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      <invstOrSec>
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      <invstOrSec>
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          <isin value="US69318FAM05"/>
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          <isin value="US87470LAJ08"/>
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          <isin value="US428102AG28"/>
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          <isin value="US24665FAD42"/>
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          <isin value="US49461MAA80"/>
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          <isin value="US12657NAB64"/>
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          <isin value="US78412FAX24"/>
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        <curCd>USD</curCd>
        <valUSD>40361.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US893830AT68"/>
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        <curCd>USD</curCd>
        <valUSD>35971.02000000</valUSD>
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        <invCountry>BM</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <cusip>62957HAQ8</cusip>
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        <name>SUNOCO LP 6.25% 07/01/33</name>
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        <title>SUNOCO LP REGD 144A P/P 6.25000000</title>
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        <name>ALTAGAS LTD V/R 10/15/54</name>
        <lei>2549008X5V70MOS4HM10</lei>
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        <valUSD>62433.66000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLAR LNG LTD 7.5% 10/02/30</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NGL ENRGY OP/F 8.375% 02/15/32</name>
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        <name>ARCHROCK PARTN 6.625% 09/01/32</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SM ENERGY CO 7% 08/01/32</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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          <isin value="US78454LAY65"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ENQUEST PLC 11.625% 11/01/27</name>
        <lei>2138008LJU6WFQWOXJ73</lei>
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          <isin value="US29357JAC09"/>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL 3.875% 08/15/29</name>
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          <isin value="US92328MAA18"/>
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        <name>VENTURE GLOBAL LNG 7% 01/15/30</name>
        <lei>54930011XLBUWMQUC829</lei>
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          <isin value="US92332YAE14"/>
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        <name>CRESCENT ENERGY 9.25% 02/15/28</name>
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        <name>NGL ENRGY OP/F 8.125% 02/15/29</name>
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        <name>MAGNOLIA OIL G 6.875% 12/01/32</name>
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        <name>TALOS PRODUCTION I 9% 02/01/29</name>
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        <name>BUCKEYE PARTNE 4.125% 12/01/27</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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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>TALLGRASS NRG P 6.75% 03/15/34</name>
        <lei>N/A</lei>
        <title>TALLGRASS NRG PRTNR/FIN REGD 144A P/P 6.75000000</title>
        <cusip>87470LAM3</cusip>
        <identifiers>
          <isin value="US87470LAM37"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50916.05000000</valUSD>
        <pctVal>0.469010221930</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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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>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>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35875.00000000</valUSD>
        <pctVal>0.330460468000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>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"/>
        </identifiers>
        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>65428.94000000</valUSD>
        <pctVal>0.602694860855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEATHERFORD INT 6.75% 10/15/33</name>
        <lei>N/A</lei>
        <title>WEATHERFORD INTERNATIONA REGD 144A P/P 6.75000000</title>
        <cusip>947075AW7</cusip>
        <identifiers>
          <isin value="US947075AW79"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82895.92000000</valUSD>
        <pctVal>0.763590927346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PERMIAN RESOURC 6.25% 02/01/33</name>
        <lei>N/A</lei>
        <title>PERMIAN RESOURC OPTG LLC REGD 144A P/P 6.25000000</title>
        <cusip>71424VAB6</cusip>
        <identifiers>
          <isin value="US71424VAB62"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72152.57000000</valUSD>
        <pctVal>0.664629186053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NABORS INDUSTR 9.125% 01/31/30</name>
        <lei>N/A</lei>
        <title>NABORS INDUSTRIES INC REGD 144A P/P 9.12500000</title>
        <cusip>62957HAP0</cusip>
        <identifiers>
          <isin value="US62957HAP01"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42271.40000000</valUSD>
        <pctVal>0.389380533158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ITT HOLDINGS LLC 6.5% 08/01/29</name>
        <lei>N/A</lei>
        <title>ITT HOLDINGS LLC REGD 144A P/P 6.50000000</title>
        <cusip>45074JAA2</cusip>
        <identifiers>
          <isin value="US45074JAA25"/>
        </identifiers>
        <balance>81000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78146.87000000</valUSD>
        <pctVal>0.719845330536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BORR IHC LTD  10.375% 11/15/30</name>
        <lei>N/A</lei>
        <title>BORR IHC LTD / BORR FIN REGD 144A P/P 10.37500000</title>
        <cusip>100018AB6</cusip>
        <identifiers>
          <isin value="US100018AB62"/>
        </identifiers>
        <balance>54174.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55454.80000000</valUSD>
        <pctVal>0.510818652568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENERGY TRANSFER L V/R 02/15/56</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP REGD V/R SER . 6.75000000</title>
        <cusip>29273VBH2</cusip>
        <identifiers>
          <isin value="US29273VBH24"/>
        </identifiers>
        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55418.17000000</valUSD>
        <pctVal>0.510481237461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GENESIS ENERGY  8.25% 01/15/29</name>
        <lei>N/A</lei>
        <title>GENESIS ENERGY LP/FIN REGD 8.25000000</title>
        <cusip>37185LAP7</cusip>
        <identifiers>
          <isin value="US37185LAP76"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41720.24000000</valUSD>
        <pctVal>0.384303554996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HILCORP ENERGY  6.25% 04/15/32</name>
        <lei>N/A</lei>
        <title>HILCORP ENERGY I/HILCORP REGD 144A P/P 6.25000000</title>
        <cusip>431318AZ7</cusip>
        <identifiers>
          <isin value="US431318AZ78"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33591.19000000</valUSD>
        <pctVal>0.309423285522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HILCORP ENERGY I/H 6% 04/15/30</name>
        <lei>N/A</lei>
        <title>HILCORP ENERGY I/HILCORP REGD 144A P/P 6.00000000</title>
        <cusip>431318AY0</cusip>
        <identifiers>
          <isin value="US431318AY04"/>
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        <balance>31000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30527.33000000</valUSD>
        <pctVal>0.281200718010</pctVal>
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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>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>WBI OPERATING LL 6.5% 10/15/33</name>
        <lei>N/A</lei>
        <title>WBI OPERATING LLC REGD 144A P/P 6.50000000</title>
        <cusip>92944BAB7</cusip>
        <identifiers>
          <isin value="US92944BAB71"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40406.40000000</valUSD>
        <pctVal>0.372201194542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>SUNOCO LP 5.875% 03/15/34</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP REGD 144A P/P 5.87500000</title>
        <cusip>86765KAG4</cusip>
        <identifiers>
          <isin value="US86765KAG40"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>60187.98000000</valUSD>
        <pctVal>0.554418063799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>PERMIAN RESOURC OP 7% 01/15/32</name>
        <lei>N/A</lei>
        <title>PERMIAN RESOURC OPTG LLC REGD 144A P/P 7.00000000</title>
        <cusip>71424VAA8</cusip>
        <identifiers>
          <isin value="US71424VAA89"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68178.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA RESOURC 7% 01/15/34</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>CALIFORNIA RESOURCES CRP REGD 144A P/P 7.00000000</title>
        <cusip>13057QAL1</cusip>
        <identifiers>
          <isin value="US13057QAL14"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25234.88000000</valUSD>
        <pctVal>0.232449623825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>VENTURE GLOBAL L 9.5% 02/01/29</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>VENTURE GLOBAL LNG INC REGD 144A P/P 9.50000000</title>
        <cusip>92332YAC5</cusip>
        <identifiers>
          <isin value="US92332YAC57"/>
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        <balance>205000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>218426.48000000</valUSD>
        <pctVal>2.012022768071</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CVR ENERGY INC 5.75% 02/15/28</name>
        <lei>N/A</lei>
        <title>CVR ENERGY INC REGD 144A P/P 5.75000000</title>
        <cusip>12662PAD0</cusip>
        <identifiers>
          <isin value="US12662PAD06"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24996.88000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>HELIX ENERGY SO 9.75% 03/01/29</name>
        <lei>416AP2JOUTCWEGSOZW41</lei>
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        <cusip>42330PAL1</cusip>
        <identifiers>
          <isin value="US42330PAL13"/>
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        <curCd>USD</curCd>
        <valUSD>21069.68000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>HOWARD MIDSTRE 7.375% 07/15/32</name>
        <lei>N/A</lei>
        <title>HOWARD MIDSTREAM ENERGY REGD 144A P/P 7.37500000</title>
        <cusip>442722AC8</cusip>
        <identifiers>
          <isin value="US442722AC80"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42275.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SUNOCO LP 6.625% 08/15/32</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP REGD 144A P/P 6.62500000</title>
        <cusip>86765KAL3</cusip>
        <identifiers>
          <isin value="US86765KAL35"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36116.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ANTERO MIDSTREA 5.75% 07/01/34</name>
        <lei>N/A</lei>
        <title>ANTERO MIDSTREAM PART/FI REGD 144A P/P 5.75000000</title>
        <cusip>03690AAN6</cusip>
        <identifiers>
          <isin value="US03690AAN63"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40425.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WBI OPERATING L 6.25% 10/15/30</name>
        <lei>N/A</lei>
        <title>WBI OPERATING LLC REGD 144A P/P 6.25000000</title>
        <cusip>92944BAA9</cusip>
        <identifiers>
          <isin value="US92944BAA98"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55445.23000000</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>2030-10-15</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>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HESS MIDSTREAM 5.875% 03/01/28</name>
        <lei>N/A</lei>
        <title>HESS MIDSTREAM OPERATION REGD 144A P/P 5.87500000</title>
        <cusip>428102AH0</cusip>
        <identifiers>
          <isin value="US428102AH01"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56070.19000000</valUSD>
        <pctVal>0.516487281624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>VIVO ENERGY IN 5.125% 09/24/27</name>
        <lei>N/A</lei>
        <title>VIVO ENERGY INVESTMENTS REGD P/P 5.12500000</title>
        <cusip>92856HAB0</cusip>
        <identifiers>
          <isin value="US92856HAB06"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24967.41000000</valUSD>
        <pctVal>0.229985839536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BUCKEYE PARTNERS 5.6% 10/15/44</name>
        <lei>N/A</lei>
        <title>BUCKEYE PARTNERS LP REGD SER 30YR 5.60000000</title>
        <cusip>118230AP6</cusip>
        <identifiers>
          <isin value="US118230AP60"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18121.74000000</valUSD>
        <pctVal>0.166927350003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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      <invstOrSec>
        <name>SEADRILL FINAN 8.375% 08/01/30</name>
        <lei>N/A</lei>
        <title>SEADRILL FINANCE LTD REGD 144A P/P 8.37500000</title>
        <cusip>81172QAA2</cusip>
        <identifiers>
          <isin value="US81172QAA22"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41936.28000000</valUSD>
        <pctVal>0.386293594843</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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      <invstOrSec>
        <name>CATURUS ENERGY L 8.5% 02/15/30</name>
        <lei>254900LM244SIFQ1QY31</lei>
        <title>CATURUS ENERGY LLC REGD 144A P/P 8.50000000</title>
        <cusip>49446BAA2</cusip>
        <identifiers>
          <isin value="US49446BAA26"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36516.03000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>HARVEST MIDSTREA 7.5% 05/15/32</name>
        <lei>549300DW5M17KJOXCY66</lei>
        <title>HARVEST MIDSTREAM I LP REGD 144A P/P 7.50000000</title>
        <cusip>417558AB9</cusip>
        <identifiers>
          <isin value="US417558AB90"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31358.37000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.50000000</annualizedRt>
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        <name>NABORS INDUSTR 7.625% 11/15/32</name>
        <lei>N/A</lei>
        <title>NABORS INDUSTRIES INC REGD 144A P/P 7.62500000</title>
        <cusip>62957HAR6</cusip>
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          <isin value="US62957HAR66"/>
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        <balance>50000.00000000</balance>
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        <valUSD>50964.95000000</valUSD>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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        <name>VENTURE GLOBAL 6.125% 12/15/30</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>VENTURE GLOBAL PLAQUE REGD 144A P/P 6.12500000</title>
        <cusip>922966AE6</cusip>
        <identifiers>
          <isin value="US922966AE68"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>118423.78000000</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>6.12500000</annualizedRt>
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        <name>CNX RESOURCES  7.375% 01/15/31</name>
        <lei>549300JK3KH8PWM3B226</lei>
        <title>CNX RESOURCES CORP REGD 144A P/P 7.37500000</title>
        <cusip>12653CAK4</cusip>
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          <isin value="US12653CAK45"/>
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        <valUSD>36365.95000000</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>7.37500000</annualizedRt>
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        <name>TRANSOCEAN INT 7.875% 10/15/32</name>
        <lei>N/A</lei>
        <title>TRANSOCEAN INTERNTNL LTD REGD 144A P/P 7.87500000</title>
        <cusip>893814AA1</cusip>
        <identifiers>
          <isin value="US893814AA10"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36935.71000000</valUSD>
        <pctVal>0.340231136238</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SUNOCO LP 7% 05/01/29</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP REGD 144A P/P 7.00000000</title>
        <cusip>86765KAB5</cusip>
        <identifiers>
          <isin value="US86765KAB52"/>
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        <balance>50000.00000000</balance>
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          <isin value="US86614JAA34"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57493.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNOCO LP/FINA 5.875% 03/15/28</name>
        <lei>N/A</lei>
        <title>SUNOCO LP/FINANCE CORP REGD SER WI 5.87500000</title>
        <cusip>86765LAN7</cusip>
        <identifiers>
          <isin value="US86765LAN73"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25068.30000000</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>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGY TRANSFER L V/R 10/01/54</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP REGD V/R 7.12500000</title>
        <cusip>29273VBC3</cusip>
        <identifiers>
          <isin value="US29273VBC37"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25898.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>KINETIK HOLDIN 6.625% 12/15/28</name>
        <lei>N/A</lei>
        <title>KINETIK HOLDINGS LP REGD 144A P/P 6.62500000</title>
        <cusip>49461MAB6</cusip>
        <identifiers>
          <isin value="US49461MAB63"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77270.48000000</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>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KODIAK GAS SERV 7.25% 02/15/29</name>
        <lei>N/A</lei>
        <title>KODIAK GAS SERVICES LLC REGD 144A P/P 7.25000000</title>
        <cusip>50012LAC8</cusip>
        <identifiers>
          <isin value="US50012LAC81"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51891.00000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNOCO LP/FINANC 4.5% 05/15/29</name>
        <lei>N/A</lei>
        <title>SUNOCO LP/FINANCE CORP REGD SER WI 4.50000000</title>
        <cusip>86765LAT4</cusip>
        <identifiers>
          <isin value="US86765LAT44"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54165.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SATURN OIL &amp; G 9.625% 06/15/29</name>
        <lei>549300G6BWJ7K6PIIY73</lei>
        <title>SATURN OIL &amp; GAS INC REGD 144A P/P 9.62500000</title>
        <cusip>80412LAA5</cusip>
        <identifiers>
          <isin value="US80412LAA52"/>
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        <balance>34000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34808.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NUSTAR LOGISTI 6.375% 10/01/30</name>
        <lei>N/A</lei>
        <title>NUSTAR LOGISTICS LP REGD 6.37500000</title>
        <cusip>67059TAH8</cusip>
        <identifiers>
          <isin value="US67059TAH86"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41933.60000000</valUSD>
        <pctVal>0.386268908179</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>CIVITAS RESOURC 8.75% 07/01/31</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>CIVITAS RESOURCES INC REGD 144A P/P 8.75000000</title>
        <cusip>17888HAB9</cusip>
        <identifiers>
          <isin value="US17888HAB96"/>
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        <balance>90000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94644.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>VIRIDIEN 10% 10/15/30</name>
        <lei>969500FCVQ5SLAAUJV59</lei>
        <title>VIRIDIEN REGD 144A P/P 10.00000000</title>
        <cusip>12531QAA3</cusip>
        <identifiers>
          <isin value="US12531QAA31"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32312.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>BUCKEYE PARTNERS 4.5% 03/01/28</name>
        <lei>N/A</lei>
        <title>BUCKEYE PARTNERS LP REGD 144A P/P 4.50000000</title>
        <cusip>118230AU5</cusip>
        <identifiers>
          <isin value="US118230AU55"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34931.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>TGNR INTERMEDIAT 5.5% 10/15/29</name>
        <lei>5493007AZNVKZ5HEMT23</lei>
        <title>TGNR INTERMEDIATE HOLDIN REGD 144A P/P 5.50000000</title>
        <cusip>77289KAA3</cusip>
        <identifiers>
          <isin value="US77289KAA34"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44551.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>DELEK LOG PART 7.375% 06/30/33</name>
        <lei>N/A</lei>
        <title>DELEK LOG PART/FINANCE REGD 144A P/P 7.37500000</title>
        <cusip>24665FAE2</cusip>
        <identifiers>
          <isin value="US24665FAE25"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46302.44000000</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>2033-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>MATADOR RESOURC 6.25% 04/15/33</name>
        <lei>549300CI3Q2UUK5R4G79</lei>
        <title>MATADOR RESOURCES CO REGD 144A P/P 6.25000000</title>
        <cusip>576485AH9</cusip>
        <identifiers>
          <isin value="US576485AH95"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50417.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>CRESCENT ENERGY 9.75% 10/15/30</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>CRESCENT ENERGY FINANCE REGD 144A P/P 9.75000000</title>
        <cusip>45344LAJ2</cusip>
        <identifiers>
          <isin value="US45344LAJ26"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21284.75000000</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>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>SUNOCO LP/FINANCE  6% 04/15/27</name>
        <lei>N/A</lei>
        <title>SUNOCO LP/FINANCE CORP REGD SER WI 6.00000000</title>
        <cusip>86765LAQ0</cusip>
        <identifiers>
          <isin value="US86765LAQ05"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40063.08000000</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>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>NUSTAR LOGISTI 5.625% 04/28/27</name>
        <lei>N/A</lei>
        <title>NUSTAR LOGISTICS LP REGD 5.62500000</title>
        <cusip>67059TAE5</cusip>
        <identifiers>
          <isin value="US67059TAE55"/>
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        <balance>38000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38475.08000000</valUSD>
        <pctVal>0.354410953119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>TRANSOCEAN INTER 7.5% 04/15/31</name>
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        <name>GENESIS ENERGY 7.875% 05/15/32</name>
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        <name>NORTHERN OIL &amp;  8.75% 06/15/31</name>
        <lei>OKFF0PIZDDMNH4UCYE51</lei>
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        <name>HILCORP ENERGY  5.75% 02/01/29</name>
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        <name>RANGE RESOURCES 4.75% 02/15/30</name>
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        <name>VENTURE GLOBAL P 7.5% 05/01/33</name>
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        <cusip>922966AA4</cusip>
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      <invstOrSec>
        <name>NORTHERN OIL &amp; 7.875% 10/15/33</name>
        <lei>OKFF0PIZDDMNH4UCYE51</lei>
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        <valUSD>45462.56000000</valUSD>
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      <invstOrSec>
        <name>SM ENERGY CO 6.625% 01/15/27</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <cusip>78454LAP5</cusip>
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        <name>AETHON UN/AETHIN 7.5% 10/01/29</name>
        <lei>N/A</lei>
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        <cusip>00810GAD6</cusip>
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        <name>HARVEST MIDSTREA 7.5% 09/01/28</name>
        <lei>549300DW5M17KJOXCY66</lei>
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        <cusip>417558AA1</cusip>
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        <lei>54930061FUL6DBLFUW14</lei>
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        <name>NOBLE FINANCE II L 8% 04/15/30</name>
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        <name>CITGO PETROLEU 8.375% 01/15/29</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
        <name>DELEK LOG PART 7.125% 06/01/28</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>SUNOCO LP/FINANCE  7% 09/15/28</name>
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        <name>KODIAK GAS SERV 6.75% 10/01/35</name>
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          <isin value="US96812HAA68"/>
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        <name>CNX RESOURCES CORP 6% 01/15/29</name>
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        <name>CNX MIDSTREAM P 4.75% 04/15/30</name>
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        <valUSD>75546.87000000</valUSD>
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        <name>KODIAK GAS SERVI 6.5% 10/01/33</name>
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        <name>BLUE RACER MID LLC 7% 07/15/29</name>
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        <name>VENTURE GLOBAL 8.375% 06/01/31</name>
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        <name>BORR IHC LTD / BO 10% 11/15/28</name>
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        <name>CHORD ENERGY CORP 6% 10/01/30</name>
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        <name>SUNOCO LP/FINANC 4.5% 04/30/30</name>
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        <name>BRISTOW GROUP  6.875% 03/01/28</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
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          <isin value="US03690AAK25"/>
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          <isin value="US118230AW12"/>
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      <invstOrSec>
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      <invstOrSec>
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        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <name>HILCORP ENERGY I/H 6% 02/01/31</name>
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          <isin value="US431318AV64"/>
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      <invstOrSec>
        <name>SM ENERGY CO 6.75% 08/01/29</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <lei>8945003E8R4T2TZ7G795</lei>
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        <name>HILCORP ENERGY  7.25% 02/15/35</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
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        <name>HILCORP ENERGY  6.25% 11/01/28</name>
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          <isin value="US879068AB03"/>
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        <name>SOUTH BOW CAN INF V/R 03/01/55</name>
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        <cusip>836720AG7</cusip>
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        <name>W &amp; T OFFSHORE 10.75% 02/01/29</name>
        <lei>549300Q7EOY2YIO3YK85</lei>
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        <cusip>92922PAN6</cusip>
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        <name>GENESIS ENERGY LP/ 8% 05/15/33</name>
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        <name>ROCKIES EXPRESS  4.8% 05/15/30</name>
        <lei>N/A</lei>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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          <isin value="US86765KAH23"/>
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        <valUSD>35047.37000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>HESS MIDSTREAM 5.125% 06/15/28</name>
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        <identifiers>
          <isin value="US428104AA14"/>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US46567TAC80"/>
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        <valUSD>52240.40000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>TRANSMONTAIGNE P 8.5% 06/15/30</name>
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        <identifiers>
          <isin value="US89377AAA34"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36333.62000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>TGS ASA 8.5% 01/15/30</name>
        <lei>549300NUPLAXPB0WYH90</lei>
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        <identifiers>
          <isin value="US87243KAA79"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36946.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <isCashCollateral>N</isCashCollateral>
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    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="ISO country code not reported for forwards, swaps or supranationals." noteItem="C.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-03-02</ncom:dateSigned>
      <ncom:nameOfApplicant>BondBloxx ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Tony Kelly</ncom:signature>
      <ncom:signerName>Tony Kelly</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
