<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001688680</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000056101</seriesId>
        <classId>C000202453</classId>
        <classId>C000176693</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Brinker Capital Destinations Trust</regName>
      <regFileNumber>811-23207</regFileNumber>
      <regCik>0001688680</regCik>
      <regLei>549300X40Y9W6WTS8B82</regLei>
      <regStreet1>1055 Westlakes Drive, Suite 250</regStreet1>
      <regStreet2>NULL</regStreet2>
      <regCity>Berwyn</regCity>
      <regStateConditional regCountry="US" regState="US-PA"/>
      <regZipOrPostalCode>19312</regZipOrPostalCode>
      <regPhone>800-333-4573</regPhone>
      <seriesName>Destinations Multi Strategy Alternatives Fund</seriesName>
      <seriesId>S000056101</seriesId>
      <seriesLei>549300B0D7EK5JLACQ88</seriesLei>
      <repPdEnd>2025-02-28</repPdEnd>
      <repPdDate>2024-11-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>655520811.58</totAssets>
      <totLiabs>22537613.98</totLiabs>
      <netAssets>632983197.60</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>123856638.50000000</cshNotRptdInCorD>
      <curMetrics>
        <curMetric>
          <curCd>CAD</curCd>
          <intrstRtRiskdv01 period10Yr="0.00000000" period1Yr="0.00000000" period30Yr="0.00000000" period3Mon="0.00000000" period5Yr="0.00000000"/>
          <intrstRtRiskdv100 period10Yr="0.00000000" period1Yr="0.00000000" period30Yr="0.00000000" period3Mon="0.00000000" period5Yr="0.00000000"/>
        </curMetric>
        <curMetric>
          <curCd>EUR</curCd>
          <intrstRtRiskdv01 period10Yr="0.00000000" period1Yr="0.00000000" period30Yr="0.00000000" period3Mon="0.00000000" period5Yr="0.00000000"/>
          <intrstRtRiskdv100 period10Yr="0.00000000" period1Yr="0.00000000" period30Yr="0.00000000" period3Mon="0.00000000" period5Yr="0.00000000"/>
        </curMetric>
        <curMetric>
          <curCd>GBP</curCd>
          <intrstRtRiskdv01 period10Yr="0.00000000" period1Yr="0.00000000" period30Yr="0.00000000" period3Mon="0.00000000" period5Yr="0.00000000"/>
          <intrstRtRiskdv100 period10Yr="0.00000000" period1Yr="0.00000000" period30Yr="0.00000000" period3Mon="0.00000000" period5Yr="0.00000000"/>
        </curMetric>
        <curMetric>
          <curCd>USD</curCd>
          <intrstRtRiskdv01 period10Yr="-10834.94882739" period1Yr="-4416.54800988" period30Yr="16733.84305061" period3Mon="-8374.61386274" period5Yr="-18208.37418217"/>
          <intrstRtRiskdv100 period10Yr="-1063516.69642115" period1Yr="-179162.21984711" period30Yr="1985942.88473648" period3Mon="-983135.27620142" period5Yr="-1826132.92890379"/>
        </curMetric>
      </curMetrics>
      <creditSprdRiskInvstGrade period10Yr="-1474.71284329" period1Yr="-3718.44165777" period30Yr="-3.26450053" period3Mon="-396.30532710" period5Yr="-8284.98873303"/>
      <creditSprdRiskNonInvstGrade period10Yr="-8887.55572112" period1Yr="-7456.30643103" period30Yr="-6332.33717754" period3Mon="-876.18195021" period5Yr="-9986.20667292"/>
      <borrowers>
        <borrower aggrVal="2639368.10000000" lei="T6FIZBDPKLYJKFCRVK44" name="UBS Securities LLC"/>
      </borrowers>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000202453" rtn1="0.83000000" rtn2="0.10000000" rtn3="1.17000000"/>
          <monthlyTotReturn classId="C000176693" rtn1="0.77000000" rtn2="0.19000000" rtn3="1.14000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <commodityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </commodityContracts>
          <creditContracts>
            <mon1 netRealizedGain="8694599.89000000" netUnrealizedAppr="-9354979.31000000"/>
            <mon2 netRealizedGain="-555.55000000" netUnrealizedAppr="-526.66000000"/>
            <mon3 netRealizedGain="2709000.00000000" netUnrealizedAppr="-1000041.73000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="8694599.89000000" netUnrealizedAppr="-9354979.31000000"/>
              <instrMon2 netRealizedGain="-555.55000000" netUnrealizedAppr="-526.66000000"/>
              <instrMon3 netRealizedGain="2709000.00000000" netUnrealizedAppr="-1000041.73000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </creditContracts>
          <equityContracts>
            <mon1 netRealizedGain="224041.15000000" netUnrealizedAppr="-300826.32000000"/>
            <mon2 netRealizedGain="-1278045.12000000" netUnrealizedAppr="973610.56000000"/>
            <mon3 netRealizedGain="-3053941.14000000" netUnrealizedAppr="-1171219.44000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="224041.15000000" netUnrealizedAppr="-277798.43000000"/>
              <instrMon2 netRealizedGain="-1278045.12000000" netUnrealizedAppr="962067.85000000"/>
              <instrMon3 netRealizedGain="-3053941.14000000" netUnrealizedAppr="-1156160.61000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="-23027.89000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="11542.71000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="-15058.83000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </foreignExchgContracts>
          <interestRtContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </interestRtContracts>
          <otherContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-585877.50000000" netUnrealizedAppr="2897155.48000000"/>
        <othMon2 netRealizedGain="731333.90000000" netUnrealizedAppr="-2203902.06000000"/>
        <othMon3 netRealizedGain="2852172.36000000" netUnrealizedAppr="4992410.47000000"/>
      </returnInfo>
      <mon1Flow redemption="18559042.27000000" reinvestment="10089784.50000000" sales="5228397.23000000"/>
      <mon2Flow redemption="19752164.99000000" reinvestment="0.00000000" sales="4114175.39000000"/>
      <mon3Flow redemption="86610400.64000000" reinvestment="0.00000000" sales="13776502.61000000"/>

      <varInfo>

        <fundsDesignatedInfo>
          <nameDesignatedIndex>60% Russell 3000 Index 40% ICE BofA US 3M Treasury Bill</nameDesignatedIndex>
          <indexIdentifier>RUSSELL.MC.RAY/MERRILL.MC.G0O1</indexIdentifier>

        </fundsDesignatedInfo>

      </varInfo>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>FHLT 2003-A M1 V/R 08/25/33</name>
        <lei>N/A</lei>
        <title>FREMONT HOME LOAN TRUST 2003-A SER 2003-A CL M1 V/R REGD 5.67719000</title>
        <cusip>35729PBL3</cusip>
        <identifiers>
          <isin value="US35729PBL31"/>
        </identifiers>
        <balance>3685374.90000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3861239.88000000</valUSD>
        <pctVal>0.610006694433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.67719000</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>HAYMAKER ACQUISITION CORP 4</name>
        <lei>N/A</lei>
        <title>HAYMAKER ACQUISITION CORP 4 0.00000000</title>
        <cusip>G4375F108</cusip>
        <identifiers>
          <isin value="KYG4375F1081"/>
        </identifiers>
        <balance>292343.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3136840.39000000</valUSD>
        <pctVal>0.495564558726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOMALOGIC INC WRT 12/31/27</name>
        <lei>N/A</lei>
        <title>SOMALOGIC INC WARRANT EXPIRES_  12/31/27_ 0.00000000</title>
        <cusip>83444K113</cusip>
        <identifiers>
          <isin value="US83444K1135"/>
        </identifiers>
        <balance>77310.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7808.31000000</valUSD>
        <pctVal>0.001233573028</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>SOMALOGIC INC</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SOMALOGIC INC</issuerName>
                <issueTitle>SOMALOGIC INC</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <principalAmt>77310.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-12-31</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>7808.31000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="10.10000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SERVICE PROPER 8.625% 11/15/31</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>SERVICE PROPERTIES TRUST REGD 144A P/P 8.62500000</title>
        <cusip>81761LAC6</cusip>
        <identifiers>
          <isin value="US81761LAC63"/>
        </identifiers>
        <balance>7062000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7450614.80000000</valUSD>
        <pctVal>1.177063597935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T/L CROWN FINANC 0% 10/31/31</name>
        <lei>N/A</lei>
        <title>T/L CROWN FINANCE US  INC      REGD 0.00000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LOANX" value="LX250356"/>
        </identifiers>
        <balance>5560000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5529864.80000000</valUSD>
        <pctVal>0.873619524336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</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>CHEC 2004-1 A3 V/R 07/25/34</name>
        <lei>N/A</lei>
        <title>CHEC LOAN TRUST 2004-1 SER 2004-1 CL A3 V/R REGD 144A P/P 5.70219000</title>
        <cusip>162765AC5</cusip>
        <identifiers>
          <isin value="US162765AC58"/>
        </identifiers>
        <balance>1697264.18000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1653473.07000000</valUSD>
        <pctVal>0.261219109175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.70219000</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>ALBERTSONS COS INC - CLASS A</name>
        <lei>549300YKWOC0AOR16R51</lei>
        <title>ALBERTSONS COS INC - CLASS A 0.00000000</title>
        <cusip>013091103</cusip>
        <identifiers>
          <isin value="US0130911037"/>
        </identifiers>
        <balance>249868.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4959879.80000000</valUSD>
        <pctVal>0.783572110413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARES ACQUISIT WT EX 04/21/28</name>
        <lei>N/A</lei>
        <title>ARES ACQUISITION CORP II______WARRANTS EXP 04/21/28 0.00000000</title>
        <cusip>G33033120</cusip>
        <identifiers>
          <isin value="KYG330331201"/>
        </identifiers>
        <balance>149812.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28464.28000000</valUSD>
        <pctVal>0.004496846062</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>ARES ACQUISIT</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ARES ACQUISIT</issuerName>
                <issueTitle>ARES ACQUISIT</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <principalAmt>149812.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-04-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>28464.28000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TRS CFD GSUCDHY1 /LONG/</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="TRSGSUCDHY1USD"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-90451.19000000</valUSD>
        <pctVal>-0.01428966682</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>GSUCDHY</indexName>
                <indexIdentifier>GSUCDHY</indexIdentifier>
                <components>
                  <component>
                    <othIndName>GFL ENVIRONMENTAL INC.</othIndName>
                    <identifiers>
                      <ticker value="GFLCN"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NCL CORPORATION LTD.</othIndName>
                    <identifiers>
                      <ticker value="NCLH"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>YUM! BRANDS, INC</othIndName>
                    <identifiers>
                      <ticker value="YUM"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TRANSDIGM INC</othIndName>
                    <identifiers>
                      <ticker value="TDG"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LAS VEGAS SANDS CORP.</othIndName>
                    <identifiers>
                      <ticker value="LVS"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CHART INDUSTRIES, INC.</othIndName>
                    <identifiers>
                      <ticker value="GTLS"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>WESCO DISTRIBUTION, INC.</othIndName>
                    <identifiers>
                      <ticker value="WCC"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>WYNN LAS VEGAS, LLC</othIndName>
                    <identifiers>
                      <ticker value="WYNNLV"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MGM RESORTS INTERNATIONAL</othIndName>
                    <identifiers>
                      <ticker value="MGM"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ARDAGH METAL PACKAGING FINANCE USA LLC</othIndName>
                    <identifiers>
                      <ticker value="AMPBEV"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TRANSOCEAN INC.</othIndName>
                    <identifiers>
                      <ticker value="RIG"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>VIKING CRUISES LTD</othIndName>
                    <identifiers>
                      <ticker value="VIKCRU"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>EMERALD DEBT MERGER SUB L.L.C.</othIndName>
                    <identifiers>
                      <ticker value="EMECLI"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CARNIVAL CORPORATION </othIndName>
                    <identifiers>
                      <ticker value="CCL"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BUILDERS FIRSTSOURCE, INC.</othIndName>
                    <identifiers>
                      <ticker value="BLDR"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BATH &amp; BODY WORKS, INC</othIndName>
                    <identifiers>
                      <ticker value="BBWI"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>WEATHERFORD INTERNATIONAL LTD.</othIndName>
                    <identifiers>
                      <ticker value="WFRD"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>IMOLA MERGER CORP</othIndName>
                    <identifiers>
                      <ticker value="IM"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>SENSATA TECHNOLOGIES B.V.</othIndName>
                    <identifiers>
                      <ticker value="ST"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ROLLS-ROYCE PLC</othIndName>
                    <identifiers>
                      <ticker value="ROLLS"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MAUSER PACKAGING SOLUTIONS HOLDING COMPANY</othIndName>
                    <identifiers>
                      <ticker value="BWY"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>HILTON DOMESTIC OPERATING COMPANY INC</othIndName>
                    <identifiers>
                      <ticker value="HLT"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BALL CORPORATION</othIndName>
                    <identifiers>
                      <ticker value="BALL"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ARAMARK SERVICES INC.</othIndName>
                    <identifiers>
                      <ticker value="ARMK"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>SPIRIT AEROSYSTEMS, INC.</othIndName>
                    <identifiers>
                      <ticker value="SPR"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ASBURY AUTOMOTIVE GROUP, INC.</othIndName>
                    <identifiers>
                      <ticker value="ABG"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>1011778 B.C. UNLIMITED LIABILITY COMPANY</othIndName>
                    <identifiers>
                      <ticker value="BCULC"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>FERTITTA ENTERTAINMENT LLC</othIndName>
                    <identifiers>
                      <ticker value="FRTITA"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PETSMART LLC</othIndName>
                    <identifiers>
                      <ticker value="PETM"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>STANDARD BUILDING SOLUTIONS INC.</othIndName>
                    <identifiers>
                      <ticker value="BMCAUS"/>
                    </identifiers>
                    <othIndNotAmt>463218.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3015.03966666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="USD-Federal Funds-H.15" floatingRtSpread="-0.75" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="9126" resetDt="Day" resetDtUnit="9126"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">Performance leg</otherPmntDesc>
            <terminationDt>2049-12-29</terminationDt>
            <upfrontPmnt>-13770763.81000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>13770763.81000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>13770763.81000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-90451.19000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARES ACQUISITION CORP II</name>
        <lei>N/A</lei>
        <title>ARES ACQUISITION CORP II 0.00000000</title>
        <cusip>G33033104</cusip>
        <identifiers>
          <isin value="KYG330331045"/>
        </identifiers>
        <balance>299624.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3268897.84000000</valUSD>
        <pctVal>0.516427268906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CFD MSHEWSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="TRSMSHEWSCUSD"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-582819.56000000</valUSD>
        <pctVal>-0.09207504436</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY AND REC</counterpartyName>
              <counterpartyLei>4PQUHN3JPFGFNF3BB653</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSHEWSC</indexName>
                <indexIdentifier>MSHEWSC</indexIdentifier>
                <narrativeDesc>PRIM UN Equity,HRI UN Equity,VMI UN Equity,R UN Equity,ACM UN Equity,FLR UN Equity,PWR UN Equity,DY UN Equity,FAST UW Equity,WSO UN Equity</narrativeDesc>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="1-Month FED" floatingRtSpread="-0.36" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="9125" resetDt="Day" resetDtUnit="9125"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">Performance leg</otherPmntDesc>
            <terminationDt>2049-12-30</terminationDt>
            <upfrontPmnt>-4614744.32000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>4614744.32000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>4614744.32000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-582819.56000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNTINGTON CAPL T V/R 06/15/28</name>
        <lei>N/A</lei>
        <title>HUNTINGTON CAPL TRUST II REGD V/R SER B 5.83325000</title>
        <cusip>446284AA9</cusip>
        <identifiers>
          <isin value="US446284AA91"/>
        </identifiers>
        <balance>2678000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2511106.80000000</valUSD>
        <pctVal>0.396709866789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.83325000</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>HEAT 2005-6 M5 V/R 12/25/35</name>
        <lei>N/A</lei>
        <title>HOME EQUITY ASSET TRUST 2005-6 SER 2005-6 CL M5 V/R REGD 5.64719000</title>
        <cusip>437084NG7</cusip>
        <identifiers>
          <isin value="US437084NG75"/>
        </identifiers>
        <balance>2810000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2688504.87000000</valUSD>
        <pctVal>0.424735582270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.64719000</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>INDX 2006-FLX1 A V/R 11/25/36</name>
        <lei>N/A</lei>
        <title>INDYMAC INDX MORTGAGE LOAN TRUST 2006-R1 SER 2006-FLX1 CL A1 V/R REGD 5.12219000</title>
        <cusip>45667WAA6</cusip>
        <identifiers>
          <isin value="US45667WAA62"/>
        </identifiers>
        <balance>2944104.85000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2751455.58000000</valUSD>
        <pctVal>0.434680666158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.12219000</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>N/A</name>
        <lei>N/A</lei>
        <title>CFD MSXXBIOH</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="TRSMSXXBIOHUSD"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-368492.55000000</valUSD>
        <pctVal>-0.05821521825</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY AND REC</counterpartyName>
              <counterpartyLei>4PQUHN3JPFGFNF3BB653</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSXXBIOH</indexName>
                <indexIdentifier>MSXXBIOH</indexIdentifier>
                <components>
                  <component>
                    <othIndName>CRISPR Therapeutics AG</othIndName>
                    <identifiers>
                      <ticker value="CRSP UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>89912.50579283</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2750.78210394</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ultragenyx Pharmaceutical Inc</othIndName>
                    <identifiers>
                      <ticker value="RARE UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>82921.87907520</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2536.91095553</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Silence Therapeutics PLC</othIndName>
                    <identifiers>
                      <ticker value="SLN UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>6444.77519664</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-197.17137364</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TG Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="TGTX UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>126990.52652280</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3885.14661724</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Immunocore Holdings PLC</othIndName>
                    <identifiers>
                      <ticker value="IMCR UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>48629.15492102</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1487.75977164</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Stoke Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="STOK UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>28856.93683803</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-882.84877313</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dyne Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="DYN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>94545.72660762</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2892.53080495</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Xencor Inc</othIndName>
                    <identifiers>
                      <ticker value="XNCR UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>45178.21928960</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1382.18188909</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Immatics NV</othIndName>
                    <identifiers>
                      <ticker value="IMTX UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>16407.52774336</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-501.97170336</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dynavax Technologies Corp</othIndName>
                    <identifiers>
                      <ticker value="DVAX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>96960.87529262</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2966.41983432</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CG oncology Inc</othIndName>
                    <identifiers>
                      <ticker value="CGON UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>83144.70832575</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2543.72819090</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Moderna Inc</othIndName>
                    <identifiers>
                      <ticker value="MRNA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>71493.24709192</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2187.26352823</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Applied Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="APLT UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>17163.60488731</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-525.10311826</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cargo Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="CRGX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>17548.05260106</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-536.86490692</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Blueprint Medicines Corp</othIndName>
                    <identifiers>
                      <ticker value="BPMC UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>93247.09253808</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2852.80041009</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Viridian Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="VRDN UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>83872.68357090</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2565.99985666</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AbbVie Inc</othIndName>
                    <identifiers>
                      <ticker value="ABBV UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>81115.69774935</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2481.65266611</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rigel Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="RIGL UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>23569.48512116</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-721.08453989</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Foghorn Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="FHTX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>11646.55155804</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-356.31445610</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Myriad Genetics Inc</othIndName>
                    <identifiers>
                      <ticker value="MYGN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>64421.85611248</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1970.92147899</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kyverna Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="KYTX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>13430.86233329</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-410.90363816</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kura Oncology Inc</othIndName>
                    <identifiers>
                      <ticker value="KURA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>30739.76016864</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-940.45184711</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Iovance Biotherapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="IOVA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>72420.12194200</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2215.62032607</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ORIC Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="ORIC UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>13592.44819350</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-415.84719399</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Absci Corp</othIndName>
                    <identifiers>
                      <ticker value="ABSI UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>10854.21160110</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-332.07361713</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CervoMed Inc</othIndName>
                    <identifiers>
                      <ticker value="CRVO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>10402.43684760</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-318.25202584</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Editas Medicine Inc</othIndName>
                    <identifiers>
                      <ticker value="EDIT UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>25488.98252768</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-779.80962010</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lexicon Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="LXRX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>18288.14654704</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-559.50733206</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kymera Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="KYMR UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>88477.89075175</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2706.89150889</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Erasca Inc</othIndName>
                    <identifiers>
                      <ticker value="ERAS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>15445.30089674</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-472.53334696</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Krystal Biotech Inc</othIndName>
                    <identifiers>
                      <ticker value="KRYS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>102717.75728430</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3142.54581165</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Entrada Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="TRDA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>13443.89590557</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-411.30238711</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tyra Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="TYRA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>23641.84470144</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-723.29830800</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Agenus Inc</othIndName>
                    <identifiers>
                      <ticker value="AGEN UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>10117.60822134</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-309.53798233</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Anika Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="ANIK UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>12468.32122552</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-381.45566727</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tenaya Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="TNYA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>17792.17164060</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-544.33348184</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Replimune Group Inc</othIndName>
                    <identifiers>
                      <ticker value="REPL UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>41206.49630592</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1260.67104464</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gain Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="GANX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>10792.45843674</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-330.18434158</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ACELYRIN Inc</othIndName>
                    <identifiers>
                      <ticker value="SLRN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>12442.70635335</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-380.67200618</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Olema Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="OLMA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>16917.10227064</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-517.56162022</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Taysha Gene Therapies Inc</othIndName>
                    <identifiers>
                      <ticker value="TSHA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>45089.72428680</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1379.47447405</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Voyager Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="VYGR UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>20117.56198060</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-615.47644549</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Biogen Inc</othIndName>
                    <identifiers>
                      <ticker value="BIIB UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>82289.89043265</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2517.57590272</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Candel Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="CADL UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>10888.55015515</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-333.12417044</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>aTyr Pharma Inc</othIndName>
                    <identifiers>
                      <ticker value="ATYR UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>15212.73442735</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-465.41821124</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Merus NV</othIndName>
                    <identifiers>
                      <ticker value="MRUS UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>77805.55626148</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2380.38223786</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MacroGenics Inc</othIndName>
                    <identifiers>
                      <ticker value="MGNX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>11653.87915946</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-356.53863665</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MannKind Corp</othIndName>
                    <identifiers>
                      <ticker value="MNKD UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>53801.32430460</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1645.99705858</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Centessa Pharmaceuticals PLC</othIndName>
                    <identifiers>
                      <ticker value="CNTA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>31717.00019547</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-970.34951655</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Syndax Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="SNDX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>66032.90039456</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2020.20974807</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bridgebio Pharma Inc</othIndName>
                    <identifiers>
                      <ticker value="BBIO UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>95560.37119125</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2923.57282895</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>SpringWorks Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="SWTX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>119175.72487580</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3646.06067111</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>89bio Inc</othIndName>
                    <identifiers>
                      <ticker value="ETNB UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>22949.56736539</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-702.11878364</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Keros Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="KROS UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>85616.39870522</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2619.34705618</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Spyre Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="SYRE UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>51285.48335504</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1569.02745131</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Biohaven Ltd</othIndName>
                    <identifiers>
                      <ticker value="BHVN UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>81734.29030614</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2500.57787923</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Halozyme Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="HALO UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>73279.63680300</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2241.91631323</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Praxis Precision Medicines Inc</othIndName>
                    <identifiers>
                      <ticker value="PRAX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>101779.22535163</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3113.83237717</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ARS Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="SPRY UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>75436.34534963</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2307.89862816</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Veracyte Inc</othIndName>
                    <identifiers>
                      <ticker value="VCYT UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>109147.23210600</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3339.24908581</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Intellia Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="NTLA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>91711.65237696</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2805.82517255</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Corbus Pharmaceuticals Holdings Inc</othIndName>
                    <identifiers>
                      <ticker value="CRBP UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>40117.77404910</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1227.36268921</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Inmune Bio Inc</othIndName>
                    <identifiers>
                      <ticker value="INMB UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>9704.85713945</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-296.91028077</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ADMA Biologics Inc</othIndName>
                    <identifiers>
                      <ticker value="ADMA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>93545.03620018</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2861.91569485</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Roivant Sciences Ltd</othIndName>
                    <identifiers>
                      <ticker value="ROIV UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>97990.86855876</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2997.93143572</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Celldex Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="CLDX UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>96070.65904128</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2939.18456920</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vaxcyte Inc</othIndName>
                    <identifiers>
                      <ticker value="PCVX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>78751.06009732</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2409.30897067</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cue Biopharma Inc</othIndName>
                    <identifiers>
                      <ticker value="CUE UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>9834.47879546</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-300.87592413</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tango Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="TNGX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>21163.37057294</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-647.47190079</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tourmaline Bio Inc</othIndName>
                    <identifiers>
                      <ticker value="TRML UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>33309.63622392</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1019.07460375</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rhythm Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="RYTM UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>95420.42589156</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2919.29134416</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gilead Sciences Inc</othIndName>
                    <identifiers>
                      <ticker value="GILD UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>91604.49759378</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2802.54688043</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mirum Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="MIRM UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>63030.48655934</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1928.35393587</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Amicus Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="FOLD UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>78301.48439760</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2395.55465720</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ArriVent Biopharma Inc</othIndName>
                    <identifiers>
                      <ticker value="AVBP UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>26764.08303184</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-818.82002935</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Avid Bioservices Inc</othIndName>
                    <identifiers>
                      <ticker value="CDMO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>33079.30395832</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1012.02782123</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BioMarin Pharmaceutical Inc</othIndName>
                    <identifiers>
                      <ticker value="BMRN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>88920.30183540</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2720.42662818</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MoonLake Immunotherapeutics</othIndName>
                    <identifiers>
                      <ticker value="MLTX UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>79387.61454045</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2428.78370952</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Y-mAbs Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="YMAB UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>11461.16314200</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-350.64268516</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Soleno Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="SLNO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>83462.22759504</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2553.44237154</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>GRAIL Inc</othIndName>
                    <identifiers>
                      <ticker value="GRAL UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>46689.19890250</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1428.40878091</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zai Lab Ltd</othIndName>
                    <identifiers>
                      <ticker value="ZLAB UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>83022.78027635</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2539.99792564</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zura Bio Ltd</othIndName>
                    <identifiers>
                      <ticker value="ZURA UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>8382.93673030</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-256.46746392</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>OnKure Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="OKUR UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>11348.59258974</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-347.19870306</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Inhibrx Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="INBX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>11786.96317120</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-360.61020728</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Savara Inc</othIndName>
                    <identifiers>
                      <ticker value="SVRA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>14765.80120176</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-451.74474160</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vericel Corp</othIndName>
                    <identifiers>
                      <ticker value="VCEL UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>109707.58672344</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3356.39256813</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Immunome Inc</othIndName>
                    <identifiers>
                      <ticker value="IMNM UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>48538.32053335</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1484.98078550</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vanda Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="VNDA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>12753.90790065</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-390.19290252</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Aura Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="AURA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>10995.28558660</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-336.38963292</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Day One Biopharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="DAWN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>79751.89649105</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2439.92854707</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sage Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="SAGE UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>23076.51765694</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-706.00269931</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Altimmune Inc</othIndName>
                    <identifiers>
                      <ticker value="ALT UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>72831.75251114</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2228.21374668</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ionis Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="IONS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>82626.43231935</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2527.87206109</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Emergent BioSolutions Inc</othIndName>
                    <identifiers>
                      <ticker value="EBS UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>81765.24784340</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2501.52499375</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Arcus Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="RCUS UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>69588.99690440</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2129.00492126</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Denali Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="DNLI UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>75569.74052500</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2311.97971853</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mineralys Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="MLYS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>11361.48017375</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-347.59298565</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Twist Bioscience Corp</othIndName>
                    <identifiers>
                      <ticker value="TWST UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>103966.13236324</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3180.73858357</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Enanta Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="ENTA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>9297.41417920</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-284.44497583</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LENZ Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="LENZ UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>26818.16508640</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-820.47461506</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cardiff Oncology Inc</othIndName>
                    <identifiers>
                      <ticker value="CRDF UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>8381.98137015</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-256.43823565</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Exact Sciences Corp</othIndName>
                    <identifiers>
                      <ticker value="EXAS UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>77583.30271488</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2373.58261557</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Scholar Rock Holding Corp</othIndName>
                    <identifiers>
                      <ticker value="SRRK UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>128183.78769420</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3921.65323494</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>KalVista Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="KALV UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>14921.55205026</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-456.50978115</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Xenon Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="XENE UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>90854.09497836</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2779.58907198</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Arbutus Biopharma Corp</othIndName>
                    <identifiers>
                      <ticker value="ABUS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>16002.16469140</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-489.57003110</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>C4 Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="CCCC UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>15207.83198935</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-465.26822611</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Arcturus Therapeutics Holdings Inc</othIndName>
                    <identifiers>
                      <ticker value="ARCT UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>33201.24780070</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1015.75856966</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Perspective Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="CATX UA Equity"/>
                    </identifiers>
                    <othIndNotAmt>17752.59715395</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-543.12274047</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Celcuity Inc</othIndName>
                    <identifiers>
                      <ticker value="CELC UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>11199.42115840</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-342.63495411</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Prime Medicine Inc</othIndName>
                    <identifiers>
                      <ticker value="PRME UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>23367.16605307</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-714.89479279</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vertex Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="VRTX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>88015.33976807</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2692.74022975</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Anavex Life Sciences Corp</othIndName>
                    <identifiers>
                      <ticker value="AVXL UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>19566.31221380</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-598.61151686</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Monte Rosa Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="GLUE UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>14076.19506132</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-430.64693976</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Immunovant Inc</othIndName>
                    <identifiers>
                      <ticker value="IMVT UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>85207.10378460</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2606.82509237</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Nurix Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="NRIX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>78491.70842205</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2401.37436868</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cogent Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="COGT UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>45788.91118209</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1400.86538939</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Disc Medicine Inc</othIndName>
                    <identifiers>
                      <ticker value="IRON UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>72508.58131455</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2218.32665104</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kiniksa Pharmaceuticals International Plc</othIndName>
                    <identifiers>
                      <ticker value="KNSA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>44977.42586592</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1376.03881754</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Biomea Fusion Inc</othIndName>
                    <identifiers>
                      <ticker value="BMEA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>34826.24137816</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1065.47360331</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Agios Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="AGIO UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>117764.38010277</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3602.88200636</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mereo Biopharma Group PLC</othIndName>
                    <identifiers>
                      <ticker value="MREO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>13176.33466275</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-403.11662172</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vera Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="VERA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>97906.68774425</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2995.35600891</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Climb Bio Inc</othIndName>
                    <identifiers>
                      <ticker value="CLYM UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>11052.82240443</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-338.14991363</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Nuvalent Inc</othIndName>
                    <identifiers>
                      <ticker value="NUVL UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>95992.52621244</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2936.79417439</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Avidity Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="RNA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>85343.18719771</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2610.98842665</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Larimar Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="LRMR UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>18531.88718964</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-566.96433031</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lexeo Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="LXEO UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>15802.35863317</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-483.45716699</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Humacyte Inc</othIndName>
                    <identifiers>
                      <ticker value="HUMA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>72782.90155296</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2226.71920106</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Amgen Inc</othIndName>
                    <identifiers>
                      <ticker value="AMGN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>79345.13626746</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2427.48412976</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Compass Pathways Plc</othIndName>
                    <identifiers>
                      <ticker value="CMPS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>14585.94199295</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-446.24213116</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Upstream Bio Inc</othIndName>
                    <identifiers>
                      <ticker value="UPB UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>53782.39624536</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1645.41797377</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Caribou Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="CRBU UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>11241.02835978</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-343.90788432</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bicara Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="BCAX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>43069.76189901</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1317.67576943</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rocket Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="RCKT UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>61105.43700878</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1869.45899344</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ACADIA Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="ACAD UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>96578.32269792</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2954.71602491</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Akero Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="AKRO UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>81973.50119460</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2507.89629423</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BioCryst Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="BCRX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>73606.23798000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2251.90834565</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sarepta Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="SRPT UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>96311.38186166</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2946.54924022</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>iTeos Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="ITOS UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>33666.94086210</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1030.00597749</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Legend Biotech Corp</othIndName>
                    <identifiers>
                      <ticker value="LEGN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>85754.27688884</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2623.56529964</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Heron Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="HRTX UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>10481.45894110</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-320.66962681</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dianthus Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="DNTH UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>28940.74200297</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-885.41270732</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>United Therapeutics Corp</othIndName>
                    <identifiers>
                      <ticker value="UTHR UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>87404.73483567</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2674.05938991</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zymeworks Inc</othIndName>
                    <identifiers>
                      <ticker value="ZYME UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>24833.32129005</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-759.75032820</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Checkpoint Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="CKPT UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>15108.34451065</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-462.22450740</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>uniQure NV</othIndName>
                    <identifiers>
                      <ticker value="QURE UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>29943.85726545</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-916.10200341</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Nuvectis Pharma Inc</othIndName>
                    <identifiers>
                      <ticker value="NVCT UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>9593.54160408</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-293.50469464</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ADC Therapeutics SA</othIndName>
                    <identifiers>
                      <ticker value="ADCT UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>9624.67800624</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-294.45728135</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BioAtla Inc</othIndName>
                    <identifiers>
                      <ticker value="BCAB UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>10089.20791872</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-308.66910382</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sagimet Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="SGMT UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>25406.08791028</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-777.27354319</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>UroGen Pharma Ltd</othIndName>
                    <identifiers>
                      <ticker value="URGN UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>40201.56306890</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1229.92612946</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Beam Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="BEAM UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>99877.31927957</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3055.64548603</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BioNTech SE</othIndName>
                    <identifiers>
                      <ticker value="BNTX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>96577.82793907</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2954.70088826</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Natera Inc</othIndName>
                    <identifiers>
                      <ticker value="NTRA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>120824.12010272</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3696.49165455</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Crinetics Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="CRNX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>89487.86841280</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2737.79075312</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Allogene Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="ALLO UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>15782.93870376</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-482.86303391</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vir Biotechnology Inc</othIndName>
                    <identifiers>
                      <ticker value="VIR UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>25378.47163976</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-776.42865134</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sana Biotechnology Inc</othIndName>
                    <identifiers>
                      <ticker value="SANA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>15477.10624868</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-473.50639951</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tectonic Therapeutic Inc</othIndName>
                    <identifiers>
                      <ticker value="TECX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>25774.91840130</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-788.55753872</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Protagonist Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="PTGX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>83266.24342680</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2547.44643429</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Insmed Inc</othIndName>
                    <identifiers>
                      <ticker value="INSM UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>98123.44810256</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3001.98757266</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Annexon Inc</othIndName>
                    <identifiers>
                      <ticker value="ANNX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>36293.97239237</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1110.37734804</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PTC Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="PTCT UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>96574.42466288</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2954.59676847</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Verve Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="VERV UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>31326.49268001</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-958.40233439</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Pyxis Oncology Inc</othIndName>
                    <identifiers>
                      <ticker value="PYXS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>6353.16664023</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-194.36870258</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Recursion Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="RXRX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>94650.01742742</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2895.72147702</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Exelixis Inc</othIndName>
                    <identifiers>
                      <ticker value="EXEL UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>94518.87483200</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2891.70930205</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Janux Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="JANX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>71932.50748629</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2200.70225537</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Alnylam Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="ALNY UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>83334.85748453</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2549.54561194</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sangamo Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="SGMO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>24433.10439866</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-747.50609752</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ideaya Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="IDYA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>81070.75211760</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2480.27760000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cytokinetics Inc</othIndName>
                    <identifiers>
                      <ticker value="CYTK UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>89549.53561446</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2739.67739873</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zenas Biopharma Inc</othIndName>
                    <identifiers>
                      <ticker value="ZBIO UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>9305.87291394</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-284.70376225</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Instil Bio Inc</othIndName>
                    <identifiers>
                      <ticker value="TIL UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>23402.72998206</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-715.98283520</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Autolus Therapeutics PLC</othIndName>
                    <identifiers>
                      <ticker value="AUTL UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>17833.94082436</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-545.61136773</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Novavax Inc</othIndName>
                    <identifiers>
                      <ticker value="NVAX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>84994.53660592</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2600.32181471</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Solid Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="SLDB UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>12095.84493060</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-370.06013205</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Capricor Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="CAPR UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>90877.27542044</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2780.29825414</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Akebia Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="AKBA UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>13374.36828328</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-409.17525989</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TScan Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="TCRX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>11278.00941597</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-345.03928231</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MiMedx Group Inc</othIndName>
                    <identifiers>
                      <ticker value="MDXG UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>17022.66617375</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-520.79124098</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Madrigal Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="MDGL UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>88053.58769798</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2693.91038645</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>REGENXBIO Inc</othIndName>
                    <identifiers>
                      <ticker value="RGNX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>27427.46894432</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-839.11564985</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Regeneron Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="REGN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>80461.34707392</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2461.63346954</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Abeona Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="ABEO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>12706.96125204</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-388.75661732</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Q32 Bio Inc</othIndName>
                    <identifiers>
                      <ticker value="QTTB UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>13177.77291090</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-403.16062346</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mersana Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="MRSN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>14883.14832780</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-455.33485814</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AnaptysBio Inc</othIndName>
                    <identifiers>
                      <ticker value="ANAB UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>62643.93390528</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1916.52774870</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Summit Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="SMMT UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>82213.00518834</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2515.22367649</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Alkermes PLC</othIndName>
                    <identifiers>
                      <ticker value="ALKS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>97017.13258540</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2968.14096925</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>REVOLUTION Medicines Inc</othIndName>
                    <identifiers>
                      <ticker value="RVMD UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>92043.69736965</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2815.98375301</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Black Diamond Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="BDTX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>12655.18721955</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-387.17264321</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ALX Oncology Holdings Inc</othIndName>
                    <identifiers>
                      <ticker value="ALXO UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>11930.35132564</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-364.99702272</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Geron Corp</othIndName>
                    <identifiers>
                      <ticker value="GERN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>86174.27729052</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2636.41478680</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Aurinia Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="AUPH UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>40597.32012002</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1242.03391585</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Design Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="DSGN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>13546.19752800</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-414.43220170</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MeiraGTx Holdings plc</othIndName>
                    <identifiers>
                      <ticker value="MGTX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>13643.32406496</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-417.40368978</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Inozyme Pharma Inc</othIndName>
                    <identifiers>
                      <ticker value="INZY UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>7364.18699154</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-225.29984686</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bicycle Therapeutics PLC</othIndName>
                    <identifiers>
                      <ticker value="BCYC UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>53128.34848320</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1625.40804453</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cullinan Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="CGEM UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>28057.90781000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-858.40328881</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Aldeyra Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="ALDX UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>11361.72063040</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-347.60034218</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ImmunityBio Inc</othIndName>
                    <identifiers>
                      <ticker value="IBRX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>76987.68006384</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2355.36014346</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Adverum Biotechnologies Inc</othIndName>
                    <identifiers>
                      <ticker value="ADVM UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>10577.29262648</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-323.60156141</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Neurocrine Biosciences Inc</othIndName>
                    <identifiers>
                      <ticker value="NBIX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>93480.74720400</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2859.94883808</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Inovio Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="INO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>9399.88315296</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-287.57991036</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ironwood Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="IRWD UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>21068.39017888</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-644.56607178</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ascendis Pharma A/S</othIndName>
                    <identifiers>
                      <ticker value="ASND UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>96180.40545624</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2942.54214968</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zentalis Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="ZNTL UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>18946.27309295</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-579.64204757</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Arcutis Biotherapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="ARQT UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>132932.28509168</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-4066.92870632</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Apellis Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="APLS UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>105607.56286665</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3230.95648834</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Alector Inc</othIndName>
                    <identifiers>
                      <ticker value="ALEC UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>5902.92050992</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-180.59387797</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Verastem Inc</othIndName>
                    <identifiers>
                      <ticker value="VSTM UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>17042.26686228</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-521.39090421</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Catalyst Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="CPRX UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>89701.16472156</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2744.31633778</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Outlook Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="OTLK UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>4063.11414295</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-124.30686445</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Viking Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="VKTX UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>74533.02076796</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2280.26232695</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sutro Biopharma Inc</othIndName>
                    <identifiers>
                      <ticker value="STRO UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>8625.75848000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-263.89634957</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Fortress Biotech Inc</othIndName>
                    <identifiers>
                      <ticker value="FBIO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>14788.06280370</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-452.42581277</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Nkarta Inc</othIndName>
                    <identifiers>
                      <ticker value="NKTX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>10987.21770524</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-336.14280426</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Fate Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="FATE UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>18277.67286434</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-559.18690034</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Poseida Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="PSTX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>44198.44049285</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1352.20654855</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rezolute Inc</othIndName>
                    <identifiers>
                      <ticker value="RZLT UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>11127.80285064</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-340.44386448</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Newamsterdam Pharma Co NV</othIndName>
                    <identifiers>
                      <ticker value="NAMS UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>25916.77241220</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-792.89741860</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Incyte Corp</othIndName>
                    <identifiers>
                      <ticker value="INCY UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>87532.09717544</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2677.95591177</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Jasper Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="JSPR UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>25645.48594057</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-784.59768360</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Apogee Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="APGE UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>68521.61273895</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2096.34938314</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BeiGene Ltd</othIndName>
                    <identifiers>
                      <ticker value="BGNE UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>92217.48739000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2821.30068276</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Astria Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="ATXS UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>14555.46657836</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-445.30976670</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Korro Bio Inc</othIndName>
                    <identifiers>
                      <ticker value="KRRO UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>21877.27026718</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-669.31293932</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Arcellx Inc</othIndName>
                    <identifiers>
                      <ticker value="ACLX UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>90569.63180310</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2770.88620907</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CareDx Inc</othIndName>
                    <identifiers>
                      <ticker value="CDNA UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>95134.90033470</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2910.55597876</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Travere Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="TVTX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>92380.34599992</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2826.28317709</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>4D Molecular Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="FDMT UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>36976.74750000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1131.26616134</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Neurogene Inc</othIndName>
                    <identifiers>
                      <ticker value="NGNE UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>12762.24947403</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-390.44810451</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Arrowhead Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="ARWR UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>115348.67315915</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-3528.97589764</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Relay Therapeutics Inc</othIndName>
                    <identifiers>
                      <ticker value="RLAY UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>35554.42208790</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1087.75155505</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ProKidney Corp</othIndName>
                    <identifiers>
                      <ticker value="PROK UR Equity"/>
                    </identifiers>
                    <othIndNotAmt>15398.66898600</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-471.10669086</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>2seventy bio Inc</othIndName>
                    <identifiers>
                      <ticker value="TSVT UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>10626.10589964</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-325.09495409</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cabaletta Bio Inc</othIndName>
                    <identifiers>
                      <ticker value="CABA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>16717.17553484</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-511.44506411</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ardelyx Inc</othIndName>
                    <identifiers>
                      <ticker value="ARDX UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>85573.07296209</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-2618.02154892</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Prothena Corp PLC</othIndName>
                    <identifiers>
                      <ticker value="PRTA UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>38511.58177116</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1178.22286228</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Corvus Pharmaceuticals Inc</othIndName>
                    <identifiers>
                      <ticker value="CRVS UQ Equity"/>
                    </identifiers>
                    <othIndNotAmt>23763.76024086</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-727.02819053</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="1-Month FED" floatingRtSpread="0.90" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="9144" resetDt="Day" resetDtUnit="9144"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">Performance leg</otherPmntDesc>
            <terminationDt>2049-12-11</terminationDt>
            <upfrontPmnt>-17097841.50000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>17097841.50000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>17097841.50000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-368492.55000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAS 2016-C02 1B V/R 09/25/28</name>
        <lei>N/A</lei>
        <title>FANNIE MAE CONNECTICUT AVENUE SECURITIES SER 2016-C02 CL 1B V/R REGD 17.09851000</title>
        <cusip>30711XCH5</cusip>
        <identifiers>
          <isin value="US30711XCH52"/>
        </identifiers>
        <balance>3382569.75000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3825262.89000000</valUSD>
        <pctVal>0.604322974844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>17.09851000</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>STACR 2018-HRP1  V/R 05/25/43</name>
        <lei>N/A</lei>
        <title>STACR TRUST 2018-HRP1 SER 2018-HRP1 CL B2 V/R REGD 144A P/P 16.59851000</title>
        <cusip>3137G0VB2</cusip>
        <identifiers>
          <isin value="US3137G0VB27"/>
        </identifiers>
        <balance>4696844.94000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5706759.60000000</valUSD>
        <pctVal>0.901565732177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>16.59851000</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>SURF 2004-BC1 M1 V/R 02/25/35</name>
        <lei>N/A</lei>
        <title>SPECIALTY UNDERWRITING &amp; RESIDENTIAL FINANCE TRUST SER 2004-BC1 CL M1 V/R REGD 5.46719000</title>
        <cusip>84751PBZ1</cusip>
        <identifiers>
          <isin value="US84751PBZ18"/>
        </identifiers>
        <balance>2307365.80000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2342662.96000000</valUSD>
        <pctVal>0.370098759158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.46719000</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>T/L NCR ATLEOS CO ZCP 04/16/29</name>
        <lei>N/A</lei>
        <title>T/L NCR ATLEOS CORP REGD ZCP TERM LOAN 0.00000000</title>
        <cusip>63001PAF8</cusip>
        <identifiers>
          <isin value="US63001PAF80"/>
        </identifiers>
        <balance>984224.79000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>985455.07000000</valUSD>
        <pctVal>0.155684238339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.39745000</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>APOGEE THERAPEUTICS INC</name>
        <lei>N/A</lei>
        <title>APOGEE THERAPEUTICS INC 0.00000000</title>
        <cusip>03770N101</cusip>
        <identifiers>
          <isin value="US03770N1019"/>
        </identifiers>
        <balance>37200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1679580.00000000</valUSD>
        <pctVal>0.265343536189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELAT 2007-1 A1 V/R 05/25/37</name>
        <lei>N/A</lei>
        <title>ELLINGTON LOAN ACQUISITION TRUST 2007-1 SER 2007-1 CL A1 V/R REGD 144A P/P 5.80219000</title>
        <cusip>288542AA1</cusip>
        <identifiers>
          <isin value="US288542AA12"/>
        </identifiers>
        <balance>1345586.69000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1311590.85000000</valUSD>
        <pctVal>0.207207846112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.80219000</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>N/A</name>
        <lei>N/A</lei>
        <title>CFD GSCNNED3</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="TRSGSCNNED3USD"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>38995.35000000</valUSD>
        <pctVal>0.006160566370</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>GSCNNED3</indexName>
                <indexIdentifier>GSCNNED3</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Dayforce Inc</othIndName>
                    <identifiers>
                      <ticker value="DAY UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>1667951.48000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>4738.80961323</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Alight Inc</othIndName>
                    <identifiers>
                      <ticker value="ALIT UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>4379024.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>12441.22582498</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Paysafe Ltd</othIndName>
                    <identifiers>
                      <ticker value="PSFE UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>704726.12000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>2002.19427974</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dun &amp; Bradstreet Holdings Inc</othIndName>
                    <identifiers>
                      <ticker value="DNB UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>6973760.50000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19813.12028202</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="USD-Federal Funds-H.15" floatingRtSpread="-0.0050" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="9126" resetDt="Day" resetDtUnit="9126"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">Performance leg</otherPmntDesc>
            <terminationDt>2049-12-29</terminationDt>
            <upfrontPmnt>-9112167.99000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>9112167.99000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>9112167.99000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>38995.35000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARMT 2005-2 6M2 V/R 06/25/35</name>
        <lei>N/A</lei>
        <title>ADJUSTABLE RATE MORTGAGE TRUST 2005-2 SER 2005-2 CL 6M2 V/R REGD 5.68219000</title>
        <cusip>007036HA7</cusip>
        <identifiers>
          <isin value="US007036HA79"/>
        </identifiers>
        <balance>1275616.67000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1269825.63000000</valUSD>
        <pctVal>0.200609689927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.68219000</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>MLMI 2005-FM1 M1 V/R 05/25/36</name>
        <lei>N/A</lei>
        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIE SER 2005-FM1 CL M1 V/R REGD 5.42219000</title>
        <cusip>59020UC29</cusip>
        <identifiers>
          <isin value="US59020UC291"/>
        </identifiers>
        <balance>194067.66000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>192433.75000000</valUSD>
        <pctVal>0.030401083429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.42219000</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>EMLT 2003-2 1A1 V/R 09/25/33</name>
        <lei>N/A</lei>
        <title>EQUIFIRST MORTGAGE LOAN TRUST 2003-2 SER 2003-2 CL 1A1 V/R REGD 5.84996000</title>
        <cusip>29445FAF5</cusip>
        <identifiers>
          <isin value="US29445FAF53"/>
        </identifiers>
        <balance>2381555.08000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2361530.01000000</valUSD>
        <pctVal>0.373079414896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.84996000</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>PPSI 2005-WCH1 M V/R 01/25/36</name>
        <lei>N/A</lei>
        <title>PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUG SER 2005-WCH1 CL M5 V/R REGD 6.02219000</title>
        <cusip>70069FFM4</cusip>
        <identifiers>
          <isin value="US70069FFM41"/>
        </identifiers>
        <balance>3600000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3416686.20000000</valUSD>
        <pctVal>0.539775180913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.02219000</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>PPSI 2005-WCW2 M V/R 07/25/35</name>
        <lei>N/A</lei>
        <title>PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUG SER 2005-WCW2 CL M2 V/R REGD 5.49719000</title>
        <cusip>70069FLH8</cusip>
        <identifiers>
          <isin value="US70069FLH81"/>
        </identifiers>
        <balance>390308.01000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>388093.40000000</valUSD>
        <pctVal>0.061311801240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.49719000</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>CANNAE HOLDINGS INC</name>
        <lei>549300OGRF1ICI7D2V77</lei>
        <title>CANNAE HOLDINGS INC 0.00000000</title>
        <cusip>13765N107</cusip>
        <identifiers>
          <isin value="US13765N1072"/>
        </identifiers>
        <balance>632537.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13726052.90000000</valUSD>
        <pctVal>2.168470340451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TMTS 2006-7 1A2C V/R 07/25/37</name>
        <lei>N/A</lei>
        <title>TERWIN MORTGAGE TRUST 2006-7 SER 2006-7 CL 1A2C V/R REGD 144A P/P 5.24219000</title>
        <cusip>88156PAD3</cusip>
        <identifiers>
          <isin value="US88156PAD33"/>
        </identifiers>
        <balance>2465000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2181579.97000000</valUSD>
        <pctVal>0.344650533895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.24219000</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>NRG ENERGY INC V/R /PERP/</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC REGD V/R /PERP/ 144A P/P 10.25000000</title>
        <cusip>629377CU4</cusip>
        <identifiers>
          <isin value="US629377CU45"/>
        </identifiers>
        <balance>6965420.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7726224.96000000</valUSD>
        <pctVal>1.220605063340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2173-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CFD MSDRCASI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="TRSMSDRCASIUSD"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-255179.11000000</valUSD>
        <pctVal>-0.04031372569</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY AND REC</counterpartyName>
              <counterpartyLei>4PQUHN3JPFGFNF3BB653</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSDRCASI</indexName>
                <indexIdentifier>MSDRCASI</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Wyndham Hotels &amp; Resorts Inc</othIndName>
                    <identifiers>
                      <ticker value="WH UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>979927.12705802</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-21508.37696317</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>International Game Technology PLC</othIndName>
                    <identifiers>
                      <ticker value="IGT UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>636178.01770752</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-13963.44303848</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vail Resorts Inc</othIndName>
                    <identifiers>
                      <ticker value="MTN UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>509022.00261536</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-11172.50131412</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hyatt Hotels Corp</othIndName>
                    <identifiers>
                      <ticker value="H UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>339612.56175306</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-7454.14102530</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>DraftKings Inc</othIndName>
                    <identifiers>
                      <ticker value="DKNG UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>350803.15428375</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-7699.76284344</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Churchill Downs Inc</othIndName>
                    <identifiers>
                      <ticker value="CHDN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>309546.65874645</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-6794.22585636</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Marriott International Inc/MD</othIndName>
                    <identifiers>
                      <ticker value="MAR UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>518657.21632279</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-11383.98419159</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Monarch Casino &amp; Resort Inc</othIndName>
                    <identifiers>
                      <ticker value="MCRI UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>300154.64384631</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-6588.08093870</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Norwegian Cruise Line Holdings Ltd</othIndName>
                    <identifiers>
                      <ticker value="NCLH UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>550461.35075336</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-12082.05172481</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Portillo's Inc</othIndName>
                    <identifiers>
                      <ticker value="PTLO UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>417816.02934225</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-9170.62546000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Las Vegas Sands Corp</othIndName>
                    <identifiers>
                      <ticker value="LVS UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>441739.45814460</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-9695.71973561</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Topgolf Callaway Brands Corp</othIndName>
                    <identifiers>
                      <ticker value="MODG UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>209720.59716806</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-4603.14806711</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Carnival Corp</othIndName>
                    <identifiers>
                      <ticker value="CCL UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>557572.13582303</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-12238.12603029</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Travel + Leisure Co</othIndName>
                    <identifiers>
                      <ticker value="TNL UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>735667.49930457</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-16147.13324867</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bloomin' Brands Inc</othIndName>
                    <identifiers>
                      <ticker value="BLMN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>321950.11363518</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-7066.46873649</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MGM Resorts International</othIndName>
                    <identifiers>
                      <ticker value="MGM UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>745975.58736276</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-16373.38501536</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Boyd Gaming Corp</othIndName>
                    <identifiers>
                      <ticker value="BYD UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>1160339.79325985</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-25468.24655598</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Marriott Vacations Worldwide Corp</othIndName>
                    <identifiers>
                      <ticker value="VAC UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>800231.87752650</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-17564.25391698</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Airbnb Inc</othIndName>
                    <identifiers>
                      <ticker value="ABNB UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>290692.81544472</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-6380.40368761</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dine Brands Global Inc</othIndName>
                    <identifiers>
                      <ticker value="DIN UN Equity"/>
                    </identifiers>
                    <othIndNotAmt>340556.99111392</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-7474.87026337</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Wynn Resorts Ltd</othIndName>
                    <identifiers>
                      <ticker value="WYNN UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>373513.39666212</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-8198.22894415</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Red Rock Resorts Inc</othIndName>
                    <identifiers>
                      <ticker value="RRR UW Equity"/>
                    </identifiers>
                    <othIndNotAmt>735886.15178606</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-16151.93244227</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="1-Month FED" floatingRtSpread="-0.35" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="9154" resetDt="Day" resetDtUnit="9154"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">Performance leg</otherPmntDesc>
            <terminationDt>2049-12-01</terminationDt>
            <upfrontPmnt>-7611889.19000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>7611889.19000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>7611889.19000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-255179.11000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SDART 2024-2 A2 5.8% 09/15/25</name>
        <lei>N/A</lei>
        <title>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-2 SER 2024-2 CL A2 REGD 5.80000000</title>
        <cusip>80286YAB8</cusip>
        <identifiers>
          <isin value="US80286YAB83"/>
        </identifiers>
        <balance>2634275.75000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2642702.53000000</valUSD>
        <pctVal>0.417499633484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</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>STACR 2020-DNA1  V/R 01/25/50</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2020-DNA1 SER 2020-DNA1 CL B2 V/R REGD 144A P/P 10.09851000</title>
        <cusip>35565HBE4</cusip>
        <identifiers>
          <isin value="US35565HBE45"/>
        </identifiers>
        <balance>5438000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6001468.16000000</valUSD>
        <pctVal>0.948124402473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.09851000</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>WESCO INTERNATIONAL INC.</name>
        <lei>N/A</lei>
        <title>WESCO INTERNATIONAL INC. 0.00000000</title>
        <cusip>95082P303</cusip>
        <identifiers>
          <isin value="US95082P3038"/>
        </identifiers>
        <balance>292290.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7620000.30000000</valUSD>
        <pctVal>1.203823470969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BYEG6 01.000 SP A3 - E7 12/20/2029 GOLDNY LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS6815"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-877854.64000000</valUSD>
        <pctVal>-0.13868529896</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.IG.43</indexName>
                <indexIdentifier>2I65BYEG6</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2029-12-20</terminationDt>
            <upfrontPmnt>-20000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>18840000.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>20000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>282145.36000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INSPIRATO INC WT EX 12/15/27</name>
        <lei>N/A</lei>
        <title>INSPIRATO INC WARRANT EXP  12/15/2027 0.00000000</title>
        <cusip>45791E115</cusip>
        <identifiers>
          <isin value="US45791E1156"/>
        </identifiers>
        <balance>131807.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2425.25000000</valUSD>
        <pctVal>0.000383146031</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>INSPIRATO INC</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>INSPIRATO INC</issuerName>
                <issueTitle>INSPIRATO INC</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <principalAmt>131807.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-12-15</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>2425.25000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLUE FOUNDRY BANCORP</name>
        <lei>5493008KPK5NJT0FNK56</lei>
        <title>BLUE FOUNDRY BANCORP 0.00000000</title>
        <cusip>09549B104</cusip>
        <identifiers>
          <isin value="US09549B1044"/>
        </identifiers>
        <balance>894746.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9922733.14000000</valUSD>
        <pctVal>1.567613986851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAGAYA TECHNOL WT EX 06/22/27</name>
        <lei>N/A</lei>
        <title>PAGAYA TECHNOLOGIES LTD WARRANTS EXPIRE 06/22/2027 0.00000000</title>
        <cusip>M7S64L107</cusip>
        <identifiers>
          <isin value="IL0011859092"/>
        </identifiers>
        <balance>358816.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30499.36000000</valUSD>
        <pctVal>0.004818352227</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>N/A</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>PAGAYA TECHNOL</issuerName>
                <issueTitle>PAGAYA TECHNOL</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <principalAmt>358816.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-06-22</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>30499.36000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HILLMAN SOLUTIONS CORP</name>
        <lei>N/A</lei>
        <title>HILLMAN SOLUTIONS CORP 0.00000000</title>
        <cusip>431636109</cusip>
        <identifiers>
          <isin value="US4316361090"/>
        </identifiers>
        <balance>674014.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7683759.60000000</valUSD>
        <pctVal>1.213896297584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIDGER AEROSPACE WRT 01/25/28</name>
        <lei>N/A</lei>
        <title>BRIDGER AEROSPACE GROUP HOLDINGS INC WARRANT EXPIRES 01/25/28 0.00000000</title>
        <cusip>96812F110</cusip>
        <identifiers>
          <isin value="US96812F1104"/>
        </identifiers>
        <balance>468723.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42185.07000000</valUSD>
        <pctVal>0.006664484959</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>BRIDGER AEROSPACE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BRIDGER AEROSPACE</issuerName>
                <issueTitle>BRIDGER AEROSPACE</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <principalAmt>468723.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-01-25</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>42185.07000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CFD GSCBDNYB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="TRSGSCBDNYBUSD"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-48902.59000000</valUSD>
        <pctVal>-0.00772573271</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>GSCBDNYB</indexName>
                <indexIdentifier>GSCBDNYB</indexIdentifier>
                <narrativeDesc>VLY UW Equity,DCOM UW Equity,MCB UN Equity,AMAL UQ Equity,NFBK UW Equity,FFIC UW Equity,FLIC UR Equity,PGC UW Equity,BWFG UQ Equity</narrativeDesc>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="USD-SOFR" floatingRtSpread="-0.0060" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="9146" resetDt="Day" resetDtUnit="9146"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">Performance leg</otherPmntDesc>
            <terminationDt>2049-12-09</terminationDt>
            <upfrontPmnt>-2651108.21000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>2651108.21000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>2651108.21000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-48902.59000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STACR 2020-HQA3  V/R 07/25/50</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2020-HQA3 SER 2020-HQA3 CL B2 V/R REGD 144A P/P 14.84851000</title>
        <cusip>35565MBE3</cusip>
        <identifiers>
          <isin value="US35565MBE30"/>
        </identifiers>
        <balance>1280000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1710570.11000000</valUSD>
        <pctVal>0.270239418121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>14.84851000</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>EART 2023-5A B 6.58% 02/15/26</name>
        <lei>N/A</lei>
        <title>EXETER AUTOMOBILE RECEIVABLES TRUST 2023-5 SER 2023-5A CL B REGD 6.58000000</title>
        <cusip>30168DAD8</cusip>
        <identifiers>
          <isin value="US30168DAD84"/>
        </identifiers>
        <balance>2630000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2665581.53000000</valUSD>
        <pctVal>0.421114105414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.58000000</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>DANAOS CORP 8.5% 03/01/28</name>
        <lei>734IM3DNDNT36T7YTD24</lei>
        <title>DANAOS CORP REGD 144A P/P 8.50000000</title>
        <cusip>23585WAA2</cusip>
        <identifiers>
          <isin value="US23585WAA27"/>
        </identifiers>
        <balance>8665000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8855898.62000000</valUSD>
        <pctVal>1.399073254010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STACR 2019-HQA1  V/R 02/25/49</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-HQA1 SER 2019-HQA1 CL B2 V/R REGD 144A P/P 17.09851000</title>
        <cusip>35563MBE5</cusip>
        <identifiers>
          <isin value="US35563MBE57"/>
        </identifiers>
        <balance>4030000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5025673.16000000</valUSD>
        <pctVal>0.793966282052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>17.09851000</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>BOLD EAGLE ACQUISITION CORP</name>
        <lei>N/A</lei>
        <title>BOLD EAGLE ACQUISITION CORP 0.00000000</title>
        <cusip>G2003N113</cusip>
        <identifiers>
          <isin value="KYG2003N1135"/>
        </identifiers>
        <balance>667287.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6672870.00000000</valUSD>
        <pctVal>1.054193859378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2639358.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NCR ATLEOS LLC 9.5% 04/01/29</name>
        <lei>N/A</lei>
        <title>NCR ATLEOS LLC REGD 144A P/P 9.50000000</title>
        <cusip>638962AA8</cusip>
        <identifiers>
          <isin value="US638962AA84"/>
        </identifiers>
        <balance>1153000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1261740.58000000</valUSD>
        <pctVal>0.199332396939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BRZD5 05.000 SP A15-E25 12/20/2025 MSCSNY LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS4654"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>591165.49000000</valUSD>
        <pctVal>0.093393551715</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STAN AND CO INTL</counterpartyName>
              <counterpartyLei>4PQUHN3JPFGFNF3BB653</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.HY.35</indexName>
                <indexIdentifier>2I65BRZD5</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-12-20</terminationDt>
            <upfrontPmnt>-10000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>10246500.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>10000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>344665.49000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAESARS ENTERTAINMENT INC</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>CAESARS ENTERTAINMENT INC 0.00000000</title>
        <cusip>12769G100</cusip>
        <identifiers>
          <isin value="US12769G1004"/>
        </identifiers>
        <balance>47118.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1813571.82000000</valUSD>
        <pctVal>0.286511842158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STACR 2020-DNA5  V/R 10/25/50</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2020-DNA5 SER 2020-DNA5 CL B2 V/R REGD 144A P/P 16.23403000</title>
        <cusip>35566ABE8</cusip>
        <identifiers>
          <isin value="US35566ABE82"/>
        </identifiers>
        <balance>3780000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5243547.58000000</valUSD>
        <pctVal>0.828386535358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>16.23403000</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>HART 2023-B A3 5.48% 04/17/28</name>
        <lei>N/A</lei>
        <title>HYUNDAI AUTO RECEIVABLES TRUST 2023-B SER 2023-B CL A3 REGD 5.48000000</title>
        <cusip>44933XAD9</cusip>
        <identifiers>
          <isin value="US44933XAD93"/>
        </identifiers>
        <balance>2690000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2717874.86000000</valUSD>
        <pctVal>0.429375514279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.48000000</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>STACR 2019-FTR1  V/R 01/25/48</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-FTR1 SER 2019-FTR1 CL B2 V/R REGD 144A P/P 13.19851000</title>
        <cusip>35564PAC2</cusip>
        <identifiers>
          <isin value="US35564PAC23"/>
        </identifiers>
        <balance>5800000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6941358.80000000</valUSD>
        <pctVal>1.096610277542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>13.19851000</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>BALTA 2006-8 3A1 V/R 02/25/34</name>
        <lei>N/A</lei>
        <title>BEAR STEARNS ALT-A TRUST 2006-8 SER 2006-8 CL 3A1 V/R REGD 5.02219000</title>
        <cusip>07387QAX8</cusip>
        <identifiers>
          <isin value="US07387QAX88"/>
        </identifiers>
        <balance>412036.21000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>387751.04000000</valUSD>
        <pctVal>0.061257714497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.02219000</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>AMIT 2005-4 M3 V/R 10/25/35</name>
        <lei>N/A</lei>
        <title>AAMES MORTGAGE INVESTMENT TRUST 2005-4 SER 2005-4 CL M3 V/R REGD 5.48219000</title>
        <cusip>00252FCV1</cusip>
        <identifiers>
          <isin value="US00252FCV13"/>
        </identifiers>
        <balance>1032974.12000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1021490.86000000</valUSD>
        <pctVal>0.161377247274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.48219000</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>QXO INC PIPE</name>
        <lei>N/A</lei>
        <title>QXO INC PIPE 0.00000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="3430RZ"/>
        </identifiers>
        <balance>276052.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4593505.28000000</valUSD>
        <pctVal>0.725691502936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STACR 2019-HRP1  V/R 02/25/49</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-HRP1 SER 2019-HRP1 CL B1 V/R REGD 144A P/P 8.89851000</title>
        <cusip>35564RCB8</cusip>
        <identifiers>
          <isin value="US35564RCB87"/>
        </identifiers>
        <balance>3100000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3428929.53000000</valUSD>
        <pctVal>0.541709407611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.89851000</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>MACY'S INC</name>
        <lei>529900NZQ81TIOW3CW52</lei>
        <title>MACY'S INC 0.00000000</title>
        <cusip>55616P104</cusip>
        <identifiers>
          <isin value="US55616P1049"/>
        </identifiers>
        <balance>-35126.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-570446.24000000</valUSD>
        <pctVal>-0.09012028157</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BMARK 2023-B3 5.626% 04/15/28</name>
        <lei>N/A</lei>
        <title>BENCHMARK 2023-B38 MORTGAGE TRUST SER 2023-B38 CL A2 REGD 5.62600000</title>
        <cusip>081916AB4</cusip>
        <identifiers>
          <isin value="US081916AB42"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2009173.20000000</valUSD>
        <pctVal>0.317413354354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62600000</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>BBCMS 2023-C1 5.756% 03/15/28</name>
        <lei>N/A</lei>
        <title>BBCMS MORTGAGE TRUST 2023-C19 SER 2023-C19 CL A2A REGD 5.75600000</title>
        <cusip>05553RAB6</cusip>
        <identifiers>
          <isin value="US05553RAB69"/>
        </identifiers>
        <balance>5400000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5479099.20000000</valUSD>
        <pctVal>0.865599469428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75600000</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>PENN ENTERTAINMENT INC</name>
        <lei>N/A</lei>
        <title>PENN ENTERTAINMENT INC 0.00000000</title>
        <cusip>707569109</cusip>
        <identifiers>
          <isin value="US7075691094"/>
        </identifiers>
        <balance>161554.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3487950.86000000</valUSD>
        <pctVal>0.551033719887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BYEG6 01.000 SP 12/20/2029 GOLDNY A3-E7 LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS7006"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-877854.64000000</valUSD>
        <pctVal>-0.13868529896</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.IG.43</indexName>
                <indexIdentifier>2I65BYEG6</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2029-12-20</terminationDt>
            <upfrontPmnt>-20000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>18750000.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>20000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>372145.36000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VESTIS CORP</name>
        <lei>254900QDW0TA2TMFAP59</lei>
        <title>VESTIS CORP 0.00000000</title>
        <cusip>29430C102</cusip>
        <identifiers>
          <isin value="US29430C1027"/>
        </identifiers>
        <balance>178078.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2863494.24000000</valUSD>
        <pctVal>0.452380766323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WILLSCOT HOLDINGS CORP</name>
        <lei>549300HJ4VIXF476Q166</lei>
        <title>WILLSCOT HOLDINGS CORP 0.00000000</title>
        <cusip>971378104</cusip>
        <identifiers>
          <isin value="US9713781048"/>
        </identifiers>
        <balance>230056.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8797341.44000000</valUSD>
        <pctVal>1.389822269114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BRYO2 05.000 SP A15-E25 12/20/2025 MSCSNY LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS2714"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>588387.71000000</valUSD>
        <pctVal>0.092954712262</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.HY.35</indexName>
                <indexIdentifier>2I65BRYO2</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2025-12-20</terminationDt>
            <upfrontPmnt>-10000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>10405000.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>10000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>183387.71000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN ENTERTAINMENT INC</name>
        <lei>549300P8YYCKQVJ0Y638</lei>
        <title>GOLDEN ENTERTAINMENT INC 0.00000000</title>
        <cusip>381013101</cusip>
        <identifiers>
          <isin value="US3810131017"/>
        </identifiers>
        <balance>202257.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6824151.18000000</valUSD>
        <pctVal>1.078093574343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BABSN 2021-1A B V/R 04/25/34</name>
        <lei>N/A</lei>
        <title>BARINGS CLO LTD 2021-I SER 2021-1A CL B V/R REGD 144A P/P 6.28748000</title>
        <cusip>06762EAC8</cusip>
        <identifiers>
          <isin value="US06762EAC84"/>
        </identifiers>
        <balance>13505000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13512385.88000000</valUSD>
        <pctVal>2.134714780934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.28748000</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>CHURCHILL CAPITAL CORP IX</name>
        <lei>N/A</lei>
        <title>CHURCHILL CAPITAL CORP IX 0.00000000</title>
        <cusip>G21301125</cusip>
        <identifiers>
          <isin value="KYG213011250"/>
        </identifiers>
        <balance>27458.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>285014.04000000</valUSD>
        <pctVal>0.045027109894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CRINETICS PHARMACEUTICALS IN</name>
        <lei>549300Q1CNFXK5P31D28</lei>
        <title>CRINETICS PHARMACEUTICALS IN 0.00000000</title>
        <cusip>22663K107</cusip>
        <identifiers>
          <isin value="US22663K1079"/>
        </identifiers>
        <balance>212121.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12133321.20000000</valUSD>
        <pctVal>1.916847279043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BYEG6 01.000 SP A3 - E7  12/20/2029 GOLDNY LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS6894"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-877854.64000000</valUSD>
        <pctVal>-0.13868529896</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.IG.43</indexName>
                <indexIdentifier>2I65BYEG6</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2029-12-20</terminationDt>
            <upfrontPmnt>-20000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>18850000.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>20000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>272145.36000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN STRAT INC OPP-R6</name>
        <lei>N/A</lei>
        <title>JPMORGAN STRATEGIC INCOME OPPORTUNITIES FUND CL R6 0.00000000</title>
        <cusip>48121L114</cusip>
        <identifiers>
          <isin value="US48121L1145"/>
        </identifiers>
        <balance>5801518.16400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>66311352.61000000</valUSD>
        <pctVal>10.47600518646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNTINGTON CAPTL  V/R 02/01/27</name>
        <lei>N/A</lei>
        <title>HUNTINGTON CAPTL TRUST I REGD V/R 5.54698000</title>
        <cusip>446283AD5</cusip>
        <identifiers>
          <isin value="US446283AD57"/>
        </identifiers>
        <balance>2678000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2568796.22000000</valUSD>
        <pctVal>0.405823761158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.54698000</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>GENWORTH HOLDINGS V/R 11/15/36</name>
        <lei>N/A</lei>
        <title>GENWORTH HOLDINGS INC REGD V/R 6.78757000</title>
        <cusip>37247DAG1</cusip>
        <identifiers>
          <isin value="US37247DAG16"/>
        </identifiers>
        <balance>8018000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6576953.72000000</valUSD>
        <pctVal>1.039040806286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.78757000</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>ANCHC 2021-18A A V/R 04/15/34</name>
        <lei>N/A</lei>
        <title>ANCHORAGE CAPITAL CLO 18 LTD SER 2021-18A CL A1 V/R REGD 144A P/P 6.06751000</title>
        <cusip>03331AAA9</cusip>
        <identifiers>
          <isin value="US03331AAA97"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5009121.50000000</valUSD>
        <pctVal>0.791351416434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.06751000</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>GMCAR 2023-1 A 4.66% 08/16/26</name>
        <lei>N/A</lei>
        <title>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-1 SER 2023-1 CL A3 REGD 4.66000000</title>
        <cusip>38013JAD5</cusip>
        <identifiers>
          <isin value="US38013JAD54"/>
        </identifiers>
        <balance>4880000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4880892.06000000</valUSD>
        <pctVal>0.771093463224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.66000000</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>ABFC 2003-OPT1 A V/R 04/25/33</name>
        <lei>N/A</lei>
        <title>ABFC 2003-OPT1 TRUST SER 2003-OPT1 CL A3 V/R REGD 5.38219000</title>
        <cusip>04542BDG4</cusip>
        <identifiers>
          <isin value="US04542BDG41"/>
        </identifiers>
        <balance>3883741.63000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3870529.92000000</valUSD>
        <pctVal>0.611474354244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.38219000</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>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BYEG6 01.000 SP A3 - E7 12/20/2029 MSCSNY LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS6895"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-877854.64000000</valUSD>
        <pctVal>-0.13868529896</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.IG.43</indexName>
                <indexIdentifier>2I65BYEG6</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2029-12-20</terminationDt>
            <upfrontPmnt>-20000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>18824000.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>20000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>298145.36000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BRAA6 05.000 SP 12/20/2026 A15 - E25  GOLDNY LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS6675"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1477999.03000000</valUSD>
        <pctVal>0.233497355949</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.HY.37</indexName>
                <indexIdentifier>2I65BRAA6</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2026-12-20</terminationDt>
            <upfrontPmnt>-15000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>16228500.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>15000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>249499.03000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STACR 2018-HRP1  V/R 04/25/43</name>
        <lei>N/A</lei>
        <title>STACR TRUST 2018-HRP1 SER 2018-HRP1 CL B1 V/R REGD 144A P/P 8.59851000</title>
        <cusip>3137G0VA4</cusip>
        <identifiers>
          <isin value="US3137G0VA44"/>
        </identifiers>
        <balance>3906010.23000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4022652.68000000</valUSD>
        <pctVal>0.635507023764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.59851000</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>STACR 2019-HRP1  V/R 02/25/49</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-HRP1 SER 2019-HRP1 CL B2 V/R REGD 144A P/P 14.34851000</title>
        <cusip>35564RCC6</cusip>
        <identifiers>
          <isin value="US35564RCC60"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5772373.00000000</valUSD>
        <pctVal>0.911931473360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>14.34851000</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>ABSHE 2007-HE1 A V/R 12/25/36</name>
        <lei>N/A</lei>
        <title>ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST SERIES SER 2007-HE1 CL A4 V/R REGD 4.98219000</title>
        <cusip>04544RAC9</cusip>
        <identifiers>
          <isin value="US04544RAC97"/>
        </identifiers>
        <balance>770458.62000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>758341.93000000</valUSD>
        <pctVal>0.119804432862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.98219000</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>WELF 2019-1A A2R V/R 07/20/32</name>
        <lei>N/A</lei>
        <title>WELLFLEET CLO 2019-1 LTD SER 2019-1A CL A2R V/R REGD 144A P/P 6.67901000</title>
        <cusip>94950NAQ5</cusip>
        <identifiers>
          <isin value="US94950NAQ51"/>
        </identifiers>
        <balance>2850000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2855836.80000000</valUSD>
        <pctVal>0.451171028050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.67901000</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>CAS 2016-C03 2M2 V/R 10/25/28</name>
        <lei>N/A</lei>
        <title>FANNIE MAE CONNECTICUT AVENUE SECURITIES SER 2016-C03 CL 2M2 V/R REGD 10.74851000</title>
        <cusip>30711XCT9</cusip>
        <identifiers>
          <isin value="US30711XCT90"/>
        </identifiers>
        <balance>1724348.85000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1795786.38000000</valUSD>
        <pctVal>0.283702061414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.74851000</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>DYNAMIX CORP</name>
        <lei>N/A</lei>
        <title>DYNAMIX CORP 0.00000000</title>
        <cusip>G2949D120</cusip>
        <identifiers>
          <isin value="KYG2949D1209"/>
        </identifiers>
        <balance>482000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4800720.00000000</valUSD>
        <pctVal>0.758427714701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STACR 2019-HQA2  V/R 04/25/49</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-HQA2 SER 2019-HQA2 CL B1 V/R REGD 144A P/P 8.94851000</title>
        <cusip>35564MBD6</cusip>
        <identifiers>
          <isin value="US35564MBD65"/>
        </identifiers>
        <balance>5500000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5897222.10000000</valUSD>
        <pctVal>0.931655393438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.94851000</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>STACR 2020-DNA6  V/R 12/25/50</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2020-DNA6 SER 2020-DNA6 CL B2 V/R REGD 144A P/P 10.38403000</title>
        <cusip>35566CBE4</cusip>
        <identifiers>
          <isin value="US35566CBE49"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1710929.55000000</valUSD>
        <pctVal>0.270296203198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.38403000</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>SASC 2007-BC3 2A V/R 06/25/13</name>
        <lei>N/A</lei>
        <title>STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUS SER 2007-BC3 CL 2A3 V/R REGD 4.88219000</title>
        <cusip>86363WAG4</cusip>
        <identifiers>
          <isin value="US86363WAG42"/>
        </identifiers>
        <balance>581065.85000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>561865.57000000</valUSD>
        <pctVal>0.088764689509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.88219000</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>STACR 2019-DNA4  V/R 10/25/49</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-DNA4 SER 2019-DNA4 CL B2 V/R REGD 144A P/P 11.09851000</title>
        <cusip>35565ABE9</cusip>
        <identifiers>
          <isin value="US35565ABE91"/>
        </identifiers>
        <balance>4588000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5040930.57000000</valUSD>
        <pctVal>0.796376679367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>11.09851000</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>STACR 2017-HQA3  V/R 04/25/30</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR DEBT NOTES 2017-HQA3 SER 2017-HQA3 CL B1 V/R REGD 9.29851000</title>
        <cusip>3137G0SE0</cusip>
        <identifiers>
          <isin value="US3137G0SE03"/>
        </identifiers>
        <balance>4290000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4700640.95000000</valUSD>
        <pctVal>0.742617018559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.29851000</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>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BRZP8 05.000 SP 12/20/2028 A25 - E35  MSCSNY LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS5747"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4792484.67000000</valUSD>
        <pctVal>0.757126680166</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.HY.41</indexName>
                <indexIdentifier>2I65BRZP8</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <terminationDt>2028-12-20</terminationDt>
            <upfrontPmnt>-30000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>31366800.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>30000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>3425684.67000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MLMI 2006-OPT1 A V/R 08/25/37</name>
        <lei>N/A</lei>
        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST SE SER 2006-OPT1 CL A2C V/R REGD 5.00219000</title>
        <cusip>59022VAD3</cusip>
        <identifiers>
          <isin value="US59022VAD38"/>
        </identifiers>
        <balance>1355856.38000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1274902.67000000</valUSD>
        <pctVal>0.201411771249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00219000</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>STCR 2016-1A ER V/R 06/15/31</name>
        <lei>N/A</lei>
        <title>STEELE CREEK CLO 2016-1 LTD SER 2016-1A CL ER V/R REGD 144A P/P 10.95825000</title>
        <cusip>85816TAF8</cusip>
        <identifiers>
          <isin value="US85816TAF84"/>
        </identifiers>
        <balance>380000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>307411.53000000</valUSD>
        <pctVal>0.048565511875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.95825000</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>SERVICE PROPERT 4.75% 10/01/26</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>SERVICE PROPERTIES TRUST REGD 4.75000000</title>
        <cusip>44106MBA9</cusip>
        <identifiers>
          <isin value="US44106MBA99"/>
        </identifiers>
        <balance>-1396000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-1344060.28000000</valUSD>
        <pctVal>-0.21233743408</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OAKTREE ACQUISITION III LIFE</name>
        <lei>N/A</lei>
        <title>OAKTREE ACQUISITION III LIFE 0.00000000</title>
        <cusip>G6717R120</cusip>
        <identifiers>
          <isin value="KYG6717R1204"/>
        </identifiers>
        <balance>500465.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5034677.90000000</valUSD>
        <pctVal>0.795388869576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACCR 2006-2 M1 V/R 09/25/36</name>
        <lei>N/A</lei>
        <title>ACCREDITED MORTGAGE LOAN TRUST 2006-2 SER 2006-2 CL M1 V/R REGD 4.97219000</title>
        <cusip>00437NAE2</cusip>
        <identifiers>
          <isin value="US00437NAE22"/>
        </identifiers>
        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2295611.52000000</valUSD>
        <pctVal>0.362665474961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.97219000</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>BSP 2021-24A B V/R 10/20/34</name>
        <lei>N/A</lei>
        <title>BENEFIT STREET PARTNERS CLO XXIV LTD SER 2021-24A CL B V/R REGD 144A P/P 6.57901000</title>
        <cusip>08182NAC6</cusip>
        <identifiers>
          <isin value="US08182NAC65"/>
        </identifiers>
        <balance>4300000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4309997.50000000</valUSD>
        <pctVal>0.680902355124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.57901000</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>CARR 2006-NC3 A3 V/R 08/25/36</name>
        <lei>N/A</lei>
        <title>CARRINGTON MORTGAGE LOAN TRUST SERIES 2006-NC3 SER 2006-NC3 CL A3 V/R REGD 4.85219000</title>
        <cusip>144528AC0</cusip>
        <identifiers>
          <isin value="US144528AC05"/>
        </identifiers>
        <balance>1737180.32000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1682744.91000000</valUSD>
        <pctVal>0.265843535243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.85219000</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>STACR 2019-DNA3  V/R 07/25/49</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-DNA3 SER 2019-DNA3 CL B2 V/R REGD 144A P/P 12.99851000</title>
        <cusip>35564TBE9</cusip>
        <identifiers>
          <isin value="US35564TBE91"/>
        </identifiers>
        <balance>4870000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5595942.65000000</valUSD>
        <pctVal>0.884058640295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>12.99851000</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>STACR 2020-HQA4  V/R 09/25/50</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2020-HQA4 SER 2020-HQA4 CL B2 V/R REGD 144A P/P 14.24851000</title>
        <cusip>35565RBE2</cusip>
        <identifiers>
          <isin value="US35565RBE27"/>
        </identifiers>
        <balance>1260000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1660922.55000000</valUSD>
        <pctVal>0.262395993495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>14.24851000</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>SASC 2005-WF4 M8 V/R 11/25/35</name>
        <lei>N/A</lei>
        <title>STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUS SER 2005-WF4 CL M8 V/R REGD 7.32719000</title>
        <cusip>863576DN1</cusip>
        <identifiers>
          <isin value="US863576DN13"/>
        </identifiers>
        <balance>2600000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2527851.82000000</valUSD>
        <pctVal>0.399355279821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.32719000</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>SDART 2022-2 B 3.44% 08/15/25</name>
        <lei>N/A</lei>
        <title>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2022-2 SER 2022-2 CL B REGD 3.44000000</title>
        <cusip>80286MAD0</cusip>
        <identifiers>
          <isin value="US80286MAD02"/>
        </identifiers>
        <balance>5266097.97000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5243270.49000000</valUSD>
        <pctVal>0.828342760104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.44000000</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>T/L CROWN SUBSEA  ZCP 01/30/31</name>
        <lei>5493003AYLUE132FIO27</lei>
        <title>T/L CROWN SUBSEA COMMUNICATI REGD ZCP TERM LOAN 0.00000000</title>
        <cusip>22860EAJ1</cusip>
        <identifiers>
          <isin value="US22860EAJ10"/>
        </identifiers>
        <balance>4007955.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4055569.51000000</valUSD>
        <pctVal>0.640707292922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.57258000</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>HMBT 2005-4 M3 V/R 10/25/35</name>
        <lei>N/A</lei>
        <title>HOMEBANC MORTGAGE TRUST 2005-4 SER 2005-4 CL M3 V/R REGD 5.51219000</title>
        <cusip>43739EBW6</cusip>
        <identifiers>
          <isin value="US43739EBW66"/>
        </identifiers>
        <balance>2448030.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2296764.51000000</valUSD>
        <pctVal>0.362847626715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.51219000</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>STACR 2016-DNA4  V/R 03/25/29</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR DEBT NOTES 2016-DNA4 SER 2016-DNA4 CL B V/R REGD 13.44851000</title>
        <cusip>3137G0LK3</cusip>
        <identifiers>
          <isin value="US3137G0LK36"/>
        </identifiers>
        <balance>1058503.34000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1153203.29000000</valUSD>
        <pctVal>0.182185450478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>13.44851000</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>T/L RECESS HOLDING 0% 02/14/30</name>
        <lei>N/A</lei>
        <title>T/L RECESS HOLDINGS INC REGD 0.00000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LOANX" value="LX226754"/>
        </identifiers>
        <balance>3995920.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4035879.20000000</valUSD>
        <pctVal>0.637596576860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.08537000</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>RAMP 2004-RS8 MI V/R 08/25/34</name>
        <lei>N/A</lei>
        <title>RAMP SERIES 2004-RS8 TRUST SER 2004-RS8 CL MII2 V/R REGD 6.42719000</title>
        <cusip>76112BAN0</cusip>
        <identifiers>
          <isin value="US76112BAN01"/>
        </identifiers>
        <balance>2049043.45000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2053539.26000000</valUSD>
        <pctVal>0.324422396642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.42719000</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>Federated Investors, Inc.</name>
        <lei>R05X5UQ874RGFF7HHD84</lei>
        <title>Federated Government Obligations Fund</title>
        <cusip>608919718</cusip>
        <identifiers>
          <isin value="US6089197189"/>
        </identifiers>
        <balance>2694855.00000000</balance>
        <units>OU</units>
        <descOthUnits>N/A</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>2694855.00000000</valUSD>
        <pctVal>0.425738788994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="2694855.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WILLIAMS SCOTS 6.125% 06/15/25</name>
        <lei>N/A</lei>
        <title>WILLIAMS SCOTSMAN INC REGD 144A P/P 6.12500000</title>
        <cusip>71953LAA9</cusip>
        <identifiers>
          <isin value="US71953LAA98"/>
        </identifiers>
        <balance>6444000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6427890.00000000</valUSD>
        <pctVal>1.015491410257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAS 2016-C06 1B V/R 04/25/29</name>
        <lei>N/A</lei>
        <title>FANNIE MAE CONNECTICUT AVENUE SECURITIES SER 2016-C06 CL 1B V/R REGD 14.09851000</title>
        <cusip>30711XDY7</cusip>
        <identifiers>
          <isin value="US30711XDY76"/>
        </identifiers>
        <balance>4632164.23000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5126930.32000000</valUSD>
        <pctVal>0.809963098458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>14.09851000</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>TMTS 2006-5 1A2C V/R 07/25/37</name>
        <lei>N/A</lei>
        <title>TERWIN MORTGAGE TRUST 2006-5 SER 2006-5 CL 1A2C V/R REGD 144A P/P 5.30219000</title>
        <cusip>8815612G8</cusip>
        <identifiers>
          <isin value="US8815612G86"/>
        </identifiers>
        <balance>6738000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6468239.45000000</valUSD>
        <pctVal>1.021865900157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.30219000</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>STACR 2019-DNA2  V/R 03/25/49</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-DNA2 SER 2019-DNA2 CL B2 V/R REGD 144A P/P 15.34851000</title>
        <cusip>35564LBE6</cusip>
        <identifiers>
          <isin value="US35564LBE65"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5921717.50000000</valUSD>
        <pctVal>0.935525227597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>15.34851000</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>N/A</name>
        <lei>N/A</lei>
        <title>TRR SPDR S&amp;P REGIONAL BANKING ETF_</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="TRSB17N7T6USD"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-52290.70000000</valUSD>
        <pctVal>-0.00826099337</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY AND REC</counterpartyName>
              <counterpartyLei>4PQUHN3JPFGFNF3BB653</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CFD SPDR S&amp;P REGIONAL BANKING ETF</issuerName>
                <issueTitle>CFD SPDR S&amp;P REGIONAL BANKING ETF</issueTitle>
                <identifiers>
                  <cusip value="78464A698"/>
                  <ticker value="KRE.P"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Performance leg</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="1-Month FED" floatingRtSpread="-0.50" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="9126" resetDt="Day" resetDtUnit="9126"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2049-12-31</terminationDt>
            <upfrontPmnt>-2247481.45000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>2247481.45000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>2247481.45000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-52290.70000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAS 2019-HRP1 B1 V/R 11/25/39</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES TRUST 2019-HRP1 SER 2019-HRP1 CL B1 V/R REGD 144A P/P 14.09851000</title>
        <cusip>20754PAD2</cusip>
        <identifiers>
          <isin value="US20754PAD24"/>
        </identifiers>
        <balance>8200000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9057286.22000000</valUSD>
        <pctVal>1.430888885256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>14.09851000</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>DBALT 2007-OA5 A V/R 12/25/15</name>
        <lei>N/A</lei>
        <title>DEUTSCHE ALT-A SECURITIES MORTGAGE LOAN TRUST SERI SER 2007-OA5 CL A1A V/R REGD 5.10219000</title>
        <cusip>25150XAA0</cusip>
        <identifiers>
          <isin value="US25150XAA00"/>
        </identifiers>
        <balance>3187698.38000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2967906.26000000</valUSD>
        <pctVal>0.468875994063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.10219000</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>VISTRA CORP V/R /PERP/</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>VISTRA CORP REGD V/R /PERP/ 144A P/P 7.00000000</title>
        <cusip>92840MAC6</cusip>
        <identifiers>
          <isin value="US92840MAC64"/>
        </identifiers>
        <balance>13154000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13278979.71000000</valUSD>
        <pctVal>2.097840789510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2173-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.00000000</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>SIX FLAGS THEME PA 7% 07/01/25</name>
        <lei>N/A</lei>
        <title>SIX FLAGS THEME PARKS REGD 144A P/P 7.00000000</title>
        <cusip>83001WAC8</cusip>
        <identifiers>
          <isin value="US83001WAC82"/>
        </identifiers>
        <balance>2388000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2387013.52000000</valUSD>
        <pctVal>0.377105352725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>VIBR 2018-8A A1B V/R 01/20/31</name>
        <lei>N/A</lei>
        <title>VIBRANT CLO VIII LTD SER 2018-8A CL A1B V/R REGD 144A P/P 6.12901000</title>
        <cusip>92558FAJ8</cusip>
        <identifiers>
          <isin value="US92558FAJ84"/>
        </identifiers>
        <balance>1291000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1292700.38000000</valUSD>
        <pctVal>0.204223490434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.12901000</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>ARROW BIDCO LL 10.75% 06/15/25</name>
        <lei>N/A</lei>
        <title>ARROW BIDCO LLC REGD 144A P/P 10.75000000</title>
        <cusip>042728AB1</cusip>
        <identifiers>
          <isin value="US042728AB18"/>
        </identifiers>
        <balance>11923000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12122197.56000000</valUSD>
        <pctVal>1.915089943297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.75000000</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>MABS 2004-WMC1 M V/R 02/25/34</name>
        <lei>N/A</lei>
        <title>MASTR ASSET BACKED SECURITIES TRUST 2004-WMC1 SER 2004-WMC1 CL M1 V/R REGD 5.48219000</title>
        <cusip>57643LCW4</cusip>
        <identifiers>
          <isin value="US57643LCW46"/>
        </identifiers>
        <balance>1703198.41000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1797756.58000000</valUSD>
        <pctVal>0.284013317702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.48219000</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>BABSN 2020-1A BR V/R 10/15/36</name>
        <lei>N/A</lei>
        <title>BARINGS CLO LTD 2020-I SER 2020-1A CL BR V/R REGD 144A P/P 6.56751000</title>
        <cusip>06762LAN8</cusip>
        <identifiers>
          <isin value="US06762LAN82"/>
        </identifiers>
        <balance>2860000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2862283.14000000</valUSD>
        <pctVal>0.452189434230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.56751000</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>XENON PHARMACEUTICALS INC</name>
        <lei>549300XV44Q9Z1MIPQ03</lei>
        <title>XENON PHARMACEUTICALS INC 0.00000000</title>
        <cusip>98420N105</cusip>
        <identifiers>
          <isin value="CA98420N1050"/>
        </identifiers>
        <balance>255592.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10895886.96000000</valUSD>
        <pctVal>1.721354848171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STACR 2015-DNA2  V/R 12/25/27</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR DEBT NOTES 2015-DNA2 SER 2015-DNA2 CL B V/R REGD 12.39851000</title>
        <cusip>3137G0FZ7</cusip>
        <identifiers>
          <isin value="US3137G0FZ78"/>
        </identifiers>
        <balance>4635687.64000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4783363.03000000</valUSD>
        <pctVal>0.755685624537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>12.39851000</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>GXO LOGISTICS INC</name>
        <lei>5493007CNWMXN78JRN66</lei>
        <title>GXO LOGISTICS INC 0.00000000</title>
        <cusip>36262G101</cusip>
        <identifiers>
          <isin value="US36262G1013"/>
        </identifiers>
        <balance>67720.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4119407.60000000</valUSD>
        <pctVal>0.650792566946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIRIDIAN THERAPEUTICS INC</name>
        <lei>549300C775BNYF550E70</lei>
        <title>VIRIDIAN THERAPEUTICS INC 0.00000000</title>
        <cusip>92790C104</cusip>
        <identifiers>
          <isin value="US92790C1045"/>
        </identifiers>
        <balance>231118.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4980592.90000000</valUSD>
        <pctVal>0.786844408964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STRUCTURED ASSET INV 2004-2 A4 20340325 FLT</name>
        <lei>N/A</lei>
        <title>STRUCTURED ASSET INV 2004-2 A4 20340325 FLT 5.40719000</title>
        <cusip>86358EGW0</cusip>
        <identifiers>
          <isin value="US86358EGW03"/>
        </identifiers>
        <balance>2648521.26000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2689075.42000000</valUSD>
        <pctVal>0.424825718944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.40719000</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>NHEL 2006-1 A2C V/R 05/25/36</name>
        <lei>N/A</lei>
        <title>NOVASTAR MORTGAGE FUNDING TRUST SERIES 2006-1 SER 2006-1 CL A2C V/R REGD 5.02219000</title>
        <cusip>669884AD0</cusip>
        <identifiers>
          <isin value="US669884AD08"/>
        </identifiers>
        <balance>444788.28000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>441386.98000000</valUSD>
        <pctVal>0.069731231677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.02219000</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>CAS 2016-C04 1B V/R 01/25/29</name>
        <lei>N/A</lei>
        <title>FANNIE MAE CONNECTICUT AVENUE SECURITIES SER 2016-C04 CL 1B V/R REGD 15.09851000</title>
        <cusip>30711XDB7</cusip>
        <identifiers>
          <isin value="US30711XDB73"/>
        </identifiers>
        <balance>1256736.64000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1423528.46000000</valUSD>
        <pctVal>0.224891982188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>15.09851000</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>N/A</name>
        <lei>N/A</lei>
        <title>CXT 2I65BYED3 01.000 A3-E7 BP 12/20/2028 GOLDNY LONG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CLIENT ID" value="SCCDS7007"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>199492.04000000</valUSD>
        <pctVal>0.031516166741</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CDX.NA.IG.41</indexName>
                <indexIdentifier>2I65BYED3</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2028-12-20</terminationDt>
            <upfrontPmnt>-20000000.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>20508000.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>20000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-308507.96000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEPTERNA INC</name>
        <lei>N/A</lei>
        <title>SEPTERNA INC 0.00000000</title>
        <cusip>81734D104</cusip>
        <identifiers>
          <isin value="US81734D1046"/>
        </identifiers>
        <balance>127467.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3223640.43000000</valUSD>
        <pctVal>0.509277409293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REVOLUTION MEDICI WRT 11/14/28</name>
        <lei>N/A</lei>
        <title>REVOLUTION MEDICINES INC WARRANT EXPIRES 11/14/28 0.00000000</title>
        <cusip>76155X118</cusip>
        <identifiers>
          <isin value="US76155X1182"/>
        </identifiers>
        <balance>88320.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>31070.98000000</valUSD>
        <pctVal>0.004908657941</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>REVOLUTION MEDICI</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>REVOLUTION MEDICI</issuerName>
                <issueTitle>REVOLUTION MEDICI</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <principalAmt>88320.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-11-14</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>31070.98000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MACY'S RETAIL  5.125% 01/15/42</name>
        <lei>N/A</lei>
        <title>MACY'S RETAIL HLDGS LLC REGD 5.12500000</title>
        <cusip>55616XAG2</cusip>
        <identifiers>
          <isin value="US55616XAG25"/>
        </identifiers>
        <balance>7188000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5533314.49000000</valUSD>
        <pctVal>0.874164513525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VENTR 2014-18A E V/R 10/15/29</name>
        <lei>N/A</lei>
        <title>VENTURE XVIII CLO LTD SER 2014-18A CL ER V/R REGD P/P 11.50751000</title>
        <cusip>92329HAH6</cusip>
        <identifiers>
          <isin value="US92329HAH66"/>
        </identifiers>
        <balance>1030000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>666925.00000000</valUSD>
        <pctVal>0.105362196426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>11.50751000</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>STACR 2016-DNA1  V/R 07/25/28</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR DEBT NOTES 2016-DNA1 SER 2016-DNA1 CL B V/R REGD 14.84851000</title>
        <cusip>3137G0HZ5</cusip>
        <identifiers>
          <isin value="US3137G0HZ50"/>
        </identifiers>
        <balance>1904444.02000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2055392.35000000</valUSD>
        <pctVal>0.324715151649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>14.84851000</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>SASC 2006-BC6 A4 V/R 01/25/37</name>
        <lei>N/A</lei>
        <title>STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUS SER 2006-BC6 CL A4 V/R REGD 4.87219000</title>
        <cusip>86362VAD4</cusip>
        <identifiers>
          <isin value="US86362VAD47"/>
        </identifiers>
        <balance>253500.02000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>251365.09000000</valUSD>
        <pctVal>0.039711178899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.87219000</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>FNBA 2004-AR1 M2 V/R 08/19/34</name>
        <lei>N/A</lei>
        <title>FNBA MORTGAGE LOAN TRUST 2004-AR1 SER 2004-AR1 CL M2 V/R REGD 6.37493000</title>
        <cusip>30251YAE8</cusip>
        <identifiers>
          <isin value="US30251YAE86"/>
        </identifiers>
        <balance>2213058.89000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2342359.51000000</valUSD>
        <pctVal>0.370050819497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.37493000</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>SASC 2006-GEL1 M V/R 11/25/35</name>
        <lei>N/A</lei>
        <title>STRUCTURED ASSET SECURITIES CORP MORTGAGE L SER 2006-GEL1 CL M2 V/R REGD 144A P/P 5.90219000</title>
        <cusip>863576EH3</cusip>
        <identifiers>
          <isin value="US863576EH36"/>
        </identifiers>
        <balance>335368.96000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>333517.46000000</valUSD>
        <pctVal>0.052689780908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.90219000</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>CALIDI BIOTHERAPE WRT 09/10/26</name>
        <lei>N/A</lei>
        <title>CALIDI BIOTHERAPEUTICS INC____  WARRANT EXPIRES 09/10/26 0.00000000</title>
        <cusip>320703119</cusip>
        <identifiers>
          <isin value="US3207031192"/>
        </identifiers>
        <balance>556875.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3452.63000000</valUSD>
        <pctVal>0.000545453657</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>CALIDI BIOTHERAPE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CALIDI BIOTHERAPE</issuerName>
                <issueTitle>CALIDI BIOTHERAPE</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <principalAmt>556875.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-09-10</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>3452.63000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMAC 2007-CH4 A V/R 11/25/13</name>
        <lei>N/A</lei>
        <title>JP MORGAN MORTGAGE ACQUISITION TRUST 2007-CH4 SER 2007-CH4 CL A5 V/R REGD 4.94219000</title>
        <cusip>46630CAE4</cusip>
        <identifiers>
          <isin value="US46630CAE49"/>
        </identifiers>
        <balance>356525.84000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>354931.67000000</valUSD>
        <pctVal>0.056072842272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.94219000</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>HAYMAKER ACQUISIT WRT 09/12/28</name>
        <lei>N/A</lei>
        <title>HAYMAKER ACQUISITION CORP 4___  WARRANT EXPIRES 09/12/28 0.00000000</title>
        <cusip>G4375F116</cusip>
        <identifiers>
          <isin value="KYG4375F1164"/>
        </identifiers>
        <balance>146171.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17569.75000000</valUSD>
        <pctVal>0.002775705590</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>HAYMAKER ACQUISIT</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>HAYMAKER ACQUISIT</issuerName>
                <issueTitle>HAYMAKER ACQUISIT</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <principalAmt>146171.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-09-12</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>17569.75000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2024-12-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Brinker Capital Destinations Trust</ncom:nameOfApplicant>
      <ncom:signature>Brian Ferko</ncom:signature>
      <ncom:signerName>Brian Ferko</ncom:signerName>
      <ncom:title>Chief Operating Officer and Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
