/30</title>
        <cusip>09259GAL7</cusip>
        <identifiers>
          <isin value="US09259GAL77"/>
          <other otherDesc="INTERNAL" value="BL5427341"/>
        </identifiers>
        <balance>509732.98000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>510158.61000000</valUSD>
        <pctVal>0.203824733587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.17192000</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>549300KNQVXGIOXWK278</lei>
        <title>ASURION LLC 01/20/29</title>
        <cusip>04649VBA7</cusip>
        <identifiers>
          <isin value="US04649VBA70"/>
          <other otherDesc="INTERNAL" value="BL3674951"/>
        </identifiers>
        <balance>790934.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>791923.24000000</valUSD>
        <pctVal>0.316398743940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.03640000</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>Rockpoint Gas Storage Partners LP</name>
        <lei>549300ZXM0KTRM0NMI59</lei>
        <title>ROCKPOINT GAS ST 09/18/31</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BL5272408"/>
        </identifiers>
        <balance>1054350.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1058056.04000000</valUSD>
        <pctVal>0.422727336647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.17194000</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>Rockpoint Gas Storage Partners LP</name>
        <lei>549300ZXM0KTRM0NMI59</lei>
        <title>ROCKPOINT GAS ST 09/18/31</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BL5272408"/>
        </identifiers>
        <balance>702900.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>705370.69000000</valUSD>
        <pctVal>0.281818223100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.17194000</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>GBT US III LLC</name>
        <lei>N/A</lei>
        <title>GBT US II 07/25/31</title>
        <cusip>36154HAD2</cusip>
        <identifiers>
          <isin value="US36154HAD26"/>
          <other otherDesc="INTERNAL" value="BL5450178"/>
        </identifiers>
        <balance>493054.91000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>491666.96000000</valUSD>
        <pctVal>0.196436726091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.66802000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-03-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Virtus ETF Trust II</ncom:nameOfApplicant>
      <ncom:signature>Brinton W. Frith</ncom:signature>
      <ncom:signerName>Brinton W. Frith</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
