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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LAMAR MEDIA CO 3.625% 01/15/31</name>
        <lei>N/A</lei>
        <title>LAMAR MEDIA CORP REGD 3.62500000</title>
        <cusip>513075BZ3</cusip>
        <identifiers>
          <isin value="US513075BZ34"/>
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        <balance>97000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91660.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VERSANT MEDIA G 7.25% 01/30/31</name>
        <lei>254900D2Q5F5F229PU30</lei>
        <title>VERSANT MEDIA GROUP INC REGD 144A P/P 7.25000000</title>
        <cusip>925283AA1</cusip>
        <identifiers>
          <isin value="US925283AA12"/>
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        <curCd>USD</curCd>
        <valUSD>184581.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-30</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ALTICE FRANCE  6.875% 10/15/30</name>
        <lei>N/A</lei>
        <title>ALTICE FRANCE SA REGD 144A P/P 6.87500000</title>
        <cusip>02090DAB4</cusip>
        <identifiers>
          <isin value="US02090DAB47"/>
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        <balance>153409.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150945.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>XEROX CORPORATI 6.75% 12/15/39</name>
        <lei>N/A</lei>
        <title>XEROX CORPORATION REGD 6.75000000</title>
        <cusip>984121CB7</cusip>
        <identifiers>
          <isin value="US984121CB79"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20421.78000000</valUSD>
        <pctVal>0.039422824687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EW SCRIPPS CO 9.875% 08/15/30</name>
        <lei>549300U1OW41QPKYW028</lei>
        <title>EW SCRIPPS CO REGD 144A P/P 9.87500000</title>
        <cusip>811054AH8</cusip>
        <identifiers>
          <isin value="US811054AH89"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>124656.59000000</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>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SNAP INC 6.875% 03/01/33</name>
        <lei>549300JNC0L6VP8A2Q35</lei>
        <title>SNAP INC REGD 144A P/P 6.87500000</title>
        <cusip>83304AAL0</cusip>
        <identifiers>
          <isin value="US83304AAL08"/>
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        <balance>260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>266988.80000000</valUSD>
        <pctVal>0.515403292757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-01</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>
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      <invstOrSec>
        <name>GETTY IMAGES I 11.25% 02/21/30</name>
        <lei>N/A</lei>
        <title>GETTY IMAGES INC REGD 144A P/P 11.25000000</title>
        <cusip>374276AM5</cusip>
        <identifiers>
          <isin value="US374276AM59"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85110.29000000</valUSD>
        <pctVal>0.164299490141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.25000000</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>DISCOVERY COMM 4.125% 05/15/29</name>
        <lei>N/A</lei>
        <title>DISCOVERY COMMUNICATIONS REGD SER * 4.12500000</title>
        <cusip>25470DCA5</cusip>
        <identifiers>
          <isin value="US25470DCA54"/>
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        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>116668.80000000</valUSD>
        <pctVal>0.225220996843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.12500000</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>DELUXE CORP 8% 06/01/29</name>
        <lei>KWGNKB8TX9LE5TV29231</lei>
        <title>DELUXE CORP REGD 144A P/P 8.00000000</title>
        <cusip>248019AU5</cusip>
        <identifiers>
          <isin value="US248019AU57"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>86808.72000000</valUSD>
        <pctVal>0.167578191025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>VIRGIN MEDIA SEC 4.5% 08/15/30</name>
        <lei>N/A</lei>
        <title>VIRGIN MEDIA SECURED FIN REGD 144A P/P 4.50000000</title>
        <cusip>92769XAR6</cusip>
        <identifiers>
          <isin value="US92769XAR61"/>
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        <balance>157000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145157.58000000</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>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENTEGRIS INC 5.95% 06/15/30</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTEGRIS INC REGD 144A P/P 5.95000000</title>
        <cusip>29365BAB9</cusip>
        <identifiers>
          <isin value="US29365BAB99"/>
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        <balance>152000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155224.07000000</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>5.95000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ROGERS COMMUNICAT V/R 04/15/55</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>ROGERS COMMUNICATIONS IN REGD V/R SER NC5 7.00000000</title>
        <cusip>775109DG3</cusip>
        <identifiers>
          <isin value="US775109DG30"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197167.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-15</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>DYE &amp; DURHAM L 8.625% 04/15/29</name>
        <lei>N/A</lei>
        <title>DYE &amp; DURHAM LIMITED REGD 144A P/P 8.62500000</title>
        <cusip>267486AA6</cusip>
        <identifiers>
          <isin value="US267486AA63"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90036.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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          <annualizedRt>8.62500000</annualizedRt>
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      <invstOrSec>
        <name>GO DADDY OPCO/FI 3.5% 03/01/29</name>
        <lei>N/A</lei>
        <title>GO DADDY OPCO/FINCO REGD 144A P/P 3.50000000</title>
        <cusip>38016LAC9</cusip>
        <identifiers>
          <isin value="US38016LAC90"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>133119.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>WARNERMEDIA HOL 5.05% 03/15/42</name>
        <lei>N/A</lei>
        <title>WARNERMEDIA HOLDINGS INC REGD SER * 5.05000000</title>
        <cusip>55903VBW2</cusip>
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          <isin value="US55903VBW28"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>511125.00000000</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>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</annualizedRt>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC 5.5% 04/15/27</name>
        <lei>N/A</lei>
        <title>CSC HOLDINGS LLC REGD 144A P/P 5.50000000</title>
        <cusip>126307AQ0</cusip>
        <identifiers>
          <isin value="US126307AQ03"/>
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        <balance>218000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>192584.14000000</valUSD>
        <pctVal>0.371770276089</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>ARCHES BUYER I 6.125% 12/01/28</name>
        <lei>2549009ADY4208OH2Y47</lei>
        <title>ARCHES BUYER INC REGD 144A P/P 6.12500000</title>
        <cusip>039524AB9</cusip>
        <identifiers>
          <isin value="US039524AB93"/>
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        <balance>90000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88070.75000000</valUSD>
        <pctVal>0.170014452087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
        <name>ILIAD HOLDING SA 8.5% 04/15/31</name>
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      <invstOrSec>
        <name>MCGRAW-HILL EDUCAT 8% 08/01/29</name>
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        <cusip>57767XAB6</cusip>
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          <isin value="US57767XAB64"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SINCLAIR TELEV 8.125% 02/15/33</name>
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        <identifiers>
          <isin value="US829259BH26"/>
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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>TELECOM ITALIA 6.375% 11/15/33</name>
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          <isin value="US87927VAF58"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BEASLEY BROADCAST GRP INC -A</name>
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        <identifiers>
          <isin value="US0740142007"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PARAMOUNT GLOBAL V/R 02/28/57</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
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        <identifiers>
          <isin value="US92553PBC59"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LEVEL 3 FINANCIN 8.5% 01/15/36</name>
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        <title>LEVEL 3 FINANCING INC REGD 144A P/P 8.50000000</title>
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        <identifiers>
          <isin value="US527298CQ43"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225432.63000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>VODAFONE GROUP PL V/R 06/04/81</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HTA GROUP LTD 7.5% 06/04/29</name>
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          <isin value="US40435WAC47"/>
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        <invCountry>MU</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>VODAFONE GROUP PL V/R 04/04/79</name>
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          <isin value="US92857WBQ24"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEXSTAR MEDIA  5.625% 07/15/27</name>
        <lei>N/A</lei>
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          <isin value="US65343HAA95"/>
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        <name>LAMAR MEDIA CO 4.875% 01/15/29</name>
        <lei>N/A</lei>
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        <cusip>513075BW0</cusip>
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          <isin value="US513075BW03"/>
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        <name>CIPHER COMPUTE 7.125% 11/15/30</name>
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          <isin value="US17253NAA54"/>
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        <name>CCO HLDGS LLC/ 5.375% 06/01/29</name>
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          <isin value="US1248EPCB75"/>
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        <name>FIBERCOP S.P.A. 6% 09/30/34</name>
        <lei>N/A</lei>
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          <isin value="US683879AD22"/>
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        <valUSD>87848.30000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LAMAR MEDIA CORP 4% 02/15/30</name>
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      <invstOrSec>
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        <name>TEGNA INC 5% 09/15/29</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALTICE FRANCE SA 6.5% 10/15/31</name>
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        <name>CLOUD SOFTWARE 6.625% 08/15/33</name>
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        <name>GRAY MEDIA INC 4.75% 10/15/30</name>
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        <name>AMC NETWORKS IN 10.5% 07/15/32</name>
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        <name>UNIVISION COMM 7.375% 06/30/30</name>
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        <name>SINCLAIR TELEVI 9.75% 02/15/33</name>
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        <name>NCR VOYIX CORP 5% 10/01/28</name>
        <lei>549300YKTY8JX1DV2R67</lei>
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        <name>TELECOM ITALIA CAP 6% 09/30/34</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>QNITY ELECTRONI 6.25% 08/15/33</name>
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      <invstOrSec>
        <name>DOTDASH MEREDI 7.625% 06/15/32</name>
        <lei>549300R2AA7U9CJUQO13</lei>
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        <cusip>25849JAA8</cusip>
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          <isin value="US25849JAA88"/>
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      <invstOrSec>
        <name>ENTEGRIS INC 4.75% 04/15/29</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
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          <isin value="US29365BAA17"/>
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      <invstOrSec>
        <name>UNITI GROUP/CS 8.625% 06/15/32</name>
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          <isin value="US91327TAC53"/>
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      <invstOrSec>
        <name>WEST TECHNOLOGY  8.5% 04/10/27</name>
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        <cusip>956187AA6</cusip>
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          <isin value="US956187AA63"/>
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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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        <name>ALTICE FRANCE  6.875% 07/15/32</name>
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          <isin value="US02090DAE85"/>
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        <balance>267229.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LUMEN TECHNOLO 4.125% 04/15/29</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
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        <cusip>550241AB9</cusip>
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          <isin value="US550241AB91"/>
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        <name>FIBERCOP SPA 7.2% 07/18/36</name>
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          <isin value="US683879AF79"/>
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        <name>ENTEGRIS INC 3.625% 05/01/29</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
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          <isin value="US29362UAD63"/>
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        <name>CLOUD SOFTWARE GRP 9% 09/30/29</name>
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        <name>ROCKET SOFTWARE  6.5% 02/15/29</name>
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        <name>TELUS CORP V/R 10/15/55</name>
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        <invCountry>CA</invCountry>
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        <name>SNAP INC 6.875% 03/15/34</name>
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          <isin value="US83304AAM80"/>
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        <name>DISH NETWORK C 11.75% 11/15/27</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GRAY MEDIA INC 5.375% 11/15/31</name>
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        <cusip>389286AA3</cusip>
        <identifiers>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>XEROX CORPORATIO 4.8% 03/01/35</name>
        <lei>N/A</lei>
        <title>XEROX CORPORATION REGD 4.80000000</title>
        <cusip>984121CL5</cusip>
        <identifiers>
          <isin value="US984121CL51"/>
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        <balance>47000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12919.89000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVISION COMMUNIC 8% 08/15/28</name>
        <lei>N/A</lei>
        <title>UNIVISION COMMUNICATIONS REGD 144A P/P 8.00000000</title>
        <cusip>914906AY8</cusip>
        <identifiers>
          <isin value="US914906AY80"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258144.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LEVEL 3 FINANC 6.875% 06/30/33</name>
        <lei>N/A</lei>
        <title>LEVEL 3 FINANCING INC REGD 144A P/P 6.87500000</title>
        <cusip>527298CM3</cusip>
        <identifiers>
          <isin value="US527298CM39"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>360871.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>OPEN TEXT INC 4.125% 12/01/31</name>
        <lei>N/A</lei>
        <title>OPEN TEXT INC REGD 144A P/P 4.12500000</title>
        <cusip>683720AC0</cusip>
        <identifiers>
          <isin value="US683720AC08"/>
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        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103416.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ON SEMICONDUCT 3.875% 09/01/28</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
        <title>ON SEMICONDUCTOR CORP REGD 144A P/P 3.87500000</title>
        <cusip>682189AQ8</cusip>
        <identifiers>
          <isin value="US682189AQ81"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122769.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>DIRECTV FINANC 8.875% 02/01/30</name>
        <lei>N/A</lei>
        <title>DIRECTV FINANCING LLC REGD 144A P/P 8.87500000</title>
        <cusip>25461LAB8</cusip>
        <identifiers>
          <isin value="US25461LAB80"/>
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        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136871.07000000</valUSD>
        <pctVal>0.264220072756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>AMC NETWORKS IN 4.25% 02/15/29</name>
        <lei>549300VGG9K75226LR46</lei>
        <title>AMC NETWORKS INC REGD 4.25000000</title>
        <cusip>00164VAF0</cusip>
        <identifiers>
          <isin value="US00164VAF04"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43931.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>RACKSPACE FINANC 3.5% 05/15/28</name>
        <lei>N/A</lei>
        <title>RACKSPACE FINANCE LLC REGD 144A P/P 3.50000000</title>
        <cusip>75008WAA1</cusip>
        <identifiers>
          <isin value="US75008WAA18"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14575.00000000</valUSD>
        <pctVal>0.028136022904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>MILLICOM INTL  7.375% 04/02/32</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>MILLICOM INTL CELLULAR REGD 144A P/P 7.37500000</title>
        <cusip>600814AS6</cusip>
        <identifiers>
          <isin value="US600814AS68"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83283.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CSC HOLDINGS L 5.375% 02/01/28</name>
        <lei>N/A</lei>
        <title>CSC HOLDINGS LLC REGD 144A P/P 5.37500000</title>
        <cusip>126307AS6</cusip>
        <identifiers>
          <isin value="US126307AS68"/>
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        <balance>179000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>133746.63000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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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>ZIGGO BOND CO  5.125% 02/28/30</name>
        <lei>N/A</lei>
        <title>ZIGGO BOND CO BV REGD 144A P/P 5.12500000</title>
        <cusip>98953GAD7</cusip>
        <identifiers>
          <isin value="US98953GAD79"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79148.12000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-28</maturityDt>
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        <name>URBAN ONE INC 7.625% 04/01/31</name>
        <lei>549300PLGIGPBRQUP240</lei>
        <title>URBAN ONE INC REGD 144A P/P 7.62500000</title>
        <cusip>91705JAD7</cusip>
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          <isin value="US91705JAD72"/>
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        <curCd>USD</curCd>
        <valUSD>30103.10000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TEGNA INC 4.625% 03/15/28</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TEGNA INC REGD 4.62500000</title>
        <cusip>87901JAJ4</cusip>
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          <isin value="US87901JAJ43"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178844.96000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <name>CIMPRESS PLC 7.375% 09/15/32</name>
        <lei>549300X1IFD75XISOR81</lei>
        <title>CIMPRESS PLC REGD 144A P/P 7.37500000</title>
        <cusip>17186HAH5</cusip>
        <identifiers>
          <isin value="US17186HAH57"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97667.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>SIRIUS XM RADI 3.875% 09/01/31</name>
        <lei>N/A</lei>
        <title>SIRIUS XM RADIO LLC REGD 144A P/P 3.87500000</title>
        <cusip>82967NBM9</cusip>
        <identifiers>
          <isin value="US82967NBM92"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237669.71000000</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>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>WARNERMEDIA HO 5.141% 03/15/52</name>
        <lei>N/A</lei>
        <title>WARNERMEDIA HOLDINGS INC REGD SER * 5.14100000</title>
        <cusip>55903VBU6</cusip>
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          <isin value="US55903VBU61"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113411.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>OPEN TEXT INC 4.125% 02/15/30</name>
        <lei>N/A</lei>
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          <isin value="US683720AA42"/>
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        <fairValLevel>2</fairValLevel>
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        <name>BRITISH TELECOMMU V/R 11/23/81</name>
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          <isin value="US11102AAG67"/>
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        <balance>91000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89147.73000000</valUSD>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ION PLAT FIN US/SA 9% 08/01/29</name>
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        <curCd>USD</curCd>
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        <name>DISH DBS CORP 5.75% 12/01/28</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US25470XBF15"/>
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        <curCd>USD</curCd>
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        <name>LABL INC 8.25% 11/01/29</name>
        <lei>N/A</lei>
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          <isin value="US50168QAD79"/>
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        <name>CCO HLDGS LLC/CA 4.5% 05/01/32</name>
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        <valUSD>457213.00000000</valUSD>
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        <name>FRONTIER FLORID 6.86% 02/01/28</name>
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        <name>COHERENT CORP 5% 12/15/29</name>
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          <isin value="US902104AC24"/>
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        <name>VIRGIN MEDIA SEC 5.5% 05/15/29</name>
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        <name>FIBERCOP SPA 7.721% 06/04/38</name>
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        <name>VIAVI SOLUTIONS 3.75% 10/01/29</name>
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        <name>UNITI GRP/UNITI HL 6% 01/15/30</name>
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      <invstOrSec>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>GETTY IMAGES INC 14% 03/01/28</name>
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          <isin value="US374276AP80"/>
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      <invstOrSec>
        <name>LABL INC 8.625% 10/01/31</name>
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          <isin value="US50168QAF28"/>
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          <isin value="US25470DCC11"/>
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        <valUSD>152634.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
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      <invstOrSec>
        <name>GEN DIGITAL INC 6.25% 04/01/33</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
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        <cusip>668771AM0</cusip>
        <identifiers>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171001.98000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>DISH DBS CORP 7.375% 07/01/28</name>
        <lei>N/A</lei>
        <title>DISH DBS CORP REGD 7.37500000</title>
        <cusip>25470XBB0</cusip>
        <identifiers>
          <isin value="US25470XBB01"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173053.12000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>AMS-OSRAM AG 12.25% 03/30/29</name>
        <lei>5299001JPPT2QFTV5D76</lei>
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        <cusip>03217CAB2</cusip>
        <identifiers>
          <isin value="US03217CAB28"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>133446.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>BELL CANADA V/R 09/15/55</name>
        <lei>5493000G3EFX9S7TDE29</lei>
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        <identifiers>
          <isin value="US0778FPAP47"/>
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        <balance>170000.00000000</balance>
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        <valUSD>176242.91000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CCO HLDGS LLC/C 4.25% 02/01/31</name>
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        <curCd>USD</curCd>
        <valUSD>485670.85000000</valUSD>
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        <name>ION PLAT FIN US/SA 5% 05/01/28</name>
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        <name>CSC HOLDINGS LLC 4.5% 11/15/31</name>
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        <name>ARCHES BUYER IN 4.25% 06/01/28</name>
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        <name>BRITISH TELECOMMU V/R 11/23/81</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ZEGONA FINANCE 8.625% 07/15/29</name>
        <lei>N/A</lei>
        <title>ZEGONA FINANCE PLC REGD 144A P/P 8.62500000</title>
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          <isin value="US98927UAA51"/>
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      <invstOrSec>
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        <invCountry>LU</invCountry>
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        <invCountry>CA</invCountry>
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        <name>WARNERMEDIA HO 4.054% 03/15/29</name>
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        <name>TELUS CORP V/R 06/09/56</name>
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        <name>CCO HLDGS LLC/C 4.75% 02/01/32</name>
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        <name>VIASAT INC 6.5% 07/15/28</name>
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        <cusip>92552VAN0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CABLE ONE INC 4% 11/15/30</name>
        <lei>549300648QS85T0XSH18</lei>
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          <isin value="US12685JAC99"/>
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        <name>ALTICE FRANCE SA 6.5% 04/15/32</name>
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      <invstOrSec>
        <name>FAIR ISAAC CORP 6% 05/15/33</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
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        <name>FRONTIER COMMUNICA 6% 01/15/30</name>
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        <name>NCR VOYIX CORP 5.125% 04/15/29</name>
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        <name>SIRIUS XM RADIO  5.5% 07/01/29</name>
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        <lei>8M3THTGWLTYZVE6BBY25</lei>
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        <balance>260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>230321.56000000</valUSD>
        <pctVal>0.444619738419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MCAFEE CORP 7.375% 02/15/30</name>
        <lei>2549009UKR8UEZYVCR93</lei>
        <title>MCAFEE CORP REGD 144A P/P 7.37500000</title>
        <cusip>579063AB4</cusip>
        <identifiers>
          <isin value="US579063AB46"/>
        </identifiers>
        <balance>353000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281301.87000000</valUSD>
        <pctVal>0.543033678030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
          <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="ISO country code not reported for forwards, swaps or supranationals." noteItem="C.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-03-02</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>
  <documents>XXXX</documents>
</edgarSubmission>
