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        <cusip>75574U838</cusip>
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          <isin value="US75574U8383"/>
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        <name>Standard Chartered 9</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS2554144613"/>
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        <balance>870000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Ares LXV CLO LTD.</name>
        <lei>N/A</lei>
        <title>CLO Subordinated Note</title>
        <cusip>04019GAC9</cusip>
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          <isin value="US04019GAC96"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>
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      <invstOrSec>
        <name>Carlyle Credit Income Fund</name>
        <lei>N/A</lei>
        <title>Convertible Preferred Shares</title>
        <cusip>N/A</cusip>
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          <ticker value="CIFCNVP3"/>
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        <balance>1540.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Bsd Capital Inc</name>
        <lei>N/A</lei>
        <title>Senior Unsecured Note</title>
        <cusip>05603CAA1</cusip>
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          <isin value="US05603CAA18"/>
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        <balance>1341000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1201536.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2027-10-31</maturityDt>
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      <invstOrSec>
        <name>Octagon Investment Partners 49, Ltd.</name>
        <lei>N/A</lei>
        <title>CLO Subordinated Note</title>
        <cusip>67578DAC6</cusip>
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          <isin value="US67578DAC65"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>475241.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Generate CLO 3 Ltd.</name>
        <lei>549300TKWX739FHPEQ97</lei>
        <title>CLO Subordinated Note</title>
        <cusip>98625VAC4</cusip>
        <identifiers>
          <isin value="US98625VAC46"/>
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        <balance>1824000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US Bank NA 2025-SUP1</name>
        <lei>N/A</lei>
        <title>Credit Linked Note - Class R</title>
        <cusip>90357PBJ2</cusip>
        <identifiers>
          <isin value="US90357PBJ21"/>
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        <balance>2860000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2860000.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <maturityDt>2032-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ASPF Oceanus Co-Invest (Cayman), L.P.</name>
        <lei>N/A</lei>
        <title>Partnership Interest</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ASPF2ND"/>
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        <balance>158684.20800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>153582.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>PF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CIFC Funding 2017-V Ltd</name>
        <lei>635400BTAKRBKGRV3X14</lei>
        <title>CLO Subordinated Note</title>
        <cusip>12551NAC1</cusip>
        <identifiers>
          <isin value="US12551NAC11"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Manitoulin USD Ltd.</name>
        <lei>N/A</lei>
        <title>Note - Class E</title>
        <cusip>BCC3CBL29</cusip>
        <identifiers>
          <isin value="XS2695400106"/>
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        <balance>2235046.03000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2126267.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOFT 2022-1</name>
        <lei>N/A</lei>
        <title>Note - Class C</title>
        <cusip>25155KAY1</cusip>
        <identifiers>
          <isin value="XS2525742982"/>
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        <balance>2119694.09000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2379873.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>23.44920000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Eaton Vance CLO 2023-19, Ltd.</name>
        <lei>N/A</lei>
        <title>CLO Subordinated Note</title>
        <cusip>617926AC4</cusip>
        <identifiers>
          <isin value="US617926AC40"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Contracts: EUR 04/30/2025</title>
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          <other otherDesc="INTERNAL ID" value="043025EUR00006404"/>
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        <currencyConditional curCd="EUR" exchangeRt="1.00000000"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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              <counterpartyName>BAR
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Contracts: EUR 04/30/2025</title>
        <cusip>N/A</cusip>
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          <other otherDesc="INTERNAL ID" value="043025EUR00005897"/>
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        <currencyConditional curCd="EUR" exchangeRt="1.00000000"/>
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        <invCountry>N/A</invCountry>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BAR
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      <invstOrSec>
        <name>KKR CLO 37 Ltd.</name>
        <lei>N/A</lei>
        <title>CLO Subordinated Note</title>
        <cusip>48254RAC6</cusip>
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          <isin value="US48254RAC60"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aurium CLO XIII Designated Activity Company</name>
        <lei>635400NUJFLZMWBUGF89</lei>
        <title>CLO Subordinated Note</title>
        <cusip>BCC3KFD20</cusip>
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          <isin value="XS2982106739"/>
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        <balance>905000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481000"/>
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        <assetCat>ABS-O</assetCat>
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      <invstOrSec>
        <name>Opal SPV LLC</name>
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        <cusip>N/A</cusip>
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        <balance>603.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Steamboat XLVIII Ltd.</name>
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        <cusip>N/A</cusip>
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          <ticker value="STEAMB"/>
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        <balance>2303500.00000000</balance>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Contracts: EUR 04/30/2025</title>
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          <other otherDesc="INTERNAL ID" value="043025EUR00005900"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
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            <counterparties>
              <counterpartyName>BAR
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      <invstOrSec>
        <name>Glendower Capital Secondaries CFO, LLC</name>
        <lei>N/A</lei>
        <title>Subordinated Loan, Delayed Draw</title>
        <cusip>378654AG2</cusip>
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          <other otherDesc="INTERNAL ID" value="4AG2-280"/>
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        <balance>415895.99950000</balance>
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        <curCd>USD</curCd>
        <valUSD>530067.41000000</valUSD>
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        <assetCat>LON</assetCat>
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      <invstOrSec>
        <name>Oportun Funding Llc</name>
        <lei>N/A</lei>
        <title>Note - Class E</title>
        <cusip>68377TAE8</cusip>
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          <isin value="US68377TAE82"/>
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      <invstOrSec>
        <name>FinAccel Pte Ltd</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="FINACCCL"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>FCT Noria 2023</name>
        <lei>5493000E6Y1UIT6SE727</lei>
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        <cusip>BCC39ZZ66</cusip>
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          <isin value="FR001400I3F8"/>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2040-10-24</maturityDt>
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          <annualizedRt>14.87400000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BNP Paribas</name>
        <lei>N/A</lei>
        <title>Credit Linked Note</title>
        <cusip>BCC3F4637</cusip>
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          <isin value="FR001400OP09"/>
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        <balance>1264009.89000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1264036.37000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>
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      <invstOrSec>
        <name>Banco Santander S.A.</name>
        <lei>N/A</lei>
        <title>Ducati 2024-1 Credit Linked Notes</title>
        <cusip>XS2779782</cusip>
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          <isin value="XS2779782965"/>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2030-06-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Standard Chartered 9</name>
        <lei>N/A</lei>
        <title>Note - Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2554135207"/>
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        <balance>1380000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-28</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Setanta Finance DAC</name>
        <lei>N/A</lei>
        <title>Note - Class B</title>
        <cusip>XS2936127</cusip>
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          <isin value="XS2936127146"/>
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        <balance>2500000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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        <debtSec>
          <maturityDt>2033-01-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.74800000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Carlyle US CLO 2021-10 Ltd.</name>
        <lei>N/A</lei>
        <title>CLO Subordinated Note</title>
        <cusip>14318EAC1</cusip>
        <identifiers>
          <isin value="US14318EAC12"/>
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        <balance>4958815.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FCT Junon 2023</name>
        <lei>N/A</lei>
        <title>Class AR Note</title>
        <cusip>BCC3LCBC6</cusip>
        <identifiers>
          <isin value="FR001400Y1W7"/>
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        <balance>2500000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.01700000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Delta Financial Holdings LLC</name>
        <lei>N/A</lei>
        <title>Preferred Units</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="DELTA_PF"/>
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        <balance>50.58100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50592.63000000</valUSD>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Carvana Auto Receivables Trust 2025-N1</name>
        <lei>N/A</lei>
        <title>Class EX5 Note</title>
        <cusip>14688XAN7</cusip>
        <identifiers>
          <isin value="US14688XAN75"/>
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        <balance>3571.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1229507.39000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2032-08-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clover CLO 2019-1 Ltd.</name>
        <lei>N/A</lei>
        <title>CLO Subordinated Note</title>
        <cusip>00871QAC2</cusip>
        <identifiers>
          <isin value="US00871QAC24"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Contracts: EUR 04/30/2025</title>
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          <other otherDesc="INTERNAL ID" value="043025EUR00005424"/>
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        <invCountry>N/A</invCountry>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BAR
</counterpartyName>
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      <invstOrSec>
        <name>BNP Paribas</name>
        <lei>N/A</lei>
        <title>Mezzanine Notes</title>
        <cusip>BCC3HKVT4</cusip>
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          <isin value="FR001400SCB5"/>
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      <invstOrSec>
        <name>FinAccel Pte Ltd</name>
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        <title>Warrants</title>
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          <ticker value="INAPIKWR"/>
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      <invstOrSec>
        <name>Henley CLO XI DAC</name>
        <lei>6354004ZEQIYPXESRG76</lei>
        <title>Subordinated Note</title>
        <cusip>BCC3KSQW2</cusip>
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          <isin value="XS2893033329"/>
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        <balance>430000.00000000</balance>
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      <invstOrSec>
        <name>Glendower Capital Secondaries CFO, LLC</name>
        <lei>N/A</lei>
        <title>Class B Loan, Delayed Draw</title>
        <cusip>378654AC1</cusip>
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          <other otherDesc="INTERNAL ID" value="4AC1-280"/>
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        <balance>398428.99860000</balance>
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        <curCd>USD</curCd>
        <valUSD>409941.73000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2038-07-13</maturityDt>
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          <annualizedRt>11.50000000</annualizedRt>
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      <invstOrSec>
        <name>TRAFIN 2023-1</name>
        <lei>N/A</lei>
        <title>Notes</title>
        <cusip>251525BA8</cusip>
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          <isin value="XS2727598984"/>
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        <balance>1125000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>14.60000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wind River 2022-1 CLO Ltd.</name>
        <lei>N/A</lei>
        <title>CLO Subordinated Note</title>
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          <isin value="USG96907AB92"/>
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        <curCd>USD</curCd>
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        <name>Delta Leasing SPV III, LLC</name>
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        <cusip>N/A</cusip>
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          <other otherDesc="INTERNAL ID" value="DELTA_SP"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Sculptor European CLO XII DAC</name>
        <lei>635400KACXXM4HB1LP40</lei>
        <title>CLO Subordinated Note</title>
        <cusip>BCC3JP743</cusip>
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          <isin value="XS2949616663"/>
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      <invstOrSec>
        <name>Footprint International Holdco Inc</name>
        <lei>N/A</lei>
        <title>Loan, Delayed Draw</title>
        <cusip>N/A</cusip>
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          <other otherDesc="INTERNAL ID" value="PTLC-280"/>
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        <balance>839527.55470000</balance>
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        <curCd>USD</curCd>
        <valUSD>823576.53000000</valUSD>
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        <assetCat>LON</assetCat>
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          <maturityDt>2027-03-01</maturityDt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="INTERNAL ID" value="043025EUR00006410"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BAR
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              <counterpartyLei>N/A</counterpartyLei>
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      <invstOrSec>
        <name>Cork Harmony Consumer Loans DAC</name>
        <lei>N/A</lei>
        <title>Mezzanine Loan</title>
        <cusip>N/A</cusip>
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          <ticker value="CORKABSM"/>
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          <maturityDt>2027-07-15</maturityDt>
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      <invstOrSec>
        <name>Carlyle US CLO 2022-2, Ltd.</name>
        <lei>N/A</lei>
        <title>CLO Subordinated Note</title>
        <cusip>143113AC2</cusip>
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          <isin value="US143113AC24"/>
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        <assetCat>ABS-O</assetCat>
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      <invstOrSec>
        <name>VCP RRL ABS IV LLC</name>
        <lei>N/A</lei>
        <title>Class C Note</title>
        <cusip>91825NAJ0</cusip>
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          <isin value="US91825NAJ00"/>
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          <maturityDt>2035-04-20</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Glendower Capital Secondaries CFO, LLC</name>
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        <title>Class C Loan, Delayed Draw</title>
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          <other otherDesc="INTERNAL ID" value="4AE7-280"/>
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        <balance>182440.00220000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Aqueduct European CLO 5-2020 DAC</name>
        <lei>549300FPTK2DTC747F81</lei>
        <title>Class M-2 Note</title>
        <cusip>BCC2P4K24</cusip>
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          <isin value="XS2210217381"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481000"/>
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        <invCountry>IE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FinAccel Pte Ltd</name>
        <lei>N/A</lei>
        <title>Note - Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="CBLN-280"/>
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        <balance>1491335.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>SG</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>15.00000000</annualizedRt>
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      <invstOrSec>
        <name>OCP Euro CLO 2022-6 DAC</name>
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        <title>CLO Subordinated Note</title>
        <cusip>BCC38F2G5</cusip>
        <identifiers>
          <isin value="XS2559001610"/>
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        <balance>625000.00000000</balance>
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      <invstOrSec>
        <name>ALP CFO 2024, L.P.</name>
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      <invstOrSec>
        <name>Opal SPV LLC</name>
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          <ticker value="OPALPREF"/>
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      <invstOrSec>
        <name>Standard Chartered 1</name>
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        <cusip>778926691</cusip>
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          <ticker value="77892669"/>
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        <name>Granite Point Mortgage Trust Inc</name>
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        <title>Preferred Shares</title>
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        <name>Aqueduct European CLO 5-2020 DAC</name>
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        <title>Class M-1 Note</title>
        <cusip>BCC2P4K16</cusip>
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          <isin value="XS2210216813"/>
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        <name>Gregory SPV S.r.l</name>
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        <title>Credit Linked Note</title>
        <cusip>ASSET7439</cusip>
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      <invstOrSec>
        <name>Island Finance Trust 2025-1</name>
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        <title>Note - Class C</title>
        <cusip>463920AC2</cusip>
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          <isin value="US463920AC29"/>
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      <invstOrSec>
        <name>Arbor Realty Trust Inc</name>
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        <cusip>038923850</cusip>
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          <isin value="US0389238504"/>
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        <balance>26390.00000000</balance>
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        <assetCat>EP</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blackrock European CLO XV DAC</name>
        <lei>635400IJBX53XCPMHB27</lei>
        <title>CLO Subordinated Note</title>
        <cusip>BCC3JQ964</cusip>
        <identifiers>
          <isin value="XS2952454416"/>
        </identifiers>
        <balance>810000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481000"/>
        <valUSD>784613.69000000</valUSD>
        <pctVal>1.356893564380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Footprint International Holdco Inc</name>
        <lei>N/A</lei>
        <title>Warrants</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="FOOTPWRN"/>
        </identifiers>
        <balance>4009.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>160.36000000</valUSD>
        <pctVal>0.000277323037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Warrants that do not meet the definition of a derivative."/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KKR CLO 16 Ltd.</name>
        <lei>254900VCKMCY079T6M57</lei>
        <title>CLO Secured Note - Class D-R2</title>
        <cusip>BCC32BJP2</cusip>
        <identifiers>
          <isin value="USG52784AD00"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1184400.00000000</valUSD>
        <pctVal>2.048275167939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.66478000</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>FinAccel Pte Ltd</name>
        <lei>N/A</lei>
        <title>Warrants</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="INAWRNTC"/>
        </identifiers>
        <balance>1874.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>57363.14000000</valUSD>
        <pctVal>0.099202545775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Warrants that do not meet the definition of a derivative."/>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dawson Rated Fund 6-R2 LP</name>
        <lei>N/A</lei>
        <title>Senior Secured Term Loan, DD</title>
        <cusip>23942LAD8</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="LAD8-280"/>
        </identifiers>
        <balance>1580613.63900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1578624.73000000</valUSD>
        <pctVal>2.730038698036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carvana Auto Receivables Trust 2024-P4</name>
        <lei>N/A</lei>
        <title>Class R Note</title>
        <cusip>14076LAK9</cusip>
        <identifiers>
          <isin value="US14076LAK98"/>
        </identifiers>
        <balance>2937.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1380287.37000000</valUSD>
        <pctVal>2.387038453724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>Avoca CLO XXXI DAC</name>
        <lei>254900A0IMPMIXP8BN96</lei>
        <title>Subordinated Note</title>
        <cusip>BCC3GV7T8</cusip>
        <identifiers>
          <isin value="XS2868167383"/>
        </identifiers>
        <balance>820000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92481000"/>
        <valUSD>758641.33000000</valUSD>
        <pctVal>1.311977539354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frazier Healthcare Credit SPV II, L.P.</name>
        <lei>N/A</lei>
        <title>Partnership Interest</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="360HEALT"/>
        </identifiers>
        <balance>1865625.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1865625.00000000</valUSD>
        <pctVal>3.226370618192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Eagle Point Enhanced Income Trust</ncom:nameOfApplicant>
      <ncom:signature>Thomas P. Majewski</ncom:signature>
      <ncom:signerName>Thomas P. Majewski</ncom:signerName>
      <ncom:title>Chief Executive Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
