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      <regCik>0001710607</regCik>
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      <regStreet1>4500 Main St</regStreet1>
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      <seriesId>S000072410</seriesId>
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      <totLiabs>2044782.130000000000</totLiabs>
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        <name>MoneyGram International Inc</name>
        <lei>5299002DLX0Q04KC4156</lei>
        <title>MoneyGram International Inc 5.38 08/01/2026</title>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>National Health Investors Inc</name>
        <lei>549300ZPKZIG6DKDEC02</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Nationstar Mortgage Holdings Inc</name>
        <lei>N/A</lei>
        <title>Nationstar Mortgage Holdings Inc 6.00 01/15/2027</title>
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        <valUSD>432550.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
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        <name>Navient Corp</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp 4.88 03/15/2028</title>
        <cusip>63938CAL2</cusip>
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          <ticker value="NAVI"/>
          <other otherDesc="SEDOL" value="BMVHFL9"/>
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        <balance>385000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>392299.6000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</annualizedRt>
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      <invstOrSec>
        <name>Novelis Corp</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>Novelis Corp 4.75 01/30/2030</title>
        <cusip>670001AE6</cusip>
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          <ticker value="HNDLIN"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OHA Credit Funding</name>
        <lei>N/A</lei>
        <title>OHA Credit Funding 1 LTD 3.18</title>
        <cusip>67115WAL4</cusip>
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          <ticker value="OAKC"/>
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        <balance>500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>501751.8000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.184250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oaktown Re V Ltd</name>
        <lei>N/A</lei>
        <title>Oaktown Re V Ltd 2.48</title>
        <cusip>67401JAA0</cusip>
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          <isin value="US67401JAA07"/>
          <ticker value="OMIR"/>
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        <balance>320365.8200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>320784.8300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.484380000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Occidental Petroleum Corp</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp 6.38 09/01/2028</title>
        <cusip>674599EC5</cusip>
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          <isin value="US674599EC50"/>
          <ticker value="OXY"/>
          <other otherDesc="SEDOL" value="BN15X94"/>
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        <balance>205000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>243477.4800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Occidental Petroleum Corp</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp 6.13 01/01/2031</title>
        <cusip>674599EF8</cusip>
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          <isin value="US674599EF81"/>
          <ticker value="OXY"/>
          <other otherDesc="SEDOL" value="BMHLJ91"/>
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        <balance>200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>242119.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000000</annualizedRt>
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      <invstOrSec>
        <name>Octagon Investment Partners Lt</name>
        <lei>N/A</lei>
        <title>Octagon Investment Partners 18-R Ltd 2.83</title>
        <cusip>67576FAJ8</cusip>
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          <ticker value="OCT18"/>
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        <balance>800000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>784944.9600000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-16</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>M&amp;T Bank Corp</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp (pfd) 3.50% 03/01/2170 Perpetual</title>
        <cusip>55261FAN4</cusip>
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          <ticker value="MTB"/>
          <other otherDesc="SEDOL" value="BPCKX47"/>
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        <balance>123000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>125583.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEG Energy Corp</name>
        <lei>5493002WXPTG5ZC1T326</lei>
        <title>MEG Energy Corp 5.88 02/01/2029</title>
        <cusip>552704AF5</cusip>
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          <isin value="US552704AF51"/>
          <ticker value="MEGCN"/>
          <other otherDesc="SEDOL" value="BMDJ3P3"/>
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        <balance>325000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335141.6300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAPS 2021-1 Trust</name>
        <lei>N/A</lei>
        <title>MAPS 2021-1 Trust 2.52</title>
        <cusip>55292RAA9</cusip>
        <identifiers>
          <isin value="US55292RAA95"/>
          <ticker value="MAPSL"/>
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        <balance>740400.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>750820.0900000000</valUSD>
        <pctVal>0.9056729567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.521000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MC Brazil Downstream Trading SARL</name>
        <lei>213800T2A7R9TYNXZI63</lei>
        <title>MC Brazil Downstream Trading SARL 7.25 06/30/2031</title>
        <cusip>55292WAA8</cusip>
        <identifiers>
          <isin value="US55292WAA80"/>
          <ticker value="MCBRAC"/>
          <other otherDesc="SEDOL" value="BNNTMV9"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>312693.0000000000</valUSD>
        <pctVal>0.3771843583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Blackbird Capital Aircraft</name>
        <lei>N/A</lei>
        <title>Blackbird Capital Aircraft 3.45</title>
        <cusip>09229CAB5</cusip>
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          <isin value="US09229CAB54"/>
          <ticker value="BBIRD"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508101.9000000000</valUSD>
        <pctVal>0.6128953610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.446000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BlackRock TCP Capital Corp</name>
        <lei>549300JU1XG1HF56J989</lei>
        <title>BlackRock TCP Capital Corp 2.85 02/09/2026</title>
        <cusip>09259EAB4</cusip>
        <identifiers>
          <isin value="US09259EAB48"/>
          <ticker value="TCPC"/>
          <other otherDesc="SEDOL" value="BNKFJX1"/>
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        <balance>210000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215041.6800000000</valUSD>
        <pctVal>0.2593929448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.850000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blue Racer Midstream LLC / Blue Racer Finance Corp</name>
        <lei>N/A</lei>
        <title>Blue Racer Midstream LLC / Blue Racer Finance Corp 7.63 12/15/2025</title>
        <cusip>095796AH1</cusip>
        <identifiers>
          <isin value="US095796AH17"/>
          <ticker value="BLURAC"/>
          <other otherDesc="SEDOL" value="BMYD741"/>
        </identifiers>
        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>346403.2000000000</valUSD>
        <pctVal>0.4178471175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.625000000000000</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>Builders FirstSource Inc</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource Inc 5.00 03/01/2030</title>
        <cusip>12008RAN7</cusip>
        <identifiers>
          <isin value="US12008RAN70"/>
          <ticker value="BLDR"/>
          <other otherDesc="SEDOL" value="BKLJ920"/>
        </identifiers>
        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>348156.2500000000</valUSD>
        <pctVal>0.4199617252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>CARS-DB4 LP</name>
        <lei>N/A</lei>
        <title>CARS-DB4 LP 3.19</title>
        <cusip>12510HAD2</cusip>
        <identifiers>
          <isin value="US12510HAD26"/>
          <ticker value="CAUTO"/>
        </identifiers>
        <balance>399166.6600000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410722.9300000000</valUSD>
        <pctVal>0.4954324683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.190000000000000</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>CARS-DB4 LP</name>
        <lei>N/A</lei>
        <title>CARS-DB4 LP 4.17</title>
        <cusip>12510HAG5</cusip>
        <identifiers>
          <isin value="US12510HAG56"/>
          <ticker value="CAUTO"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103766.3800000000</valUSD>
        <pctVal>0.1251676739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.170000000000000</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>CARS-DB4 LP</name>
        <lei>N/A</lei>
        <title>CARS-DB4 LP 4.52</title>
        <cusip>12510HAH3</cusip>
        <identifiers>
          <isin value="US12510HAH30"/>
          <ticker value="CAUTO"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105644.3700000000</valUSD>
        <pctVal>0.1274329899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.520000000000000</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>CHS/Community Health Systems Inc</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/Community Health Systems Inc 6.88 04/15/2029</title>
        <cusip>12543DBJ8</cusip>
        <identifiers>
          <isin value="US12543DBJ81"/>
          <ticker value="CYH"/>
          <other otherDesc="SEDOL" value="BMDMJ98"/>
        </identifiers>
        <balance>410000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426400.0000000000</valUSD>
        <pctVal>0.5143428551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000000</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>CI Financial Corp</name>
        <lei>549300M9W7JJQSVCEM78</lei>
        <title>CI Financial Corp 4.10 06/15/2051</title>
        <cusip>125491AP5</cusip>
        <identifiers>
          <isin value="US125491AP51"/>
          <ticker value="CIXCN"/>
          <other otherDesc="SEDOL" value="BNW0TL2"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>216383.0600000000</valUSD>
        <pctVal>0.2610109777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000000</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>CSMC 2020-AFC1 Trust</name>
        <lei>N/A</lei>
        <title>CSMC 2020-AFC1 Trust 2.84</title>
        <cusip>12597MAD7</cusip>
        <identifiers>
          <isin value="US12597MAD74"/>
          <ticker value="CSMC"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406415.6000000000</valUSD>
        <pctVal>0.4902367731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.841000000000000</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>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC 7.50 04/01/2028</title>
        <cusip>126307AY3</cusip>
        <identifiers>
          <isin value="US126307AY37"/>
          <ticker value="CSCHLD"/>
          <other otherDesc="SEDOL" value="BGSQL08"/>
        </identifiers>
        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>350800.0000000000</valUSD>
        <pctVal>0.4231507354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.500000000000000</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>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC 5.75 01/15/2030</title>
        <cusip>126307BA4</cusip>
        <identifiers>
          <isin value="US126307BA42"/>
          <ticker value="CSCHLD"/>
          <other otherDesc="SEDOL" value="BKFH0Y9"/>
        </identifiers>
        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>846416.0000000000</valUSD>
        <pctVal>1.0209850423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000000</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>CSN Resources SA</name>
        <lei>222100ZEX458NMOXZP08</lei>
        <title>CSN Resources SA 4.63 06/10/2031</title>
        <cusip>12644VAD0</cusip>
        <identifiers>
          <isin value="US12644VAD01"/>
          <ticker value="CSNABZ"/>
          <other otherDesc="SEDOL" value="BMZ1F84"/>
        </identifiers>
        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>831840.0000000000</valUSD>
        <pctVal>1.0034028156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</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>Caesars Resort Collection LLC / CRC Finco Inc</name>
        <lei>549300V3UCT773B1KR38</lei>
        <title>Caesars Resort Collection LLC / CRC Finco Inc 5.25 10/15/2025</title>
        <cusip>12652AAA1</cusip>
        <identifiers>
          <isin value="US12652AAA16"/>
          <ticker value="CGPHLC"/>
          <other otherDesc="SEDOL" value="BF5D6T9"/>
        </identifiers>
        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>324944.0000000000</valUSD>
        <pctVal>0.3919620654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>California Resources Corp</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>California Resources Corp 7.13 02/01/2026</title>
        <cusip>13057QAH0</cusip>
        <identifiers>
          <isin value="US13057QAH02"/>
          <ticker value="CRC"/>
          <other otherDesc="SEDOL" value="BMXYP52"/>
        </identifiers>
        <balance>80000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84022.4000000000</valUSD>
        <pctVal>0.1013515973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125000000000000</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>Callon Petroleum Co</name>
        <lei>549300EFOWPEB0WLZW21</lei>
        <title>Callon Petroleum Co 8.00 08/01/2028</title>
        <cusip>13123XBD3</cusip>
        <identifiers>
          <isin value="US13123XBD30"/>
          <ticker value="CPE"/>
          <other otherDesc="SEDOL" value="BP6C8J9"/>
        </identifiers>
        <balance>40000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38560.6000000000</valUSD>
        <pctVal>0.0465135298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000000</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>Calpine Corp</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
        <title>Calpine Corp 4.63 02/01/2029</title>
        <cusip>131347CP9</cusip>
        <identifiers>
          <isin value="US131347CP95"/>
          <ticker value="CPN"/>
          <other otherDesc="SEDOL" value="BN2YL41"/>
        </identifiers>
        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>326495.0000000000</valUSD>
        <pctVal>0.3938329514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</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>Capital One Financial Corp</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp (pfd) 3.95% 09/01/2170 Perpetual</title>
        <cusip>14040HCF0</cusip>
        <identifiers>
          <isin value="US14040HCF01"/>
          <ticker value="COF"/>
          <other otherDesc="SEDOL" value="BMCQHF3"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>415500.0000000000</valUSD>
        <pctVal>0.5011947849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carlyle Global Market Strategi</name>
        <lei>N/A</lei>
        <title>CARLYLE US CLO 2017-4 Ltd 1.98</title>
        <cusip>14315BAE6</cusip>
        <identifiers>
          <isin value="US14315BAE65"/>
          <ticker value="CGMS"/>
        </identifiers>
        <balance>1205000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1201440.5500000000</valUSD>
        <pctVal>1.4492316199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.976130000000000</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>Carnival Corp</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp 5.75 03/01/2027</title>
        <cusip>143658BN1</cusip>
        <identifiers>
          <isin value="US143658BN13"/>
          <ticker value="CCL"/>
          <other otherDesc="SEDOL" value="BMHYR18"/>
        </identifiers>
        <balance>245000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250797.9300000000</valUSD>
        <pctVal>0.3025237415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000000</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>CarVal CLO</name>
        <lei>N/A</lei>
        <title>CarVal CLO III Ltd 4.22</title>
        <cusip>14686WAS0</cusip>
        <identifiers>
          <isin value="US14686WAS08"/>
          <ticker value="CARVL"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501246.5500000000</valUSD>
        <pctVal>0.6046261295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.215750000000000</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>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc (pfd) 5.35% 11/15/2169 Perpetual</title>
        <cusip>172967GR6</cusip>
        <identifiers>
          <isin value="US172967GR68"/>
          <ticker value="C"/>
          <other otherDesc="SEDOL" value="B7YJC49"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>310275.0000000000</valUSD>
        <pctVal>0.3742676580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc (pfd) 3.88% 05/18/2170 Perpetual</title>
        <cusip>172967MV0</cusip>
        <identifiers>
          <isin value="US172967MV07"/>
          <ticker value="C"/>
          <other otherDesc="SEDOL" value="BMC9RY1"/>
        </identifiers>
        <balance>440000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>453750.0000000000</valUSD>
        <pctVal>0.5473336550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMC Networks Inc</name>
        <lei>549300VGG9K75226LR46</lei>
        <title>AMC Networks Inc 4.25 02/15/2029</title>
        <cusip>00164VAF0</cusip>
        <identifiers>
          <isin value="US00164VAF04"/>
          <ticker value="AMCX"/>
          <other otherDesc="SEDOL" value="BLCHH93"/>
        </identifiers>
        <balance>505000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501843.7500000000</valUSD>
        <pctVal>0.6053464990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</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>Owl Rock Technology Finance Corp</name>
        <lei>254900G5EZJSOD3UKL16</lei>
        <title>Owl Rock Technology Finance Corp 2.50 01/15/2027</title>
        <cusip>691205AG3</cusip>
        <identifiers>
          <isin value="US691205AG35"/>
          <ticker value="ORTFIN"/>
          <other otherDesc="SEDOL" value="BMFZLV1"/>
        </identifiers>
        <balance>550000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>553439.4100000000</valUSD>
        <pctVal>0.6675835044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000000</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>Owl Rock Capital Corp</name>
        <lei>2549000BD79OOCPF2L94</lei>
        <title>Owl Rock Capital Corp 3.40 07/15/2026</title>
        <cusip>69121KAE4</cusip>
        <identifiers>
          <isin value="US69121KAE47"/>
          <ticker value="ORCC"/>
          <other otherDesc="SEDOL" value="BNDCHF7"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>209417.6000000000</valUSD>
        <pctVal>0.2526089266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000000</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>American Airlines Inc/AAdvantage Loyalty IP Ltd</name>
        <lei>N/A</lei>
        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd 5.50 04/20/2026</title>
        <cusip>00253XAA9</cusip>
        <identifiers>
          <isin value="US00253XAA90"/>
          <ticker value="AAL"/>
          <other otherDesc="SEDOL" value="BM8H716"/>
        </identifiers>
        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>337680.0000000000</valUSD>
        <pctVal>0.4073248014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</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>AdaptHealth LLC</name>
        <lei>N/A</lei>
        <title>AdaptHealth LLC 4.63 08/01/2029</title>
        <cusip>00653VAC5</cusip>
        <identifiers>
          <isin value="US00653VAC54"/>
          <ticker value="ADAHEA"/>
          <other otherDesc="SEDOL" value="BLPK5Y0"/>
        </identifiers>
        <balance>405000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406640.2500000000</valUSD>
        <pctVal>0.4905077560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</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>Palmer Square CLO Ltd</name>
        <lei>549300PACXK2KP6J2T91</lei>
        <title>Palmer Square CLO 2015-2 Ltd 2.88</title>
        <cusip>69689CBC9</cusip>
        <identifiers>
          <isin value="US69689CBC91"/>
          <ticker value="PLMRS"/>
        </identifiers>
        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>749989.9500000000</valUSD>
        <pctVal>0.9046716045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.884250000000000</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>Palmer Square Loan Funding Ltd</name>
        <lei>N/A</lei>
        <title>Palmer Square Loan Funding 2021-1 Ltd 1.93</title>
        <cusip>69701YAE2</cusip>
        <identifiers>
          <isin value="US69701YAE23"/>
          <ticker value="PSTAT"/>
        </identifiers>
        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>750192.1500000000</valUSD>
        <pctVal>0.9049155073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.934250000000000</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>Air Lease Corp</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Air Lease Corp (pfd) 4.65% 06/15/2170 Perpetual</title>
        <cusip>00912XBJ2</cusip>
        <identifiers>
          <isin value="US00912XBJ28"/>
          <ticker value="AL"/>
          <other otherDesc="SEDOL" value="BMZ9QP2"/>
        </identifiers>
        <balance>770000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>809655.0000000000</valUSD>
        <pctVal>0.9766422710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aircastle Ltd</name>
        <lei>549300PNK8AKY3OIKP58</lei>
        <title>Aircastle Ltd (pfd) 5.25% 09/15/2169 Perpetual</title>
        <cusip>00928QAW1</cusip>
        <identifiers>
          <isin value="US00928QAW15"/>
          <ticker value="AYR"/>
          <other otherDesc="SEDOL" value="BMJ1C23"/>
        </identifiers>
        <balance>480000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>482520.0000000000</valUSD>
        <pctVal>0.5820373228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</name>
        <lei>N/A</lei>
        <title>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 4.88 02/15/2030</title>
        <cusip>013092AE1</cusip>
        <identifiers>
          <isin value="US013092AE14"/>
          <ticker value="ACI"/>
          <other otherDesc="SEDOL" value="BKMH644"/>
        </identifiers>
        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>355062.5000000000</valUSD>
        <pctVal>0.4282923546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</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>Aligned Data Centers Issuer LLC</name>
        <lei>N/A</lei>
        <title>Aligned Data Centers Issuer LLC 2.48</title>
        <cusip>01627AAB4</cusip>
        <identifiers>
          <isin value="US01627AAB44"/>
          <ticker value="ADC"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>401781.2500000000</valUSD>
        <pctVal>0.4846466117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.482000000000000</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>Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer</name>
        <lei>N/A</lei>
        <title>Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer 5.88 10/01/2028</title>
        <cusip>70052LAB9</cusip>
        <identifiers>
          <isin value="US70052LAB99"/>
          <ticker value="PK"/>
          <other otherDesc="SEDOL" value="BMGWP75"/>
        </identifiers>
        <balance>90000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95962.5000000000</valUSD>
        <pctVal>0.1157542829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</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 National Gaming Inc</name>
        <lei>N/A</lei>
        <title>Penn National Gaming Inc 4.13 07/01/2029</title>
        <cusip>707569AV1</cusip>
        <identifiers>
          <isin value="US707569AV14"/>
          <ticker value="PENN"/>
          <other otherDesc="SEDOL" value="BLNB404"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400008.0000000000</valUSD>
        <pctVal>0.4825076378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ally Financial Inc</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>Ally Financial Inc (pfd) 4.70% 08/15/2170 Perpetual</title>
        <cusip>02005NBN9</cusip>
        <identifiers>
          <isin value="US02005NBN93"/>
          <ticker value="ALLY"/>
          <other otherDesc="SEDOL" value="BN0ZM87"/>
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        <balance>520000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>542750.0000000000</valUSD>
        <pctVal>0.6546894573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American International Group Inc</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
        <title>American International Group Inc 6.25 05/01/2036</title>
        <cusip>026874AZ0</cusip>
        <identifiers>
          <isin value="US026874AZ07"/>
          <ticker value="AIG"/>
          <other otherDesc="SEDOL" value="B1CYG08"/>
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        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>176154.9000000000</valUSD>
        <pctVal>0.2124859620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>American International Group Inc</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
        <title>American International Group Inc 4.50 07/16/2044</title>
        <cusip>026874DA2</cusip>
        <identifiers>
          <isin value="US026874DA29"/>
          <ticker value="AIG"/>
          <other otherDesc="SEDOL" value="BP8G1N4"/>
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        <balance>140000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>173772.3100000000</valUSD>
        <pctVal>0.2096119748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Comstock Resources Inc</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Resources Inc 5.88 01/15/2030</title>
        <cusip>205768AT1</cusip>
        <identifiers>
          <isin value="US205768AT12"/>
          <ticker value="CRK"/>
          <other otherDesc="SEDOL" value="BNKCJP4"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>321278.4000000000</valUSD>
        <pctVal>0.3875404539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CrownRock LP / CrownRock Finance Inc</name>
        <lei>N/A</lei>
        <title>CrownRock LP / CrownRock Finance Inc 5.00 05/01/2029</title>
        <cusip>228701AG3</cusip>
        <identifiers>
          <isin value="US228701AG35"/>
          <ticker value="CRROCK"/>
          <other otherDesc="SEDOL" value="BMDLB33"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>329196.8000000000</valUSD>
        <pctVal>0.3970919840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deer Creek Clo Ltd</name>
        <lei>N/A</lei>
        <title>Deer Creek Clo Ltd 2017-1 3.08</title>
        <cusip>24380LAJ2</cusip>
        <identifiers>
          <isin value="US24380LAJ26"/>
          <ticker value="DCRK"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>794850.4800000000</valUSD>
        <pctVal>0.9587843932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.084250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG 4.30 05/24/2028</title>
        <cusip>251525AM3</cusip>
        <identifiers>
          <isin value="US251525AM33"/>
          <ticker value="DB"/>
          <other otherDesc="SEDOL" value="B9ZT6L7"/>
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        <balance>435000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>450665.6300000000</valUSD>
        <pctVal>0.5436131492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.296000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Discover Financial Services</name>
        <lei>Z1YLO2USPORE63VVUL20</lei>
        <title>Discover Financial Services (pfd) 5.50% 04/30/2170 Perpetual</title>
        <cusip>254709AN8</cusip>
        <identifiers>
          <isin value="US254709AN83"/>
          <ticker value="DFS"/>
          <other otherDesc="SEDOL" value="BFLVVG9"/>
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        <balance>400000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>432500.0000000000</valUSD>
        <pctVal>0.5217009494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PennyMac Financial Services Inc</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services Inc 5.38 10/15/2025</title>
        <cusip>70932MAA5</cusip>
        <identifiers>
          <isin value="US70932MAA53"/>
          <ticker value="PFSI"/>
          <other otherDesc="SEDOL" value="BN7JDY5"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>331532.8000000000</valUSD>
        <pctVal>0.3999097723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos 4.25 01/15/2025</title>
        <cusip>71654QBV3</cusip>
        <identifiers>
          <isin value="US71654QBV32"/>
          <ticker value="PEMEX"/>
          <other otherDesc="SEDOL" value="BZ8TLJ9"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203600.0000000000</valUSD>
        <pctVal>0.2455914758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMC Corp</name>
        <lei>KDMDXRWU7UTJ30FC8R59</lei>
        <title>EMC Corp 3.38 06/01/2023</title>
        <cusip>268648AN2</cusip>
        <identifiers>
          <isin value="US268648AN20"/>
          <ticker value="DELL"/>
          <other otherDesc="SEDOL" value="BBFKVJ7"/>
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        <balance>272000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281180.0000000000</valUSD>
        <pctVal>0.3391719606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EPR Properties</name>
        <lei>549300YSSXFHMPOWZ492</lei>
        <title>EPR Properties 4.75 12/15/2026</title>
        <cusip>26884UAC3</cusip>
        <identifiers>
          <isin value="US26884UAC36"/>
          <ticker value="EPR"/>
          <other otherDesc="SEDOL" value="BDRYQ07"/>
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        <balance>360000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>389003.2700000000</valUSD>
        <pctVal>0.4692332376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EPR Properties</name>
        <lei>549300YSSXFHMPOWZ492</lei>
        <title>EPR Properties 4.95 04/15/2028</title>
        <cusip>26884UAE9</cusip>
        <identifiers>
          <isin value="US26884UAE91"/>
          <ticker value="EPR"/>
          <other otherDesc="SEDOL" value="BFNSMR6"/>
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        <balance>495000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>535098.9300000000</valUSD>
        <pctVal>0.6454603926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EQM Midstream Partners LP</name>
        <lei>549300NELT611CL6XM83</lei>
        <title>EQM Midstream Partners LP 4.50 01/15/2029</title>
        <cusip>26885BAK6</cusip>
        <identifiers>
          <isin value="US26885BAK61"/>
          <ticker value="EQM"/>
          <other otherDesc="SEDOL" value="BMC04Z4"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325208.0000000000</valUSD>
        <pctVal>0.3922805141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos 6.88 08/04/2026</title>
        <cusip>71654QCB6</cusip>
        <identifiers>
          <isin value="US71654QCB68"/>
          <ticker value="PEMEX"/>
          <other otherDesc="SEDOL" value="BYWD0M6"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>656064.0000000000</valUSD>
        <pctVal>0.7913738998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Petrorio Luxembourg Sarl</name>
        <lei>222100466T5WZDU1B498</lei>
        <title>Petrorio Luxembourg Sarl 6.13 06/09/2026</title>
        <cusip>71677WAA0</cusip>
        <identifiers>
          <isin value="US71677WAA09"/>
          <ticker value="PRIOBZ"/>
          <other otherDesc="SEDOL" value="BP2Q7Q5"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308190.0000000000</valUSD>
        <pctVal>0.3717526372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000000</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>FEL Energy VI Sarl</name>
        <lei>N/A</lei>
        <title>FEL Energy VI Sarl 5.75 12/01/2040</title>
        <cusip>30260LAA3</cusip>
        <identifiers>
          <isin value="US30260LAA35"/>
          <ticker value="TIEMOD"/>
          <other otherDesc="SEDOL" value="BMC6NN3"/>
        </identifiers>
        <balance>198923.4000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>211896.1900000000</valUSD>
        <pctVal>0.2555987133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FS KKR Capital Corp</name>
        <lei>549300TYRSI1T21B1360</lei>
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          <isin value="US302635AG21"/>
          <ticker value="FSK"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae Connecticut Avenue</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Connecticut Avenue Securities 3.08</title>
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          <isin value="US30711XJX30"/>
          <ticker value="CAS"/>
          <other otherDesc="SEDOL" value="BD3FTH2"/>
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        <curCd>USD</curCd>
        <valUSD>409513.6800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.084380000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FirstKey Homes 2021-SFR1 Trust</name>
        <lei>N/A</lei>
        <title>FirstKey Homes 2021-SFR1 Trust 2.39</title>
        <cusip>33767WAJ2</cusip>
        <identifiers>
          <isin value="US33767WAJ27"/>
          <ticker value="FKH"/>
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        <balance>400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>401151.3600000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.389000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ford Motor Co</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co 4.35 12/08/2026</title>
        <cusip>345370CR9</cusip>
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          <isin value="US345370CR99"/>
          <ticker value="F"/>
          <other otherDesc="SEDOL" value="BYPL1T1"/>
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        <balance>320000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>345150.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.346000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac STACR REMIC Trust 2021-DNA3</name>
        <lei>N/A</lei>
        <title>Freddie Mac STACR REMIC Trust 2021-DNA3 2.15</title>
        <cusip>35564KEL9</cusip>
        <identifiers>
          <isin value="US35564KEL98"/>
          <ticker value="STACR"/>
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        <balance>400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408680.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.150000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Freedom Mortgage Corp</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>Freedom Mortgage Corp 6.63 01/15/2027</title>
        <cusip>35640YAG2</cusip>
        <identifiers>
          <isin value="US35640YAG26"/>
          <ticker value="FREMOR"/>
          <other otherDesc="SEDOL" value="BKVBKV2"/>
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        <balance>370000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354855.9000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GFL Environmental Inc</name>
        <lei>549300FYK4MBXWIVZU26</lei>
        <title>GFL Environmental Inc 4.00 08/01/2028</title>
        <cusip>36168QAL8</cusip>
        <identifiers>
          <isin value="US36168QAL86"/>
          <ticker value="GFLCN"/>
          <other otherDesc="SEDOL" value="BN8ZSQ9"/>
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        <balance>325000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>322975.2500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GUSAP III LP</name>
        <lei>549300WY05UJ7WTHIN64</lei>
        <title>GUSAP III LP 4.25 01/21/2030</title>
        <cusip>36258GAA5</cusip>
        <identifiers>
          <isin value="US36258GAA58"/>
          <ticker value="GGBRBZ"/>
          <other otherDesc="SEDOL" value="BKY57Y3"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>221540.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GXO Logistics Inc</name>
        <lei>5493007CNWMXN78JRN66</lei>
        <title>GXO Logistics Inc 1.65 07/15/2026</title>
        <cusip>36262GAA9</cusip>
        <identifiers>
          <isin value="US36262GAA94"/>
          <ticker value="GXO"/>
          <other otherDesc="SEDOL" value="BMF2V56"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>300825.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.650000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Progress Residential 2021-SFR1</name>
        <lei>N/A</lei>
        <title>Progress Residential 2021-SFR1 1.81</title>
        <cusip>74331FAG6</cusip>
        <identifiers>
          <isin value="US74331FAG63"/>
          <ticker value="PROG"/>
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        <balance>750000.0000000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.805000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Progress Residential 2021-SFR1</name>
        <lei>N/A</lei>
        <title>Progress Residential 2021-SFR1 2.11</title>
        <cusip>74331FAJ0</cusip>
        <identifiers>
          <isin value="US74331FAJ03"/>
          <ticker value="PROG"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Progress Residential 2021-SFR1</name>
        <lei>N/A</lei>
        <title>Progress Residential 2021-SFR1 2.76</title>
        <cusip>74331FAL5</cusip>
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          <isin value="US74331FAL58"/>
          <ticker value="PROG"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.757000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Progress Residential 2021-SFR8 Trust</name>
        <lei>N/A</lei>
        <title>Progress Residential 2021-SFR8 Trust 2.38</title>
        <cusip>74333TAJ8</cusip>
        <identifiers>
          <isin value="US74333TAJ88"/>
          <ticker value="PROG"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.382000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Prospect Capital Corp</name>
        <lei>549300FSD8T39P5Q0O47</lei>
        <title>Prospect Capital Corp 3.71 01/22/2026</title>
        <cusip>74348TAU6</cusip>
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          <isin value="US74348TAU60"/>
          <ticker value="PSEC"/>
          <other otherDesc="SEDOL" value="BMYC6W9"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Prosus NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
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          <ticker value="PRXNA"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.680000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Indonesia Asahan Aluminium Persero PT</name>
        <lei>2549008P48EB9SN2OI80</lei>
        <title>Indonesia Asahan Aluminium Persero PT 5.45 05/15/2030</title>
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          <ticker value="IDASAL"/>
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        <balance>805000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>942091.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QVC Inc</name>
        <lei>549300WBLU5NKPX5X472</lei>
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          <isin value="US747262AZ65"/>
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          <other otherDesc="SEDOL" value="BL6CQM0"/>
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        <curCd>USD</curCd>
        <valUSD>256506.2500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Qorvo Inc</name>
        <lei>254900YAUJV2EUEVBR11</lei>
        <title>Qorvo Inc 4.38 10/15/2029</title>
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          <isin value="US74736KAH41"/>
          <ticker value="QRVO"/>
          <other otherDesc="SEDOL" value="BMTQRQ7"/>
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        <curCd>USD</curCd>
        <valUSD>162060.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Geopark Ltd</name>
        <lei>529900ZR5QI19AH4KZ07</lei>
        <title>Geopark Ltd 5.50 01/17/2027</title>
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          <ticker value="GEOPAR"/>
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        <curCd>USD</curCd>
        <valUSD>800408.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Global Atlantic Fin Co</name>
        <lei>N/A</lei>
        <title>Global Atlantic Fin Co 4.70 10/15/2051</title>
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          <isin value="US37959GAC15"/>
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        <curCd>USD</curCd>
        <valUSD>476931.5300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.700000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The (pfd) 3.80% 11/10/2169 Perpetual</title>
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          <isin value="US38144GAE17"/>
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          <other otherDesc="SEDOL" value="BNDC1K0"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Goodyear Tire &amp; Rubber Co/The</name>
        <lei>5493002BI0S2ZQUY3437</lei>
        <title>Goodyear Tire &amp; Rubber Co/The 5.00 07/15/2029</title>
        <cusip>382550BL4</cusip>
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          <isin value="US382550BL42"/>
          <ticker value="GT"/>
          <other otherDesc="SEDOL" value="BND7X65"/>
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        <balance>320000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>338880.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Qorvo Inc</name>
        <lei>254900YAUJV2EUEVBR11</lei>
        <title>Qorvo Inc 3.38 04/01/2031</title>
        <cusip>74736KAJ0</cusip>
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          <isin value="US74736KAJ07"/>
          <ticker value="QRVO"/>
          <other otherDesc="SEDOL" value="BMG5DW5"/>
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        <balance>46000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49038.3000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RHP Hotel Properties LP / RHP Finance Corp</name>
        <lei>N/A</lei>
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        <cusip>749571AF2</cusip>
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          <ticker value="RHP"/>
          <other otherDesc="SEDOL" value="BMX0NL2"/>
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        <balance>121000.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RHP Hotel Properties LP / RHP Finance Corp</name>
        <lei>N/A</lei>
        <title>RHP Hotel Properties LP / RHP Finance Corp 4.50 02/15/2029</title>
        <cusip>749571AG0</cusip>
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          <isin value="US749571AG03"/>
          <ticker value="RHP"/>
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        <balance>338000.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ready Capital Mortgage Financing 2021-FL6 LLC</name>
        <lei>N/A</lei>
        <title>Ready Capital Mortgage Financing 2021-FL6 LLC 1.98</title>
        <cusip>75575TAG8</cusip>
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          <ticker value="RCMT"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rent-A-Center Inc/TX</name>
        <lei>529900QUHE15UQNCCJ63</lei>
        <title>Rent-A-Center Inc/TX 6.38 02/15/2029</title>
        <cusip>76009NAL4</cusip>
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          <ticker value="RCII"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SBL Holdings Inc</name>
        <lei>N/A</lei>
        <title>SBL Holdings Inc 5.00 02/18/2031</title>
        <cusip>78397DAB4</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SBL Holdings Inc</name>
        <lei>N/A</lei>
        <title>SBL Holdings Inc 6.50</title>
        <cusip>78397DAC2</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Slam 2021-1 Ltd</name>
        <lei>N/A</lei>
        <title>Slam 2021-1 Ltd 3.42</title>
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          <ticker value="SLAM"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Sammons Financial Group Inc</name>
        <lei>N/A</lei>
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          <ticker value="SAMMON"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAPPHIRE AVIATION FINANCE II LTD</name>
        <lei>N/A</lei>
        <title>SAPPHIRE AVIATION FINANCE II LTD 3.23</title>
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          <isin value="US80307AAA79"/>
          <ticker value="SAPA"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Charles Schwab Corp/The</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>Charles Schwab Corp/The (pfd) 4.00% 03/01/2170 Perpetual</title>
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        <valUSD>739287.5000000000</valUSD>
        <pctVal>0.8917618281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scientific Games International Inc</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
        <title>Scientific Games International Inc 7.25 11/15/2029</title>
        <cusip>80874YBE9</cusip>
        <identifiers>
          <isin value="US80874YBE95"/>
          <ticker value="SGMS"/>
          <other otherDesc="SEDOL" value="BJLPYT3"/>
        </identifiers>
        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>357600.0000000000</valUSD>
        <pctVal>0.4313532012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinclair Television Group Inc</name>
        <lei>549300CQGEN0CH65UD62</lei>
        <title>Sinclair Television Group Inc 5.88 03/15/2026</title>
        <cusip>829259AU4</cusip>
        <identifiers>
          <isin value="US829259AU46"/>
          <ticker value="SBGI"/>
          <other otherDesc="SEDOL" value="BD9NS17"/>
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        <balance>395000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404875.0000000000</valUSD>
        <pctVal>0.4883784321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sinclair Television Group Inc</name>
        <lei>549300CQGEN0CH65UD62</lei>
        <title>Sinclair Television Group Inc 4.13 12/01/2030</title>
        <cusip>829259BA7</cusip>
        <identifiers>
          <isin value="US829259BA72"/>
          <ticker value="SBGI"/>
          <other otherDesc="SEDOL" value="BMDX270"/>
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        <balance>445000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>435599.3800000000</valUSD>
        <pctVal>0.5254395609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sirius XM Radio Inc</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>Sirius XM Radio Inc 5.50 07/01/2029</title>
        <cusip>82967NBC1</cusip>
        <identifiers>
          <isin value="US82967NBC11"/>
          <ticker value="SIRI"/>
          <other otherDesc="SEDOL" value="BJYHK54"/>
        </identifiers>
        <balance>124000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135935.0000000000</valUSD>
        <pctVal>0.1639709100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</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>Republic of South Africa Government International Bond</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government International Bond 5.88 06/22/2030</title>
        <cusip>836205AY0</cusip>
        <identifiers>
          <isin value="US836205AY00"/>
          <ticker value="SOAF"/>
          <other otherDesc="SEDOL" value="BD24PK5"/>
        </identifiers>
        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>909641.6000000000</valUSD>
        <pctVal>1.0972506042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</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>Southwestern Energy Co</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
        <title>Southwestern Energy Co 5.38 03/15/2030</title>
        <cusip>845467AS8</cusip>
        <identifiers>
          <isin value="US845467AS85"/>
          <ticker value="SWN"/>
          <other otherDesc="SEDOL" value="BMDVV88"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>338573.6300000000</valUSD>
        <pctVal>0.4084027381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</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>Spirit Realty LP</name>
        <lei>549300GTBVIBJRX5BW73</lei>
        <title>Spirit Realty LP 4.00 07/15/2029</title>
        <cusip>84861TAD0</cusip>
        <identifiers>
          <isin value="US84861TAD00"/>
          <ticker value="SRC"/>
          <other otherDesc="SEDOL" value="BJQ2JR2"/>
        </identifiers>
        <balance>230000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>258531.4300000000</valUSD>
        <pctVal>0.3118522370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>SRM Escrow Issuer LLC</name>
        <lei>N/A</lei>
        <title>SRM Escrow Issuer LLC 6.00 11/01/2028</title>
        <cusip>85236FAA1</cusip>
        <identifiers>
          <isin value="US85236FAA12"/>
          <ticker value="SMYREA"/>
          <other otherDesc="SEDOL" value="BMDXC58"/>
        </identifiers>
        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>339600.0000000000</valUSD>
        <pctVal>0.4096407917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000000</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>Start Ltd/Bermuda</name>
        <lei>549300VIQYFIDJQCKZ43</lei>
        <title>Start Ltd/Bermuda 4.09</title>
        <cusip>85572RAA7</cusip>
        <identifiers>
          <isin value="US85572RAA77"/>
          <ticker value="STARR"/>
          <other otherDesc="SEDOL" value="BMFJJH5"/>
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        <balance>280841.7000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281636.4000000000</valUSD>
        <pctVal>0.3397224908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.089000000000000</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>Studio City Finance Ltd</name>
        <lei>254900D6R731QAUIG324</lei>
        <title>Studio City Finance Ltd 5.00 01/15/2029</title>
        <cusip>86389QAG7</cusip>
        <identifiers>
          <isin value="US86389QAG73"/>
          <ticker value="STCITY"/>
          <other otherDesc="SEDOL" value="BMF9NS4"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>296143.5000000000</valUSD>
        <pctVal>0.3572216072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Arcosa Inc</name>
        <lei>549300WFHLTCZV7D6V29</lei>
        <title>Arcosa Inc 4.38 04/15/2029</title>
        <cusip>039653AA8</cusip>
        <identifiers>
          <isin value="US039653AA89"/>
          <ticker value="ACA"/>
          <other otherDesc="SEDOL" value="BNKH1X1"/>
        </identifiers>
        <balance>80000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82496.8000000000</valUSD>
        <pctVal>0.0995113500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</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>Sylvamo Corp</name>
        <lei>5493001AOYU1ZOWOC971</lei>
        <title>Sylvamo Corp 7.00 09/01/2029</title>
        <cusip>87133LAA8</cusip>
        <identifiers>
          <isin value="US87133LAA89"/>
          <ticker value="SYLVAM"/>
          <other otherDesc="SEDOL" value="BL688F5"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259158.7500000000</valUSD>
        <pctVal>0.3126089385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>T-Mobile USA Inc</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA Inc 3.50 04/15/2031</title>
        <cusip>87264ACE3</cusip>
        <identifiers>
          <isin value="US87264ACE38"/>
          <ticker value="TMUS"/>
          <other otherDesc="SEDOL" value="BN0WLC5"/>
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        <balance>240000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255840.0000000000</valUSD>
        <pctVal>0.3086057131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ares Capital Corp</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
        <title>Ares Capital Corp 2.88 06/15/2028</title>
        <cusip>04010LBB8</cusip>
        <identifiers>
          <isin value="US04010LBB80"/>
          <ticker value="ARCC"/>
          <other otherDesc="SEDOL" value="BMVZBL5"/>
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        <balance>92000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>93877.7600000000</valUSD>
        <pctVal>0.1132395758</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>Fixed</couponKind>
          <annualizedRt>2.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARES CLO</name>
        <lei>549300VDFIIXSFET0S73</lei>
        <title>Ares XXXIV CLO Ltd 3.23</title>
        <cusip>04015GAV1</cusip>
        <identifiers>
          <isin value="US04015GAV14"/>
          <ticker value="ARES"/>
        </identifiers>
        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>798783.1200000000</valUSD>
        <pctVal>0.9635281204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.233880000000000</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>ARES CLO</name>
        <lei>549300FI9E5EZIMPA581</lei>
        <title>Ares XLIX CLO Ltd 2.09</title>
        <cusip>04017JAG6</cusip>
        <identifiers>
          <isin value="US04017JAG67"/>
          <ticker value="ARES"/>
          <other otherDesc="SEDOL" value="BG0NXQ7"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499822.1000000000</valUSD>
        <pctVal>0.6029078939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.088250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ares Finance Co III LLC</name>
        <lei>N/A</lei>
        <title>Ares Finance Co III LLC 4.13 06/30/2051</title>
        <cusip>04018VAA1</cusip>
        <identifiers>
          <isin value="US04018VAA17"/>
          <ticker value="ARES"/>
          <other otherDesc="SEDOL" value="BMB4T18"/>
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        <balance>250000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>256314.8900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Taco Bell Funding LLC</name>
        <lei>N/A</lei>
        <title>Taco Bell Funding LLC 2.54</title>
        <cusip>87342RAJ3</cusip>
        <identifiers>
          <isin value="US87342RAJ32"/>
          <ticker value="BELL"/>
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        <balance>250000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253442.4800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.542000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tanger Properties LP</name>
        <lei>PQPGJDNFN35EXH363L31</lei>
        <title>Tanger Properties LP 2.75 09/01/2031</title>
        <cusip>875484AL1</cusip>
        <identifiers>
          <isin value="US875484AL13"/>
          <ticker value="SKT"/>
          <other otherDesc="SEDOL" value="BKP4QW0"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>292814.2200000000</valUSD>
        <pctVal>0.3532056799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEGNA Inc</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TEGNA Inc 4.63 03/15/2028</title>
        <cusip>87901JAJ4</cusip>
        <identifiers>
          <isin value="US87901JAJ43"/>
          <ticker value="TGNA"/>
          <other otherDesc="SEDOL" value="BNTBJ41"/>
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        <balance>206000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214044.3000000000</valUSD>
        <pctVal>0.2581898602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tenet Healthcare Corp</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp 6.13 10/01/2028</title>
        <cusip>88033GDJ6</cusip>
        <identifiers>
          <isin value="US88033GDJ67"/>
          <ticker value="THC"/>
          <other otherDesc="SEDOL" value="BMTXLB1"/>
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        <balance>370000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>391275.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ambience Merger Sub Inc</name>
        <lei>N/A</lei>
        <title>Ambience Merger Sub Inc 7.13 07/15/2029</title>
        <cusip>04650YAB6</cusip>
        <identifiers>
          <isin value="US04650YAB65"/>
          <ticker value="HOME"/>
          <other otherDesc="SEDOL" value="BLR8VV1"/>
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        <balance>160000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160400.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BDS 2020-FL5 LTD</name>
        <lei>N/A</lei>
        <title>BDS 2020-FL5 LTD 2.66</title>
        <cusip>05492QAJ5</cusip>
        <identifiers>
          <isin value="US05492QAJ58"/>
          <ticker value="BDS"/>
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        <balance>380000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>379795.1000000000</valUSD>
        <pctVal>0.4581259289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.664480000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Textainer Marine Containers Ltd</name>
        <lei>549300Q7RHLEMSLA9Y26</lei>
        <title>Textainer Marine Containers Ltd 1.94</title>
        <cusip>88315LAS7</cusip>
        <identifiers>
          <isin value="US88315LAS79"/>
          <ticker value="TMCL"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>498750.0000000000</valUSD>
        <pctVal>0.6016146786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.940000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc 4.63 01/15/2029</title>
        <cusip>893647BM8</cusip>
        <identifiers>
          <isin value="US893647BM83"/>
          <ticker value="TDG"/>
          <other otherDesc="SEDOL" value="BMXYG26"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316400.0000000000</valUSD>
        <pctVal>0.3816559084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LBM Acquisition LLC</name>
        <lei>549300FAEB3VWZL4NI86</lei>
        <title>LBM Acquisition LLC 6.25 01/15/2029</title>
        <cusip>05552BAA4</cusip>
        <identifiers>
          <isin value="US05552BAA44"/>
          <ticker value="USLBMH"/>
          <other otherDesc="SEDOL" value="BMHLJ57"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>322240.0000000000</valUSD>
        <pctVal>0.3887003790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>B2W Digital Lux Sarl</name>
        <lei>222100KMO43GQ28M6N31</lei>
        <title>B2W Digital Lux Sarl 4.38 12/20/2030</title>
        <cusip>05609AAA9</cusip>
        <identifiers>
          <isin value="US05609AAA97"/>
          <ticker value="BTOWBZ"/>
          <other otherDesc="SEDOL" value="BLH34P1"/>
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        <balance>840000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>841155.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BXHPP Trust 2021-FILM</name>
        <lei>N/A</lei>
        <title>BXHPP Trust 2021-FILM 1.60</title>
        <cusip>05609JAN2</cusip>
        <identifiers>
          <isin value="US05609JAN28"/>
          <ticker value="BXHPP"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>301172.4600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.596000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BXHPP Trust 2021-FILM</name>
        <lei>N/A</lei>
        <title>BXHPP Trust 2021-FILM 2.10</title>
        <cusip>05609JAQ5</cusip>
        <identifiers>
          <isin value="US05609JAQ58"/>
          <ticker value="BXHPP"/>
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        <balance>250000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251055.4800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.096000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bain Capital Specialty Finance Inc</name>
        <lei>549300V2JL72R0EYBK64</lei>
        <title>Bain Capital Specialty Finance Inc 2.95 03/10/2026</title>
        <cusip>05684BAB3</cusip>
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          <isin value="US05684BAB36"/>
          <ticker value="BCSF"/>
          <other otherDesc="SEDOL" value="BNSP0D0"/>
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        <balance>400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>411769.0200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA (pfd) 4.75% 08/12/2170 Perpetual</title>
        <cusip>05971KAH2</cusip>
        <identifiers>
          <isin value="US05971KAH23"/>
          <ticker value="SANTAN"/>
          <other otherDesc="SEDOL" value="BMG0WY5"/>
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        <balance>235000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>241016.0000000000</valUSD>
        <pctVal>0.2907243376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Mercantil del Norte SA/Grand Cayman</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman (pfd) 8.38% 10/14/2169 Perpetual</title>
        <cusip>05971PAC2</cusip>
        <identifiers>
          <isin value="US05971PAC23"/>
          <ticker value="BANORT"/>
          <other otherDesc="SEDOL" value="BN4CPT6"/>
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        <balance>200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>241279.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp (pfd) 5.88% 09/15/2169 Perpetual</title>
        <cusip>060505FL3</cusip>
        <identifiers>
          <isin value="US060505FL38"/>
          <ticker value="BAC"/>
          <other otherDesc="SEDOL" value="BF28VZ8"/>
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        <balance>600000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>684750.0000000000</valUSD>
        <pctVal>0.8259762430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Trinity Rail Leasing LP</name>
        <lei>N/A</lei>
        <title>Trinity Rail Leasing LP 6.66</title>
        <cusip>89655YAA4</cusip>
        <identifiers>
          <isin value="US89655YAA47"/>
          <ticker value="TRL"/>
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        <balance>215564.9300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>237111.9200000000</valUSD>
        <pctVal>0.2860150608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.657000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tronox Inc</name>
        <lei>549300EPZ4YXC7E5P181</lei>
        <title>Tronox Inc 4.63 03/15/2029</title>
        <cusip>897051AC2</cusip>
        <identifiers>
          <isin value="US897051AC29"/>
          <ticker value="TROX"/>
          <other otherDesc="SEDOL" value="BNQPRV9"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>253800.0000000000</valUSD>
        <pctVal>0.3061449733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Truist Financial Corp</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp (pfd) 5.13% 06/15/2170 Perpetual</title>
        <cusip>89832QAC3</cusip>
        <identifiers>
          <isin value="US89832QAC33"/>
          <ticker value="TFC"/>
          <other otherDesc="SEDOL" value="BKP9CW7"/>
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        <balance>450000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>487237.5000000000</valUSD>
        <pctVal>0.5877277834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Turkey Government International Bond</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkey Government International Bond 6.88 03/17/2036</title>
        <cusip>900123AY6</cusip>
        <identifiers>
          <isin value="US900123AY60"/>
          <ticker value="TURKEY"/>
          <other otherDesc="SEDOL" value="B0WC9K6"/>
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        <balance>810000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>842420.2500000000</valUSD>
        <pctVal>1.0161651890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of New York Mellon Corp/The</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>Bank of New York Mellon Corp/The (pfd) 3.70% 03/20/2170 Perpetual</title>
        <cusip>064058AJ9</cusip>
        <identifiers>
          <isin value="US064058AJ97"/>
          <ticker value="BK"/>
          <other otherDesc="SEDOL" value="BMTX917"/>
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        <balance>400000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>420600.0000000000</valUSD>
        <pctVal>0.5073466343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Barclays PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC (pfd) 4.38% 12/15/2169 Perpetual</title>
        <cusip>06738EBT1</cusip>
        <identifiers>
          <isin value="US06738EBT10"/>
          <ticker value="BACR"/>
          <other otherDesc="SEDOL" value="BNVY357"/>
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        <balance>400000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>406120.0000000000</valUSD>
        <pctVal>0.4898802071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bausch Health Cos Inc</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos Inc 4.88 06/01/2028</title>
        <cusip>071734AN7</cusip>
        <identifiers>
          <isin value="US071734AN72"/>
          <ticker value="BHCCN"/>
          <other otherDesc="SEDOL" value="BLB14D9"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411500.0000000000</valUSD>
        <pctVal>0.4963698050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bellemeade Re Ltd</name>
        <lei>N/A</lei>
        <title>Bellemeade Re Ltd 2.25</title>
        <cusip>07876MAB3</cusip>
        <identifiers>
          <isin value="US07876MAB37"/>
          <ticker value="BMIR"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410492.3600000000</valUSD>
        <pctVal>0.4951543444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cleveland-Cliffs Inc</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>Cleveland-Cliffs Inc 4.63 03/01/2029</title>
        <cusip>185899AK7</cusip>
        <identifiers>
          <isin value="US185899AK74"/>
          <ticker value="CLF"/>
          <other otherDesc="SEDOL" value="BMBRRK2"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>342468.7500000000</valUSD>
        <pctVal>0.4131012070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</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>COLT 2021-1RMortgage Pass-Through Certificates</name>
        <lei>N/A</lei>
        <title>COLT 2021-1RMortgage Pass-Through Certificates 2.70</title>
        <cusip>19688BAD6</cusip>
        <identifiers>
          <isin value="US19688BAD64"/>
          <ticker value="COLT"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404021.5200000000</valUSD>
        <pctVal>0.4873489262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.695000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CommScope Inc</name>
        <lei>549300Z6K4JXMFE8QY54</lei>
        <title>CommScope Inc 4.75 09/01/2029</title>
        <cusip>203372AX5</cusip>
        <identifiers>
          <isin value="US203372AX50"/>
          <ticker value="COMM"/>
          <other otherDesc="SEDOL" value="BLDBLL4"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>152087.2500000000</valUSD>
        <pctVal>0.1834544803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CommScope Inc</name>
        <lei>549300Z6K4JXMFE8QY54</lei>
        <title>CommScope Inc 8.25 03/01/2027</title>
        <cusip>20338QAA1</cusip>
        <identifiers>
          <isin value="US20338QAA13"/>
          <ticker value="COMM"/>
          <other otherDesc="SEDOL" value="BJLN9Y7"/>
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        <balance>770000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>812696.5000000000</valUSD>
        <pctVal>0.9803110650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Octagon Investment Partners Lt</name>
        <lei>N/A</lei>
        <title>Octagon Investment Partners 37 Ltd 2.98</title>
        <cusip>67591VAJ4</cusip>
        <identifiers>
          <isin value="US67591VAJ44"/>
          <ticker value="OCT37"/>
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        <balance>650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>645087.1700000000</valUSD>
        <pctVal>0.7781331538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.975250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oak Hill Credit Partners</name>
        <lei>N/A</lei>
        <title>OHA Credit Partners XV Ltd 2.58</title>
        <cusip>67707BAD2</cusip>
        <identifiers>
          <isin value="US67707BAD29"/>
          <ticker value="OAKC"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>391298.0800000000</valUSD>
        <pctVal>0.4720013407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.584250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Omega Healthcare Investors Inc</name>
        <lei>549300OJ7ENK42CZ8E73</lei>
        <title>Omega Healthcare Investors Inc 3.38 02/01/2031</title>
        <cusip>681936BM1</cusip>
        <identifiers>
          <isin value="US681936BM17"/>
          <ticker value="OHI"/>
          <other otherDesc="SEDOL" value="BMXWN07"/>
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        <balance>195000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201319.2600000000</valUSD>
        <pctVal>0.2428403447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>1011778 BC ULC / New Red Finance Inc</name>
        <lei>N/A</lei>
        <title>1011778 BC ULC / New Red Finance Inc 4.38 01/15/2028</title>
        <cusip>68245XAJ8</cusip>
        <identifiers>
          <isin value="US68245XAJ81"/>
          <ticker value="BCULC"/>
          <other otherDesc="SEDOL" value="BL0MJB6"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406500.0000000000</valUSD>
        <pctVal>0.4903385802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GrafTech Finance Inc</name>
        <lei>1Z010BU876CF2HDBIN43</lei>
        <title>GrafTech Finance Inc 4.63 12/15/2028</title>
        <cusip>384311AA4</cusip>
        <identifiers>
          <isin value="US384311AA42"/>
          <ticker value="EAF"/>
          <other otherDesc="SEDOL" value="BMHLJ35"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>326800.0000000000</valUSD>
        <pctVal>0.3942008561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</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>Guara Norte Sarl</name>
        <lei>549300U2I4L03BBA3485</lei>
        <title>Guara Norte Sarl 5.20 06/15/2034</title>
        <cusip>400666AA1</cusip>
        <identifiers>
          <isin value="US400666AA13"/>
          <ticker value="GNFPSO"/>
          <other otherDesc="SEDOL" value="BLH1VW1"/>
        </identifiers>
        <balance>392916.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404958.8800000000</valUSD>
        <pctVal>0.4884796119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.198000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HCRX Investments Holdco LP</name>
        <lei>N/A</lei>
        <title>HCRX Investments Holdco LP 4.50 08/01/2029</title>
        <cusip>40390FAA8</cusip>
        <identifiers>
          <isin value="US40390FAA84"/>
          <ticker value="HCRX"/>
          <other otherDesc="SEDOL" value="BNXL7H6"/>
        </identifiers>
        <balance>380000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>385448.2500000000</valUSD>
        <pctVal>0.4649450126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</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>HTA Group Ltd/Mauritius</name>
        <lei>213800WEFU8O8X6EPU13</lei>
        <title>HTA Group Ltd/Mauritius 7.00 12/18/2025</title>
        <cusip>40435WAB6</cusip>
        <identifiers>
          <isin value="US40435WAB63"/>
          <ticker value="HLSTWR"/>
          <other otherDesc="SEDOL" value="BMTCWL5"/>
        </identifiers>
        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>848544.0000000000</valUSD>
        <pctVal>1.0235519316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</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>Hess Corp</name>
        <lei>UASVRYNXNK17ULIGK870</lei>
        <title>Hess Corp 4.30 04/01/2027</title>
        <cusip>42809HAG2</cusip>
        <identifiers>
          <isin value="US42809HAG20"/>
          <ticker value="HES"/>
          <other otherDesc="SEDOL" value="BD7XTG1"/>
        </identifiers>
        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>667155.6700000000</valUSD>
        <pctVal>0.8047531710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.300000000000000</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>Hilton Domestic Operating Co Inc</name>
        <lei>5493003EG7H0N1E4XV50</lei>
        <title>Hilton Domestic Operating Co Inc 3.75 05/01/2029</title>
        <cusip>432833AJ0</cusip>
        <identifiers>
          <isin value="US432833AJ07"/>
          <ticker value="HLT"/>
          <other otherDesc="SEDOL" value="BNDLGY6"/>
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        <balance>295000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>301280.5500000000</valUSD>
        <pctVal>0.3634181479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000000</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>Huntington Bancshares Inc/OH</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>Huntington Bancshares Inc/OH (pfd) 5.63% 10/15/2169 Perpetual</title>
        <cusip>446150AT1</cusip>
        <identifiers>
          <isin value="US446150AT18"/>
          <ticker value="HBAN"/>
          <other otherDesc="SEDOL" value="BMXXNK0"/>
        </identifiers>
        <balance>60000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>71175.6000000000</valUSD>
        <pctVal>0.0858552095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IIP Operating Partnership LP</name>
        <lei>N/A</lei>
        <title>IIP Operating Partnership LP 5.50 05/25/2026</title>
        <cusip>44988FAC4</cusip>
        <identifiers>
          <isin value="US44988FAC41"/>
          <ticker value="IIPR"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>525400.3900000000</valUSD>
        <pctVal>0.6337615775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</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>Icahn Enterprises LP / Icahn Enterprises Finance Corp</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP / Icahn Enterprises Finance Corp 5.25 05/15/2027</title>
        <cusip>451102BZ9</cusip>
        <identifiers>
          <isin value="US451102BZ91"/>
          <ticker value="IEP"/>
          <other otherDesc="SEDOL" value="BLGSGV7"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>520002.5000000000</valUSD>
        <pctVal>0.6272503999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>Intesa Sanpaolo SpA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>Intesa Sanpaolo SpA 4.95 06/01/2042</title>
        <cusip>46115HBS5</cusip>
        <identifiers>
          <isin value="US46115HBS58"/>
          <ticker value="ISPIM"/>
          <other otherDesc="SEDOL" value="BLB14F1"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>415271.5800000000</valUSD>
        <pctVal>0.5009192544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000000</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>Iron Mountain Inc</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain Inc 4.88 09/15/2029</title>
        <cusip>46284VAF8</cusip>
        <identifiers>
          <isin value="US46284VAF85"/>
          <ticker value="IRM"/>
          <other otherDesc="SEDOL" value="BJ9TC37"/>
        </identifiers>
        <balance>470000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>496343.5000000000</valUSD>
        <pctVal>0.5987118501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</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>JSM Global Sarl</name>
        <lei>222100JFIJNVE1XMFY68</lei>
        <title>JSM Global Sarl 4.75 10/20/2030</title>
        <cusip>46592BAA0</cusip>
        <identifiers>
          <isin value="US46592BAA08"/>
          <ticker value="LAMEBZ"/>
          <other otherDesc="SEDOL" value="BMCM5L3"/>
        </identifiers>
        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>623760.0000000000</valUSD>
        <pctVal>0.7524073623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</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>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co (pfd) 4.60% 08/01/2170 Perpetual</title>
        <cusip>48128BAG6</cusip>
        <identifiers>
          <isin value="US48128BAG68"/>
          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BJVB6H3"/>
        </identifiers>
        <balance>1145000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1193032.7500000000</valUSD>
        <pctVal>1.4390897534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kaiser Aluminum Corp</name>
        <lei>N/A</lei>
        <title>Kaiser Aluminum Corp 4.50 06/01/2031</title>
        <cusip>483007AL4</cusip>
        <identifiers>
          <isin value="US483007AL48"/>
          <ticker value="KALU"/>
          <other otherDesc="SEDOL" value="BL55426"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>332044.8000000000</valUSD>
        <pctVal>0.4005273697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</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>Kenbourne Invest SA</name>
        <lei>222100QGH6Y9KFYZ4B27</lei>
        <title>Kenbourne Invest SA 4.70 01/22/2028</title>
        <cusip>48855KAC4</cusip>
        <identifiers>
          <isin value="US48855KAC45"/>
          <ticker value="WOMCHI"/>
          <other otherDesc="SEDOL" value="BMDPQC9"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>405614.0000000000</valUSD>
        <pctVal>0.4892698471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.700000000000000</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>LPL Holdings Inc</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPL Holdings Inc 4.38 05/15/2031</title>
        <cusip>50212YAF1</cusip>
        <identifiers>
          <isin value="US50212YAF16"/>
          <ticker value="LPLA"/>
          <other otherDesc="SEDOL" value="BMYY658"/>
        </identifiers>
        <balance>160000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>165825.6000000000</valUSD>
        <pctVal>0.2000262959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</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>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp</name>
        <lei>N/A</lei>
        <title>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029</title>
        <cusip>505742AP1</cusip>
        <identifiers>
          <isin value="US505742AP10"/>
          <ticker value="LADR"/>
          <other otherDesc="SEDOL" value="BNHV192"/>
        </identifiers>
        <balance>540000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>552825.0000000000</valUSD>
        <pctVal>0.6668423754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</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>Live Nation Entertainment Inc</name>
        <lei>5493007B9BM9ZXJINO78</lei>
        <title>Live Nation Entertainment Inc 3.75 01/15/2028</title>
        <cusip>538034AX7</cusip>
        <identifiers>
          <isin value="US538034AX75"/>
          <ticker value="LYV"/>
          <other otherDesc="SEDOL" value="BN7RJ07"/>
        </identifiers>
        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>320608.0000000000</valUSD>
        <pctVal>0.3867317873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LUNAR AIRCRAFT 2020-1 LTD</name>
        <lei>N/A</lei>
        <title>LUNAR AIRCRAFT 2020-1 LTD 3.38</title>
        <cusip>55037LAA2</cusip>
        <identifiers>
          <isin value="US55037LAA26"/>
          <ticker value="LUNRR"/>
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        <balance>328652.1000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>328651.3100000000</valUSD>
        <pctVal>0.3964339895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.376000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Institutional US Government Money Market Fund</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional US Government Money Market Fund</title>
        <cusip>857492706</cusip>
        <identifiers>
          <isin value="US8574927062"/>
          <ticker value="GVMXX"/>
          <other otherDesc="SEDOL" value="B284MN4"/>
        </identifiers>
        <balance>1812334.1400000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1812334.1400000000</valUSD>
        <pctVal>2.1861189398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</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>US Foods Inc</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US Foods Inc 4.75 02/15/2029</title>
        <cusip>90290MAD3</cusip>
        <identifiers>
          <isin value="US90290MAD39"/>
          <ticker value="USFOOD"/>
          <other otherDesc="SEDOL" value="BLBNHR0"/>
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        <balance>405000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>415125.0000000000</valUSD>
        <pctVal>0.5007424431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED AIRLINES INC</name>
        <lei>K1OQBWM7XEOO08LDNP29</lei>
        <title>United Airlines Inc 4.63 04/15/2029</title>
        <cusip>90932LAH0</cusip>
        <identifiers>
          <isin value="US90932LAH06"/>
          <ticker value="UAL"/>
          <other otherDesc="SEDOL" value="BMG8788"/>
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        <balance>320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>332408.0000000000</valUSD>
        <pctVal>0.4009654779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Airlines 2020-1 Class B Pass Through Trust</name>
        <lei>N/A</lei>
        <title>United Airlines 2020-1 Class B Pass Through Trust 4.88 07/15/2027</title>
        <cusip>90932VAA3</cusip>
        <identifiers>
          <isin value="US90932VAA35"/>
          <ticker value="UAL"/>
          <other otherDesc="SEDOL" value="BLBMJL5"/>
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        <balance>355015.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>374152.7600000000</valUSD>
        <pctVal>0.4513198847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Natural Foods Inc</name>
        <lei>549300GKGW6WPZ282D40</lei>
        <title>United Natural Foods Inc 6.75 10/15/2028</title>
        <cusip>911163AA1</cusip>
        <identifiers>
          <isin value="US911163AA17"/>
          <ticker value="UNFI"/>
          <other otherDesc="SEDOL" value="BMV3XY6"/>
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        <balance>405000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>437906.2500000000</valUSD>
        <pctVal>0.5282222113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 0.13 05/31/2023</title>
        <cusip>91282CCD1</cusip>
        <identifiers>
          <isin value="US91282CCD11"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BM9BQV0"/>
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        <balance>345000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>344730.4700000000</valUSD>
        <pctVal>0.4158293953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 0.13 07/31/2023</title>
        <cusip>91282CCN9</cusip>
        <identifiers>
          <isin value="US91282CCN92"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BMD9Z91"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>199781.2500000000</valUSD>
        <pctVal>0.2409851279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United States Steel Corp</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
        <title>United States Steel Corp 6.88 03/01/2029</title>
        <cusip>912909AU2</cusip>
        <identifiers>
          <isin value="US912909AU28"/>
          <ticker value="X"/>
          <other otherDesc="SEDOL" value="BN33QF3"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>355468.7500000000</valUSD>
        <pctVal>0.4287823916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VTR Finance NV</name>
        <lei>213800F4XI4RJB82XM19</lei>
        <title>VTR Finance NV 6.38 07/15/2028</title>
        <cusip>918374AA7</cusip>
        <identifiers>
          <isin value="US918374AA74"/>
          <ticker value="VTRFIN"/>
          <other otherDesc="SEDOL" value="BMFQ8Z7"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>850208.0000000000</valUSD>
        <pctVal>1.0255591232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Verus Securitization Trust 2021-3</name>
        <lei>N/A</lei>
        <title>Verus Securitization Trust 2021-3 2.40</title>
        <cusip>92539LAD2</cusip>
        <identifiers>
          <isin value="US92539LAD29"/>
          <ticker value="VERUS"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>603557.4600000000</valUSD>
        <pctVal>0.7280381501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.397000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ViacomCBS Inc</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>ViacomCBS Inc 6.25 02/28/2057</title>
        <cusip>92553PBC5</cusip>
        <identifiers>
          <isin value="US92553PBC59"/>
          <ticker value="VIAC"/>
          <other otherDesc="SEDOL" value="BD6V825"/>
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        <balance>245000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>279793.6800000000</valUSD>
        <pctVal>0.3374997191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viking Ocean Cruises Ship VII Ltd</name>
        <lei>N/A</lei>
        <title>Viking Ocean Cruises Ship VII Ltd 5.63 02/15/2029</title>
        <cusip>92682RAA0</cusip>
        <identifiers>
          <isin value="US92682RAA05"/>
          <ticker value="VIKCRU"/>
          <other otherDesc="SEDOL" value="BMGS3Q8"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>323781.2500000000</valUSD>
        <pctVal>0.3905595041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vodafone Group PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC 4.13 06/04/2081</title>
        <cusip>92857WBW9</cusip>
        <identifiers>
          <isin value="US92857WBW91"/>
          <ticker value="VOD"/>
          <other otherDesc="SEDOL" value="BN0WZK1"/>
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        <balance>240000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>243855.6000000000</valUSD>
        <pctVal>0.2941495908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2081-06-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vornado Realty LP</name>
        <lei>549300BMOJ05INE4YK86</lei>
        <title>Vornado Realty LP 3.40 06/01/2031</title>
        <cusip>929043AL1</cusip>
        <identifiers>
          <isin value="US929043AL12"/>
          <ticker value="VNO"/>
          <other otherDesc="SEDOL" value="BNNF994"/>
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        <balance>180000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>188320.7000000000</valUSD>
        <pctVal>0.2271608971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000000</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>XHR LP</name>
        <lei>549300M88BPT83ZL2164</lei>
        <title>XHR LP 4.88 06/01/2029</title>
        <cusip>98372MAC9</cusip>
        <identifiers>
          <isin value="US98372MAC91"/>
          <ticker value="XHR"/>
          <other otherDesc="SEDOL" value="BMXXLB7"/>
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        <balance>523000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>539343.7500000000</valUSD>
        <pctVal>0.6505806854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</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>Oman Government International Bond</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>Oman Government International Bond 4.75 06/15/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1405777589"/>
          <ticker value="OMAN"/>
          <other otherDesc="SEDOL" value="BZB1G08"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207258.4300000000</valUSD>
        <pctVal>0.2500044386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</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>IHS Netherlands Holdco BV</name>
        <lei>5493006Z6YQYCCN2XI74</lei>
        <title>IHS Netherlands Holdco BV 8.00 09/18/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2051106073"/>
          <ticker value="IHSHLD"/>
          <other otherDesc="SEDOL" value="BK1N4B6"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>430597.8600000000</valUSD>
        <pctVal>0.5194065026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000000</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>CBOT 10 Year Ultra US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 10yr Ultra Fut Dec21</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXYZ1"/>
        </identifiers>
        <balance>-31.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>908.3000000000</valUSD>
        <pctVal>0.0010956323</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 10yr Ultra Fut</issuerName>
                <issueTitle>US 10yr Ultra Fut Dec21</issueTitle>
                <identifiers>
                  <ticker value="UXYZ1"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-12-21</expDate>
            <notionalAmt>-4589392.6800000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>908.3000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CBOT US Long Bond Future</name>
        <lei>N/A</lei>
        <title>US LONG BOND(CBT) Dec21</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="USZ1"/>
        </identifiers>
        <balance>-9.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2232.4500000000</valUSD>
        <pctVal>0.0026928816</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US LONG BOND(CBT)</issuerName>
                <issueTitle>US LONG BOND(CBT) Dec21</issueTitle>
                <identifiers>
                  <ticker value="USZ1"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-12-21</expDate>
            <notionalAmt>-1468951.2000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>2232.4500000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CBOT 10 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 10YR NOTE (CBT)Dec21</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYZ1"/>
        </identifiers>
        <balance>-35.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2119.2500000000</valUSD>
        <pctVal>0.0025563347</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 10YR NOTE (CBT)</issuerName>
                <issueTitle>US 10YR NOTE (CBT)Dec21</issueTitle>
                <identifiers>
                  <ticker value="TYZ1"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-12-21</expDate>
            <notionalAmt>-4672978.6300000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>2119.2500000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME Ultra Long Term US Treasury</name>
        <lei>N/A</lei>
        <title>US ULTRA BOND CBT Dec21</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="WNZ1"/>
        </identifiers>
        <balance>-1.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>585.2800000000</valUSD>
        <pctVal>0.0007059911</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US ULTRA BOND CBT</issuerName>
                <issueTitle>US ULTRA BOND CBT Dec21</issueTitle>
                <identifiers>
                  <ticker value="WNZ1"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-12-21</expDate>
            <notionalAmt>-197866.5300000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>585.2800000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CBOT 2 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 2YR NOTE (CBT) Dec21</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TUZ1"/>
        </identifiers>
        <balance>117.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3462.0300000000</valUSD>
        <pctVal>0.0041760563</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 2YR NOTE (CBT)</issuerName>
                <issueTitle>US 2YR NOTE (CBT) Dec21</issueTitle>
                <identifiers>
                  <ticker value="TUZ1"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-12-31</expDate>
            <notionalAmt>25774928.7100000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>3462.0300000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oman Government International Bond</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>Oman Government International Bond 5.63 01/17/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1750113661"/>
          <ticker value="OMAN"/>
          <other otherDesc="SEDOL" value="BFWM9S9"/>
        </identifiers>
        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>635321.9300000000</valUSD>
        <pctVal>0.7663538822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625</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>FEL Energy VI Sarl</name>
        <lei>N/A</lei>
        <title>FEL Energy VI Sarl 5.75 12/01/2040</title>
        <cusip>30260LAA3</cusip>
        <identifiers>
          <isin value="US30260LAA35"/>
          <ticker value="TIEMOD"/>
          <other otherDesc="SEDOL" value="BMC6NN3"/>
        </identifiers>
        <balance>596770.2000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>635688.5700000000</valUSD>
        <pctVal>0.7667961399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</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>Banco Mercantil del Norte SA/Grand Cayman</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman (pfd) 8.38% 10/14/2169 Perpetual</title>
        <cusip>05971PAC2</cusip>
        <identifiers>
          <isin value="US05971PAC23"/>
          <ticker value="BANORT"/>
          <other otherDesc="SEDOL" value="BN4CPT6"/>
        </identifiers>
        <balance>600000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>724440.0000000000</valUSD>
        <pctVal>0.8738521059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Quantum Minerals Ltd</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>First Quantum Minerals Ltd 6.88 03/01/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USC3535CAJ74"/>
          <ticker value="FMCN"/>
          <other otherDesc="SEDOL" value="BFZYRT9"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>418490.2400000000</valUSD>
        <pctVal>0.5048017469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000000</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>Inkia Energy Ltd</name>
        <lei>N/A</lei>
        <title>Inkia Energy Ltd 5.88 11/09/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USG4808VAC49"/>
          <ticker value="INKENE"/>
          <other otherDesc="SEDOL" value="BDG1353"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203752.0000000000</valUSD>
        <pctVal>0.2457748251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-10-26</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
