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      <invstOrSec>
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          <ticker value="58EJ0DU0"/>
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        <name>EUR FORWARD AKSIAPUB CONTRACT 7/14/23   /</name>
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          <ticker value="714EU1"/>
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        <name>Sand Trust</name>
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          <ticker value="COEX0RU0"/>
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        <name>DTH 215 VENTURE LLC -DD-06/08/2023   /</name>
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          <ticker value="DTEJ0DF0"/>
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        <name>LIFE SCIENCE INTERME -DD-06/09/2023   /</name>
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        <name>LJ AVALON HOLDINGS -DD-06/09/2023   /</name>
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        <name>LJ AVALON HOLDINGS -RE-06/09/2023   /</name>
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        <name>SERRANO PARENT, LLC -TL-6/23/2023   /</name>
        <lei>N/A</lei>
        <title>SERRANO PARENT, LLC -TL-6/23/2023   /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="SEEY0TF0"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>987500</valUSD>
        <pctVal>3.4931275836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>11.59</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEI HOLDINGS I CORPO -DD-6/28/2023   /</name>
        <lei>N/A</lei>
        <title>SEI HOLDINGS I CORPO -DD-6/28/2023   /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="SEF30DF0"/>
        </identifiers>
        <balance>19592.85</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18907.10</valUSD>
        <pctVal>0.0668809241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>11.991870</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEI HOLDINGS I CORPO -DD-6/28/2023   /</name>
        <lei>N/A</lei>
        <title>SEI HOLDINGS I CORPO -DD-6/28/2023   /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="SEF30DU0"/>
        </identifiers>
        <balance>105681.15</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101982.31</valUSD>
        <pctVal>0.3607465520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEI HOLDINGS I CORPO -TL-6/28/2023   /</name>
        <lei>N/A</lei>
        <title>SEI HOLDINGS I CORPO -TL-6/28/2023   /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="SEF30TF0"/>
        </identifiers>
        <balance>874726</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>844110.59</valUSD>
        <pctVal>2.9859098588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>11.991870</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TANK HOLDING CORP. -TL-6/28/2023   /</name>
        <lei>N/A</lei>
        <title>TANK HOLDING CORP. -TL-6/28/2023   /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="TAF30TF0"/>
        </identifiers>
        <balance>750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>738750</valUSD>
        <pctVal>2.6132131670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.991870</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TS OPCO HOLDING, LLC -TL-6/28/2023   /</name>
        <lei>N/A</lei>
        <title>TS OPCO HOLDING, LLC -TL-6/28/2023   /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="TSF30TF0"/>
        </identifiers>
        <balance>750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>731250</valUSD>
        <pctVal>2.5866830841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.790520</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VITAL BUYER, LLC -TL-6/28/2023   /</name>
        <lei>N/A</lei>
        <title>VITAL BUYER, LLC -TL-6/28/2023   /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="VIF30TF0"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>970000</valUSD>
        <pctVal>3.4312240569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.763740</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="The fund is reporting returns without deducting sales loads and redemption fees, if applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2023-07-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Calamos Aksia Alternative Credit &amp; Income Fund</ncom:nameOfApplicant>
      <ncom:signature>/S/ Stephen Atkins</ncom:signature>
      <ncom:signerName>Stephen Atkins</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
