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      </invstOrSec>
      <invstOrSec>
        <name>GOLUB CAPITAL PARTNERS CLO 67(M)</name>
        <lei>2549002FTXMYDDCWWA09</lei>
        <title>GOCAP 2023-67A A1</title>
        <cusip>38179PAA7</cusip>
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          <isin value="US38179PAA75"/>
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        <balance>438000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>438857.60000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.14771000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CERBERUS LOAN FUNDING XLVIII LLC</name>
        <lei>635400TT2BPIAD7JRA96</lei>
        <title>CERB 2024-4A AN</title>
        <cusip>15675JAA8</cusip>
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          <isin value="US15675JAA88"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>750878.25000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-15</maturityDt>
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          <annualizedRt>5.40292000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>BCC MIDDLE MARKET CLO 2026-2 LLC</name>
        <lei>N/A</lei>
        <title>BCMM 2026-2A A1</title>
        <cusip>05557NAA3</cusip>
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          <isin value="US05557NAA37"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000632.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.31799920</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FORTRESS CREDIT OPPORTUNITIES XXXIII CLO LLC</name>
        <lei>254900EIAMUDSPJ37T25</lei>
        <title>FCO 2026-33A A1T</title>
        <cusip>34967LAE3</cusip>
        <identifiers>
          <isin value="US34967LAE39"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500919.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.14829880</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BCRED CLO 2024-2 LLC</name>
        <lei>254900RYQKZLQ1Q2SX21</lei>
        <title>BCRED 2024-2A A</title>
        <cusip>05555WAA5</cusip>
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          <isin value="US05555WAA53"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>796860.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.17523000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KOHLBERG CREDIT CLO 2026-1 LLC</name>
        <lei>2549004Y1DUK1WKPVB77</lei>
        <title>KCLO 2026-1A A</title>
        <cusip>50024AAA2</cusip>
        <identifiers>
          <isin value="US50024AAA25"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>993314.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.20630920</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BLACKROCK SHASTA CLO XIII LLC</name>
        <lei>5299003T3Q2THT0GKA72</lei>
        <title>BLKMM 2024-1A A1</title>
        <cusip>09263EAA0</cusip>
        <identifiers>
          <isin value="US09263EAA01"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>600757.80000000</valUSD>
        <pctVal>3.017386324939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.60292000</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>DEERPATH CAPITAL CLO 2021-1 LTD</name>
        <lei>984500P76C2D11B3FA56</lei>
        <title>DPATH 2021-1A A1R</title>
        <cusip>24460EAU6</cusip>
        <identifiers>
          <isin value="US24460EAU64"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>801928.80000000</valUSD>
        <pctVal>4.027794553304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.55292000</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>Whitehorse CCSSG CLO, LLC</name>
        <lei>N/A</lei>
        <title>Whitehorse CCCERA CLO LLC</title>
        <cusip>964916AJ9</cusip>
        <identifiers>
          <isin value="US964916AJ90"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001605.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.13609920</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BCRED CLO LTD</name>
        <lei>2549001W2Y6F50VEZG93</lei>
        <title>BCRED CLO 2025-1 LLC</title>
        <cusip>05556FAA1</cusip>
        <identifiers>
          <isin value="US05556FAA12"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000643.00000000</valUSD>
        <pctVal>5.025863175386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.10921000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OWL ROCK CLO III LLC</name>
        <lei>2549004CIDJSHLSPXF37</lei>
        <title>OR 2020-3A AR</title>
        <cusip>69120DAA9</cusip>
        <identifiers>
          <isin value="US69120DAA90"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000729.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.57921000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BCRED MML CLO 2022-1 LLC</name>
        <lei>2549008X01GXURMQIW78</lei>
        <title>BXCMM 2022-1A A1</title>
        <cusip>072917AA5</cusip>
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          <isin value="US072917AA58"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000799.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.33000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hologic, Inc.</name>
        <lei>549300DYP6F5ZJL0LB74</lei>
        <title>Hologi 01/14/33</title>
        <cusip>43644ABL2</cusip>
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          <isin value="US43644ABL26"/>
          <other otherDesc="INTERNAL" value="BL5276755 00700"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>787696.00000000</valUSD>
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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>2033-04-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.99451000</annualizedRt>
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      <invstOrSec>
        <name>HPS PRIVATE CREDIT CLO 2025-3 LLC</name>
        <lei>254900WC9JHPFFXUKB77</lei>
        <title>HPSPR 2025-3A A1</title>
        <cusip>40445YAA2</cusip>
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          <isin value="US40445YAA29"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1005127.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.37921000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BCC MIDDLE MARKET CLO 2024-1 LLC</name>
        <lei>254900YHWPXVVYASBP30</lei>
        <title>BCMM 2024-1A A1</title>
        <cusip>05555GAA0</cusip>
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          <isin value="US05555GAA04"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>900690.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.49952000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLUB CAPITAL PARTNERS CLO 46(M) LTD</name>
        <lei>N/A</lei>
        <title>GOCAP 2019-46A A1R</title>
        <cusip>38178UAA7</cusip>
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          <isin value="US38178UAA79"/>
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        <balance>157000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>157368.32000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.53921000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORTRESS CREDIT OPPORTUNITIES XXI CLO LLC</name>
        <lei>254900WDNXJI5BDB6170</lei>
        <title>FCO 2023-21A A1TR</title>
        <cusip>34964UAN6</cusip>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>598651.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.30372880</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>HLEND CLO 2025-3 LLC</name>
        <lei>N/A</lei>
        <title>HLEND 2025-3A A</title>
        <cusip>403961AA3</cusip>
        <identifiers>
          <isin value="US403961AA35"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>594661.20000000</valUSD>
        <pctVal>2.986765336799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.12921000</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>ANTARES CLO 2018-3 LTD</name>
        <lei>254900KOI7TFZJ19KK11</lei>
        <title>ANTR 2018-3A A1R</title>
        <cusip>03665LAL7</cusip>
        <identifiers>
          <isin value="US03665LAL71"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>600537.00000000</valUSD>
        <pctVal>3.016277327435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.31921000</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>2026-09-29</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>
