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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>F1OF2ZSX47CR0BCWA982</lei>
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      <invstOrSec>
        <name>SUNOCO LP 7.25% 05/01/32</name>
        <lei>54930001NJU8E40NQ561</lei>
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      <invstOrSec>
        <name>BRINK'S CO/THE 4.625% 10/15/27</name>
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        <cusip>109696AA2</cusip>
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      <invstOrSec>
        <name>JANE STREET GRP 6.75% 05/01/33</name>
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      <invstOrSec>
        <name>FORVIA SE 8% 06/15/30</name>
        <lei>969500F0VMZLK2IULV85</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENERSYS 4.375% 12/15/27</name>
        <lei>7ZS3DE5PN30BYUJFWP05</lei>
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        <cusip>29275YAC6</cusip>
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          <isin value="US29275YAC66"/>
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        <balance>140000.00000000</balance>
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        <valUSD>139092.56000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HOLOGIC INC 3.25% 02/15/29</name>
        <lei>549300DYP6F5ZJL0LB74</lei>
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        <cusip>436440AP6</cusip>
        <identifiers>
          <isin value="US436440AP62"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>423693.93000000</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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        <name>NORTHRIVER MIDS 6.75% 07/15/32</name>
        <lei>549300SOLNLY3BL6GF18</lei>
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        <cusip>66679NAB6</cusip>
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          <isin value="US66679NAB64"/>
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        <balance>291500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>296785.19000000</valUSD>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BATH &amp; BODY WOR 5.25% 02/01/28</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
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        <cusip>501797AN4</cusip>
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        <name>BALL CORP 3.125% 09/15/31</name>
        <lei>0BGI85ALH27ZJP15DY16</lei>
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        <cusip>058498AX4</cusip>
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          <isin value="US058498AX40"/>
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      <invstOrSec>
        <name>JEFFERIES FIN LLC  5% 08/15/28</name>
        <lei>N/A</lei>
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        <cusip>47232MAF9</cusip>
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          <isin value="US47232MAF95"/>
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        <name>MILLICOM INTL C 6.25% 03/25/29</name>
        <lei>549300CTHC1CP86P2G96</lei>
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        <cusip>600814AQ0</cusip>
        <identifiers>
          <isin value="US600814AQ03"/>
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        <invCountry>LU</invCountry>

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        <name>RB GLOBAL HOLDI 6.75% 03/15/28</name>
        <lei>N/A</lei>
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        <cusip>76774LAB3</cusip>
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        <name>UNITED RENTALS 3.875% 02/15/31</name>
        <lei>N/A</lei>
        <title>UNITED RENTALS NORTH AM REGD 3.87500000</title>
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        <name>MOLINA HEALTHCAR 6.5% 02/15/31</name>
        <lei>549300NQQCEQ46YHZ591</lei>
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      <invstOrSec>
        <name>EDGEWELL PERSO 4.125% 04/01/29</name>
        <lei>549300CY8QZDL4Z3RU59</lei>
        <title>EDGEWELL PERSONAL CARE REGD 144A P/P 4.12500000</title>
        <cusip>28035QAB8</cusip>
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          <isin value="US28035QAB86"/>
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        <balance>251000.00000000</balance>
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        <valUSD>240868.44000000</valUSD>
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      <invstOrSec>
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        <name>USA COM PART/U 7.125% 03/15/29</name>
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      <invstOrSec>
        <name>OCEANEERING INTL I 6% 02/01/28</name>
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          <isin value="US675232AB89"/>
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        <name>AMERICAN NATIONAL V/R 12/01/55</name>
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          <isin value="US025676AR82"/>
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      <invstOrSec>
        <name>ENTEGRIS INC 4.375% 04/15/28</name>
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          <isin value="US29362UAC80"/>
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        <curCd>USD</curCd>
        <valUSD>192732.83000000</valUSD>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SEALED AIR/SEAL 7.25% 02/15/31</name>
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        <cusip>812127AB4</cusip>
        <identifiers>
          <isin value="US812127AB45"/>
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        <curCd>USD</curCd>
        <valUSD>213717.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DREAM FINDERS H 8.25% 08/15/28</name>
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          <isin value="US26154DAA81"/>
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        <balance>138000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142388.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>VMED O2 UK FINA 6.75% 01/15/33</name>
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          <isin value="US92858RAE09"/>
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        <valUSD>380799.94000000</valUSD>
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        <invCountry>GB</invCountry>
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        <name>TOPBUILD CORP 4.125% 02/15/32</name>
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          <isin value="US89055FAC77"/>
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        <valUSD>223605.13000000</valUSD>
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          <isin value="US69318FAM05"/>
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        <name>ASHTON WOODS U 4.625% 04/01/30</name>
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        <name>SENSATA TECHNOL 3.75% 02/15/31</name>
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        <name>SALLY HOLDINGS/ 6.75% 03/01/32</name>
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          <isin value="US79546VAQ95"/>
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      <invstOrSec>
        <name>JAGUAR LAND ROVE 5.5% 07/15/29</name>
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          <isin value="US47010BAM63"/>
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        <valUSD>225682.85000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>YUM  BRANDS IN 4.625% 01/31/32</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM  BRANDS INC REGD 4.62500000</title>
        <cusip>988498AP6</cusip>
        <identifiers>
          <isin value="US988498AP63"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>464732.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SERVICE CORP I 4.625% 12/15/27</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>SERVICE CORP INTL REGD 4.62500000</title>
        <cusip>817565CD4</cusip>
        <identifiers>
          <isin value="US817565CD49"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>255524.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HILTON GRAND V 6.625% 01/15/32</name>
        <lei>N/A</lei>
        <title>HILTON GRAND VAC LLC/INC REGD 144A P/P 6.62500000</title>
        <cusip>43283QAC4</cusip>
        <identifiers>
          <isin value="US43283QAC42"/>
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        <balance>420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>429620.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>BRANDYWINE OPE 6.125% 01/15/31</name>
        <lei>N/A</lei>
        <title>BRANDYWINE OPER PARTNERS REGD 6.12500000</title>
        <cusip>105340AT0</cusip>
        <identifiers>
          <isin value="US105340AT03"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130916.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <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>
          <annualizedRt>6.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WARNERMEDIA HO 4.279% 03/15/32</name>
        <lei>N/A</lei>
        <title>WARNERMEDIA HOLDINGS INC REGD SER * 4.27900000</title>
        <cusip>55903VBQ5</cusip>
        <identifiers>
          <isin value="US55903VBQ59"/>
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        <balance>1305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1150031.25000000</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>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.27900000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HESS MIDSTREAM O 6.5% 06/01/29</name>
        <lei>N/A</lei>
        <title>HESS MIDSTREAM OPERATION REGD 144A P/P 6.50000000</title>
        <cusip>428102AG2</cusip>
        <identifiers>
          <isin value="US428102AG28"/>
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        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284781.48000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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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>ALBERTSONS COS/ 6.25% 03/15/33</name>
        <lei>N/A</lei>
        <title>ALBERTSONS COS/SAFEWAY REGD 144A P/P 6.25000000</title>
        <cusip>01309QAB4</cusip>
        <identifiers>
          <isin value="US01309QAB41"/>
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        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>286083.39000000</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>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SEALED AIR/SEA 6.125% 02/01/28</name>
        <lei>N/A</lei>
        <title>SEALED AIR/SEALED AIR US REGD 144A P/P 6.12500000</title>
        <cusip>812127AA6</cusip>
        <identifiers>
          <isin value="US812127AA61"/>
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        <balance>355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>360497.53000000</valUSD>
        <pctVal>0.088554055908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>US FOODS INC 4.75% 02/15/29</name>
        <lei>N/A</lei>
        <title>US FOODS INC REGD 144A P/P 4.75000000</title>
        <cusip>90290MAD3</cusip>
        <identifiers>
          <isin value="US90290MAD39"/>
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        <balance>442000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>441675.44000000</valUSD>
        <pctVal>0.108494922578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TWILIO INC 3.625% 03/15/29</name>
        <lei>5493004W8TRGD63APX93</lei>
        <title>TWILIO INC REGD 3.62500000</title>
        <cusip>90138FAC6</cusip>
        <identifiers>
          <isin value="US90138FAC68"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>234782.22000000</valUSD>
        <pctVal>0.057672844072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLEAN HARBORS  6.375% 02/01/31</name>
        <lei>5493000SJVZVZJKHJF48</lei>
        <title>CLEAN HARBORS INC REGD 144A P/P 6.37500000</title>
        <cusip>184496AQ0</cusip>
        <identifiers>
          <isin value="US184496AQ03"/>
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        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245910.48000000</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>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>YUM  BRANDS INC 4.75% 01/15/30</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM  BRANDS INC REGD 144A P/P 4.75000000</title>
        <cusip>988498AL5</cusip>
        <identifiers>
          <isin value="US988498AL59"/>
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        <balance>396000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>395279.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>GLOBAL ATLANTIC F V/R 03/01/56</name>
        <lei>N/A</lei>
        <title>GLOBAL ATLANTIC FIN CO REGD V/R 144A P/P 7.25000000</title>
        <cusip>37959GAH0</cusip>
        <identifiers>
          <isin value="US37959GAH02"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>282384.20000000</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>2056-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRESTIGE BRANDS 3.75% 04/01/31</name>
        <lei>N/A</lei>
        <title>PRESTIGE BRANDS INC REGD 144A P/P 3.75000000</title>
        <cusip>74112BAM7</cusip>
        <identifiers>
          <isin value="US74112BAM72"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>271313.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLEVELAND-CLIF 7.375% 05/01/33</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS INC REGD 144A P/P 7.37500000</title>
        <cusip>185899AR2</cusip>
        <identifiers>
          <isin value="US185899AR28"/>
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        <balance>430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>448984.93000000</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>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PG&amp;E CORP 5% 07/01/28</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG&amp;E CORP REGD 5.00000000</title>
        <cusip>69331CAH1</cusip>
        <identifiers>
          <isin value="US69331CAH16"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>489190.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>IRON MOUNTAIN  5.625% 07/15/32</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REGD 144A P/P 5.62500000</title>
        <cusip>46284VAL5</cusip>
        <identifiers>
          <isin value="US46284VAL53"/>
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        <balance>265000.00000000</balance>
        <units>PA</units>
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        <valUSD>261860.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MILLROSE PROPE 6.375% 08/01/30</name>
        <lei>N/A</lei>
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        <cusip>601137AA0</cusip>
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          <isin value="US601137AA09"/>
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        <curCd>USD</curCd>
        <valUSD>628139.48000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>RHP HOTEL PPTY/ 4.75% 10/15/27</name>
        <lei>N/A</lei>
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        <cusip>749571AF2</cusip>
        <identifiers>
          <isin value="US749571AF20"/>
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        <curCd>USD</curCd>
        <valUSD>319996.90000000</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>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>AES CORP/THE V/R 01/15/55</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES CORP/THE REGD V/R 7.60000000</title>
        <cusip>00130HCK9</cusip>
        <identifiers>
          <isin value="US00130HCK95"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>492063.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>EUSHI FINANCE INC V/R 12/15/54</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US29882DAB91"/>
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        <balance>234000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>246262.07000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>UWM HOLDINGS L 6.625% 02/01/30</name>
        <lei>N/A</lei>
        <title>UWM HOLDINGS LLC REGD 144A P/P 6.62500000</title>
        <cusip>903522AA8</cusip>
        <identifiers>
          <isin value="US903522AA85"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>393618.81000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KINETIK HOLDIN 5.875% 06/15/30</name>
        <lei>N/A</lei>
        <title>KINETIK HOLDINGS LP REGD 144A P/P 5.87500000</title>
        <cusip>49461MAA8</cusip>
        <identifiers>
          <isin value="US49461MAA80"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>480964.58000000</valUSD>
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        <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>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CQP HOLDCO LP/BI 7.5% 12/15/33</name>
        <lei>N/A</lei>
        <title>CQP HOLDCO LP/BIP-V CHIN REGD P/P 7.50000000</title>
        <cusip>12657NAB6</cusip>
        <identifiers>
          <isin value="US12657NAB64"/>
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        <balance>235000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>253206.16000000</valUSD>
        <pctVal>0.062198574422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KB HOME 4.8% 11/15/29</name>
        <lei>549300LGUCWQURMWLG09</lei>
        <title>KB HOME REGD 4.80000000</title>
        <cusip>48666KAY5</cusip>
        <identifiers>
          <isin value="US48666KAY55"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154448.60000000</valUSD>
        <pctVal>0.037939372176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YUM  BRANDS INC 5.35% 11/01/43</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM  BRANDS INC REGD 5.35000000</title>
        <cusip>988498AK7</cusip>
        <identifiers>
          <isin value="US988498AK76"/>
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        <balance>140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136412.58000000</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>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>VIKING OCEAN C 5.625% 02/15/29</name>
        <lei>N/A</lei>
        <title>VIKING OCEAN CRUISES SHI REGD 144A P/P 5.62500000</title>
        <cusip>92682RAA0</cusip>
        <identifiers>
          <isin value="US92682RAA05"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155080.14000000</valUSD>
        <pctVal>0.038094506189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CAESARS ENTERTAI 6.5% 02/15/32</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>CAESARS ENTERTAIN INC REGD 144A P/P 6.50000000</title>
        <cusip>12769GAC4</cusip>
        <identifiers>
          <isin value="US12769GAC42"/>
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        <balance>730000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>746800.95000000</valUSD>
        <pctVal>0.183447173906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>PENNYMAC FIN S 7.125% 11/15/30</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PENNYMAC FIN SVCS INC REGD 144A P/P 7.12500000</title>
        <cusip>70932MAE7</cusip>
        <identifiers>
          <isin value="US70932MAE75"/>
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        <balance>305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>315082.08000000</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>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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      <invstOrSec>
        <name>TALEN ENERGY S 8.625% 06/01/30</name>
        <lei>N/A</lei>
        <title>TALEN ENERGY SUPPLY LLC REGD 144A P/P 8.62500000</title>
        <cusip>87422VAK4</cusip>
        <identifiers>
          <isin value="US87422VAK44"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>612236.40000000</valUSD>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
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      <invstOrSec>
        <name>ALBERTSONS COS/S 3.5% 03/15/29</name>
        <lei>N/A</lei>
        <title>ALBERTSONS COS/SAFEWAY REGD 144A P/P 3.50000000</title>
        <cusip>013092AG6</cusip>
        <identifiers>
          <isin value="US013092AG61"/>
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        <balance>665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>638642.13000000</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>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>MEDLINE BORROW 3.875% 04/01/29</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDLINE BORROWER LP REGD 144A P/P 3.87500000</title>
        <cusip>62482BAA0</cusip>
        <identifiers>
          <isin value="US62482BAA08"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1957010.52000000</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>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>UNITED RENTALS 6.125% 03/15/34</name>
        <lei>N/A</lei>
        <title>UNITED RENTALS NORTH AM REGD 144A P/P 6.12500000</title>
        <cusip>911365BR4</cusip>
        <identifiers>
          <isin value="US911365BR47"/>
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        <balance>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>504542.80000000</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>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SENSATA TECHNOLOGI 4% 04/15/29</name>
        <lei>N/A</lei>
        <title>SENSATA TECHNOLOGIES BV REGD 144A P/P 4.00000000</title>
        <cusip>81725WAK9</cusip>
        <identifiers>
          <isin value="US81725WAK99"/>
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        <balance>300000.00000000</balance>
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        <name>GFL ENVIRONMEN 4.375% 08/15/29</name>
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        <name>WULF COMPUTE LL 7.75% 10/15/30</name>
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        <name>MOOG INC 4.25% 12/15/27</name>
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        <name>NORDSTROM INC 4% 03/15/27</name>
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        <name>ENERFLEX INC 6.875% 01/15/31</name>
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      <invstOrSec>
        <name>LITHIA MOTORS IN 5.5% 10/01/30</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
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        <cusip>536797AJ2</cusip>
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        <name>NISSAN MOTOR CO 4.81% 09/17/30</name>
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        <name>VENTURE GLOBAL  6.25% 01/15/30</name>
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        <name>BELRON UK FINAN 5.75% 10/15/29</name>
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        <name>ENERGY TRANSFER L V/R 05/15/54</name>
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        <name>CNX RESOURCES C 7.25% 03/01/32</name>
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        <name>VOC ESCROW LTD 5% 02/15/28</name>
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        <name>SNAP INC 6.875% 03/01/33</name>
        <lei>549300JNC0L6VP8A2Q35</lei>
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        <cusip>83304AAL0</cusip>
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        <name>DISCOVERY COMM 4.125% 05/15/29</name>
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        <name>LITHIA MOTORS  4.375% 01/15/31</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>LITHIA MOTORS INC REGD 144A P/P 4.37500000</title>
        <cusip>536797AF0</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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          <maturityDt>2031-01-15</maturityDt>
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        <name>AVIENT CORP 7.125% 08/01/30</name>
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        <name>ARBOR REALTY SR  8.5% 12/15/28</name>
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        <name>SIX FLAGS ENT/ 6.625% 05/01/32</name>
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        <name>MIDCAP FINANCI 5.625% 01/15/30</name>
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        <name>ENTEGRIS INC 5.95% 06/15/30</name>
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        <name>METHANEX CORP 5.125% 10/15/27</name>
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        <name>ROGERS COMMUNICAT V/R 04/15/55</name>
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        <name>SEALED AIR CORP 5% 04/15/29</name>
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        <name>MOLINA HEALTHC 3.875% 05/15/32</name>
        <lei>549300NQQCEQ46YHZ591</lei>
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        <name>LIFE TIME INC 6% 11/15/31</name>
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          <isin value="US53190FAE51"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>LITHIA MOTORS  4.625% 12/15/27</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
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        <cusip>536797AE3</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MGM RESORTS INTL 5.5% 04/15/27</name>
        <lei>54930066VBP7DZEGGJ87</lei>
        <title>MGM RESORTS INTL REGD 5.50000000</title>
        <cusip>552953CF6</cusip>
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          <isin value="US552953CF65"/>
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        <curCd>USD</curCd>
        <valUSD>337289.06000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED RENTALS 3.875% 11/15/27</name>
        <lei>N/A</lei>
        <title>UNITED RENTALS NORTH AM REGD 3.87500000</title>
        <cusip>911365BM5</cusip>
        <identifiers>
          <isin value="US911365BM59"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GO DADDY OPCO/FI 3.5% 03/01/29</name>
        <lei>N/A</lei>
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          <isin value="US38016LAC90"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SMYRNA READY M 8.875% 11/15/31</name>
        <lei>549300S7RFWHQFOIOY93</lei>
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        <cusip>83283WAE3</cusip>
        <identifiers>
          <isin value="US83283WAE30"/>
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        <curCd>USD</curCd>
        <valUSD>554676.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NISSAN MOTOR AC 2.75% 03/09/28</name>
        <lei>N/A</lei>
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        <cusip>654740BT5</cusip>
        <identifiers>
          <isin value="US654740BT54"/>
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        <curCd>USD</curCd>
        <valUSD>243229.15000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-09</maturityDt>
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      <invstOrSec>
        <name>SBA COMMUNICAT 3.125% 02/01/29</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
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        <cusip>78410GAG9</cusip>
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          <isin value="US78410GAG91"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>716746.31000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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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>
        <identifiers>
          <isin value="US55903VBW28"/>
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        <balance>2005000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1413525.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NOVELIS CORP 4.75% 01/30/30</name>
        <lei>N/A</lei>
        <title>NOVELIS CORP REGD 144A P/P 4.75000000</title>
        <cusip>670001AE6</cusip>
        <identifiers>
          <isin value="US670001AE60"/>
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        <balance>765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>741897.08000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>HILTON DOMESTI 6.125% 04/01/32</name>
        <lei>N/A</lei>
        <title>HILTON DOMESTIC OPERATIN REGD 144A P/P 6.12500000</title>
        <cusip>432833AQ4</cusip>
        <identifiers>
          <isin value="US432833AQ40"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217552.02000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US FOODS INC 4.625% 06/01/30</name>
        <lei>N/A</lei>
        <title>US FOODS INC REGD 144A P/P 4.62500000</title>
        <cusip>90290MAE1</cusip>
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          <isin value="US90290MAE12"/>
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        <balance>231000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>227740.50000000</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>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>CARNIVAL CORP 5.125% 05/01/29</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CARNIVAL CORP REGD 144A P/P 5.12500000</title>
        <cusip>143658CB6</cusip>
        <identifiers>
          <isin value="US143658CB65"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>627558.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <name>ALGONQUIN PWR &amp; U V/R 01/18/82</name>
        <lei>549300K5VIUTJXQL7X75</lei>
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        <cusip>015857AH8</cusip>
        <identifiers>
          <isin value="US015857AH86"/>
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        <valUSD>347679.99000000</valUSD>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ACADEMY LTD 6% 11/15/27</name>
        <lei>N/A</lei>
        <title>ACADEMY LTD REGD 144A P/P 6.00000000</title>
        <cusip>00401YAA8</cusip>
        <identifiers>
          <isin value="US00401YAA82"/>
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        <valUSD>190850.65000000</valUSD>
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      <invstOrSec>
        <name>WALKER &amp; DUNLO 6.625% 04/01/33</name>
        <lei>N/A</lei>
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        <cusip>93148PAA0</cusip>
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          <isin value="US93148PAA03"/>
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        <balance>190000.00000000</balance>
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        <valUSD>194875.97000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRINK'S CO/THE 6.75% 06/15/32</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINK'S CO/THE REGD 144A P/P 6.75000000</title>
        <cusip>109696AD6</cusip>
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          <isin value="US109696AD60"/>
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        <balance>185000.00000000</balance>
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        <valUSD>192739.29000000</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>ARCHROCK PARTNE 6.25% 04/01/28</name>
        <lei>N/A</lei>
        <title>ARCHROCK PARTNERS LP/FIN REGD 144A P/P 6.25000000</title>
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        <identifiers>
          <isin value="US03959KAC45"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>366110.70000000</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>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
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        <name>UNITED WHOLESAL 5.75% 06/15/27</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>DIRECTV FIN LL 5.875% 08/15/27</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MATCH GROUP HL 5.625% 02/15/29</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>ROCKET COS INC 6.5% 08/01/29</name>
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          <isin value="US77311WAC55"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NAVIENT CORP 5.5% 03/15/29</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP REGD 5.50000000</title>
        <cusip>63938CAM0</cusip>
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          <isin value="US63938CAM01"/>
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        <balance>380000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PBF HOLDING CO LLC 6% 02/15/28</name>
        <lei>N/A</lei>
        <title>PBF HOLDING CO LLC REGD SER WI 6.00000000</title>
        <cusip>69318FAJ7</cusip>
        <identifiers>
          <isin value="US69318FAJ75"/>
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        <balance>405000.00000000</balance>
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        <valUSD>404718.28000000</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>IRON MOUNTAIN IN 4.5% 02/15/31</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REGD 144A P/P 4.50000000</title>
        <cusip>46284VAN1</cusip>
        <identifiers>
          <isin value="US46284VAN10"/>
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        <balance>535000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>511616.59000000</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>2031-02-15</maturityDt>
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      <invstOrSec>
        <name>KORN/FERRY INT 4.625% 12/15/27</name>
        <lei>549300FOD20OM0GT5G40</lei>
        <title>KORN/FERRY INTERNATIONAL REGD 144A P/P 4.62500000</title>
        <cusip>50067PAA7</cusip>
        <identifiers>
          <isin value="US50067PAA75"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>189551.73000000</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>NISSAN MOTOR C 4.345% 09/17/27</name>
        <lei>353800DRBDH1LUTNAY26</lei>
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        <cusip>654744AC5</cusip>
        <identifiers>
          <isin value="US654744AC50"/>
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        <balance>1230000.00000000</balance>
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        <valUSD>1217713.43000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VALARIS LTD 8.375% 04/30/30</name>
        <lei>N/A</lei>
        <title>VALARIS LTD REGD 144A P/P 8.37500000</title>
        <cusip>91889FAC5</cusip>
        <identifiers>
          <isin value="US91889FAC59"/>
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        <balance>535000.00000000</balance>
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        <valUSD>559331.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRINK'S CO/THE 6.5% 06/15/29</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINK'S CO/THE REGD 144A P/P 6.50000000</title>
        <cusip>109696AC8</cusip>
        <identifiers>
          <isin value="US109696AC87"/>
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        <balance>207000.00000000</balance>
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        <valUSD>213953.13000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>PERRIGO FINANC 6.125% 09/30/32</name>
        <lei>N/A</lei>
        <title>PERRIGO FINANCE UNLIMITE REGD SER USD 6.12500000</title>
        <cusip>71429MAD7</cusip>
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          <isin value="US71429MAD74"/>
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        <balance>335000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>HOWARD HUGHES  4.125% 02/01/29</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>HOWARD HUGHES CORP REGD 144A P/P 4.12500000</title>
        <cusip>44267DAE7</cusip>
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          <isin value="US44267DAE76"/>
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        <balance>345000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GFL ENVIRONMENT 6.75% 01/15/31</name>
        <lei>894500E7NLBY9VZRT696</lei>
        <title>GFL ENVIRONMENTAL INC REGD 144A P/P 6.75000000</title>
        <cusip>36168QAQ7</cusip>
        <identifiers>
          <isin value="US36168QAQ73"/>
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        <valUSD>487032.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RESIDEO FUNDING  6.5% 07/15/32</name>
        <lei>N/A</lei>
        <title>RESIDEO FUNDING INC REGD 144A P/P 6.50000000</title>
        <cusip>76119LAD3</cusip>
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          <isin value="US76119LAD38"/>
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        <curCd>USD</curCd>
        <valUSD>294933.19000000</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>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STONEX GROUP I 7.875% 03/01/31</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ATI INC 4.875% 10/01/29</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
        <title>ATI INC REGD 4.87500000</title>
        <cusip>01741RAL6</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TELECOM ITALIA 6.375% 11/15/33</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>CINEMARK USA IN 5.25% 07/15/28</name>
        <lei>N/A</lei>
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        <cusip>172441BF3</cusip>
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          <isin value="US172441BF30"/>
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        <fairValLevel>2</fairValLevel>
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        <name>LADDER CAP FIN L 5.5% 08/01/30</name>
        <lei>N/A</lei>
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        <cusip>505742AS5</cusip>
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        <name>SHIFT4 PAYMENTS 6.75% 08/15/32</name>
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        <cusip>82453AAB3</cusip>
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          <isin value="US82453AAB35"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NISSAN MOTOR A 5.625% 09/29/28</name>
        <lei>N/A</lei>
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        <cusip>65480CAK1</cusip>
        <identifiers>
          <isin value="US65480CAK18"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TENET HEALTHCA 4.375% 01/15/30</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP REGD 4.37500000</title>
        <cusip>88033GDR8</cusip>
        <identifiers>
          <isin value="US88033GDR83"/>
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        <balance>705000.00000000</balance>
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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>TEREX CORP 6.25% 10/15/32</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>TEREX CORP REGD 144A P/P 6.25000000</title>
        <cusip>880779BB8</cusip>
        <identifiers>
          <isin value="US880779BB83"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373962.29000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PARAMOUNT GLOBAL V/R 02/28/57</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>PARAMOUNT GLOBAL REGD V/R 6.25000000</title>
        <cusip>92553PBC5</cusip>
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          <isin value="US92553PBC59"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEWMARK GROUP IN 7.5% 01/12/29</name>
        <lei>N/A</lei>
        <title>NEWMARK GROUP INC REGD SER WI 7.50000000</title>
        <cusip>65158NAD4</cusip>
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          <isin value="US65158NAD49"/>
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        <name>IRON MOUNTAIN  4.875% 09/15/27</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REGD 144A P/P 4.87500000</title>
        <cusip>46284VAC5</cusip>
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        <name>VODAFONE GROUP PL V/R 06/04/81</name>
        <lei>213800TB53ELEUKM7Q61</lei>
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        <cusip>92857WBX7</cusip>
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        <name>TERRAFORM POWER 4.75% 01/15/30</name>
        <lei>N/A</lei>
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        <cusip>88104LAG8</cusip>
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        <name>GLOBAL INFRAST 5.625% 06/01/29</name>
        <lei>2549003BGLQITAJ6ZT28</lei>
        <title>GLOBAL INFRASTRUCTURE SO REGD 144A P/P 5.62500000</title>
        <cusip>37960XAA5</cusip>
        <identifiers>
          <isin value="US37960XAA54"/>
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        <valUSD>200586.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NORDSTROM INC 6.95% 03/15/28</name>
        <lei>549300S3IZB5P35KNV16</lei>
        <title>NORDSTROM INC REGD 6.95000000</title>
        <cusip>655664AH3</cusip>
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          <isin value="US655664AH33"/>
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        <balance>135000.00000000</balance>
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        <valUSD>139826.79000000</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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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>AMN HEALTHCARE INC 4% 04/15/29</name>
        <lei>N/A</lei>
        <title>AMN HEALTHCARE INC REGD 144A P/P 4.00000000</title>
        <cusip>00175PAC7</cusip>
        <identifiers>
          <isin value="US00175PAC77"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167483.61000000</valUSD>
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        <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>CLEVELAND-CLIF 4.875% 03/01/31</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS INC REGD 144A P/P 4.87500000</title>
        <cusip>185899AL5</cusip>
        <identifiers>
          <isin value="US185899AL57"/>
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        <balance>157000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150676.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>HTA GROUP LTD 7.5% 06/04/29</name>
        <lei>N/A</lei>
        <title>HTA GROUP LTD REGD 144A P/P 7.50000000</title>
        <cusip>40435WAC4</cusip>
        <identifiers>
          <isin value="US40435WAC47"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>429253.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-04</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>VODAFONE GROUP PL V/R 04/04/79</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>VODAFONE GROUP PLC REGD V/R 7.00000000</title>
        <cusip>92857WBQ2</cusip>
        <identifiers>
          <isin value="US92857WBQ24"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>975917.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2079-04-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>ALLEGIANT TRAVE 7.25% 08/15/27</name>
        <lei>549300JM9OZXOHWL2K18</lei>
        <title>ALLEGIANT TRAVEL CO REGD 144A P/P 7.25000000</title>
        <cusip>01748XAD4</cusip>
        <identifiers>
          <isin value="US01748XAD49"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>187224.07000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>WHIRLPOOL CORP 4.7% 05/14/32</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>WHIRLPOOL CORP REGD 4.70000000</title>
        <cusip>963320AZ9</cusip>
        <identifiers>
          <isin value="US963320AZ92"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95673.22000000</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>2032-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEXSTAR MEDIA  5.625% 07/15/27</name>
        <lei>N/A</lei>
        <title>NEXSTAR MEDIA INC REGD 144A P/P 5.62500000</title>
        <cusip>65343HAA9</cusip>
        <identifiers>
          <isin value="US65343HAA95"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>850642.60000000</valUSD>
        <pctVal>0.208955252365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</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>VENTURE GLOBAL 4.125% 08/15/31</name>
        <lei>N/A</lei>
        <title>VENTURE GLOBAL CALCASIEU REGD 144A P/P 4.12500000</title>
        <cusip>92328MAB9</cusip>
        <identifiers>
          <isin value="US92328MAB90"/>
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        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>530891.55000000</valUSD>
        <pctVal>0.130410324863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>
        <name>TRINET GROUP INC 3.5% 03/01/29</name>
        <lei>5299003FJVBETSFKE990</lei>
        <title>TRINET GROUP INC REGD 144A P/P 3.50000000</title>
        <cusip>896288AA5</cusip>
        <identifiers>
          <isin value="US896288AA51"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>237048.18000000</valUSD>
        <pctVal>0.058229463554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>LAMAR MEDIA CO 4.875% 01/15/29</name>
        <lei>N/A</lei>
        <title>LAMAR MEDIA CORP REGD 4.87500000</title>
        <cusip>513075BW0</cusip>
        <identifiers>
          <isin value="US513075BW03"/>
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        <balance>180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>180114.30000000</valUSD>
        <pctVal>0.044243997433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TURNING POINT  7.625% 03/15/32</name>
        <lei>549300IYG00QF0VVP302</lei>
        <title>TURNING POINT BRANDS INC REGD 144A P/P 7.62500000</title>
        <cusip>90041LAG0</cusip>
        <identifiers>
          <isin value="US90041LAG05"/>
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        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145143.23000000</valUSD>
        <pctVal>0.035653563851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NRG ENERGY INC 6.25% 11/01/34</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC REGD 144A P/P 6.25000000</title>
        <cusip>629377CX8</cusip>
        <identifiers>
          <isin value="US629377CX83"/>
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        <balance>420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>431383.26000000</valUSD>
        <pctVal>0.105966710296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>COMMERCIAL MET 4.375% 03/15/32</name>
        <lei>549300OQS2LO07ZJ7N73</lei>
        <title>COMMERCIAL METALS CO REGD 4.37500000</title>
        <cusip>201723AR4</cusip>
        <identifiers>
          <isin value="US201723AR41"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134232.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>STANDARD BUILDI 6.25% 08/01/33</name>
        <lei>N/A</lei>
        <title>STANDARD BUILDING SOLUTI REGD 144A P/P 6.25000000</title>
        <cusip>853191AC8</cusip>
        <identifiers>
          <isin value="US853191AC80"/>
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        <balance>565000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>577801.21000000</valUSD>
        <pctVal>0.141933401469</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CLEARWAY ENERGY 4.75% 03/15/28</name>
        <lei>N/A</lei>
        <title>CLEARWAY ENERGY OP LLC REGD 144A P/P 4.75000000</title>
        <cusip>18539UAC9</cusip>
        <identifiers>
          <isin value="US18539UAC99"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>414902.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>
        <name>BURFORD CAPITAL 6.25% 04/15/28</name>
        <lei>N/A</lei>
        <title>BURFORD CAPITAL GLBL FIN REGD 144A P/P 6.25000000</title>
        <cusip>12116LAA7</cusip>
        <identifiers>
          <isin value="US12116LAA70"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>184809.78000000</valUSD>
        <pctVal>0.045397413931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</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>MURPHY OIL COR 5.875% 12/01/42</name>
        <lei>QBKYQD0ODE7DC7PDIN91</lei>
        <title>MURPHY OIL CORP REGD 5.87500000</title>
        <cusip>626717AG7</cusip>
        <identifiers>
          <isin value="US626717AG73"/>
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        <balance>169000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148200.27000000</valUSD>
        <pctVal>0.036404507390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CLARIV SCI HLD 3.875% 07/01/28</name>
        <lei>N/A</lei>
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          <isin value="US18064PAC32"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PARK INTERMED  5.875% 10/01/28</name>
        <lei>N/A</lei>
        <title>PARK INTERMED HOLDINGS REGD 144A P/P 5.87500000</title>
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          <isin value="US70052LAB99"/>
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        <curCd>USD</curCd>
        <valUSD>351222.89000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CIPHER COMPUTE 7.125% 11/15/30</name>
        <lei>N/A</lei>
        <title>CIPHER COMPUTE LLC REGD 144A P/P 7.12500000</title>
        <cusip>17253NAA5</cusip>
        <identifiers>
          <isin value="US17253NAA54"/>
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        <balance>835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>861436.94000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>ARCHROCK PARTN 6.625% 09/01/32</name>
        <lei>N/A</lei>
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        <cusip>03959KAD2</cusip>
        <identifiers>
          <isin value="US03959KAD28"/>
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        <balance>356000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>369242.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>JAGUAR LAND ROVE 4.5% 10/01/27</name>
        <lei>N/A</lei>
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        <cusip>47010BAF1</cusip>
        <identifiers>
          <isin value="US47010BAF13"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218083.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SM ENERGY CO 7% 08/01/32</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <cusip>78454LAY6</cusip>
        <identifiers>
          <isin value="US78454LAY65"/>
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        <balance>380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381205.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>NAVIENT CORP 11.5% 03/15/31</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP REGD 11.50000000</title>
        <cusip>63938CAP3</cusip>
        <identifiers>
          <isin value="US63938CAP32"/>
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        <balance>255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>277587.90000000</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>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.50000000</annualizedRt>
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      <invstOrSec>
        <name>CREDIT ACCEPTAN 9.25% 12/15/28</name>
        <lei>N/A</lei>
        <title>CREDIT ACCEPTANC REGD 144A P/P 9.25000000</title>
        <cusip>225310AQ4</cusip>
        <identifiers>
          <isin value="US225310AQ40"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>304245.09000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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      <invstOrSec>
        <name>CHART INDUSTRIES 7.5% 01/01/30</name>
        <lei>EM7QGKC1GYOF3LSZSL80</lei>
        <title>CHART INDUSTRIES INC REGD 144A P/P 7.50000000</title>
        <cusip>16115QAF7</cusip>
        <identifiers>
          <isin value="US16115QAF72"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>729200.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>PILGRIM'S PRID 6.875% 05/15/34</name>
        <lei>N/A</lei>
        <title>PILGRIM'S PRIDE CORP REGD 6.87500000</title>
        <cusip>72147KAL2</cusip>
        <identifiers>
          <isin value="US72147KAL26"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>287945.32000000</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>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>AMSTED INDUSTR 6.375% 03/15/33</name>
        <lei>N2VLGYMEEBIU3PFSUY86</lei>
        <title>AMSTED INDUSTRIES REGD 144A P/P 6.37500000</title>
        <cusip>032177AK3</cusip>
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          <isin value="US032177AK30"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253703.87000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PHINIA INC 6.75% 04/15/29</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>PHINIA INC REGD 144A P/P 6.75000000</title>
        <cusip>71880KAA9</cusip>
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          <isin value="US71880KAA97"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253569.64000000</valUSD>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CVS HEALTH CORP V/R 12/10/54</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP REGD V/R 6.75000000</title>
        <cusip>126650EG1</cusip>
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          <isin value="US126650EG12"/>
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        <curCd>USD</curCd>
        <valUSD>358821.74000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CARPENTER TECH 5.625% 03/01/34</name>
        <lei>DX6I6ZD3X5WNNCDJKP85</lei>
        <title>CARPENTER TECHNOLOGY REGD 144A P/P 5.62500000</title>
        <cusip>144285AN3</cusip>
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          <isin value="US144285AN39"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>340367.04000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>ROCKETMTGE CO- 3.875% 03/01/31</name>
        <lei>N/A</lei>
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        <cusip>74841CAB7</cusip>
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          <isin value="US74841CAB72"/>
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        <balance>585000.00000000</balance>
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        <valUSD>549539.87000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>WYNDHAM HOTELS 4.375% 08/15/28</name>
        <lei>549300FE3MQ4RVXXC673</lei>
        <title>WYNDHAM HOTELS &amp; RESORTS REGD 144A P/P 4.37500000</title>
        <cusip>98311AAB1</cusip>
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          <isin value="US98311AAB17"/>
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        <balance>231000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>228447.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>JANE STREET GR 7.125% 04/30/31</name>
        <lei>N/A</lei>
        <title>JANE STREET GRP/JSG FIN REGD 144A P/P 7.12500000</title>
        <cusip>47077WAC2</cusip>
        <identifiers>
          <isin value="US47077WAC29"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>715348.44000000</valUSD>
        <pctVal>0.175721053483</pctVal>
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      <invstOrSec>
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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>ZF NA CAPITAL 7.5% 03/24/31</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TRI POINTE HOME 5.25% 06/01/27</name>
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        <name>ALBERTSONS COS/S 5.5% 03/31/31</name>
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        <cusip>01309QAC2</cusip>
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      <invstOrSec>
        <name>ASBURY AUTOMOTI 4.75% 03/01/30</name>
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        <cusip>043436AV6</cusip>
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        <curCd>USD</curCd>
        <valUSD>196998.08000000</valUSD>
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      <invstOrSec>
        <name>ATI INC 7.25% 08/15/30</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
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        <cusip>01741RAN2</cusip>
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        <name>LGI HOMES INC 8.75% 12/15/28</name>
        <lei>549300W02B4WNV8CV109</lei>
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        <cusip>50187TAH9</cusip>
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        <name>CRESCENT ENERGY 9.25% 02/15/28</name>
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        <name>STARWOOD PROPERT 6.5% 10/15/30</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <name>BATH &amp; BODY WO 6.875% 11/01/35</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
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        <name>YUM  BRANDS IN 3.625% 03/15/31</name>
        <lei>549300JE8XHZZ7OHN517</lei>
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        <name>PERFORMANCE FOO 4.25% 08/01/29</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FORTESCUE TREASU 4.5% 09/15/27</name>
        <lei>N/A</lei>
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        <cusip>30251GBA4</cusip>
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        <name>JANE STREET GRP/ 4.5% 11/15/29</name>
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        <lei>N/A</lei>
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        <lei>549300US8QAZJLWYAF63</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>OPEN TEXT CORP 3.875% 02/15/28</name>
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          <isin value="US683715AC05"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FTAI AVIATION IN 5.5% 05/01/28</name>
        <lei>529900E7PUVK6BC8PE80</lei>
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        <cusip>34960PAD3</cusip>
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        <name>CASCADES INC/U 5.375% 01/15/28</name>
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        <name>TAYLOR MORRISON 5.75% 01/15/28</name>
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        <cusip>87724RAB8</cusip>
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          <isin value="US87724RAB87"/>
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        <name>GARRETT MOTION  7.75% 05/31/32</name>
        <lei>N/A</lei>
        <title>GARRETT MOTION HLD/SARL REGD 144A P/P 7.75000000</title>
        <cusip>366504AA6</cusip>
        <identifiers>
          <isin value="US366504AA61"/>
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        <name>TRANSDIGM INC 6.625% 03/01/32</name>
        <lei>N/A</lei>
        <title>TRANSDIGM INC REGD 144A P/P 6.62500000</title>
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        <identifiers>
          <isin value="US893647BV82"/>
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        <name>KBR INC 4.75% 09/30/28</name>
        <lei>254900OFQDXZRKRCV808</lei>
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          <isin value="US48242WAC01"/>
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        <name>GRAPHIC PACKAG 6.375% 07/15/32</name>
        <lei>N/A</lei>
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        <cusip>38869AAE7</cusip>
        <identifiers>
          <isin value="US38869AAE73"/>
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        <lei>N/A</lei>
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        <name>WARNERMEDIA HO 4.279% 03/15/32</name>
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          <isin value="US55903VBC63"/>
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        <name>ALLISON TRANSM 5.875% 06/01/29</name>
        <lei>N/A</lei>
        <title>ALLISON TRANSMISSION INC REGD 144A P/P 5.87500000</title>
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        <name>AXALTA COAT/DUT 4.75% 06/15/27</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>

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      <invstOrSec>
        <name>MURPHY OIL USA  4.75% 09/15/29</name>
        <lei>N/A</lei>
        <title>MURPHY OIL USA INC REGD 4.75000000</title>
        <cusip>626738AE8</cusip>
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      <invstOrSec>
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        <cusip>201723AQ6</cusip>
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          <isin value="US31944TAA88"/>
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        <name>FORTESCUE TREA 5.875% 04/15/30</name>
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        <name>SIRIUS XM RADIO LL 5% 08/01/27</name>
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        <name>WRANGLER HOLDC 6.625% 04/01/32</name>
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        <name>WYNN LAS VEGAS  5.25% 05/15/27</name>
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        <name>GEN DIGITAL INC 6.75% 09/30/27</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
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        <name>ADT SEC CORP 4.125% 08/01/29</name>
        <lei>N/A</lei>
        <title>ADT SEC CORP REGD 144A P/P 4.12500000</title>
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          <isin value="US00109LAA17"/>
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        <name>MOLINA HEALTHC 3.875% 11/15/30</name>
        <lei>549300NQQCEQ46YHZ591</lei>
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          <isin value="US60855RAK68"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CELANESE US HOL 6.85% 11/15/28</name>
        <lei>N/A</lei>
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          <isin value="US15089QAW42"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GENESEE &amp; WYOMI 6.25% 04/15/32</name>
        <lei>G617XSG94Z7G0RMW3L02</lei>
        <title>GENESEE &amp; WYOMING INC REGD 144A P/P 6.25000000</title>
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      <invstOrSec>
        <name>BRANDYWINE OPER 4.55% 10/01/29</name>
        <lei>N/A</lei>
        <title>BRANDYWINE OPER PARTNERS REGD 4.55000000</title>
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      <invstOrSec>
        <name>LIGHTNING POWER 7.25% 08/15/32</name>
        <lei>254900BWCHJ03XRL8K59</lei>
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      <invstOrSec>
        <name>HILTON DOMESTIC 3.75% 05/01/29</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>VF CORP 6.45% 11/01/37</name>
        <lei>CWAJJ9DJ5Z7P057HV541</lei>
        <title>VF CORP REGD 6.45000000</title>
        <cusip>918204AT5</cusip>
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          <isin value="US918204AT53"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126203.14000000</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>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>IRON MOUNTAIN I 5.25% 03/15/28</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REGD 144A P/P 5.25000000</title>
        <cusip>46284VAE1</cusip>
        <identifiers>
          <isin value="US46284VAE11"/>
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        <balance>409000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>409102.21000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BOMBARDIER INC 7.25% 07/01/31</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>BOMBARDIER INC REGD 144A P/P 7.25000000</title>
        <cusip>097751CB5</cusip>
        <identifiers>
          <isin value="US097751CB51"/>
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        <balance>445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>472996.73000000</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>
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      <invstOrSec>
        <name>DBR LAND HOLDIN 6.25% 12/01/30</name>
        <lei>N/A</lei>
        <title>DBR LAND HOLDINGS LLC REGD 144A P/P 6.25000000</title>
        <cusip>24024BAA5</cusip>
        <identifiers>
          <isin value="US24024BAA52"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>256250.00000000</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>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <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>445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>447936.56000000</valUSD>
        <pctVal>0.110032929151</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ASBURY AUTOMOTIVE  5% 02/15/32</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ASBURY AUTOMOTIVE GROUP REGD 144A P/P 5.00000000</title>
        <cusip>043436AX2</cusip>
        <identifiers>
          <isin value="US043436AX21"/>
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        <balance>290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281981.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ONEMAIN FINANC 7.125% 09/15/32</name>
        <lei>N/A</lei>
        <title>ONEMAIN FINANCE CORP REGD 7.12500000</title>
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        <identifiers>
          <isin value="US682691AK62"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>362897.85000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HOWARD HUGHES  5.375% 08/01/28</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>HOWARD HUGHES CORP REGD 144A P/P 5.37500000</title>
        <cusip>44267DAD9</cusip>
        <identifiers>
          <isin value="US44267DAD93"/>
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        <balance>321000.00000000</balance>
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        <valUSD>321106.19000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>WEATHERFORD INT 6.75% 10/15/33</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US947075AW79"/>
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        <balance>575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>595814.43000000</valUSD>
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        <invCountry>BM</invCountry>

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        <name>API GROUP DE I 4.125% 07/15/29</name>
        <lei>N/A</lei>
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        <cusip>001877AA7</cusip>
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          <isin value="US001877AA71"/>
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        <valUSD>148426.45000000</valUSD>
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        <name>SYNAPTICS INC 4% 06/15/29</name>
        <lei>549300AJ3LI4FWNRQX29</lei>
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        <name>GRAPHIC PACKAGIN 3.5% 03/01/29</name>
        <lei>N/A</lei>
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          <isin value="US38869AAC18"/>
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        <valUSD>152760.80000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CLOUD SOFTWARE  8.25% 06/30/32</name>
        <lei>N/A</lei>
        <title>CLOUD SOFTWARE GRP INC REGD 144A P/P 8.25000000</title>
        <cusip>18912UAC6</cusip>
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          <isin value="US18912UAC62"/>
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        <balance>905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>921378.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>PENNYMAC FIN S 6.875% 02/15/33</name>
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        <name>AMERICAN AIRLINE 8.5% 05/15/29</name>
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        <name>NABORS INDUSTR 9.125% 01/31/30</name>
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        <name>HILLENBRAND INC 6.25% 02/15/29</name>
        <lei>U246OE781574J2BUD366</lei>
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        <cusip>431571AF5</cusip>
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        <name>LAMAR MEDIA CORP 4% 02/15/30</name>
        <lei>N/A</lei>
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        <name>AXON ENTERPRIS 6.125% 03/15/30</name>
        <lei>549300QP2IEEGFE16681</lei>
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        <cusip>05464CAC5</cusip>
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        <name>LITHIA MOTORS  3.875% 06/01/29</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
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        <cusip>536797AG8</cusip>
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        <name>H.B. FULLER CO 4% 02/15/27</name>
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        <cusip>359694AB2</cusip>
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        <name>STANDARD INDUS 3.375% 01/15/31</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>DANAOS CORP 8.5% 03/01/28</name>
        <lei>734IM3DNDNT36T7YTD24</lei>
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        <invCountry>MH</invCountry>

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        <name>AECOM 6% 08/01/33</name>
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        <name>CAESARS ENTERTAIN  7% 02/15/30</name>
        <lei>549300FA4CTCW903Y781</lei>
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        <name>TEGNA INC 5% 09/15/29</name>
        <lei>549300YC5EDBGX85AO10</lei>
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        <valUSD>556398.97000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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      <invstOrSec>
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        <name>CLOUD SOFTWARE 6.625% 08/15/33</name>
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        <name>SONIC AUTOMOTI 4.875% 11/15/31</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
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        <name>HILCORP ENERGY  6.25% 04/15/32</name>
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        <lei>M2XHYMU3TZNEZURC6H66</lei>
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        <name>NCR ATLEOS LLC 9.5% 04/01/29</name>
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        <name>TELECOM ITALIA CAP 6% 09/30/34</name>
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        <name>BUILDERS FIRSTSOUR 5% 03/01/30</name>
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        <name>ROCKETMTGE CO-ISSU 4% 10/15/33</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>ANTERO MIDSTREA 5.75% 07/01/34</name>
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      <invstOrSec>
        <name>CLYDESDALE ACQ 6.625% 04/15/29</name>
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          <isin value="US18972EAA38"/>
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      <invstOrSec>
        <name>WBI OPERATING L 6.25% 10/15/30</name>
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        <name>CCO HLDGS LLC/CA 4.5% 08/15/30</name>
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        <name>H.B. FULLER CO 4.25% 10/15/28</name>
        <lei>JSMX3Z5FOYM8V0Q52357</lei>
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        <cusip>40410KAA3</cusip>
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          <isin value="US40410KAA34"/>
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        <name>STONEPEAK NILE  7.25% 03/15/32</name>
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        <name>PERRIGO FINANCE 5.15% 06/15/30</name>
        <lei>N/A</lei>
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        <cusip>71429MAC9</cusip>
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          <isin value="US71429MAC91"/>
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        <invCountry>IE</invCountry>

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        <name>OLIN CORP 5% 02/01/30</name>
        <lei>549300GKK294V7W57P06</lei>
        <title>OLIN CORP REGD 5.00000000</title>
        <cusip>680665AK2</cusip>
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        <name>BOYD GAMING COR 4.75% 06/15/31</name>
        <lei>254900787YGRYS2A1Z35</lei>
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        <cusip>103304BV2</cusip>
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        <name>HESS MIDSTREAM 5.875% 03/01/28</name>
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        <name>QXO BUILDING PR 6.75% 04/30/32</name>
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        <name>ALCOA NEDERLAN 7.125% 03/15/31</name>
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        <name>VIVO ENERGY IN 5.125% 09/24/27</name>
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        <name>BUCKEYE PARTNERS 5.6% 10/15/44</name>
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        <issuerCat>CORP</issuerCat>
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        <name>RESORTS WORLD/ 4.625% 04/16/29</name>
        <lei>N/A</lei>
        <title>RESORTS WORLD/RWLV CAP REGD P/P 4.62500000</title>
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          <isin value="US76120HAA59"/>
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      <invstOrSec>
        <name>PENNYMAC FIN SV 6.75% 02/15/34</name>
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      <invstOrSec>
        <name>FAIR ISAAC CORP 4% 06/15/28</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
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      <invstOrSec>
        <name>TELEFLEX INC 4.25% 06/01/28</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
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        <cusip>879369AG1</cusip>
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          <isin value="US879369AG12"/>
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      <invstOrSec>
        <name>ALLY FINANCIAL IN V/R 01/17/40</name>
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          <isin value="US02005NBY58"/>
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      <invstOrSec>
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          <isin value="US156504AM47"/>
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      <invstOrSec>
        <name>TRANSDIGM INC 6.375% 03/01/29</name>
        <lei>N/A</lei>
        <title>TRANSDIGM INC REGD 144A P/P 6.37500000</title>
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          <isin value="US893647BU00"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STARWOOD PROPE 4.375% 01/15/27</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <cusip>85571BAY1</cusip>
        <identifiers>
          <isin value="US85571BAY11"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>228608.52000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CELANESE US HOLDIN 7% 02/15/31</name>
        <lei>N/A</lei>
        <title>CELANESE US HOLDINGS LLC REGD 7.00000000</title>
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        <identifiers>
          <isin value="US15089QBC78"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250758.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>MURPHY OIL USA 5.625% 05/01/27</name>
        <lei>N/A</lei>
        <title>MURPHY OIL USA INC REGD 5.62500000</title>
        <cusip>626738AD0</cusip>
        <identifiers>
          <isin value="US626738AD06"/>
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        <balance>126000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126480.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ADVANCE AUTO PA 1.75% 10/01/27</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>ADVANCE AUTO PARTS REGD 1.75000000</title>
        <cusip>00751YAF3</cusip>
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          <isin value="US00751YAF34"/>
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        <valUSD>152233.78000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>FORVIA SE 6.75% 09/15/33</name>
        <lei>969500F0VMZLK2IULV85</lei>
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        <cusip>31209DAC9</cusip>
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          <isin value="US31209DAC92"/>
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        <balance>240000.00000000</balance>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NISSAN MOTOR AC 7.05% 09/15/28</name>
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          <isin value="US65480CAF23"/>
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        <name>FMC CORP V/R 11/01/55</name>
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        <name>MILLROSE PROPER 6.25% 09/15/32</name>
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        <name>TENET HEALTHCARE 5.5% 11/15/32</name>
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        <name>FLASH COMPUTE L 7.25% 12/31/30</name>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>GO DADDY OPCO/F 5.25% 12/01/27</name>
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          <isin value="US38016LAA35"/>
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        <fairValLevel>2</fairValLevel>
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        <name>KIOXIA HOLDINGS 6.25% 07/24/30</name>
        <lei>35380080RTKRARNH4R73</lei>
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      <invstOrSec>
        <name>HARVEST MIDSTREA 7.5% 05/15/32</name>
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      <invstOrSec>
        <name>PARK INTERMED HOLD 7% 02/01/30</name>
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        <name>COINBASE GLOBA 3.625% 10/01/31</name>
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      <invstOrSec>
        <name>FTAI AVIATION  5.875% 04/15/33</name>
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        <name>SEAGATE DATA STO 8.5% 07/15/31</name>
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        <name>AVANTOR FUNDIN 4.625% 07/15/28</name>
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        <name>EDISON INTERNATIO V/R 06/15/53</name>
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        <name>NISSAN MOTOR CO 7.75% 07/17/32</name>
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        <name>STARWOOD PROPER 5.25% 10/15/28</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <lei>W7L3VLU8EHQY34Z36697</lei>
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        <name>BLOCK INC 3.5% 06/01/31</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>BLOCK INC REGD 3.50000000</title>
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        <invCountry>CA</invCountry>
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        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <name>RLJ LODGING TRUST  4% 09/15/29</name>
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        <name>TRIMAS CORP 4.125% 04/15/29</name>
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        <name>MINERAL RESOURC 9.25% 10/01/28</name>
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        <name>IMOLA MERGER CO 4.75% 05/15/29</name>
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        <name>FIBERCOP SPA 7.2% 07/18/36</name>
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        <name>ONEMAIN FINANC 6.625% 01/15/28</name>
        <lei>N/A</lei>
        <title>ONEMAIN FINANCE CORP REGD 6.62500000</title>
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      <invstOrSec>
        <name>ENTEGRIS INC 3.625% 05/01/29</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTEGRIS INC REGD 144A P/P 3.62500000</title>
        <cusip>29362UAD6</cusip>
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      <invstOrSec>
        <name>ADVANCE AUTO PA 5.95% 03/09/28</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>ADVANCE AUTO PARTS REGD 5.95000000</title>
        <cusip>00751YAJ5</cusip>
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          <isin value="US00751YAJ55"/>
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        <curCd>USD</curCd>
        <valUSD>138271.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>DIAMOND FRGN/DIA 8.5% 10/01/30</name>
        <lei>N/A</lei>
        <title>DIAMOND FRGN/DIAMOND FIN REGD 144A P/P 8.50000000</title>
        <cusip>25260WAD3</cusip>
        <identifiers>
          <isin value="US25260WAD39"/>
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        <balance>260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>276662.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HA SUSTAINABLE IN V/R 06/01/56</name>
        <lei>254900ZZRL7MWL1X8E92</lei>
        <title>HA SUSTAINABLE INF CAP REGD V/R 8.00000000</title>
        <cusip>41068XAG5</cusip>
        <identifiers>
          <isin value="US41068XAG51"/>
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        <balance>230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>241316.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TRAVEL + LEISURE C 6% 04/01/27</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>TRAVEL + LEISURE CO REGD 6.00000000</title>
        <cusip>98310WAN8</cusip>
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          <isin value="US98310WAN83"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213238.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>TRANSDIGM INC 7.125% 12/01/31</name>
        <lei>N/A</lei>
        <title>TRANSDIGM INC REGD 144A P/P 7.12500000</title>
        <cusip>893647BT3</cusip>
        <identifiers>
          <isin value="US893647BT37"/>
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        <balance>499000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>523929.54000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NISSAN MOTOR AC 2.45% 09/15/28</name>
        <lei>N/A</lei>
        <title>NISSAN MOTOR ACCEPTANCE REGD 144A P/P MTN 2.45000000</title>
        <cusip>65480CAD7</cusip>
        <identifiers>
          <isin value="US65480CAD74"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186176.29000000</valUSD>
        <pctVal>0.045733088915</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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>
          <isin value="US431318BC74"/>
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        <balance>251000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260747.59000000</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>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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      <invstOrSec>
        <name>ROCKIES EXPRESS 6.75% 03/15/33</name>
        <lei>N/A</lei>
        <title>ROCKIES EXPRESS PIPELINE REGD 144A P/P 6.75000000</title>
        <cusip>77340RAU1</cusip>
        <identifiers>
          <isin value="US77340RAU14"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205927.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ZIFF DAVIS INC 4.625% 10/15/30</name>
        <lei>5493008OJYGLHD7MXA18</lei>
        <title>ZIFF DAVIS INC REGD 144A P/P 4.62500000</title>
        <cusip>48123VAF9</cusip>
        <identifiers>
          <isin value="US48123VAF94"/>
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        <balance>216000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204446.59000000</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>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>TELECOM ITALIA 7.721% 06/04/38</name>
        <lei>N/A</lei>
        <title>TELECOM ITALIA CAPITAL REGD 7.72100000</title>
        <cusip>87927VAV0</cusip>
        <identifiers>
          <isin value="US87927VAV09"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>257222.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-04</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TELUS CORP V/R 10/15/55</name>
        <lei>894500WE70KKZRQMBU11</lei>
        <title>TELUS CORP REGD V/R 7.00000000</title>
        <cusip>87971MCM3</cusip>
        <identifiers>
          <isin value="US87971MCM38"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408071.32000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-10-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SNAP INC 6.875% 03/15/34</name>
        <lei>549300JNC0L6VP8A2Q35</lei>
        <title>SNAP INC REGD 144A P/P 6.87500000</title>
        <cusip>83304AAM8</cusip>
        <identifiers>
          <isin value="US83304AAM80"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260636.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.87500000</annualizedRt>
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        <name>APTIV SWISS HOLDI V/R 12/15/54</name>
        <lei>N/A</lei>
        <title>APTIV SWISS HOLDINGS LTD REGD V/R 6.87500000</title>
        <cusip>03837AAD2</cusip>
        <identifiers>
          <isin value="US03837AAD28"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>245598.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>ASCENT RESOURCES/A 9% 11/01/27</name>
        <lei>N/A</lei>
        <title>ASCENT RESOURCES/ARU FIN REGD P/P 9.00000000</title>
        <cusip>04364VAK9</cusip>
        <identifiers>
          <isin value="US04364VAK98"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184898.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
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          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>NRG ENERGY INC 3.875% 02/15/32</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC REGD 144A P/P 3.87500000</title>
        <cusip>629377CS9</cusip>
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          <isin value="US629377CS98"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206155.51000000</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>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
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      <invstOrSec>
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        <name>MACY'S RETAIL HL 4.5% 12/15/34</name>
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        <name>OPEN TEXT INC 4.125% 12/01/31</name>
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        <name>KB HOME 4% 06/15/31</name>
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        <name>GLOBAL ATLANTIC F V/R 10/15/54</name>
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        <name>CHORD ENERGY CO 6.75% 03/15/33</name>
        <lei>529900FA4V2YNIKZ0M71</lei>
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      <invstOrSec>
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        <name>POST HOLDINGS I 6.25% 02/15/32</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
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        <name>BUILDERS FIRST 6.375% 03/01/34</name>
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        <name>MGM RESORTS IN 6.125% 09/15/29</name>
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      <invstOrSec>
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        <lei>SM8L9RZYIB34LNTWO040</lei>
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        <name>SIRIUS XM RADI 3.875% 09/01/31</name>
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        <name>WARNERMEDIA HO 5.141% 03/15/52</name>
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        <name>LAMB WESTON HL 4.875% 05/15/28</name>
        <lei>5493005SMYID1D2OY946</lei>
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        <name>MATCH GROUP HL 4.625% 06/01/28</name>
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        <lei>549300TSJHRXT9QXRD13</lei>
        <title>METHANEX CORP REGD 5.25000000</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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      <invstOrSec>
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        <lei>UUL85LWXB4NGSWWXIQ25</lei>
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      <invstOrSec>
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          <isin value="US156504AN20"/>
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      </invstOrSec>
      <invstOrSec>
        <name>PTC INC 4% 02/15/28</name>
        <lei>54930050SSMU8SKDJ030</lei>
        <title>PTC INC REGD 144A P/P 4.00000000</title>
        <cusip>69370CAC4</cusip>
        <identifiers>
          <isin value="US69370CAC47"/>
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        <balance>250000.00000000</balance>
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      <invstOrSec>
        <name>SOUTH BOW CAN INF V/R 03/01/55</name>
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          <isin value="US836720AJ13"/>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CLOUD SOFTWARE G 6.5% 03/31/29</name>
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          <isin value="US88632QAE35"/>
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        <name>ENCORE CAPITAL 6.625% 04/15/31</name>
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        <cusip>292554AS1</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RESIDEO FUNDING IN 4% 09/01/29</name>
        <lei>N/A</lei>
        <title>RESIDEO FUNDING INC REGD 144A P/P 4.00000000</title>
        <cusip>76119LAB7</cusip>
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          <isin value="US76119LAB71"/>
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        <curCd>USD</curCd>
        <valUSD>139798.40000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ONEMAIN FINANCE  7.5% 05/15/31</name>
        <lei>N/A</lei>
        <title>ONEMAIN FINANCE CORP REGD 7.50000000</title>
        <cusip>682691AF7</cusip>
        <identifiers>
          <isin value="US682691AF77"/>
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        <balance>375000.00000000</balance>
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        <valUSD>393383.63000000</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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        <name>ASCENT RESOURC 6.625% 10/15/32</name>
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        <cusip>04364VAX1</cusip>
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          <isin value="US04364VAX10"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>290347.39000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>ADVANCED DRAINAGE  5% 09/30/27</name>
        <lei>6QQTOZ5MF5DHM7K92I60</lei>
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        <cusip>00790RAA2</cusip>
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          <isin value="US00790RAA23"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145366.49000000</valUSD>
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        <name>EMRLD BOR / EM 6.625% 12/15/30</name>
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        <cusip>29103CAA6</cusip>
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          <isin value="US29103CAA62"/>
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        <valUSD>1342043.47000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>SERVICE CORP I 5.125% 06/01/29</name>
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          <isin value="US817565CE22"/>
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        <name>MATCH GROUP HL 4.125% 08/01/30</name>
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        <name>WYNN RESORTS F 5.125% 10/01/29</name>
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          <isin value="US983133AA70"/>
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        <name>SUPERIOR PLUS/GE 4.5% 03/15/29</name>
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          <isin value="US86828LAC63"/>
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        <name>PG&amp;E CORP V/R 03/15/55</name>
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        <name>UNITED STATES  6.875% 03/01/29</name>
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          <isin value="US912909AU28"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>UNITED RENTALS  5.25% 01/15/30</name>
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          <isin value="US912909AD03"/>
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          <isin value="US69346VAA70"/>
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      <invstOrSec>
        <name>SUNOCO LP/FINA 5.875% 03/15/28</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TRANSDIGM INC 6.25% 01/31/34</name>
        <lei>N/A</lei>
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        <cusip>893647BZ9</cusip>
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          <isin value="US893647BZ96"/>
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      <invstOrSec>
        <name>MATTAMY GROUP CORP 6% 12/15/33</name>
        <lei>5493008TNY7A82WCXU31</lei>
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          <isin value="US57701RAQ56"/>
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        <invCountry>CA</invCountry>
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        <name>SEAGATE DATA S 9.625% 12/01/32</name>
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        <title>SEAGATE DATA STOR REGD 144A P/P 9.62500000</title>
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          <isin value="US81180LAR69"/>
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        <invCountry>SG</invCountry>

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      <invstOrSec>
        <name>ENERGY TRANSFER L V/R 10/01/54</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
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        <identifiers>
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        <name>KINETIK HOLDIN 6.625% 12/15/28</name>
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        <name>OPEN TEXT INC 4.125% 02/15/30</name>
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          <isin value="US683720AA42"/>
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        <name>EDISON INTERNATIO V/R 06/15/54</name>
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        <name>KODIAK GAS SERV 7.25% 02/15/29</name>
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        <name>TRANSDIGM INC 6.75% 08/15/28</name>
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        <name>PG&amp;E CORP 5.25% 07/01/30</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
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      <invstOrSec>
        <name>BRITISH TELECOMMU V/R 11/23/81</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUILDERS FIRST 6.375% 06/15/32</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SUNOCO LP/FINANC 4.5% 05/15/29</name>
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      <invstOrSec>
        <name>NISSAN MOTOR A 6.125% 09/30/30</name>
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        <cusip>65480CAL9</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>628704.72000000</valUSD>
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      <invstOrSec>
        <name>CROWN AMERICAS 5.875% 06/01/33</name>
        <lei>N/A</lei>
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          <isin value="US228180AC96"/>
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        <curCd>USD</curCd>
        <valUSD>320341.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>ENCOMPASS HEALTH 4.5% 02/01/28</name>
        <lei>549300FVRPM9DRQZRG64</lei>
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        <cusip>29261AAA8</cusip>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>383404.98000000</valUSD>
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        <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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        <name>TRAVEL + LEISU 6.125% 09/01/33</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
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        <cusip>894164AC6</cusip>
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        <name>VISTRA OPERATIONS  5% 07/31/27</name>
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        <name>NUSTAR LOGISTI 6.375% 10/01/30</name>
        <lei>N/A</lei>
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          <isin value="US67059TAH86"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>293535.20000000</valUSD>
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        <name>CCO HLDGS LLC/CA 4.5% 05/01/32</name>
        <lei>N/A</lei>
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        <name>CIVITAS RESOURC 8.75% 07/01/31</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <cusip>17888HAB9</cusip>
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      <invstOrSec>
        <name>GOEASY LTD 7.625% 07/01/29</name>
        <lei>5493009DJVZG2P8YV435</lei>
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        <cusip>380355AJ6</cusip>
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        <invCountry>CA</invCountry>
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        <name>NORDSTROM INC 4.375% 04/01/30</name>
        <lei>549300S3IZB5P35KNV16</lei>
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        <cusip>655664AT7</cusip>
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        <balance>260000.00000000</balance>
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        <name>IRON MOUNTAIN INC 5% 07/15/28</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REGD 144A P/P 5.00000000</title>
        <cusip>46284VAG6</cusip>
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        <name>BOMBARDIER INC 7% 06/01/32</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
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        <cusip>097751CC3</cusip>
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          <isin value="US097751CC35"/>
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        <valUSD>341564.67000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRON MOUNTAIN I 6.25% 01/15/33</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REGD 144A P/P 6.25000000</title>
        <cusip>46284VAQ4</cusip>
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          <isin value="US46284VAQ41"/>
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        <curCd>USD</curCd>
        <valUSD>566224.96000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>GGAM FINANCE L 5.875% 03/15/30</name>
        <lei>N/A</lei>
        <title>GGAM FINANCE LTD REGD 144A P/P 5.87500000</title>
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          <isin value="US36170JAE64"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208649.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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        <name>COHERENT CORP 5% 12/15/29</name>
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        <name>VIKING CRUISES 5.875% 10/15/33</name>
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        <invCountry>BM</invCountry>

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      <invstOrSec>
        <name>SILGAN HOLDING 4.125% 02/01/28</name>
        <lei>KAF673KJXD92C8KSLU49</lei>
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        <cusip>827048AW9</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>IRON MOUNTAIN INFO 5% 07/15/32</name>
        <lei>N/A</lei>
        <title>IRON MOUNTAIN INFO MGMT REGD 144A P/P 5.00000000</title>
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      <invstOrSec>
        <name>GFL ENVIRONMENTAL  4% 08/01/28</name>
        <lei>894500E7NLBY9VZRT696</lei>
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        <cusip>36168QAL8</cusip>
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        <name>RHP HOTEL PPTY/R 6.5% 06/15/33</name>
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        <name>RAKUTEN GROUP I 9.75% 04/15/29</name>
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      <invstOrSec>
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        <name>BELL CANADA V/R 09/15/55</name>
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        <lei>N/A</lei>
        <title>VZ SECURED FINANCING BV REGD 144A P/P 7.50000000</title>
        <cusip>91845AAB1</cusip>
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          <isin value="US91845AAB17"/>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>617298.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</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>
      <invstOrSec>
        <name>NRG ENERGY INC 3.375% 02/15/29</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC REGD 144A P/P 3.37500000</title>
        <cusip>629377CQ3</cusip>
        <identifiers>
          <isin value="US629377CQ33"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>287619.57000000</valUSD>
        <pctVal>0.070652022170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>3.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LADDER CAP FIN  4.25% 02/01/27</name>
        <lei>N/A</lei>
        <title>LADDER CAP FIN LLLP/CORP REGD 144A P/P 4.25000000</title>
        <cusip>505742AM8</cusip>
        <identifiers>
          <isin value="US505742AM88"/>
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        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>278614.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SEAGATE DATA S 4.091% 06/01/29</name>
        <lei>N/A</lei>
        <title>SEAGATE DATA STOR REGD 144A P/P 4.09100000</title>
        <cusip>81180LAK1</cusip>
        <identifiers>
          <isin value="US81180LAK17"/>
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        <balance>222000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>217820.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.09100000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>RESORTS WORLD/ 4.625% 04/06/31</name>
        <lei>N/A</lei>
        <title>RESORTS WORLD/RWLV CAP REGD 144A P/P 4.62500000</title>
        <cusip>76120HAC1</cusip>
        <identifiers>
          <isin value="US76120HAC16"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145805.74000000</valUSD>
        <pctVal>0.035816305459</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>DIRECTV FINANC 8.875% 02/01/30</name>
        <lei>N/A</lei>
        <title>DIRECTV FINANCING LLC REGD 144A P/P 8.87500000</title>
        <cusip>254945AA6</cusip>
        <identifiers>
          <isin value="US254945AA66"/>
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        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>734975.28000000</valUSD>
        <pctVal>0.180542269003</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>
          <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>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>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178341.26000000</valUSD>
        <pctVal>0.043808460792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</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>PACIFICORP V/R 09/15/55</name>
        <lei>N/A</lei>
        <title>PACIFICORP REGD V/R 7.37500000</title>
        <cusip>695114DF2</cusip>
        <identifiers>
          <isin value="US695114DF26"/>
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        <balance>415000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>427349.99000000</valUSD>
        <pctVal>0.104975961712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.37500000</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>
        <name>ENCORE CAPITAL  9.25% 04/01/29</name>
        <lei>5493000UVC6H49CIH830</lei>
        <title>ENCORE CAPITAL GROUP INC REGD 144A P/P 9.25000000</title>
        <cusip>292554AQ5</cusip>
        <identifiers>
          <isin value="US292554AQ52"/>
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        <balance>230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>241434.86000000</valUSD>
        <pctVal>0.059307025184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</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>ONEMAIN FINANC 5.375% 11/15/29</name>
        <lei>N/A</lei>
        <title>ONEMAIN FINANCE CORP REGD 5.37500000</title>
        <cusip>85172FAR0</cusip>
        <identifiers>
          <isin value="US85172FAR01"/>
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        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>379205.99000000</valUSD>
        <pctVal>0.093149676890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SONIC AUTOMOTI 4.625% 11/15/29</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>SONIC AUTOMOTIVE INC REGD 144A P/P 4.62500000</title>
        <cusip>83545GBD3</cusip>
        <identifiers>
          <isin value="US83545GBD34"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>319682.09000000</valUSD>
        <pctVal>0.078527987891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.62500000</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>
        <name>BATH &amp; BODY WOR 6.75% 07/01/36</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>BATH &amp; BODY WORKS INC REGD 6.75000000</title>
        <cusip>501797AM6</cusip>
        <identifiers>
          <isin value="US501797AM65"/>
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        <balance>260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259675.62000000</valUSD>
        <pctVal>0.063787758466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>
        <name>HLF FIN SARL L 12.25% 04/15/29</name>
        <lei>N/A</lei>
        <title>HLF FIN SARL LLC/HERBALI REGD 144A P/P 12.25000000</title>
        <cusip>40390DAD7</cusip>
        <identifiers>
          <isin value="US40390DAD75"/>
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        <balance>385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>414223.04000000</valUSD>
        <pctVal>0.101751405183</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.25000000</annualizedRt>
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          <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>QUIKRETE HOLDI 6.375% 03/01/32</name>
        <lei>5493007KIN86DIZWZT22</lei>
        <title>QUIKRETE HOLDINGS INC REGD 144A P/P 6.37500000</title>
        <cusip>74843PAA8</cusip>
        <identifiers>
          <isin value="US74843PAA84"/>
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        <balance>1910000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1981838.21000000</valUSD>
        <pctVal>0.486826668825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HERC HOLDINGS I 5.75% 03/15/31</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>HERC HOLDINGS INC REGD 144A P/P 5.75000000</title>
        <cusip>42704LAH7</cusip>
        <identifiers>
          <isin value="US42704LAH78"/>
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        <balance>285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>287191.65000000</valUSD>
        <pctVal>0.070546906189</pctVal>
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        <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>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VISTRA OPERATI 4.375% 05/01/29</name>
        <lei>N/A</lei>
        <title>VISTRA OPERATIONS CO LLC REGD 144A P/P 4.37500000</title>
        <cusip>92840VAH5</cusip>
        <identifiers>
          <isin value="US92840VAH50"/>
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        <balance>665000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>656987.75000000</valUSD>
        <pctVal>0.161385100043</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</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>XPLR INFRAST OP 7.25% 01/15/29</name>
        <lei>N/A</lei>
        <title>XPLR INFRAST OPERATING REGD 144A P/P 7.25000000</title>
        <cusip>65342QAM4</cusip>
        <identifiers>
          <isin value="US65342QAM42"/>
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        <balance>363000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>374762.65000000</valUSD>
        <pctVal>0.092058197071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <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>DISCOVERY COMMU 3.95% 03/20/28</name>
        <lei>N/A</lei>
        <title>DISCOVERY COMMUNICATIONS REGD SER * 3.95000000</title>
        <cusip>25470DBS7</cusip>
        <identifiers>
          <isin value="US25470DBS71"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>589836.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WHIRLPOOL CORP 5.75% 03/01/34</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>WHIRLPOOL CORP REGD 5.75000000</title>
        <cusip>963320BC9</cusip>
        <identifiers>
          <isin value="US963320BC98"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>146062.45000000</valUSD>
        <pctVal>0.035879364730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VMED O2 UK FINA 4.25% 01/31/31</name>
        <lei>N/A</lei>
        <title>VMED O2 UK FINAN REGD 144A P/P 4.25000000</title>
        <cusip>92858RAA8</cusip>
        <identifiers>
          <isin value="US92858RAA86"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>588530.25000000</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>2031-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OUTFRONT MEDIA 7.375% 02/15/31</name>
        <lei>N/A</lei>
        <title>OUTFRONT MEDIA CAP LLC/C REGD 144A P/P 7.37500000</title>
        <cusip>69007TAG9</cusip>
        <identifiers>
          <isin value="US69007TAG94"/>
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        <balance>226000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>238153.38000000</valUSD>
        <pctVal>0.058500949305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BREAD FINANCIAL 6.75% 05/15/31</name>
        <lei>549300G8S4PO686J7H97</lei>
        <title>BREAD FINANCIAL HLDGS REGD 144A P/P 6.75000000</title>
        <cusip>018581AR9</cusip>
        <identifiers>
          <isin value="US018581AR99"/>
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        <balance>230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>237158.98000000</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>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AXON ENTERPRISE 6.25% 03/15/33</name>
        <lei>549300QP2IEEGFE16681</lei>
        <title>AXON ENTERPRISE INC REGD 144A P/P 6.25000000</title>
        <cusip>05464CAD3</cusip>
        <identifiers>
          <isin value="US05464CAD39"/>
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        <balance>355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>368048.03000000</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>2033-03-15</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>CLEVELAND-CLIFFS 7.5% 09/15/31</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS INC REGD 144A P/P 7.50000000</title>
        <cusip>185899AS0</cusip>
        <identifiers>
          <isin value="US185899AS01"/>
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        <balance>410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>432926.79000000</valUSD>
        <pctVal>0.106345869182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</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>JAGUAR LAND RO 5.875% 01/15/28</name>
        <lei>N/A</lei>
        <title>JAGUAR LAND ROVER AUTOMO REGD 144A P/P 5.87500000</title>
        <cusip>47010BAK0</cusip>
        <identifiers>
          <isin value="US47010BAK08"/>
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        <balance>265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>265183.86000000</valUSD>
        <pctVal>0.065140824583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROCKET COS INC 7.125% 02/01/32</name>
        <lei>N/A</lei>
        <title>ROCKET COS INC REGD 144A P/P 7.12500000</title>
        <cusip>77311WAD3</cusip>
        <identifiers>
          <isin value="US77311WAD39"/>
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        <balance>481000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502927.35000000</valUSD>
        <pctVal>0.123541086868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FMC CORP 5.65% 05/18/33</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC CORP REGD 5.65000000</title>
        <cusip>302491AX3</cusip>
        <identifiers>
          <isin value="US302491AX31"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>216928.57000000</valUSD>
        <pctVal>0.053287202039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RB GLOBAL HOLDI 7.75% 03/15/31</name>
        <lei>N/A</lei>
        <title>RB GLOBAL HOLDINGS INC REGD 144A P/P 7.75000000</title>
        <cusip>76774LAC1</cusip>
        <identifiers>
          <isin value="US76774LAC19"/>
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        <balance>398000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>415367.53000000</valUSD>
        <pctVal>0.102032542287</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>7.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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>335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>335262.98000000</valUSD>
        <pctVal>0.082355340062</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>TWILIO INC 3.875% 03/15/31</name>
        <lei>5493004W8TRGD63APX93</lei>
        <title>TWILIO INC REGD 3.87500000</title>
        <cusip>90138FAD4</cusip>
        <identifiers>
          <isin value="US90138FAD42"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>227125.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>RANGE RESOURCES 4.75% 02/15/30</name>
        <lei>H3Y3WLYCX0BTO1TRW162</lei>
        <title>RANGE RESOURCES CORP REGD 144A P/P 4.75000000</title>
        <cusip>75281ABK4</cusip>
        <identifiers>
          <isin value="US75281ABK43"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>241763.54000000</valUSD>
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        <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>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>VENTURE GLOBAL P 7.5% 05/01/33</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>VENTURE GLOBAL PLAQUE REGD 144A P/P 7.50000000</title>
        <cusip>922966AA4</cusip>
        <identifiers>
          <isin value="US922966AA47"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>614307.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENPRO INC 6.125% 06/01/33</name>
        <lei>549300Y5CFT2LKCFDN54</lei>
        <title>ENPRO INC REGD 144A P/P 6.12500000</title>
        <cusip>29355XAH0</cusip>
        <identifiers>
          <isin value="US29355XAH08"/>
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        <balance>218000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>224707.64000000</valUSD>
        <pctVal>0.055198083924</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOLINA HEALTHCA 6.25% 01/15/33</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>MOLINA HEALTHCARE INC REGD 144A P/P 6.25000000</title>
        <cusip>60855RAM2</cusip>
        <identifiers>
          <isin value="US60855RAM25"/>
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        <balance>360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362784.60000000</valUSD>
        <pctVal>0.089115860935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <name>VF CORP 2.95% 04/23/30</name>
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        <name>AMN HEALTHCARE I 6.5% 01/15/31</name>
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        <name>HAWAIIAN ELEC CO 6% 10/01/33</name>
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        <name>HILTON DOMESTIC OP 4% 05/01/31</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>APH/APH2/APH3/ 7.875% 11/01/29</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>PENNYMAC FIN S 6.875% 05/15/32</name>
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      <invstOrSec>
        <name>ENCORE CAPITAL G 8.5% 05/15/30</name>
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        <name>PERRIGO FINANCE  4.9% 12/15/44</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US714295AA08"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NISSAN MOTOR CO 7.5% 07/17/30</name>
        <lei>353800DRBDH1LUTNAY26</lei>
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        <cusip>654922AB9</cusip>
        <identifiers>
          <isin value="US654922AB97"/>
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        <curCd>USD</curCd>
        <valUSD>499164.90000000</valUSD>
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        <invCountry>JP</invCountry>
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        <name>FRST STU BID/FRST  4% 07/31/29</name>
        <lei>N/A</lei>
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        <cusip>337120AA7</cusip>
        <identifiers>
          <isin value="US337120AA74"/>
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        <balance>297000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BATH &amp; BODY WO 6.625% 10/01/30</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
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        <cusip>501797AW4</cusip>
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          <isin value="US501797AW48"/>
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        <balance>395000.00000000</balance>
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        <name>SAFEWAY INC 7.25% 02/01/31</name>
        <lei>N/A</lei>
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          <isin value="US786514BA67"/>
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        <name>HILTON DOMESTI 5.875% 04/01/29</name>
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          <isin value="US432833AP66"/>
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        <name>SUNOCO LP/FINANCE  7% 09/15/28</name>
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        <name>TENET HEALTHCA 6.125% 06/15/30</name>
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        <name>KODIAK GAS SERV 6.75% 10/01/35</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MILLICOM INTL CE 4.5% 04/27/31</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>XPO CNW INC 6.7% 05/01/34</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>PERFORMANCE FO 6.125% 09/15/32</name>
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      <invstOrSec>
        <name>TRAVEL + LEISU 4.625% 03/01/30</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
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        <cusip>98310WAQ1</cusip>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DISCOVERY COMM 3.625% 05/15/30</name>
        <lei>N/A</lei>
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        <cusip>25470DCC1</cusip>
        <identifiers>
          <isin value="US25470DCC11"/>
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        <curCd>USD</curCd>
        <valUSD>430152.90000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BRANDYWINE OPER 3.95% 11/15/27</name>
        <lei>N/A</lei>
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        <cusip>105340AQ6</cusip>
        <identifiers>
          <isin value="US105340AQ63"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201191.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BLACKROCK TCP C 6.95% 05/30/29</name>
        <lei>549300JU1XG1HF56J989</lei>
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        <cusip>09259EAC2</cusip>
        <identifiers>
          <isin value="US09259EAC21"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148615.40000000</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>US FOODS INC 7.25% 01/15/32</name>
        <lei>N/A</lei>
        <title>US FOODS INC REGD 144A P/P 7.25000000</title>
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        <identifiers>
          <isin value="US90290MAH43"/>
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        <balance>236000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>247909.03000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LAMB WESTON HL 4.125% 01/31/30</name>
        <lei>5493005SMYID1D2OY946</lei>
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        <cusip>513272AD6</cusip>
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          <isin value="US513272AD65"/>
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        <balance>470000.00000000</balance>
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        <valUSD>454107.14000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BOMBARDIER INC 6.75% 06/15/33</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
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        <cusip>097751CD1</cusip>
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          <isin value="US097751CD18"/>
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        <valUSD>352300.07000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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      <invstOrSec>
        <name>IQVIA INC 5% 05/15/27</name>
        <lei>N/A</lei>
        <title>IQVIA INC REGD 144A P/P 5.00000000</title>
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          <isin value="US46266TAA60"/>
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        <name>MINERAL RESOURCES  7% 04/01/31</name>
        <lei>5299007V1ACKFFX2P066</lei>
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        <invCountry>AU</invCountry>
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        <name>KEN GARFF AUTO 4.875% 09/15/28</name>
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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>
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          <isin value="US668771AM05"/>
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        <valUSD>462711.24000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>BUILDERS FIRSTS 6.75% 05/15/35</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>BUILDERS FIRSTSOURCE INC REGD 144A P/P 6.75000000</title>
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          <isin value="US12008RAT41"/>
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        <balance>335000.00000000</balance>
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        <valUSD>352379.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEREX CORP 5% 05/15/29</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>TEREX CORP REGD 144A P/P 5.00000000</title>
        <cusip>880779BA0</cusip>
        <identifiers>
          <isin value="US880779BA01"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>289259.54000000</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>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>BALL CORP 6% 06/15/29</name>
        <lei>0BGI85ALH27ZJP15DY16</lei>
        <title>BALL CORP REGD 6.00000000</title>
        <cusip>058498AZ9</cusip>
        <identifiers>
          <isin value="US058498AZ97"/>
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        <balance>441000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>454612.05000000</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>MACY'S RETAIL  6.125% 03/15/32</name>
        <lei>N/A</lei>
        <title>MACY'S RETAIL HLDGS LLC REGD 144A P/P 6.12500000</title>
        <cusip>55617LAR3</cusip>
        <identifiers>
          <isin value="US55617LAR33"/>
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        <balance>195000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197257.64000000</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>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SUNOCO LP 4.625% 05/01/30</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP REGD 144A P/P 4.62500000</title>
        <cusip>86765KAK5</cusip>
        <identifiers>
          <isin value="US86765KAK51"/>
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        <balance>390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>380518.20000000</valUSD>
        <pctVal>0.093472013405</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WHIRLPOOL CORP 4.5% 06/01/46</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>WHIRLPOOL CORP REGD 4.50000000</title>
        <cusip>963320AV8</cusip>
        <identifiers>
          <isin value="US963320AV88"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>181560.00000000</valUSD>
        <pctVal>0.044599124966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>
        <name>ADVANCED DRAIN 6.375% 06/15/30</name>
        <lei>6QQTOZ5MF5DHM7K92I60</lei>
        <title>ADVANCED DRAINAGE SYSTEM REGD 144A P/P 6.37500000</title>
        <cusip>00790RAB0</cusip>
        <identifiers>
          <isin value="US00790RAB06"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255757.00000000</valUSD>
        <pctVal>0.062825172968</pctVal>
        <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>6.37500000</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>
        <name>CHORD ENERGY CORP 6% 10/01/30</name>
        <lei>529900FA4V2YNIKZ0M71</lei>
        <title>CHORD ENERGY CORP REGD 144A P/P 6.00000000</title>
        <cusip>674215AQ1</cusip>
        <identifiers>
          <isin value="US674215AQ11"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>357016.91000000</valUSD>
        <pctVal>0.087699062482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>
        <name>SUNOCO LP/FINANC 4.5% 04/30/30</name>
        <lei>N/A</lei>
        <title>SUNOCO LP/FINANCE CORP REGD 4.50000000</title>
        <cusip>86765LAZ0</cusip>
        <identifiers>
          <isin value="US86765LAZ04"/>
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        <balance>335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>327310.48000000</valUSD>
        <pctVal>0.080401856138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</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>
        <name>BWX TECHNOLOGI 4.125% 06/30/28</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX TECHNOLOGIES INC REGD 144A P/P 4.12500000</title>
        <cusip>05605HAB6</cusip>
        <identifiers>
          <isin value="US05605HAB69"/>
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        <balance>181000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178463.29000000</valUSD>
        <pctVal>0.043838436730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>
      <invstOrSec>
        <name>VISTRA OPERATIO 7.75% 10/15/31</name>
        <lei>N/A</lei>
        <title>VISTRA OPERATIONS CO LLC REGD 144A P/P 7.75000000</title>
        <cusip>92840VAP7</cusip>
        <identifiers>
          <isin value="US92840VAP76"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>741013.70000000</valUSD>
        <pctVal>0.182025570656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ZEGONA FINANCE 8.625% 07/15/29</name>
        <lei>N/A</lei>
        <title>ZEGONA FINANCE PLC REGD 144A P/P 8.62500000</title>
        <cusip>98927UAA5</cusip>
        <identifiers>
          <isin value="US98927UAA51"/>
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        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>417622.84000000</valUSD>
        <pctVal>0.102586545660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
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      <invstOrSec>
        <name>BRISTOW GROUP  6.875% 03/01/28</name>
        <lei>5493005Q24EN3UC1PV68</lei>
        <title>BRISTOW GROUP INC REGD 144A P/P 6.87500000</title>
        <cusip>11040GAA1</cusip>
        <identifiers>
          <isin value="US11040GAA13"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>185311.54000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ASGN INCORPORA 4.625% 05/15/28</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>ASGN INCORPORATED REGD 144A P/P 4.62500000</title>
        <cusip>00191UAA0</cusip>
        <identifiers>
          <isin value="US00191UAA07"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>266059.27000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>JEFFERSON CAPIT 8.25% 05/15/30</name>
        <lei>N/A</lei>
        <title>JEFFERSON CAPITAL HOLDIN REGD 144A P/P 8.25000000</title>
        <cusip>472481AC4</cusip>
        <identifiers>
          <isin value="US472481AC47"/>
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        <balance>249999.00000000</balance>
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        <valUSD>263584.14000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ENCOMPASS HEAL 4.625% 04/01/31</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>ENCOMPASS HEALTH CORP REGD 4.62500000</title>
        <cusip>29261AAE0</cusip>
        <identifiers>
          <isin value="US29261AAE01"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181234.62000000</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>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <name>ROCKIES EXPRESS  7.5% 07/15/38</name>
        <lei>N/A</lei>
        <title>ROCKIES EXPRESS PIPELINE REGD P/P 7.50000000</title>
        <cusip>77340RAD9</cusip>
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          <isin value="US77340RAD98"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125962.84000000</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>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>TRANSALTA CORP 6.5% 03/15/40</name>
        <lei>984500EE2ADD850F1C96</lei>
        <title>TRANSALTA CORP REGD 6.50000000</title>
        <cusip>89346DAE7</cusip>
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          <isin value="US89346DAE76"/>
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        <balance>140000.00000000</balance>
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      <invstOrSec>
        <name>RHP HOTEL PPTY/R 4.5% 02/15/29</name>
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      <invstOrSec>
        <name>ARSENAL AIC PARENT 8% 10/01/30</name>
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        <name>PRA GROUP INC 8.375% 02/01/28</name>
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      <invstOrSec>
        <name>GEN DIGITAL IN 7.125% 09/30/30</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
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      <invstOrSec>
        <name>LADDER CAP FIN LLL 7% 07/15/31</name>
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          <isin value="US505742AR75"/>
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      <invstOrSec>
        <name>EDGEWELL PERSONA 5.5% 06/01/28</name>
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          <isin value="US28035QAA04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ZF NA CAPITAL 6.875% 04/23/32</name>
        <lei>N/A</lei>
        <title>ZF NA CAPITAL REGD 144A P/P 6.87500000</title>
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        <identifiers>
          <isin value="US98877DAG07"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>ANTERO MIDSTRE 6.625% 02/01/32</name>
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        <title>ANTERO MIDSTREAM PART/FI REGD 144A P/P 6.62500000</title>
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        <identifiers>
          <isin value="US03690AAK25"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>VAIL RESORTS I 5.625% 07/15/30</name>
        <lei>529900PSZHRNU9HKH870</lei>
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        <valUSD>254025.00000000</valUSD>
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        <name>SUNCOKE ENERGY 4.875% 06/30/29</name>
        <lei>1KF1J2NXQE2PI0QOB943</lei>
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        <cusip>86722AAD5</cusip>
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          <isin value="US86722AAD54"/>
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        <name>SCIENCE APPLIC 5.875% 11/01/33</name>
        <lei>549300LZPNZIXQGZPZ48</lei>
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          <isin value="US808625AB32"/>
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        <name>FMC CORP 6.375% 05/18/53</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC CORP REGD 6.37500000</title>
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        <name>WESCO DISTRIBU 6.375% 03/15/33</name>
        <lei>N/A</lei>
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          <isin value="US95081QAS30"/>
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        <name>BUCKEYE PARTNER 6.75% 02/01/30</name>
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      <invstOrSec>
        <name>FTAI AVIATION INVE 7% 05/01/31</name>
        <lei>529900E7PUVK6BC8PE80</lei>
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          <isin value="US34960PAF80"/>
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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>TRI POINTE HOMES 5.7% 06/15/28</name>
        <lei>N/A</lei>
        <title>TRI POINTE HOMES INC REGD 5.70000000</title>
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        <name>GENMAB A/S/GENM 7.25% 12/15/33</name>
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        <name>STONEBRIAR ABF 8.125% 12/15/30</name>
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        <name>CALPINE CORP 4.5% 02/15/28</name>
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        <name>ATP TOW/ANDEAN 7.875% 02/03/30</name>
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        <lei>GR3KVMWVCR54YWQNXU90</lei>
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        <lei>5493009DJVZG2P8YV435</lei>
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        <cusip>380355AR8</cusip>
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        <issuerCat>CORP</issuerCat>
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        <name>SERVICE CORP INTL 4% 05/15/31</name>
        <lei>549300RKVM2ME20JHZ15</lei>
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        <name>JEFFERIES FIN  6.625% 10/15/31</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>EMRLD BOR / EMR 6.75% 07/15/31</name>
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        <name>CROWN AMERICAS  5.25% 04/01/30</name>
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        <name>DPL INC/OHIO 4.35% 04/15/29</name>
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          <isin value="US233293AQ29"/>
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        <name>NRG ENERGY INC 5.75% 01/15/34</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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      <invstOrSec>
        <name>CIVITAS RESOUR 8.625% 11/01/30</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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      <invstOrSec>
        <name>CIVITAS RESOUR 8.375% 07/01/28</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <cusip>17888HAA1</cusip>
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          <isin value="US17888HAA14"/>
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      <invstOrSec>
        <name>BRANDYWINE OPER  8.3% 03/15/28</name>
        <lei>N/A</lei>
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        <name>MACY'S RETAIL  7.375% 08/01/33</name>
        <lei>N/A</lei>
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        <cusip>55617LAS1</cusip>
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        <balance>259000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>HILCORP ENERGY I/H 6% 02/01/31</name>
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        <valUSD>293796.54000000</valUSD>
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        <name>VISTRA OPERATI 6.875% 04/15/32</name>
        <lei>N/A</lei>
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          <isin value="US92840VAR33"/>
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        <name>UNITED RENTALS 4.875% 01/15/28</name>
        <lei>N/A</lei>
        <title>UNITED RENTALS NORTH AM REGD 4.87500000</title>
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        <name>PATTERN ENERGY O 4.5% 08/15/28</name>
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      <invstOrSec>
        <name>BOYD GAMING COR 4.75% 12/01/27</name>
        <lei>254900787YGRYS2A1Z35</lei>
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      <invstOrSec>
        <name>FTAI AVIATION  7.875% 12/01/30</name>
        <lei>529900E7PUVK6BC8PE80</lei>
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      <invstOrSec>
        <name>WHIRLPOOL CORP 6.125% 06/15/30</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
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          <isin value="US963320BD71"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <lei>549300W02B4WNV8CV109</lei>
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      <invstOrSec>
        <name>TRINITY INDUSTR 7.75% 07/15/28</name>
        <lei>R1JB4KXN77XFCXOQKV49</lei>
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        <cusip>896522AJ8</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TENET HEALTHCA 5.125% 11/01/27</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
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          <isin value="US88033GDB32"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TELUS CORP V/R 06/09/56</name>
        <lei>894500WE70KKZRQMBU11</lei>
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        <cusip>87971MCR2</cusip>
        <identifiers>
          <isin value="US87971MCR25"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUILDERS FIRSTS 4.25% 02/01/32</name>
        <lei>549300W0SKP6L3H7DP63</lei>
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          <isin value="US12008RAP29"/>
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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>RAND PARENT LLC 8.5% 02/15/30</name>
        <lei>N/A</lei>
        <title>RAND PARENT LLC REGD 144A P/P 8.50000000</title>
        <cusip>753272AA1</cusip>
        <identifiers>
          <isin value="US753272AA11"/>
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        <curCd>USD</curCd>
        <valUSD>428704.44000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US FOODS INC 6.875% 09/15/28</name>
        <lei>N/A</lei>
        <title>US FOODS INC REGD 144A P/P 6.87500000</title>
        <cusip>90290MAG6</cusip>
        <identifiers>
          <isin value="US90290MAG69"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252991.41000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VIKING CRUISES 9.125% 07/15/31</name>
        <lei>N/A</lei>
        <title>VIKING CRUISES LTD REGD 144A P/P 9.12500000</title>
        <cusip>92676XAG2</cusip>
        <identifiers>
          <isin value="US92676XAG25"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>325453.30000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CONSTELLATION E 3.75% 03/01/31</name>
        <lei>N/A</lei>
        <title>CONSTELLATION EN GEN LLC REGD P/P 3.75000000</title>
        <cusip>210385AL4</cusip>
        <identifiers>
          <isin value="US210385AL47"/>
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        <balance>480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>462708.79000000</valUSD>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SM ENERGY CO 6.75% 08/01/29</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM ENERGY CO REGD 144A P/P 6.75000000</title>
        <cusip>78454LAX8</cusip>
        <identifiers>
          <isin value="US78454LAX82"/>
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        <balance>340000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ATKORE INC 4.25% 06/01/31</name>
        <lei>52990002TI38AM4RPV48</lei>
        <title>ATKORE INC REGD 144A P/P 4.25000000</title>
        <cusip>047649AA6</cusip>
        <identifiers>
          <isin value="US047649AA63"/>
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        <balance>190000.00000000</balance>
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        <valUSD>181428.30000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PRECISION DRIL 6.875% 01/15/29</name>
        <lei>8945003E8R4T2TZ7G795</lei>
        <title>PRECISION DRILLING CORP REGD 144A P/P 6.87500000</title>
        <cusip>740212AM7</cusip>
        <identifiers>
          <isin value="US740212AM74"/>
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        <balance>200000.00000000</balance>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ASCENT RESOURC 5.875% 06/30/29</name>
        <lei>N/A</lei>
        <title>ASCENT RESOURCES/ARU FIN REGD 144A P/P 5.87500000</title>
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        <name>API GROUP DE IN 4.75% 10/15/29</name>
        <lei>N/A</lei>
        <title>API GROUP DE INC REGD 144A P/P 4.75000000</title>
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          <isin value="US00185PAA93"/>
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        <name>BURFORD CAPITA 6.875% 04/15/30</name>
        <lei>N/A</lei>
        <title>BURFORD CAPITAL GLBL FIN REGD 144A P/P 6.87500000</title>
        <cusip>12116LAC3</cusip>
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        <name>HERC HOLDINGS  6.625% 06/15/29</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>HERC HOLDINGS INC REGD 144A P/P 6.62500000</title>
        <cusip>42704LAE4</cusip>
        <identifiers>
          <isin value="US42704LAE48"/>
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        <valUSD>424539.42000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>TENET HEALTHCAR 4.25% 06/01/29</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP REGD 4.25000000</title>
        <cusip>88033GDM9</cusip>
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          <isin value="US88033GDM96"/>
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        <balance>633000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>622396.62000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US853496AG21"/>
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        <curCd>USD</curCd>
        <valUSD>680453.03000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>KIOXIA HOLDING 6.625% 07/24/33</name>
        <lei>35380080RTKRARNH4R73</lei>
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        <cusip>49726JAB4</cusip>
        <identifiers>
          <isin value="US49726JAB44"/>
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        <curCd>USD</curCd>
        <valUSD>588395.78000000</valUSD>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CELANESE US HOL 7.05% 11/15/30</name>
        <lei>N/A</lei>
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        <cusip>15089QAX2</cusip>
        <identifiers>
          <isin value="US15089QAX25"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DISCOVERY COMMUNIC 5% 09/20/37</name>
        <lei>N/A</lei>
        <title>DISCOVERY COMMUNICATIONS REGD SER * 5.00000000</title>
        <cusip>25470DBY4</cusip>
        <identifiers>
          <isin value="US25470DBY40"/>
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        <curCd>USD</curCd>
        <valUSD>170141.40000000</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>2037-09-20</maturityDt>
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      <invstOrSec>
        <name>BLOCK INC 6% 08/15/33</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>BLOCK INC REGD 144A P/P 6.00000000</title>
        <cusip>852234AU7</cusip>
        <identifiers>
          <isin value="US852234AU71"/>
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        <balance>495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505869.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOEASY LTD 7.375% 10/01/30</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>GOEASY LTD REGD 144A P/P 7.37500000</title>
        <cusip>380355AN7</cusip>
        <identifiers>
          <isin value="US380355AN75"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178641.46000000</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>2030-10-01</maturityDt>
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          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>ONEMAIN FINANCE 6.75% 03/15/32</name>
        <lei>N/A</lei>
        <title>ONEMAIN FINANCE CORP REGD 6.75000000</title>
        <cusip>682691AJ9</cusip>
        <identifiers>
          <isin value="US682691AJ99"/>
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        <balance>321000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>328477.70000000</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>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BLOCK INC 6.5% 05/15/32</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>BLOCK INC REGD 6.50000000</title>
        <cusip>852234AS2</cusip>
        <identifiers>
          <isin value="US852234AS26"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>997928.18000000</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>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>JEFFERSON CAPITA 9.5% 02/15/29</name>
        <lei>N/A</lei>
        <title>JEFFERSON CAPITAL HOLDIN REGD 144A P/P 9.50000000</title>
        <cusip>472481AB6</cusip>
        <identifiers>
          <isin value="US472481AB63"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194263.88000000</valUSD>
        <pctVal>0.047719756888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>CONSTELLIUM SE 5.625% 06/15/28</name>
        <lei>724500KRJEMC79KAAU28</lei>
        <title>CONSTELLIUM SE REGD 144A P/P 5.62500000</title>
        <cusip>21039CAA2</cusip>
        <identifiers>
          <isin value="US21039CAA27"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150253.65000000</valUSD>
        <pctVal>0.036908907871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>GEO GROUP INC/ 8.625% 04/15/29</name>
        <lei>54930024XOXET7NQVZ63</lei>
        <title>GEO GROUP INC/THE REGD 8.62500000</title>
        <cusip>36162JAG1</cusip>
        <identifiers>
          <isin value="US36162JAG13"/>
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        <balance>315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>329608.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
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      <invstOrSec>
        <name>ORGANON &amp; CO/OR 6.75% 05/15/34</name>
        <lei>N/A</lei>
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        <cusip>68622FAA9</cusip>
        <identifiers>
          <isin value="US68622FAA93"/>
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        <balance>243000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237758.76000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>HILCORP ENERGY  7.25% 02/15/35</name>
        <lei>N/A</lei>
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        <cusip>431318BG8</cusip>
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          <isin value="US431318BG88"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>469588.64000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ONEMAIN FINANC 7.125% 11/15/31</name>
        <lei>N/A</lei>
        <title>ONEMAIN FINANCE CORP REGD 7.12500000</title>
        <cusip>682691AG5</cusip>
        <identifiers>
          <isin value="US682691AG50"/>
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        <balance>327000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>339081.99000000</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>
        <name>MGM RESORTS INTL 6.5% 04/15/32</name>
        <lei>54930066VBP7DZEGGJ87</lei>
        <title>MGM RESORTS INTL REGD 6.50000000</title>
        <cusip>552953CJ8</cusip>
        <identifiers>
          <isin value="US552953CJ87"/>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>368737.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>BREAKWATER ENRG 9.25% 11/15/30</name>
        <lei>N/A</lei>
        <title>BREAKWATER ENRGY HOLD REGD 144A P/P 9.25000000</title>
        <cusip>10637BAA3</cusip>
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          <isin value="US10637BAA35"/>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>404497.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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      <invstOrSec>
        <name>CACI INTERNATI 6.375% 06/15/33</name>
        <lei>SYRPI2D1O9WRTS2WX210</lei>
        <title>CACI INTERNATIONAL INC REGD 144A P/P 6.37500000</title>
        <cusip>127190AE6</cusip>
        <identifiers>
          <isin value="US127190AE62"/>
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        <balance>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>503811.70000000</valUSD>
        <pctVal>0.123758322141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GGAM FINANCE LTD 8% 02/15/27</name>
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        <name>HESS MIDSTREAM O 5.5% 10/15/30</name>
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        <name>ELEMENT SOLUTI 3.875% 09/01/28</name>
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        <name>BOMBARDIER INC 6% 02/15/28</name>
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        <name>BOMBARDIER INC 8.75% 11/15/30</name>
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        <name>HOWARD HUGHES  4.375% 02/01/31</name>
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        <name>CLEVELAND-CLIFFS I 7% 03/15/32</name>
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        <name>MACY'S RETAIL  5.125% 01/15/42</name>
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        <name>KFC HLD/PIZZA H 4.75% 06/01/27</name>
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      <invstOrSec>
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      <invstOrSec>
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        <name>RHP HOTEL PPTY/R 6.5% 04/01/32</name>
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        <name>AMERICAN AIRLIN 7.25% 02/15/28</name>
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      <invstOrSec>
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        <name>AAR ESCROW ISSU 6.75% 03/15/29</name>
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        <name>KB HOME 7.25% 07/15/30</name>
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      <invstOrSec>
        <name>ENERGY TRANSFER L V/R 02/15/56</name>
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      <invstOrSec>
        <name>KOHL'S CORPORATIO 10% 06/01/30</name>
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        <cusip>500255AY0</cusip>
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        <name>XPLR INFRAST OPE 4.5% 09/15/27</name>
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        <cusip>65342QAB8</cusip>
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          <isin value="US65342QAB86"/>
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        <name>SIRIUS XM RADIO  5.5% 07/01/29</name>
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        <name>ONEMAIN FINANCE 6.75% 09/15/33</name>
        <lei>N/A</lei>
        <title>ONEMAIN FINANCE CORP REGD 6.75000000</title>
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        <name>NISSAN MOTOR ACC 5.3% 09/13/27</name>
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        <cusip>65480CAG0</cusip>
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        <cusip>45344LAD5</cusip>
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        <cusip>02220AAB3</cusip>
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        <name>HILCORP ENERGY  6.25% 11/01/28</name>
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        <name>YUM  BRANDS IN 6.875% 11/15/37</name>
        <lei>549300JE8XHZZ7OHN517</lei>
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        <name>USA COM PART/US 6.25% 10/01/33</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>PILGRIM'S PRIDE 4.25% 04/15/31</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTH BOW CAN INF V/R 03/01/55</name>
        <lei>2549004FYUSYLPBT1G26</lei>
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        <cusip>836720AG7</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NOVA CHEMICALS COR 9% 02/15/30</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VODAFONE GROUP PL V/R 06/04/81</name>
        <lei>213800TB53ELEUKM7Q61</lei>
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        <cusip>92857WBW9</cusip>
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        <curCd>USD</curCd>
        <valUSD>513082.95000000</valUSD>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FIDELIS INSUR HLD V/R 06/15/55</name>
        <lei>549300CDMGCAGJQ7DX03</lei>
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        <cusip>31575FAC0</cusip>
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          <isin value="US31575FAC05"/>
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        <curCd>USD</curCd>
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        <invCountry>BM</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHARLES RIVER LABO 4% 03/15/31</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
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        <cusip>159864AJ6</cusip>
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          <isin value="US159864AJ65"/>
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        <curCd>USD</curCd>
        <valUSD>219133.16000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HNI CORP 5.125% 01/18/29</name>
        <lei>549300SKRADLC4O5HV93</lei>
        <title>HNI CORP REGD 144A P/P 5.12500000</title>
        <cusip>404251AA8</cusip>
        <identifiers>
          <isin value="US404251AA81"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>153165.67000000</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>SEAGATE DATA ST 5.75% 12/01/34</name>
        <lei>N/A</lei>
        <title>SEAGATE DATA STOR REGD 144A P/P 5.75000000</title>
        <cusip>81180LAS4</cusip>
        <identifiers>
          <isin value="US81180LAS43"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143332.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SERVICE CORP I 3.375% 08/15/30</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>SERVICE CORP INTL REGD 3.37500000</title>
        <cusip>817565CF9</cusip>
        <identifiers>
          <isin value="US817565CF96"/>
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        <balance>403000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>377178.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>RYAN SPECIALTY 5.875% 08/01/32</name>
        <lei>N/A</lei>
        <title>RYAN SPECIALTY REGD 144A P/P 5.87500000</title>
        <cusip>78351GAA3</cusip>
        <identifiers>
          <isin value="US78351GAA31"/>
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        <balance>595000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>605209.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>TELUS CORP V/R 10/15/55</name>
        <lei>894500WE70KKZRQMBU11</lei>
        <title>TELUS CORP REGD V/R SER ** 6.62500000</title>
        <cusip>87971MCL5</cusip>
        <identifiers>
          <isin value="US87971MCL54"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>363237.78000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>RYAN SPECIALTY 4.375% 02/01/30</name>
        <lei>N/A</lei>
        <title>RYAN SPECIALTY GROUP REGD 144A P/P 4.37500000</title>
        <cusip>78351MAA0</cusip>
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          <isin value="US78351MAA09"/>
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        <name>METHANEX US OPE 6.25% 03/15/32</name>
        <lei>N/A</lei>
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        <cusip>59151LAA4</cusip>
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        <name>ADVANCE AUTO PAR 3.9% 04/15/30</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>ADVANCE AUTO PARTS REGD SER WI 3.90000000</title>
        <cusip>00751YAE6</cusip>
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        <name>BRIGHTSTAR LOT/ 5.75% 01/15/33</name>
        <lei>N/A</lei>
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        <cusip>108922AA3</cusip>
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        <name>ANTERO MIDSTRE 5.375% 06/15/29</name>
        <lei>N/A</lei>
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        <name>HESS MIDSTREAM  4.25% 02/15/30</name>
        <lei>N/A</lei>
        <title>HESS MIDSTREAM OPERATION REGD 144A P/P 4.25000000</title>
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          <maturityDt>2030-02-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VENTURE GLOBAL  7.75% 05/01/35</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>VENTURE GLOBAL PLAQUE REGD 144A P/P 7.75000000</title>
        <cusip>922966AB2</cusip>
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          <isin value="US922966AB20"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>658202.82000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MEDLINE BORROWE 5.25% 10/01/29</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDLINE BORROWER LP REGD 144A P/P 5.25000000</title>
        <cusip>62482BAB8</cusip>
        <identifiers>
          <isin value="US62482BAB80"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1202841.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEEWARD RENEWAB 4.25% 07/01/29</name>
        <lei>N/A</lei>
        <title>LEEWARD RENEWABL REGD 144A P/P 4.25000000</title>
        <cusip>524590AA4</cusip>
        <identifiers>
          <isin value="US524590AA45"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179447.19000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BATH &amp; BODY WORK 7.5% 06/15/29</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>BATH &amp; BODY WORKS INC REGD 7.50000000</title>
        <cusip>501797AR5</cusip>
        <identifiers>
          <isin value="US501797AR52"/>
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        <balance>260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>265775.64000000</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>XPO INC 7.125% 02/01/32</name>
        <lei>54930096DB9LCLPN7H13</lei>
        <title>XPO INC REGD 144A P/P 7.12500000</title>
        <cusip>983793AK6</cusip>
        <identifiers>
          <isin value="US983793AK61"/>
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        <balance>270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284767.38000000</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>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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          <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>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>152852.83000000</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>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ZF NA CAPITAL 6.875% 04/14/28</name>
        <lei>N/A</lei>
        <title>ZF NA CAPITAL REGD 144A P/P 6.87500000</title>
        <cusip>98877DAD7</cusip>
        <identifiers>
          <isin value="US98877DAD75"/>
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        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325424.93000000</valUSD>
        <pctVal>0.079938682090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>POPULAR INC 7.25% 03/13/28</name>
        <lei>5493008CARDZMVQ3LO89</lei>
        <title>POPULAR INC REGD 7.25000000</title>
        <cusip>733174AL0</cusip>
        <identifiers>
          <isin value="US733174AL01"/>
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        <balance>186000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195362.31000000</valUSD>
        <pctVal>0.047989579629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>HILTON DOMESTI 5.875% 03/15/33</name>
        <lei>N/A</lei>
        <title>HILTON DOMESTIC OPERATIN REGD 144A P/P 5.87500000</title>
        <cusip>432833AR2</cusip>
        <identifiers>
          <isin value="US432833AR23"/>
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        <balance>510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>523576.20000000</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>2033-03-15</maturityDt>
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          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>FORTESCUE TREA 6.125% 04/15/32</name>
        <lei>N/A</lei>
        <title>FORTESCUE TREASURY PTY L REGD 144A P/P 6.12500000</title>
        <cusip>30251GBE6</cusip>
        <identifiers>
          <isin value="US30251GBE61"/>
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        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>390872.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>VIASAT INC 5.625% 04/15/27</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>VIASAT INC REGD 144A P/P 5.62500000</title>
        <cusip>92552VAL4</cusip>
        <identifiers>
          <isin value="US92552VAL45"/>
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        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>280323.68000000</valUSD>
        <pctVal>0.068859830554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GREYSTAR REAL E 7.75% 09/01/30</name>
        <lei>254900HGC806SXAS4M46</lei>
        <title>GREYSTAR REAL ESTATE PAR REGD 144A P/P 7.75000000</title>
        <cusip>39807UAD8</cusip>
        <identifiers>
          <isin value="US39807UAD81"/>
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        <balance>186000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196416.37000000</valUSD>
        <pctVal>0.048248503145</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUNOCO LP 5.875% 07/15/27</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP REGD 144A P/P 5.87500000</title>
        <cusip>86765KAH2</cusip>
        <identifiers>
          <isin value="US86765KAH23"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245331.60000000</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>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>DRESDNER FNDG  8.151% 06/30/31</name>
        <lei>N/A</lei>
        <title>DRESDNER FNDG TRUST I REGD P/P 8.15100000</title>
        <cusip>26156FAA1</cusip>
        <identifiers>
          <isin value="US26156FAA12"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>540526.11000000</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>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.15100000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LIVE NATION ENTE 6.5% 05/15/27</name>
        <lei>5493007B9BM9ZXJINO78</lei>
        <title>LIVE NATION ENTERTAINMEN REGD 144A P/P 6.50000000</title>
        <cusip>538034AV1</cusip>
        <identifiers>
          <isin value="US538034AV10"/>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>618147.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLEVELAND-CLIF 6.875% 11/01/29</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS INC REGD 144A P/P 6.87500000</title>
        <cusip>185899AQ4</cusip>
        <identifiers>
          <isin value="US185899AQ45"/>
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        <balance>435000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>452331.27000000</valUSD>
        <pctVal>0.111112463302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARBOR REALTY S 7.875% 07/15/30</name>
        <lei>N/A</lei>
        <title>ARBOR REALTY SR INC REGD 144A P/P 7.87500000</title>
        <cusip>03881NAJ6</cusip>
        <identifiers>
          <isin value="US03881NAJ63"/>
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        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220259.57000000</valUSD>
        <pctVal>0.054105442209</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>MATTAMY GROUP  4.625% 03/01/30</name>
        <lei>5493008TNY7A82WCXU31</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ABC SUPPLY CO  3.875% 11/15/29</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>WYNN RESORTS FI 6.25% 03/15/33</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US983133AD10"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GAP INC/THE 3.625% 10/01/29</name>
        <lei>T2ZG1WRWZ4BUCMQL9224</lei>
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          <isin value="US364760AP35"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>M/I HOMES INC 3.95% 02/15/30</name>
        <lei>5299005M71FH9CCSFB69</lei>
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        <cusip>55305BAV3</cusip>
        <identifiers>
          <isin value="US55305BAV36"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROLLER BEARING 4.375% 10/15/29</name>
        <lei>N/A</lei>
        <title>ROLLER BEARING CO OF AME REGD 144A P/P 4.37500000</title>
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        <identifiers>
          <isin value="US775631AD66"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BOISE CASCADE  4.875% 07/01/30</name>
        <lei>549300Z8B8LSRHC7XA55</lei>
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        <cusip>09739DAD2</cusip>
        <identifiers>
          <isin value="US09739DAD21"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>189553.82000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HILTON WORLDWI 4.875% 04/01/27</name>
        <lei>N/A</lei>
        <title>HILTON WORLDWIDE FIN LLC REGD SER WI 4.87500000</title>
        <cusip>432891AK5</cusip>
        <identifiers>
          <isin value="US432891AK52"/>
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        <valUSD>305252.24000000</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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        <name>CLYDESDALE ACQU 6.75% 04/15/32</name>
        <lei>254900QKSDYFR3K5YD98</lei>
        <title>CLYDESDALE ACQUISITION REGD 144A P/P 6.75000000</title>
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        <identifiers>
          <isin value="US18972EAD76"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FLUOR CORP 4.25% 09/15/28</name>
        <lei>CQ7WZ4NOFWT7FAE6Q943</lei>
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        <cusip>343412AF9</cusip>
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          <isin value="US343412AF90"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRON MOUNTAIN I 5.25% 07/15/30</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REGD 144A P/P 5.25000000</title>
        <cusip>46284VAJ0</cusip>
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          <isin value="US46284VAJ08"/>
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        <fairValLevel>2</fairValLevel>
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        <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>
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          <isin value="US428104AA14"/>
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        <name>SIRIUS XM RADI 4.125% 07/01/30</name>
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        <name>ITHACA ENERGY  8.125% 10/15/29</name>
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        <name>GFL ENVIRONMENT 4.75% 06/15/29</name>
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          <isin value="US36168QAN43"/>
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        <name>1011778 BC / N 5.625% 09/15/29</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CLEAN HARBORS I 5.75% 10/15/33</name>
        <lei>5493000SJVZVZJKHJF48</lei>
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          <isin value="US184496AR85"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TGS ASA 8.5% 01/15/30</name>
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          <isin value="US87243KAA79"/>
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        <valUSD>279738.04000000</valUSD>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMERCIAL METALS  6% 12/15/35</name>
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        <cusip>201723AV5</cusip>
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          <isin value="US201723AV52"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NISSAN MOTOR C 8.125% 07/17/35</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KONTOOR BRANDS 4.125% 11/15/29</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WILLIAM CARTER 7.375% 02/15/31</name>
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        <cusip>96926JAG2</cusip>
        <identifiers>
          <isin value="US96926JAG22"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NOVELIS CORP 3.875% 08/15/31</name>
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          <isin value="US670001AH91"/>
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        <curCd>USD</curCd>
        <valUSD>348008.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STARWOOD PROPERTY  6% 04/15/30</name>
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          <isin value="US85571BBC81"/>
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        <curCd>USD</curCd>
        <valUSD>196448.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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    <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>
