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      <invstOrSec>
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        <name>ALTAGAS LTD V/R 10/15/54</name>
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      <invstOrSec>
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      <invstOrSec>
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        <name>SM ENERGY CO 7% 08/01/32</name>
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        <name>ENQUEST PLC 11.625% 11/01/27</name>
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          <isin value="US29357JAC09"/>
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        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL LNG 7% 01/15/30</name>
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        <name>NGL ENRGY OP/F 8.125% 02/15/29</name>
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        <name>NABORS INDUSTRIE 7.5% 01/15/28</name>
        <lei>5493008TXYN3II3PU369</lei>
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        <invCountry>BM</invCountry>

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        <name>MAGNOLIA OIL G 6.875% 12/01/32</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TALOS PRODUCTION I 9% 02/01/29</name>
        <lei>N/A</lei>
        <title>TALOS PRODUCTION INC REGD 144A P/P 9.00000000</title>
        <cusip>87485LAD6</cusip>
        <identifiers>
          <isin value="US87485LAD64"/>
        </identifiers>
        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46299.56000000</valUSD>
        <pctVal>0.394437856758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUCKEYE PARTNE 4.125% 12/01/27</name>
        <lei>N/A</lei>
        <title>BUCKEYE PARTNERS LP REGD 4.12500000</title>
        <cusip>118230AR2</cusip>
        <identifiers>
          <isin value="US118230AR27"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29684.27000000</valUSD>
        <pctVal>0.252887928918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BAYTEX ENERGY CO 8.5% 04/30/30</name>
        <lei>549300R5LTV2H7I1I079</lei>
        <title>BAYTEX ENERGY CORP REGD 144A P/P 8.50000000</title>
        <cusip>07317QAJ4</cusip>
        <identifiers>
          <isin value="US07317QAJ40"/>
        </identifiers>
        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56429.46000000</valUSD>
        <pctVal>0.480737079584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TALLGRASS NRG P 6.75% 03/15/34</name>
        <lei>N/A</lei>
        <title>TALLGRASS NRG PRTNR/FIN REGD 144A P/P 6.75000000</title>
        <cusip>87470LAM3</cusip>
        <identifiers>
          <isin value="US87470LAM37"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49655.76000000</valUSD>
        <pctVal>0.423030187546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNOCO LP 5.625% 03/15/31</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP REGD 144A P/P 5.62500000</title>
        <cusip>86765KAF6</cusip>
        <identifiers>
          <isin value="US86765KAF66"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70088.90000000</valUSD>
        <pctVal>0.597105361229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEATHERFORD INT 6.75% 10/15/33</name>
        <lei>N/A</lei>
        <title>WEATHERFORD INTERNATIONA REGD 144A P/P 6.75000000</title>
        <cusip>947075AW7</cusip>
        <identifiers>
          <isin value="US947075AW79"/>
        </identifiers>
        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>86923.64000000</valUSD>
        <pctVal>0.740524840046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PERMIAN RESOURC 6.25% 02/01/33</name>
        <lei>N/A</lei>
        <title>PERMIAN RESOURC OPTG LLC REGD 144A P/P 6.25000000</title>
        <cusip>71424VAB6</cusip>
        <identifiers>
          <isin value="US71424VAB62"/>
        </identifiers>
        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76384.58000000</valUSD>
        <pctVal>0.650739877972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PARKLAND CORP 4.5% 10/01/29</name>
        <lei>549300UY5C6HUV0XLS53</lei>
        <title>PARKLAND CORP REGD 144A P/P 4.50000000</title>
        <cusip>70137WAG3</cusip>
        <identifiers>
          <isin value="US70137WAG33"/>
        </identifiers>
        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53271.91000000</valUSD>
        <pctVal>0.453837099225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NABORS INDUSTR 9.125% 01/31/30</name>
        <lei>N/A</lei>
        <title>NABORS INDUSTRIES INC REGD 144A P/P 9.12500000</title>
        <cusip>62957HAP0</cusip>
        <identifiers>
          <isin value="US62957HAP01"/>
        </identifiers>
        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47324.93000000</valUSD>
        <pctVal>0.403173247444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ITT HOLDINGS LLC 6.5% 08/01/29</name>
        <lei>N/A</lei>
        <title>ITT HOLDINGS LLC REGD 144A P/P 6.50000000</title>
        <cusip>45074JAA2</cusip>
        <identifiers>
          <isin value="US45074JAA25"/>
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        <balance>86000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>83374.21000000</valUSD>
        <pctVal>0.710286333203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BORR IHC LTD  10.375% 11/15/30</name>
        <lei>N/A</lei>
        <title>BORR IHC LTD / BORR FIN REGD 144A P/P 10.37500000</title>
        <cusip>100018AB6</cusip>
        <identifiers>
          <isin value="US100018AB62"/>
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        <balance>46359.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46465.20000000</valUSD>
        <pctVal>0.395848986509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.37500000</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>ENERGEAN PLC 6.5% 04/30/27</name>
        <lei>549300RVMKU0CYUZBB05</lei>
        <title>ENERGEAN PLC REGD 144A P/P 6.50000000</title>
        <cusip>29280EAA7</cusip>
        <identifiers>
          <isin value="US29280EAA73"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34979.88000000</valUSD>
        <pctVal>0.298002592181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>ENERGY TRANSFER L V/R 02/15/56</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP REGD V/R SER . 6.75000000</title>
        <cusip>29273VBH2</cusip>
        <identifiers>
          <isin value="US29273VBH24"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>60235.38000000</valUSD>
        <pctVal>0.513160690689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GENESIS ENERGY  8.25% 01/15/29</name>
        <lei>N/A</lei>
        <title>GENESIS ENERGY LP/FIN REGD 8.25000000</title>
        <cusip>37185LAP7</cusip>
        <identifiers>
          <isin value="US37185LAP76"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47043.95000000</valUSD>
        <pctVal>0.400779506575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</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>HILCORP ENERGY  6.25% 04/15/32</name>
        <lei>N/A</lei>
        <title>HILCORP ENERGY I/HILCORP REGD 144A P/P 6.25000000</title>
        <cusip>431318AZ7</cusip>
        <identifiers>
          <isin value="US431318AZ78"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38007.47000000</valUSD>
        <pctVal>0.323795409883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>HILCORP ENERGY I/H 6% 04/15/30</name>
        <lei>N/A</lei>
        <title>HILCORP ENERGY I/HILCORP REGD 144A P/P 6.00000000</title>
        <cusip>431318AY0</cusip>
        <identifiers>
          <isin value="US431318AY04"/>
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        <balance>31000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30250.87000000</valUSD>
        <pctVal>0.257714940009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>
      <invstOrSec>
        <name>SUNOCO LP 5.875% 03/15/34</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP REGD 144A P/P 5.87500000</title>
        <cusip>86765KAG4</cusip>
        <identifiers>
          <isin value="US86765KAG40"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
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        <valUSD>65031.27000000</valUSD>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL L 9.5% 02/01/29</name>
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      <invstOrSec>
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      <invstOrSec>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HESS MIDSTREAM 5.875% 03/01/28</name>
        <lei>N/A</lei>
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        <cusip>428102AH0</cusip>
        <identifiers>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61274.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>VIVO ENERGY IN 5.125% 09/24/27</name>
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        <cusip>92856HAB0</cusip>
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        <curCd>USD</curCd>
        <valUSD>24961.68000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-24</maturityDt>
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        <name>BUCKEYE PARTNERS 5.6% 10/15/44</name>
        <lei>N/A</lei>
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        <cusip>118230AP6</cusip>
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          <isin value="US118230AP60"/>
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        <curCd>USD</curCd>
        <valUSD>18547.24000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SEADRILL FINAN 8.375% 08/01/30</name>
        <lei>N/A</lei>
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        <cusip>81172QAA2</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>40952.85000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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      <invstOrSec>
        <name>CATURUS ENERGY L 8.5% 02/15/30</name>
        <lei>254900LM244SIFQ1QY31</lei>
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        <cusip>49446BAA2</cusip>
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        <cusip>417558AB9</cusip>
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        <valUSD>36298.99000000</valUSD>
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        <name>CNX RESOURCES  7.375% 01/15/31</name>
        <lei>549300JK3KH8PWM3B226</lei>
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        <name>SUNOCO LP 7% 05/01/29</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP REGD 144A P/P 7.00000000</title>
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        <balance>55000.00000000</balance>
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        <name>DIAMOND FRGN/DIA 8.5% 10/01/30</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <name>NINE ENERGY SERVI 13% 02/01/28</name>
        <lei>549300KRLJCZBPZMKT65</lei>
        <title>NINE ENERGY SERVICE INC REGD SER * 13.00000000</title>
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          <isin value="US65441VAE11"/>
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        <curCd>USD</curCd>
        <valUSD>11728.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HILCORP ENERGY 8.375% 11/01/33</name>
        <lei>N/A</lei>
        <title>HILCORP ENERGY I/HILCORP REGD 144A P/P 8.37500000</title>
        <cusip>431318BC7</cusip>
        <identifiers>
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          <isin value="US86765LAN73"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30169.71000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGY TRANSFER L V/R 10/01/54</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP REGD V/R 7.12500000</title>
        <cusip>29273VBC3</cusip>
        <identifiers>
          <isin value="US29273VBC37"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31032.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>KINETIK HOLDIN 6.625% 12/15/28</name>
        <lei>N/A</lei>
        <title>KINETIK HOLDINGS LP REGD 144A P/P 6.62500000</title>
        <cusip>49461MAB6</cusip>
        <identifiers>
          <isin value="US49461MAB63"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77079.98000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>KODIAK GAS SERV 7.25% 02/15/29</name>
        <lei>N/A</lei>
        <title>KODIAK GAS SERVICES LLC REGD 144A P/P 7.25000000</title>
        <cusip>50012LAC8</cusip>
        <identifiers>
          <isin value="US50012LAC81"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57148.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNOCO LP/FINANC 4.5% 05/15/29</name>
        <lei>N/A</lei>
        <title>SUNOCO LP/FINANCE CORP REGD SER WI 4.50000000</title>
        <cusip>86765LAT4</cusip>
        <identifiers>
          <isin value="US86765LAT44"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58880.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>SATURN OIL &amp; G 9.625% 06/15/29</name>
        <lei>549300G6BWJ7K6PIIY73</lei>
        <title>SATURN OIL &amp; GAS INC REGD 144A P/P 9.62500000</title>
        <cusip>80412LAA5</cusip>
        <identifiers>
          <isin value="US80412LAA52"/>
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        <balance>36000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36455.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.62500000</annualizedRt>
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      <invstOrSec>
        <name>NUSTAR LOGISTI 6.375% 10/01/30</name>
        <lei>N/A</lei>
        <title>NUSTAR LOGISTICS LP REGD 6.37500000</title>
        <cusip>67059TAH8</cusip>
        <identifiers>
          <isin value="US67059TAH86"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46903.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>VITAL ENERGY IN 9.75% 10/15/30</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>VITAL ENERGY INC REGD 9.75000000</title>
        <cusip>516806AJ5</cusip>
        <identifiers>
          <isin value="US516806AJ59"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15454.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CIVITAS RESOURC 8.75% 07/01/31</name>
        <lei>IIVIHPH28S64K95M2381</lei>
        <title>CIVITAS RESOURCES INC REGD 144A P/P 8.75000000</title>
        <cusip>17888HAB9</cusip>
        <identifiers>
          <isin value="US17888HAB96"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97783.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>VIRIDIEN 10% 10/15/30</name>
        <lei>969500FCVQ5SLAAUJV59</lei>
        <title>VIRIDIEN REGD 144A P/P 10.00000000</title>
        <cusip>12531QAA3</cusip>
        <identifiers>
          <isin value="US12531QAA31"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36700.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>BUCKEYE PARTNERS 4.5% 03/01/28</name>
        <lei>N/A</lei>
        <title>BUCKEYE PARTNERS LP REGD 144A P/P 4.50000000</title>
        <cusip>118230AU5</cusip>
        <identifiers>
          <isin value="US118230AU55"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34746.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>TGNR INTERMEDIAT 5.5% 10/15/29</name>
        <lei>5493007AZNVKZ5HEMT23</lei>
        <title>TGNR INTERMEDIATE HOLDIN REGD 144A P/P 5.50000000</title>
        <cusip>77289KAA3</cusip>
        <identifiers>
          <isin value="US77289KAA34"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48507.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>DELEK LOG PART 7.375% 06/30/33</name>
        <lei>N/A</lei>
        <title>DELEK LOG PART/FINANCE REGD 144A P/P 7.37500000</title>
        <cusip>24665FAE2</cusip>
        <identifiers>
          <isin value="US24665FAE25"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50770.15000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>MATADOR RESOURC 6.25% 04/15/33</name>
        <lei>549300CI3Q2UUK5R4G79</lei>
        <title>MATADOR RESOURCES CO REGD 144A P/P 6.25000000</title>
        <cusip>576485AH9</cusip>
        <identifiers>
          <isin value="US576485AH95"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50051.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>SUNOCO LP/FINANCE  6% 04/15/27</name>
        <lei>N/A</lei>
        <title>SUNOCO LP/FINANCE CORP REGD SER WI 6.00000000</title>
        <cusip>86765LAQ0</cusip>
        <identifiers>
          <isin value="US86765LAQ05"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45163.89000000</valUSD>
        <pctVal>0.384762792010</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>RANGE RESOURCES 8.25% 01/15/29</name>
        <lei>H3Y3WLYCX0BTO1TRW162</lei>
        <title>RANGE RESOURCES CORP REGD SER WI 8.25000000</title>
        <cusip>75281ABJ7</cusip>
        <identifiers>
          <isin value="US75281ABJ79"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40832.44000000</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>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>NUSTAR LOGISTI 5.625% 04/28/27</name>
        <lei>N/A</lei>
        <title>NUSTAR LOGISTICS LP REGD 5.62500000</title>
        <cusip>67059TAE5</cusip>
        <identifiers>
          <isin value="US67059TAE55"/>
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        <balance>38000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38348.53000000</valUSD>
        <pctVal>0.326700987720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CIVITAS RESOURCES  5% 10/15/26</name>
        <lei>IIVIHPH28S64K95M2381</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRANSOCEAN AQUILA  8% 09/30/28</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US893790AA34"/>
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        <valUSD>18629.84000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HILCORP ENERGY 6.875% 05/15/34</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>GULFPORT ENERGY 6.75% 09/01/29</name>
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        <cusip>402635AT3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUCKEYE PARTNER 5.85% 11/15/43</name>
        <lei>N/A</lei>
        <title>BUCKEYE PARTNERS LP REGD 5.85000000</title>
        <cusip>118230AM3</cusip>
        <identifiers>
          <isin value="US118230AM30"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28175.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-15</maturityDt>
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      <invstOrSec>
        <name>TRANSOCEAN INTER 7.5% 04/15/31</name>
        <lei>N/A</lei>
        <title>TRANSOCEAN INTERNTNL LTD REGD 7.50000000</title>
        <cusip>893830AF6</cusip>
        <identifiers>
          <isin value="US893830AF64"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-15</maturityDt>
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        <name>GENESIS ENERGY 7.875% 05/15/32</name>
        <lei>N/A</lei>
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        <cusip>37185LAQ5</cusip>
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          <isin value="US37185LAQ59"/>
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        <balance>50000.00000000</balance>
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        <valUSD>51537.88000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NORTHERN OIL &amp;  8.75% 06/15/31</name>
        <lei>OKFF0PIZDDMNH4UCYE51</lei>
        <title>NORTHERN OIL &amp; GAS INC REGD 144A P/P 8.75000000</title>
        <cusip>665530AB7</cusip>
        <identifiers>
          <isin value="US665530AB71"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35715.39000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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      <invstOrSec>
        <name>ENERFLEX LTD 9% 10/15/27</name>
        <lei>54930014N7872VUS3F89</lei>
        <title>ENERFLEX LTD REGD 144A P/P 9.00000000</title>
        <cusip>29269RAA3</cusip>
        <identifiers>
          <isin value="US29269RAA32"/>
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        <balance>39000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39937.01000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
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          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>HILCORP ENERGY  5.75% 02/01/29</name>
        <lei>N/A</lei>
        <title>HILCORP ENERGY I/HILCORP REGD 144A P/P 5.75000000</title>
        <cusip>431318AU8</cusip>
        <identifiers>
          <isin value="US431318AU81"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44188.33000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RANGE RESOURCES 4.75% 02/15/30</name>
        <lei>H3Y3WLYCX0BTO1TRW162</lei>
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        <cusip>75281ABK4</cusip>
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        <balance>38000.00000000</balance>
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        <valUSD>37210.92000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VENTURE GLOBAL P 7.5% 05/01/33</name>
        <lei>549300TKP4I6OJ02BF90</lei>
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        <cusip>922966AA4</cusip>
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        <balance>85000.00000000</balance>
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        <valUSD>93533.92000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>NORTHERN OIL &amp; 7.875% 10/15/33</name>
        <lei>OKFF0PIZDDMNH4UCYE51</lei>
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        <cusip>665531AL3</cusip>
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          <isin value="US665531AL37"/>
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        <valUSD>48742.63000000</valUSD>
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        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <cusip>78454LAP5</cusip>
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        <balance>25000.00000000</balance>
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        <valUSD>25093.90000000</valUSD>
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          <couponKind>Fixed</couponKind>
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        <name>AETHON UN/AETHIN 7.5% 10/01/29</name>
        <lei>N/A</lei>
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        <cusip>00810GAD6</cusip>
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        <valUSD>72682.98000000</valUSD>
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        <name>BAYTEX ENERGY  7.375% 03/15/32</name>
        <lei>549300R5LTV2H7I1I079</lei>
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        <cusip>07317QAK1</cusip>
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          <isin value="US07317QAK13"/>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>HARVEST MIDSTREA 7.5% 09/01/28</name>
        <lei>549300DW5M17KJOXCY66</lei>
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        <cusip>417558AA1</cusip>
        <identifiers>
          <isin value="US417558AA18"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60879.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
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      <invstOrSec>
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        <name>KODIAK GAS SERV 6.75% 10/01/35</name>
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        <name>KODIAK GAS SERVI 6.5% 10/01/33</name>
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        <name>VENTURE GLOBAL 8.375% 06/01/31</name>
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        <name>BORR IHC LTD / BO 10% 11/15/28</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHORD ENERGY CORP 6% 10/01/30</name>
        <lei>529900FA4V2YNIKZ0M71</lei>
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          <isin value="US674215AQ11"/>
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        <curCd>USD</curCd>
        <valUSD>55165.27000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNOCO LP/FINANC 4.5% 04/30/30</name>
        <lei>N/A</lei>
        <title>SUNOCO LP/FINANCE CORP REGD 4.50000000</title>
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        <identifiers>
          <isin value="US86765LAZ04"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58167.27000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BRISTOW GROUP  6.875% 03/01/28</name>
        <lei>5493005Q24EN3UC1PV68</lei>
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        <cusip>11040GAA1</cusip>
        <identifiers>
          <isin value="US11040GAA13"/>
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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>ROCKIES EXPRESS  7.5% 07/15/38</name>
        <lei>N/A</lei>
        <title>ROCKIES EXPRESS PIPELINE REGD P/P 7.50000000</title>
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        <identifiers>
          <isin value="US77340RAD98"/>
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        <curCd>USD</curCd>
        <valUSD>16320.41000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
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        <name>PERMIAN RESOUR 9.875% 07/15/31</name>
        <lei>N/A</lei>
        <title>PERMIAN RESOURC OPTG LLC REGD 144A P/P 9.87500000</title>
        <cusip>27034RAC7</cusip>
        <identifiers>
          <isin value="US27034RAC79"/>
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        <balance>27000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29294.19000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>ANTERO MIDSTRE 6.625% 02/01/32</name>
        <lei>N/A</lei>
        <title>ANTERO MIDSTREAM PART/FI REGD 144A P/P 6.62500000</title>
        <cusip>03690AAK2</cusip>
        <identifiers>
          <isin value="US03690AAK25"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46626.88000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BUCKEYE PARTNER 6.75% 02/01/30</name>
        <lei>N/A</lei>
        <title>BUCKEYE PARTNERS LP REGD 144A P/P 6.75000000</title>
        <cusip>118230AW1</cusip>
        <identifiers>
          <isin value="US118230AW12"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36557.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>GLOBAL PART/GLP 8.25% 01/15/32</name>
        <lei>N/A</lei>
        <title>GLOBAL PART/GLP FINANCE REGD 144A P/P 8.25000000</title>
        <cusip>37954FAK0</cusip>
        <identifiers>
          <isin value="US37954FAK03"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31388.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALUMET SPECIA 8.125% 01/15/27</name>
        <lei>N/A</lei>
        <title>CALUMET SPECIALTY PROD REGD 144A P/P 8.12500000</title>
        <cusip>131477AV3</cusip>
        <identifiers>
          <isin value="US131477AV34"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24966.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
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      <invstOrSec>
        <name>MATADOR RESOUR 6.875% 04/15/28</name>
        <lei>549300CI3Q2UUK5R4G79</lei>
        <title>MATADOR RESOURCES CO REGD 144A P/P 6.87500000</title>
        <cusip>576485AF3</cusip>
        <identifiers>
          <isin value="US576485AF30"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35688.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CIVITAS RESOUR 8.625% 11/01/30</name>
        <lei>IIVIHPH28S64K95M2381</lei>
        <title>CIVITAS RESOURCES INC REGD 144A P/P 8.62500000</title>
        <cusip>17888HAC7</cusip>
        <identifiers>
          <isin value="US17888HAC79"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>IIVIHPH28S64K95M2381</lei>
        <title>CIVITAS RESOURCES INC REGD 144A P/P 8.37500000</title>
        <cusip>17888HAA1</cusip>
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          <isin value="US17888HAA14"/>
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        <balance>95000.00000000</balance>
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        <valUSD>98275.98000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>HILCORP ENERGY I/H 6% 02/01/31</name>
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        <cusip>431318AV6</cusip>
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          <isin value="US431318AV64"/>
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        <name>BUCKEYE PARTNER 3.95% 12/01/26</name>
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        <cusip>118230AQ4</cusip>
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          <isin value="US118230AQ44"/>
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          <maturityDt>2026-12-01</maturityDt>
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      <invstOrSec>
        <name>PARKLAND CORP 6.625% 08/15/32</name>
        <lei>549300UY5C6HUV0XLS53</lei>
        <title>PARKLAND CORP REGD 144A P/P 6.62500000</title>
        <cusip>70137WAN8</cusip>
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          <isin value="US70137WAN83"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>SM ENERGY CO 6.75% 08/01/29</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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          <isin value="US78454LAX82"/>
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        <valUSD>54926.37000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>PRECISION DRIL 6.875% 01/15/29</name>
        <lei>549300WF2OE8T5BP4B84</lei>
        <title>PRECISION DRILLING CORP REGD 144A P/P 6.87500000</title>
        <cusip>740212AM7</cusip>
        <identifiers>
          <isin value="US740212AM74"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30190.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <name>HILCORP ENERGY  6.25% 11/01/28</name>
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        <name>SOUTH BOW CAN INF V/R 03/01/55</name>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GENESIS ENERGY LP/ 8% 05/15/33</name>
        <lei>N/A</lei>
        <title>GENESIS ENERGY LP/FIN REGD 8.00000000</title>
        <cusip>37185LAR3</cusip>
        <identifiers>
          <isin value="US37185LAR33"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46523.25000000</valUSD>
        <pctVal>0.396343529386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ROCKIES EXPRESS  4.8% 05/15/30</name>
        <lei>N/A</lei>
        <title>ROCKIES EXPRESS PIPELINE REGD 144A P/P 4.80000000</title>
        <cusip>77340RAT4</cusip>
        <identifiers>
          <isin value="US77340RAT41"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24537.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VITAL ENERGY IN 7.75% 07/31/29</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>VITAL ENERGY INC REGD 144A P/P 7.75000000</title>
        <cusip>516806AH9</cusip>
        <identifiers>
          <isin value="US516806AH93"/>
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        <balance>24000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23617.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HESS MIDSTREAM 5.125% 06/15/28</name>
        <lei>N/A</lei>
        <title>HESS MIDSTREAM OPERATION REGD 144A P/P 5.12500000</title>
        <cusip>428104AA1</cusip>
        <identifiers>
          <isin value="US428104AA14"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39936.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>ITHACA ENERGY  8.125% 10/15/29</name>
        <lei>N/A</lei>
        <title>ITHACA ENERGY NORTH REGD 144A P/P 8.12500000</title>
        <cusip>46567TAC8</cusip>
        <identifiers>
          <isin value="US46567TAC80"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57802.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</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>
      <invstOrSec>
        <name>NFE FINANCING LLC 12% 11/15/29</name>
        <lei>N/A</lei>
        <title>NFE FINANCING LLC REGD 144A P/P MTN 12.00000000</title>
        <cusip>62909BAA5</cusip>
        <identifiers>
          <isin value="US62909BAA52"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46491.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.00000000</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>
      <invstOrSec>
        <name>TRANSMONTAIGNE P 8.5% 06/15/30</name>
        <lei>N/A</lei>
        <title>TRANSMONTAIGNE PARTNERS REGD 144A P/P 8.50000000</title>
        <cusip>89377AAA3</cusip>
        <identifiers>
          <isin value="US89377AAA34"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36668.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TGS ASA 8.5% 01/15/30</name>
        <lei>549300NUPLAXPB0WYH90</lei>
        <title>TGS ASA REGD 144A P/P 8.50000000</title>
        <cusip>87243KAA7</cusip>
        <identifiers>
          <isin value="US87243KAA79"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41570.02000000</valUSD>
        <pctVal>0.354145689380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <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>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="ISO country code not reported for forwards, swaps or supranationals." noteItem="C.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-11-28</ncom:dateSigned>
      <ncom:nameOfApplicant>BondBloxx ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Tony Kelly</ncom:signature>
      <ncom:signerName>Tony Kelly</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
