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      <invstOrSec>
        <name>TPS Intermediate, LLC Term Loan</name>
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        <title>TPS Intermediate, LLC Term Loan</title>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Directv Financing LLC Term Loan B</name>
        <lei>N/A</lei>
        <title>Directv Financing LLC Term Loan B</title>
        <cusip>N/A</cusip>
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          <ticker value="DTV"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ruppert Landscape, LLC Delayed Draw Term Loan</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Post Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Garda World Security Corp Term Loan B</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
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          <ticker value="GWCN"/>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AdaptHealth LLC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Finn Partners Inc Term Loan</name>
        <lei>N/A</lei>
        <title>Finn Partners Inc Term Loan</title>
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        <curCd>USD</curCd>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Prosource Holdings MP, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Prosource Holdings MP, LLC Term Loan</title>
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          <other otherDesc="Internal Identifier" value="9001346"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Venture Global LNG Inc</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>Venture Global LNG Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AIDC Intermediate Co 2, LLC Term Loan</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>IPC Pain Acquisition LLC Term Loan</name>
        <lei>N/A</lei>
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        <fairValLevel>3</fairValLevel>
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        <name>Douglas Top Parent, LLC.</name>
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        <name>TK Elevator US Newco Inc Term Loan B</name>
        <lei>549300C2AFWPAYWS5574</lei>
        <title>TK Elevator US Newco Inc Term Loan B</title>
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          <ticker value="THYELE"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Tenneco Inc Term Loan B</name>
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          <ticker value="TEN"/>
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        <name>Douglas Holdings, Inc. Synthetic PIK Delayed Draw Term Loan</name>
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        <name>Avolon TLB Borrower 1 US LLC Term Loan B6</name>
        <lei>635400O84AGITYFZQB55</lei>
        <title>Avolon TLB Borrower 1 US LLC Term Loan B6</title>
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          <ticker value="AVOL"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Obra Capital Term Loan</name>
        <lei>N/A</lei>
        <title>Obra Capital Term Loan</title>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Custom Veterinary Services, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Custom Veterinary Services, LLC Term Loan</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal Identifier" value="9001375"/>
          <other otherDesc="Internal Identifier" value="9001375"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <maturityDt>2030-02-05</maturityDt>
          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>TMS International Corp/DE Term Loan B7</name>
        <lei>549300L4K0F1YF8WKF23</lei>
        <title>TMS International Corp/DE Term Loan B7</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TMS"/>
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        <balance>496256.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>493774.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.80000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc Term Loan J</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc Term Loan J</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TDG"/>
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        <balance>673308.27000000</balance>
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        <curCd>USD</curCd>
        <valUSD>669127.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>IRB Holding Corp Term Loan B</name>
        <lei>549300HVW4WNWYBXN830</lei>
        <title>IRB Holding Corp Term Loan B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ARGIHC"/>
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        <balance>498746.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>495295.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kano Intermediate Inc. Term Loan</name>
        <lei>N/A</lei>
        <title>Kano Intermediate Inc. Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001330"/>
          <other otherDesc="Internal Identifier" value="9001330"/>
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        <curCd>USD</curCd>
        <valUSD>2335897.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.10000000</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>Alta Buyer LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Alta Buyer LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9000180"/>
          <other otherDesc="Internal Identifier" value="9000180"/>
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        <balance>1015950.71000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1005791.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.33000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Keg Logistics LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Keg Logistics LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9000175"/>
          <other otherDesc="Internal Identifier" value="9000175"/>
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        <balance>1935797.97000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1935797.97000000</valUSD>
        <pctVal>2.100433540549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.22000000</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>Kronos Acquisition Holdings Inc Term Loan B</name>
        <lei>N/A</lei>
        <title>Kronos Acquisition Holdings Inc Term Loan B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KIKCN"/>
        </identifiers>
        <balance>497500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>425362.50000000</valUSD>
        <pctVal>0.461538691401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arsenal AIC Parent LLC Term Loan B</name>
        <lei>N/A</lei>
        <title>Arsenal AIC Parent LLC Term Loan B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ARNC"/>
        </identifiers>
        <balance>298000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295392.50000000</valUSD>
        <pctVal>0.320515014604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sales Performance International, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Sales Performance International, LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001307"/>
          <other otherDesc="Internal Identifier" value="9001307"/>
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        <balance>1054856.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1048851.30000000</valUSD>
        <pctVal>1.138053910433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.79000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ES Ventures, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>ES Ventures, LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001235"/>
          <other otherDesc="Internal Identifier" value="9001235"/>
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        <balance>693578.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>697167.81000000</valUSD>
        <pctVal>0.756460474806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.31000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Keystone Agency Investors, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Keystone Agency Investors, LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001223"/>
          <other otherDesc="Internal Identifier" value="9001223"/>
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        <balance>409031.89000000</balance>
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        <curCd>USD</curCd>
        <valUSD>404941.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.08000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AmeriTex HoldCo Intermediate LLC</name>
        <lei>N/A</lei>
        <title>AmeriTex HoldCo Intermediate LLC</title>
        <cusip>030727AA9</cusip>
        <identifiers>
          <isin value="US030727AA98"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97504.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.25000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Credit Acceptance Corp</name>
        <lei>N/A</lei>
        <title>Credit Acceptance Corp</title>
        <cusip>225310AQ4</cusip>
        <identifiers>
          <isin value="US225310AQ40"/>
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        <balance>335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>354647.42000000</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>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SENS Intermediate Holdings LLC Revolver</name>
        <lei>N/A</lei>
        <title>SENS Intermediate Holdings LLC Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001394"/>
          <other otherDesc="Internal Identifier" value="9001394"/>
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        <balance>27895.40000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27476.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.29000000</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>Thames Technology Holdings, Inc. Term Loan</name>
        <lei>N/A</lei>
        <title>Thames Technology Holdings, Inc. Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001199"/>
          <other otherDesc="Internal Identifier" value="9001199"/>
        </identifiers>
        <balance>1382962.93000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1370962.19000000</valUSD>
        <pctVal>1.487559658253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.06000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clydesdale Acquisition Holdings Inc</name>
        <lei>254900QKSDYFR3K5YD98</lei>
        <title>Clydesdale Acquisition Holdings Inc</title>
        <cusip>18972EAA3</cusip>
        <identifiers>
          <isin value="US18972EAA38"/>
        </identifiers>
        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>377070.75000000</valUSD>
        <pctVal>0.409139829018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.63000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mauser Packaging Solutions Holding Co Term Loan B1</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>Mauser Packaging Solutions Holding Co Term Loan B1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BWY"/>
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        <curCd>USD</curCd>
        <valUSD>496446.77000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Hilcorp Energy I LP Term Loan B</name>
        <lei>549300ITPIHLG0LHEC09</lei>
        <title>Hilcorp Energy I LP Term Loan B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HILCRP"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Victra Holdings LLC / Victra Finance Corp</name>
        <lei>N/A</lei>
        <title>Victra Holdings LLC / Victra Finance Corp</title>
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        <identifiers>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Directv Financing LLC / Directv Financing Co-Obligor Inc</name>
        <lei>N/A</lei>
        <title>Directv Financing LLC / Directv Financing Co-Obligor Inc</title>
        <cusip>25461LAA0</cusip>
        <identifiers>
          <isin value="US25461LAA08"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SSA Acquisition Holdco, LLC Delayed Draw Term Loan</name>
        <lei>N/A</lei>
        <title>SSA Acquisition Holdco, LLC Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001316"/>
          <other otherDesc="Internal Identifier" value="9001316"/>
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        <curCd>USD</curCd>
        <valUSD>128659.01000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pediatric Home Respiratory Services, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Pediatric Home Respiratory Services, LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001341"/>
          <other otherDesc="Internal Identifier" value="9001341"/>
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        <balance>2848606.38000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2842781.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.78000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hill Country Dairies, Inc. Delayed Draw Term Loan</name>
        <lei>N/A</lei>
        <title>Hill Country Dairies, Inc. Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001281"/>
          <other otherDesc="Internal Identifier" value="9001281"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125089.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HEF Safety Ultimate Holdings, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>HEF Safety Ultimate Holdings, LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001221"/>
          <other otherDesc="Internal Identifier" value="9001221"/>
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        <balance>1046593.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1046593.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.58000000</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>
      <invstOrSec>
        <name>Endo Finance Holdings Inc Term Loan B</name>
        <lei>N/A</lei>
        <title>Endo Finance Holdings Inc Term Loan B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ENDP"/>
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        <balance>497500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>492400.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.32000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fiesta Purchaser Inc Term Loan B</name>
        <lei>N/A</lei>
        <title>Fiesta Purchaser Inc Term Loan B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SHEARE"/>
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        <balance>496256.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>492226.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-12</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Blackstone Mortgage Trust Inc</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>Blackstone Mortgage Trust Inc</title>
        <cusip>09257WAF7</cusip>
        <identifiers>
          <isin value="US09257WAF77"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15439.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</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>
      <invstOrSec>
        <name>SkyMiles IP Ltd Term Loan B</name>
        <lei>2549008L7P4I8VB90936</lei>
        <title>SkyMiles IP Ltd Term Loan B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="DAL"/>
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        <balance>458333.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>462403.33000000</valUSD>
        <pctVal>0.501729766559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-16</maturityDt>
          <couponKind>Floating</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North Haven USHC Acquisition, Inc. Term Loan</name>
        <lei>N/A</lei>
        <title>North Haven USHC Acquisition, Inc. Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001063"/>
          <other otherDesc="Internal Identifier" value="9001063"/>
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        <balance>709829.72000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>709829.72000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.40000000</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>
      <invstOrSec>
        <name>Riverview Landscape Holdings, LLC Delayed Draw Term Loan</name>
        <lei>N/A</lei>
        <title>Riverview Landscape Holdings, LLC Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001365"/>
          <other otherDesc="Internal Identifier" value="9001365"/>
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        <curCd>USD</curCd>
        <valUSD>801365.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.55000000</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>
      <invstOrSec>
        <name>Certified Collision Group, Inc. Term Loan</name>
        <lei>N/A</lei>
        <title>Certified Collision Group, Inc. Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001004"/>
          <other otherDesc="Internal Identifier" value="9001004"/>
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        <balance>904575.77000000</balance>
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        <curCd>USD</curCd>
        <valUSD>901500.33000000</valUSD>
        <pctVal>0.978171048473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.33000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SDG MGMT Company, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>SDG MGMT Company, LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001226"/>
          <other otherDesc="Internal Identifier" value="9001226"/>
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        <balance>217475.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>217475.25000000</valUSD>
        <pctVal>0.235971065378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.35000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Douglas Holdings, Inc. Term Loan</name>
        <lei>N/A</lei>
        <title>Douglas Holdings, Inc. Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001290"/>
          <other otherDesc="Internal Identifier" value="9001290"/>
        </identifiers>
        <balance>1182497.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1179623.64000000</valUSD>
        <pctVal>1.279948164570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.14000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Riverview Landscape Holdings, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Riverview Landscape Holdings, LLC Term Loan</title>
        <cusip>N/A</cusip>
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        <name>Energizer Holdings Inc Term Loan B</name>
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        <name>WestJet Loyalty LP Term Loan B</name>
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        <name>Dana Inc</name>
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      <invstOrSec>
        <name>B'laster Holdings LLC Term Loan</name>
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        <name>SENS Intermediate Holdings LLC Term Loan</name>
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        <name>Chobani LLC / Chobani Finance Corp Inc</name>
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        <name>Ruppert Landscape, LLC Term Loan</name>
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      <invstOrSec>
        <name>Riverview Landscape Holdings, LLC Revolver</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Russell Investments US Institutional Holdco Inc PIK Term Loan B</name>
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          <ticker value="RUSINV"/>
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        <fairValLevel>2</fairValLevel>
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          <ticker value="NUGGET"/>
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      <invstOrSec>
        <name>Flexpak Investment Corp Term Loan</name>
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        <title>Flexpak Investment Corp Term Loan</title>
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        <fairValLevel>3</fairValLevel>
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        <name>Cloud Software Group Inc Term Loan B1</name>
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          <ticker value="TIBX"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Moonraker AcquisitionCo LLC Term Loan</name>
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          <other otherDesc="Internal Identifier" value="9001054"/>
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        <fairValLevel>3</fairValLevel>
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        <name>Clearway Energy Operating LLC</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
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        <name>Mercer International Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>LifePoint Health Inc Term Loan B</name>
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          <ticker value="RGCARE"/>
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        <fairValLevel>2</fairValLevel>
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        <name>KFC Holding Co Term Loan B</name>
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          <ticker value="YUM"/>
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        <name>Caesars Entertainment Inc</name>
        <lei>549300FA4CTCW903Y781</lei>
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        <name>KL Charlie Acquisition Corp Term Loan</name>
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        <name>Clydesdale Acquisition Holdings Inc Term Loan B</name>
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        <name>AKS Engineering &amp; Forestry, LLC Term Loan</name>
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        <name>KL Moon Acquisition, LLC Term Loan</name>
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        <name>Vert Markets LLC Term Loan</name>
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        <title>Vert Markets LLC Term Loan</title>
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        <name>MITER Brands Acquisition Holdco Inc Term Loan B2</name>
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          <ticker value="MIWIDO"/>
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      <invstOrSec>
        <name>Pediatric Home Respiratory Services, LLC Revolver</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>O6 Environmental, LLC Delayed Draw Term Loan</name>
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        <fairValLevel>3</fairValLevel>
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        <name>AKS Engineering Holdings, LLC</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp</name>
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          <isin value="US505742AP10"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AEP Passion Intermediate Holdings Inc Term Loan</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal Identifier" value="9001132"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>B&amp;G Foods Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>OneSky Flight LLC</name>
        <lei>549300PM6NEPXGG5B882</lei>
        <title>OneSky Flight LLC</title>
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          <isin value="US68278CAA36"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rotolo Consultants Inc. Term Loan</name>
        <lei>N/A</lei>
        <title>Rotolo Consultants Inc. Term Loan</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>1261229 BC Ltd Term Loan B</name>
        <lei>N/A</lei>
        <title>1261229 BC Ltd Term Loan B</title>
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        <invCountry>CA</invCountry>

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        <name>Hill Country Dairies, Inc. Revolver</name>
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        <issuerCat>CORP</issuerCat>
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        <name>Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class</name>
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          <ticker value="MVRXX"/>
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        <name>Costanzo's Bakery, LLC Term Loan</name>
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        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
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        <name>Warrior Ultimate Holdings LLC</name>
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      <invstOrSec>
        <name>Fowler Route Co., Inc Term Loan</name>
        <lei>N/A</lei>
        <title>Fowler Route Co., Inc Term Loan</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Gold Medal Holdings Inc Term Loan</name>
        <lei>N/A</lei>
        <title>Gold Medal Holdings Inc Term Loan</title>
        <cusip>N/A</cusip>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>Ninjatrader Group LLC Term Loan</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Fowler Route Co., Inc Revolver</name>
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      <invstOrSec>
        <name>Acrisure LLC Term Loan B6</name>
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          <ticker value="ACRISU"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SSA Acquisition Holdco, LLC Term Loan</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>M&amp;D Midco Inc Term Loan</name>
        <lei>N/A</lei>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Keystone Agency Investors, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Keystone Agency Investors, LLC Term Loan</title>
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        <fairValLevel>3</fairValLevel>
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        <name>CPS Investors, LP</name>
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        <name>OneMain Finance Corp</name>
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        <name>Mauser Packaging Solutions Holding Co</name>
        <lei>549300DNGHXL0OMHW304</lei>
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        <name>ES Ventures, LLC Term Loan</name>
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        <name>Directv Financing LLC Tern Loan Extended</name>
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        <name>Element Solutions Inc Term Loan B3</name>
        <lei>549300FLGN6P5CU20J91</lei>
        <title>Element Solutions Inc Term Loan B3</title>
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          <ticker value="ESI"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Obra Capital Revolver</name>
        <lei>N/A</lei>
        <title>Obra Capital Revolver</title>
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          <other otherDesc="Internal Identifier" value="9001268"/>
          <other otherDesc="Internal Identifier" value="9001268"/>
        </identifiers>
        <balance>28670.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28217.32000000</valUSD>
        <pctVal>0.030617144077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.93000000</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>Hill Country Dairies, Inc. Term Loan</name>
        <lei>N/A</lei>
        <title>Hill Country Dairies, Inc. Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001283"/>
          <other otherDesc="Internal Identifier" value="9001283"/>
        </identifiers>
        <balance>1548893.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1538195.66000000</valUSD>
        <pctVal>1.669015985274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.04000000</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>CEV Multimedia, LLC Term Loan</name>
        <lei>N/A</lei>
        <title>CEV Multimedia, LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001136"/>
          <other otherDesc="Internal Identifier" value="9001136"/>
        </identifiers>
        <balance>242754.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>242754.76000000</valUSD>
        <pctVal>0.263400544857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.67000000</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>KL Charlie Acquisition Corp Delayed Draw Term Loan</name>
        <lei>N/A</lei>
        <title>KL Charlie Acquisition Corp Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001141"/>
          <other otherDesc="Internal Identifier" value="9001141"/>
        </identifiers>
        <balance>1084008.17000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1073168.09000000</valUSD>
        <pctVal>1.164438792589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.92000000</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>Alta Buyer LLC Delayed Draw Term Loan</name>
        <lei>N/A</lei>
        <title>Alta Buyer LLC Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9000182"/>
          <other otherDesc="Internal Identifier" value="9000182"/>
        </identifiers>
        <balance>274602.77000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>271856.74000000</valUSD>
        <pctVal>0.294977587418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.33000000</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>Orion Midco LLC Term Loan</name>
        <lei>N/A</lei>
        <title>Orion Midco LLC Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9001319"/>
          <other otherDesc="Internal Identifier" value="9001319"/>
        </identifiers>
        <balance>2097624.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2089182.48000000</valUSD>
        <pctVal>2.266863082473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.58000000</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="Returns shown in Item B.5.a have been calculated without deducting any applicable sales loads or redemption fees" noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-04-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Principal Private Credit Fund I</ncom:nameOfApplicant>
      <ncom:signature>Megan Hoffmann</ncom:signature>
      <ncom:signerName>/s/ Megan Hoffmann</ncom:signerName>
      <ncom:title>Vice President and Controller</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
