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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-07</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DIG INTL FIN/DIG INTL</name>
        <lei>N/A</lei>
        <title>Digicel International Finance Ltd/Digicel international Holdings Ltd</title>
        <cusip>25381XAE3</cusip>
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          <isin value="US25381XAE31"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TruGreen LP</name>
        <lei>549300QNRP2MNHR3QM19</lei>
        <title>TRUGREEN LP 11/02/27</title>
        <cusip>89787RAH5</cusip>
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          <isin value="US89787RAH57"/>
          <other otherDesc="INTERNAL" value="BL3473057"/>
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        <balance>149615.38000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140264.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.34280000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Skillsoft Finance II Inc</name>
        <lei>549300LDUD35NU8F0G43</lei>
        <title>SKILLSOFT (US) C 07/14/28</title>
        <cusip>83066YAB8</cusip>
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          <isin value="US83066YAB83"/>
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        <balance>147211.24000000</balance>
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        <curCd>USD</curCd>
        <valUSD>135925.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.69560000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MOUNTAIN VIEW CLO</name>
        <lei>2549000TWLB57V29ZR37</lei>
        <title>Mountain View CLO XVII Ltd</title>
        <cusip>62431QAC5</cusip>
        <identifiers>
          <isin value="US62431QAC50"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>199385.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.43037000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maverick Gaming LLC</name>
        <lei>N/A</lei>
        <title>MAVERICK GAMING 09/03/26</title>
        <cusip>57770JAC0</cusip>
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          <isin value="US57770JAC09"/>
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        <balance>73771.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53208.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.13870000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fly Funding II Sarl</name>
        <lei>54930033GL3A930IIN33</lei>
        <title>FLY FUNDING II S 08/11/25</title>
        <cusip>000000000</cusip>
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          <isin value="XAL3953TAD62"/>
          <other otherDesc="INTERNAL" value="BL3215870"/>
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        <balance>312631.24000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>292179.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.12970000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aventiv Technologies LLC</name>
        <lei>549300EBCNNXVCJ2FW66</lei>
        <title>AVENTIV TECHNOLO 11/01/24</title>
        <cusip>78410QAB8</cusip>
        <identifiers>
          <isin value="US78410QAB86"/>
          <other otherDesc="INTERNAL" value="BL2438127"/>
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        <balance>98433.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78746.73000000</valUSD>
        <pctVal>0.160415858161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.15350000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tikehau US CLO Ltd</name>
        <lei>N/A</lei>
        <title>Tikehau US Clo V Ltd</title>
        <cusip>88675YAA2</cusip>
        <identifiers>
          <isin value="US88675YAA29"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>500000.00000000</valUSD>
        <pctVal>1.018555679466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.01000000</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>COVANTA HOLDING CORP</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>COVANTA HOLDING CORP</title>
        <cusip>22282GAF4</cusip>
        <identifiers>
          <isin value="US22282GAF46"/>
          <other otherDesc="INTERNAL" value="BL4295103"/>
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        <balance>6279.07000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6267.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.32950000</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>CHART INDUSTRIES INC</name>
        <lei>EM7QGKC1GYOF3LSZSL80</lei>
        <title>Chart Industries Inc</title>
        <cusip>16115QAF7</cusip>
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          <isin value="US16115QAF72"/>
          <other otherDesc="SEDOL" value="BLC8Z03"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>81612.28000000</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>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIG INTL FIN/DIG INTL HL</name>
        <lei>N/A</lei>
        <title>Digicel International Finance Ltd/Digicel international Holdings Ltd</title>
        <cusip>25381XAC7</cusip>
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          <isin value="US25381XAC74"/>
          <other otherDesc="SEDOL" value="BMC2ZL3"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1600.00000000</valUSD>
        <pctVal>0.003259378174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>Y</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Asurion LLC</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>ASURION 08/19/28</title>
        <cusip>04649VBC3</cusip>
        <identifiers>
          <isin value="US04649VBC37"/>
          <other otherDesc="INTERNAL" value="BL4124436"/>
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        <balance>74625.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73319.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.67960000</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>GFL ENVIRONMENTAL INC</name>
        <lei>549300FYK4MBXWIVZU26</lei>
        <title>GFL Environmental Inc</title>
        <cusip>36168QAQ7</cusip>
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          <isin value="US36168QAQ73"/>
          <other otherDesc="SEDOL" value="BNKBFF3"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50375.00000000</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>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>EG America LLC</name>
        <lei>549300BY1CRYVPEG9R57</lei>
        <title>EURO GARAGES/EG 02/07/28</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BL4364289"/>
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        <balance>98451.96080000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94144.69000000</valUSD>
        <pctVal>0.191783217382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-05</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.31960000</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>GRINDING MEDIA I 10/12/28</name>
        <lei>254900IYFJ03EGFQ8C34</lei>
        <title>GRINDING MEDIA I 10/12/28</title>
        <cusip>39854KAB6</cusip>
        <identifiers>
          <isin value="US39854KAB61"/>
          <other otherDesc="INTERNAL" value="BL3707603 00200"/>
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        <balance>222394.94000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215167.10000000</valUSD>
        <pctVal>0.438319343478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.39390000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Charlotte Buyer Inc</name>
        <lei>N/A</lei>
        <title>CHARLOTTE BUYER 02/03/28</title>
        <cusip>12568YAD6</cusip>
        <identifiers>
          <isin value="US12568YAD67"/>
          <other otherDesc="INTERNAL" value="BL3974047"/>
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        <balance>266239.37000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>265858.91000000</valUSD>
        <pctVal>0.541584205434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.62760000</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>LSF11 A5 HoldCo LLC</name>
        <lei>254900FPK7P5WNA66Y10</lei>
        <title>AOC (LSF1 10/15/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Daseke Cos Inc</name>
        <lei>N/A</lei>
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        <name>Pactiv Evergreen Group Holdings Inc</name>
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        <name>Hilton Domestic Operating Co Inc</name>
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        <name>Learning Care Group US No 2 Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CT Technologies Intermediate Holdings Inc</name>
        <lei>N/A</lei>
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        <name>McAfee Corp</name>
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        <title>CONDOR MERGER SU 03/01/29</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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        <name>J &amp; J VENTURES GAMING LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kraton Corp</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>LSF12 Badger Bidco LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Iris Holding Inc</name>
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        <name>Generation Bridge Northeast LLC</name>
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        <name>Blackstone Mortgage Trust Inc</name>
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        <name>Rockwood Service Corp</name>
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        <title>ASP ACUREN MERGE 12/20/26</title>
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        <name>Proampac PG Borrower LLC</name>
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        <title>PROLAMINA 10/23 12/29/23</title>
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        <name>LATHAM POOL PROD 03/31/29</name>
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        <title>LATHAM POOL PROD 03/31/29</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>(PIPA070) PGIM Core Government Money Market Fund</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>CPM Holdings Inc</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Iris Holding Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tempo Acquisition LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-31</maturityDt>
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      <invstOrSec>
        <name>Indy US Holdco LLC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-05</maturityDt>
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      <invstOrSec>
        <name>Fender Musical Instruments Corp</name>
        <lei>549300G8G1R16J8L5Q60</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ConvergeOne Holdings Inc</name>
        <lei>254900PRFQRQIU08WI18</lei>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Altice France SA/France</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>Numericable B12 01/26/31</title>
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          <isin value="XAF6628DAL82"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AL NGPL Holdings LLC</name>
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        <title>AL NGPL (ARCL 04/13/28</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <title>Wells Fargo &amp; Co</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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        <name>DIVERSIFIED HEALTHCARE T</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gainwell Acquisition Corp</name>
        <lei>N/A</lei>
        <title>GAINWELL ACQUISI 10/01/27</title>
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        <name>Engineered Machinery Holdings Inc</name>
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        <title>DURAVANT (ENGINE 05/21/28</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>West Technology Group LLC</name>
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        <title>INTRADO SATETY 01/24/30</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HPS Loan Management Ltd</name>
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        <invCountry>KY</invCountry>
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        <name>MLN US Holdco LLC</name>
        <lei>549300QKU7NPW6O86862</lei>
        <title>MLN US HOLDCO 10/18/27</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>PLAYTIKA HOLDING CORP</name>
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        <name>HireRight Holdings Corp</name>
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        <name>Win Waste Innovations Holdings Inc</name>
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        <name>Empire Today LLC</name>
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        <name>Albion Financing 3 SARL</name>
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        <name>Pactiv Evergreen Group Holdings Inc</name>
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        <name>Peer Holding III BV</name>
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        <name>DIGICEL GRP HLDGS LTD 3B BND/CORP</name>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>TRIDENT TPI HOLDINGS INC</name>
        <lei>549300TPLK304J3RNC85</lei>
        <title>Trident TPI Holdings Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NORTHRIVER MIDS 08/10/30</name>
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        <title>NORTHRIVER MIDS 08/10/30</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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          <ticker value="TYH4"/>
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        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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      <invstOrSec>
        <name>Ryan LLC</name>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BCPE North Star US Holdco 2 Inc</name>
        <lei>254900AGB0JDUDNIJC95</lei>
        <title>BCPE NORTH STAR 06/09/28</title>
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          <isin value="US05552DAD49"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-10</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Audacy Capital Corp</name>
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        <title>CBS RADIO INC 11/18/24</title>
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          <isin value="US12506KAE91"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.82290000</annualizedRt>
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      <invstOrSec>
        <name>GENERAL MOTORS CO</name>
        <lei>54930070NSV60J38I987</lei>
        <title>General Motors Co</title>
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          <isin value="US37045VAZ31"/>
          <other otherDesc="SEDOL" value="BMHXQW9"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ASURION 01/31/28</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>ASURION 01/31/28</title>
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          <isin value="US04649VAZ31"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-03</maturityDt>
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      <invstOrSec>
        <name>iHeartCommunications Inc</name>
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        <title>IHEARTCOMMUNICAT 05/01/26</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Air Canada</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>AIR CANADA 07/27/28</title>
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          <isin value="XAC0102MAP05"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-11</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>GIP Pilot Acquisition Partners LP</name>
        <lei>254900NQOAOPPA12X060</lei>
        <title>GIP PILOT ACQUIS 09/15/30</title>
        <cusip>31773HAB8</cusip>
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          <isin value="US31773HAB87"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Cushman &amp; Wakefield US Borrower LLC</name>
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        <title>CUSHMAN &amp; WAKEFI 01/31/30</title>
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        <invCountry>US</invCountry>
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        <name>Learning Care Group US No 2 Inc</name>
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        <title>LEARNING CARE GR 08/08/28</title>
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        <invCountry>US</invCountry>
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        <name>Pactiv Evergreen Group Holdings Inc</name>
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        <title>PACTIV EVERGREEN 09/17/28</title>
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        <name>Weber-Stephen Products LLC</name>
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        <title>WEBER-STEPHEN PR 10/20/27</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City Brewing Co LLC</name>
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        <title>CITY BREWING 03/31/28</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-05</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Gloves Buyer Inc</name>
        <lei>54930015O0Y94T5H8Z18</lei>
        <title>GLOVES BUYE 12/29/27</title>
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        <curCd>USD</curCd>
        <valUSD>43765.31000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Atlas Senior Loan Fund LTD</name>
        <lei>N/A</lei>
        <title>Atlas Senior Loan Fund XXI Ltd</title>
        <cusip>04940QAE7</cusip>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Boxer Parent Co Inc</name>
        <lei>5493006T045HLTF7YX04</lei>
        <title>BANFF GUARANTOR 02/27/26</title>
        <cusip>10318UAB5</cusip>
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          <isin value="US10318UAB52"/>
          <other otherDesc="INTERNAL" value="BL3709187"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>124218.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.84280000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Recess Holdings Inc</name>
        <lei>N/A</lei>
        <title>PLAYCORE 03/31/27</title>
        <cusip>72811HAG5</cusip>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-24</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Asurion LLC</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>ASURION, LLC 08/17/28</title>
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          <isin value="US04649VBB53"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.46690000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Airlines Inc</name>
        <lei>K1OQBWM7XEOO08LDNP29</lei>
        <title>UNITED AIRLINES 04/21/28</title>
        <cusip>90932RAJ3</cusip>
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          <isin value="US90932RAJ32"/>
          <other otherDesc="INTERNAL" value="BL3604099"/>
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        <balance>294374.65000000</balance>
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        <curCd>USD</curCd>
        <valUSD>294153.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.14850000</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>Avolon TLB Borrower 1 US LLC</name>
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        <title>AVOLON TLB BORRO 06/30/28</title>
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          <isin value="US05400KAJ97"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Altar Bidco Inc</name>
        <lei>N/A</lei>
        <title>ALTAR BIDCO INC 02/01/29</title>
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          <isin value="US02090CAE03"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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                <issuerName>IHS MARKIT LTD</issuerName>
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      <invstOrSec>
        <name>Dave &amp; Buster's Inc</name>
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        <title>DAVE &amp; BUSTER 06/29/29</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Renaissance Holdings Corp</name>
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        <title>RENAISSANCE LEAR 03/14/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Altar Bidco Inc</name>
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        <title>BROOKS AUTOMATIO 02/01/29</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>BROOKFIELD RETAI 08/27/25</name>
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        <title>BROOKFIELD RETAI 08/27/25</title>
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        <name>Nouryon USA LLC</name>
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        <title>AKZONOBEL AKA NOURYON</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Lightstone Holdco LLC</name>
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        <title>LIGHTSTONE HOLDC 02/01/27</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>VeriFone Systems Inc</name>
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        <title>VERIFONE SYSTEMS 08/20/25</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DIGICEL GRP HLDGS LTD 1B BND/CORP</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Ingram Micro Inc</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Action Environmental Group Inc/The</name>
        <lei>549300BB30QUQC86W666</lei>
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          <isin value="US00507JAF30"/>
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        <assetCat>LON</assetCat>
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        <fairValLevel>3</fairValLevel>
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        <name>ACCELERATED HEAL 02/15/29</name>
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        <title>ACCELERATED HEAL 02/15/29</title>
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          <isin value="US04747LAM54"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Zacapa SARL</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-22</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Caesars Entertainment Inc</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>CAESARS ENTERTAI 01/20/30</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Fastlane Parent Co Inc</name>
        <lei>5493001YM103764G0244</lei>
        <title>FLEETPRIDE 09/26/28</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-29</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>LSF11 Trinity Bidco Inc</name>
        <lei>2549000M6VOEWVW5JU51</lei>
        <title>TITAN (LSF11 TRI 04/26/30</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-17</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Symphony CLO Ltd</name>
        <lei>N/A</lei>
        <title>Symphony CLO 40 Ltd</title>
        <cusip>871989AC3</cusip>
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          <isin value="US871989AC39"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>KUEHG 05/31/2030</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OMNIA Partners LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cinemark USA Inc</name>
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        <name>Alltech Inc</name>
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        <title>ALLTECH 10/15/26</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Trident TPI Holdings Inc</name>
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        <title>Tekni 09/15/28</title>
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      <invstOrSec>
        <name>Carlyle Global Market Strategi</name>
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        <title>Carlyle US CLO 2023-5 Ltd</title>
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        <invCountry>KY</invCountry>
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        <name>PERATON CORP 02/01/28</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GREAT CANADIAN G 11/01/26</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Level 3 Financing Inc</name>
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        <name>Lightstone Holdco LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OMNIA Partners LLC</name>
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        <name>VERTIV GROUP CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CCI Buyer Inc</name>
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        <name>Great Outdoors Group LLC</name>
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        <name>MPH ACQUISITION 09/01/28</name>
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        <name>Natel Engineering Co Inc</name>
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        <name>DIVERSIFIED HEALTHCARE T</name>
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        <name>NAB Holdings LLC</name>
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        <name>Nassau LTD</name>
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        <name>Pro Mach Group Inc</name>
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        <name>Cinemark USA Inc</name>
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      <invstOrSec>
        <name>CLUE OPCO LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Alltech Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lifetime Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Acrisure LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cimpress USA Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>UNITED AIRLINES INC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-21</maturityDt>
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        <name>Lumen Technologies Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
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        <name>Pacific Dental Services Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-05</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>BPR Nimbus LLC</name>
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        <title>GGP/BROOKFIELD RT 8/27/25</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LEVEL 3 FINANCING INC</name>
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        <title>Level 3 Financing Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Global Tel*Link Corp</name>
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        <title>GLOBAL TEL LINK 11/29/25</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>INSTRUCTURE HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Instructure Holdings Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Truck Hero Inc</name>
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        <title>TRUCK HERO INC 01/31/28</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>VT Topco Inc</name>
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        <title>VERITEXT 8/23 CO 08/03/30</title>
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        <invCountry>US</invCountry>
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        <name>Mitel Networks 1 10/18/27</name>
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        <title>Mitel Networks 1 10/18/27</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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        <name>VISTAJET MALTA/VM HOLDS</name>
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        <title>VistaJet Malta Finance PLC / Vista Management Holding Inc</title>
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        <invCountry>MT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Arcis Golf LLC</name>
        <lei>254900ZMGXNNIX4SXQ48</lei>
        <title>ARCIS GOLF 11/19/28</title>
        <cusip>03958MAC1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bombardier Recreational Products Inc</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Xplornet Communications Inc</name>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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      <invstOrSec>
        <name>Cimpress USA Inc</name>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-17</maturityDt>
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        <name>IQVI 01/02/31</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-02</maturityDt>
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      <invstOrSec>
        <name>Alltech Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dexko Global Inc</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LifePoint Health Inc</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-16</maturityDt>
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        <name>LEVEL 3 FINANCING INC</name>
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        <title>Level 3 Financing Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Cloudera Inc</name>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Nexstar Media Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pretium PKG Holdings Inc</name>
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        <title>Pretium Packagin 10/02/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Patagonia Holdco LLC</name>
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        <name>American Airlines Inc</name>
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        <name>COVANTA HOLDING CORP</name>
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        <invCountry>US</invCountry>
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        <name>Crosby US Acquisition Corp</name>
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        <title>CROSBY US ACQUIS 06/26/26</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Indy US Holdco LLC</name>
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        <title>INDY US BIDCO LL 03/05/28</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-05</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Viasat Inc</name>
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        <name>AI Aqua Merger Sub Inc</name>
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        <name>Sharp Services LLC</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Proampac PG Borrower LLC</name>
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        <name>Cornerstone OnDemand Inc</name>
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        <name>Zayo Group Holdings Inc</name>
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        <name>Castlelake Aviation One DAC</name>
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        <name>Alliance Laundry Systems LLC</name>
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        <name>WATLOW ELECTRIC MANUFACT</name>
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        <name>Crown Subsea Communications Holding Inc</name>
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        <name>Geon Performance Solutions LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Blackstone Mortgage Trust Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NCR Atleos Corp</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>OLYMPUS WTR US H 11/09/28</name>
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        <title>OLYMPUS WTR US H 11/09/28</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mileage Plus Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Trinitas CLO Ltd</name>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-22</maturityDt>
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        <name>Hyster-Yale Group Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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        <name>JPMORGAN CHASE &amp; CO</name>
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        <name>Entegris Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AIP RD Buyer Corp</name>
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        <name>Olympus Water US Holding Corp</name>
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        <name>Avoca CLO</name>
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        <name>Global Tel*Link Corp</name>
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        <title>GLOBAL TEL LINK 11/29/25</title>
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        <name>Pegasus Bidco BV</name>
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        <name>Learning Care Group US No 2 Inc</name>
        <lei>5493000VMN44LK8QID23</lei>
        <title>LEARNING CARE GR 08/08/28</title>
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        <invCountry>US</invCountry>
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        <name>JPMorgan Chase Bank, National Association</name>
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        <name>Univision Communications Inc</name>
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      <invstOrSec>
        <name>ASHTON WOODS USA/FINANCE</name>
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        <name>AL GCX Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clydesdale Acquisition Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SRS DISTRIBUTION 06/02/28</name>
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        <title>SRS DISTRIBUTION 06/02/28</title>
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        <name>EG America LLC</name>
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        <name>The Bank of New York Mellon</name>
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        <name>Altice Financing SA</name>
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        <name>Medline Borrower LP</name>
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        <name>DIGICEL GRP HLDGS LTD 1A BND/CORP</name>
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        <name>Alterra Mountain Co</name>
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        <name>Univision Communications Inc</name>
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        <name>Uber Technologies Inc</name>
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        <title>UBER TECHNOLOGIE 02/28/30</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-03</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NABORS INDUSTRIES INC</name>
        <lei>549300VFQWRKICUFNU92</lei>
        <title>Nabors Industries Inc</title>
        <cusip>62957HAJ4</cusip>
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          <isin value="US62957HAJ41"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72521.69000000</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>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J&amp;J Ventures Gaming LLC</name>
        <lei>549300BYPH8FLKS5ZS70</lei>
        <title>J&amp;J VENTURES GAM 04/26/28</title>
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          <isin value="US46604BAD01"/>
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        <balance>53571.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51897.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.69410000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cornerstone Building Brands Inc</name>
        <lei>549300IW41QEWQ6T0H29</lei>
        <title>CORNERSTONE BLDG 08/01/28</title>
        <cusip>21925FAB0</cusip>
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          <isin value="US21925FAB04"/>
          <other otherDesc="INTERNAL" value="BL3971142"/>
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        <balance>197562.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195586.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.97220000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bombardier Recreational Products Inc</name>
        <lei>N/A</lei>
        <title>BOMBARDIER RECRE 05/24/27</title>
        <cusip>09776MAM6</cusip>
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          <isin value="XA09776MAM66"/>
          <other otherDesc="INTERNAL" value="BL3295781"/>
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        <balance>99226.81000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98358.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.34280000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29278NAQ6</cusip>
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          <isin value="US29278NAQ60"/>
          <other otherDesc="SEDOL" value="BL3BQ53"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67345.44000000</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>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>Asurion LLC</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>ASURION LLC 07/31/27</title>
        <cusip>04649VAY6</cusip>
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          <isin value="US04649VAY65"/>
          <other otherDesc="INTERNAL" value="BL3547827"/>
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        <balance>243773.09000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>238114.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.59280000</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>DIG INTL FIN/DIG INTL HL</name>
        <lei>N/A</lei>
        <title>Digicel International Finance Ltd/Digicel international Holdings Ltd</title>
        <cusip>25381XAD5</cusip>
        <identifiers>
          <isin value="US25381XAD57"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68000.00000000</valUSD>
        <pctVal>0.138523572407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>13.00000000</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>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital</title>
        <cusip>161175CJ1</cusip>
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          <isin value="US161175CJ14"/>
          <other otherDesc="SEDOL" value="BPCMGY4"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66450.85000000</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>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OFSI Fund LTD</name>
        <lei>N/A</lei>
        <title>OFSI BSL XII Ltd</title>
        <cusip>67115UAE4</cusip>
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          <isin value="US67115UAE47"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250016.55000000</valUSD>
        <pctVal>0.509311553926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.56582000</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>Covanta Holding Corp</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>COVANTA HLDG 11/30/28</title>
        <cusip>22282GAF4</cusip>
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          <isin value="US22282GAF46"/>
          <other otherDesc="INTERNAL" value="BL4295103"/>
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        <balance>8720.93000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8704.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.32950000</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>PERRIGO INVESTMENTS LLC</name>
        <lei>549300POZGC78VHAAJ73</lei>
        <title>Perrigo Investments LLC</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BL3890177"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99562.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.68480000</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>Sonicwall US Holdings Inc</name>
        <lei>549300KJE1MHNCWBX302</lei>
        <title>SONICWALL US HOL 05/31/28</title>
        <cusip>83547MAF4</cusip>
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          <isin value="US83547MAF41"/>
          <other otherDesc="INTERNAL" value="BL4376895"/>
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        <balance>98260.46000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94806.02000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.34280000</annualizedRt>
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      <invstOrSec>
        <name>Snap One Holdings Corp</name>
        <lei>254900UH1TKVPR8FDW43</lei>
        <title>SNAP ONE HOLDING 12/08/28</title>
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          <isin value="US83304CAB81"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.94280000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AmWINS Group Inc</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>AMWINS GROUP INC 02/19/28</title>
        <cusip>03234TAZ1</cusip>
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          <other otherDesc="INTERNAL" value="BL4124568"/>
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        <balance>79400.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79499.25000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.17960000</annualizedRt>
          <isDefault>N</isDefault>
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        <name>Cinemark USA Inc</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>CINEMARK USA 05/15/30</title>
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        <curCd>USD</curCd>
        <valUSD>47635.92000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.09720000</annualizedRt>
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      <invstOrSec>
        <name>AppLovin Corp</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>APPLOVIN 08/15/30</title>
        <cusip>03835EAG9</cusip>
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          <other otherDesc="INTERNAL" value="BL4381804"/>
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        <balance>149625.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149587.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.43250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>060505GB4</cusip>
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        <name>Learning Care Group US No 2 Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DIVERSIFIED HEALTHCARE T</name>
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        <name>Tenneco Inc</name>
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        <name>Emerald Debt Merger Sub LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Acrisure LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gates Global LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Atlas Static Senior Loan Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sound Inpatient Physicians Holdings LLC</name>
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        <name>Spectrum Group Buyer Inc</name>
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        <name>Tenneco Inc</name>
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        <name>Sound Point CLO LTD</name>
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        <name>Uber Technologies Inc</name>
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        <name>Redstone Holdco 2 LP</name>
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        <name>OMNIA PARTNERS LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRST STUDENT BI 07/21/28</name>
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        <name>Radiate Holdco LLC</name>
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        <name>HarbourVest Partners LP</name>
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        <name>Carnival Corp</name>
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        <name>CP Atlas Buyer Inc</name>
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        <name>Vector WP HoldCo Inc</name>
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        <name>Hunter Douglas Inc</name>
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        <name>Trident TPI Holdings Inc</name>
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        <name>Smyrna Ready Mix Concrete LLC</name>
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        <name>SILVER ROCK CLO LTD</name>
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        <name>AthenaHealth Group Inc</name>
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        <name>TANK HOLDING CORP</name>
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        <name>Nouryon USA LLC</name>
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        <name>Sandvine Corp</name>
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        <name>Grinding Media Inc</name>
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        <name>OSMOSE UTILITIES SERVICE</name>
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        <name>Cinemark USA Inc</name>
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        <name>Sunset Debt Merger Sub Inc</name>
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        <name>JPMorgan Chase Bank, National Association</name>
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        <name>Kingpin Intermediate Holdings LLC</name>
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      <invstOrSec>
        <name>II-VI Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hudson River Trading LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dexko Global Inc</name>
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        <title>DEXKO GLOBAL 10/04/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ORBCOMM Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
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        <name>Golub Capital Partners CLO, LT</name>
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        <invCountry>JE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-25</maturityDt>
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        <name>Tank Holding Corp</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2028-03-31</maturityDt>
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      <invstOrSec>
        <name>Connect Finco SARL</name>
        <lei>2594001KNYIQ456J2792</lei>
        <title>CONNECT FINCO SA 12/11/26</title>
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          <isin value="XAL2000DAD65"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-11</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Iridium Satellite LLC</name>
        <lei>254900615BJ7139TFM33</lei>
        <title>IRIDIUM COMMUNIC 09/15/30</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>J&amp;J Ventures Gaming LLC</name>
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        <title>J&amp;J VENTURES GAM 04/26/28</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-26</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>VFH Parent LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sonicwall US Holdings Inc</name>
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        <title>SONICWALL US HOL 05/31/28</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-16</maturityDt>
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        <name>LEVEL 3 FINANCING INC</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>Level 3 Financing Inc</title>
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        <name>DIGICEL LTD</name>
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        <title>Digicel Ltd</title>
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        <invCountry>JM</invCountry>
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        <name>Polaris Newco LLC</name>
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        <invCountry>US</invCountry>
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        <name>Greystar Real Estate Partners LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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        <name>Hunter Douglas Inc</name>
        <lei>529900811T142NS3H544</lei>
        <title>HUNTER DOUGLAS ( 02/09/29</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-26</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>BUCKEYE PARTNERS LP</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>BUCKEYE PARTNERS LP</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Topgolf Callaway Brands Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORBCOMM Inc</name>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Covanta Holding Corp</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
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        <balance>116279.07000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STARS GROUP HLDG BV</name>
        <lei>N/A</lei>
        <title>STARS GROUP HLDG BV</title>
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          <other otherDesc="INTERNAL" value="B8AAV0YK3"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>224250.08000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-31</maturityDt>
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      <invstOrSec>
        <name>VIASAT INC 03/31/29</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>VIASAT INC 03/31/29</title>
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          <isin value="US92555WAD74"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-05</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>GIP III Stetson I LP</name>
        <lei>549300MLKSDQYN3TMQ54</lei>
        <title>GIP III STETSON 10/31/28</title>
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          <isin value="US36173DAC02"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-31</maturityDt>
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      <invstOrSec>
        <name>Digicel International Finance Ltd</name>
        <lei>5493007V023VOEW4FK27</lei>
        <title>DIGICEL INTERNAT 05/27/24</title>
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          <isin value="XAP3562BAD46"/>
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        <balance>276380.06000000</balance>
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        <curCd>USD</curCd>
        <valUSD>254960.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LC</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-27</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Sinclair Television Group Inc</name>
        <lei>549300CQGEN0CH65UD62</lei>
        <title>SINCLAIR TV GRP 04/21/29</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>ARCHKEY HOLDINGS INC</name>
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        <name>Golden Entertainment Inc</name>
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        <title>Golden Entertain 05/19/30</title>
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        <name>Lifetime Brands Inc</name>
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        <name>MLN US HOLDCO LL 10/18/27</name>
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        <name>IRB Holding Corp</name>
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        <title>IRB HOLDING CORP 12/15/27</title>
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        <name>Clarios Global LP</name>
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        <title>POWER SOLUTIONS 04/17/30</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GAP INC/THE</name>
        <lei>T2ZG1WRWZ4BUCMQL9224</lei>
        <title>Gap Inc/The</title>
        <cusip>364760AQ1</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>

      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-01-23</ncom:dateSigned>
      <ncom:nameOfApplicant>PGIM ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Christian J. Kelly</ncom:signature>
      <ncom:signerName>Christian J. Kelly</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
