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        <name>UNITED AIRLINES HOLDINGS INC</name>
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        <name>US FOODS HOLDING CORP</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>ENDURANCE INTERNATIONAL GROUP HOLDINGS INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>BUCKEYE GP LLC</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-02</maturityDt>
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        <name>CHARTER COMMUNICATIONS INC</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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        <name>MAVIS TIRE EXPRESS SERVICES CORP</name>
        <lei>N/A</lei>
        <title>Mavis Tire Express Services Corp.</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BAUSCH HEALTH COMPANIES INC</name>
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        <title>Valeant Pharmaceuticals International, Inc.</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>DELTA AIR LINES INC</name>
        <lei>Q2CCMS6R0AS67HJMBN42</lei>
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        <invCountry>US</invCountry>
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        <name>RYAN SPECIALTY GROUP LLC</name>
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        <name>BOXER PARENT CO INC</name>
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        <name>CNT HOLDINGS III CORP</name>
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        <title>1-800 Contacts</title>
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        <name>BALBOA INTERMEDIATE HOLDINGS LLC</name>
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        <title>TIBCO Software, Inc.</title>
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        <name>HB FULLER CO</name>
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        <title>HB Fuller Co.</title>
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        <name>BOE HOLDING LLC</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>BWAY Holding Co.</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY GLOBAL PLC</name>
        <lei>N/A</lei>
        <title>Telenet Financing USD LLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX185375 1"/>
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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>
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          <maturityDt>2028-04-28</maturityDt>
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      <invstOrSec>
        <name>BERLIN PACKAGING LLC</name>
        <lei>549300L1HNHO6QOXHH42</lei>
        <title>Berlin Packaging LLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX173185 1"/>
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        <balance>149236.64000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144480.47000000</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>2025-11-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.16000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BP HOLDCO LLC</name>
        <lei>N/A</lei>
        <title>BP Holdco LLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="BGH5ZXB51"/>
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        <balance>11609.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIBERTY GLOBAL PLC</name>
        <lei>N/A</lei>
        <title>UPC Financing Partnership</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX189564 1"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169575.00000000</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>2029-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ABC SUPPLY HOLDING CORP</name>
        <lei>N/A</lei>
        <title>American Builders &amp; Contractors Supply Co., Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX183712 1"/>
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        <balance>445500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>432878.99000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>EG GROUP LTD</name>
        <lei>2138003OUK4UQHRJLT65</lei>
        <title>EG Finco Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="XAN2820EAC20"/>
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        <balance>38061.86390000</balance>
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        <curCd>USD</curCd>
        <valUSD>37235.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.22000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>API HEAT TRANSFER THERMASYS CORP</name>
        <lei>N/A</lei>
        <title>API Heat Transfer Intermediate</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="BGH5X3PR6"/>
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        <balance>36.24000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18390.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WHATABRANDS LLC</name>
        <lei>N/A</lei>
        <title>Whatabrands, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US96244UAD90"/>
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        <balance>498743.72000000</balance>
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        <curCd>USD</curCd>
        <valUSD>487132.97000000</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>2026-07-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.91000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ELANCO ANIMAL HEALTH INC</name>
        <lei>N/A</lei>
        <title>Elanco Animal Health, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US28414BAF31"/>
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        <balance>488304.09360000</balance>
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        <curCd>USD</curCd>
        <valUSD>474060.26000000</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>2027-08-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.91000000</annualizedRt>
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      <invstOrSec>
        <name>HAMILTON PROJECTS ACQUIROR LLC</name>
        <lei>N/A</lei>
        <title>Hamilton Projects Acquiror LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US14314VAB99"/>
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        <balance>179550.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178876.69000000</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>2027-06-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CPI CARD GROUP INC</name>
        <lei>N/A</lei>
        <title>CPI Acquisition, Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="US12635MAB54"/>
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        <balance>41839.08040000</balance>
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        <curCd>USD</curCd>
        <valUSD>36347.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>GRIFOLS SA</name>
        <lei>N/A</lei>
        <title>Grifols Worldwide Operations USA, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX183733 1"/>
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        <balance>248750.00000000</balance>
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        <curCd>USD</curCd>
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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>2027-11-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>BHN HOLDINGS INC</name>
        <lei>549300LFU3K8UIR03132</lei>
        <title>Blackhawk Network</title>
        <cusip>N/A</cusip>
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          <isin value="US09238FAK75"/>
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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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          <maturityDt>2025-06-16</maturityDt>
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      <invstOrSec>
        <name>AP VIII DUKE HOLDINGS GP LLC</name>
        <lei>N/A</lei>
        <title>Vectra Co.</title>
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          <isin value="US92243BAC37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BRP INC</name>
        <lei>549300DZZJW11IMTMJ24</lei>
        <title>Bombardier Recreational Products, Inc.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-24</maturityDt>
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        <name>PLAYTIKA HOLDING CORP</name>
        <lei>N/A</lei>
        <title>Playtika Holding Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CHARTER NEX US HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Charter Nex US, Inc.</title>
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          <isin value="US16125TAC62"/>
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        <balance>504124.20760000</balance>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-16</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>LTI HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>LTI Holdings, Inc.</title>
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        <balance>686000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-06</maturityDt>
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      <invstOrSec>
        <name>VECTOR PHOENIX HOLDINGS (CAYMAN) LP</name>
        <lei>549300DDK3ZCQPZWVP70</lei>
        <title>Aspect Software, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX179361U 1"/>
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        <curCd>USD</curCd>
        <valUSD>-420.63000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERTICAL TOPCO SARL</name>
        <lei>N/A</lei>
        <title>Vertical (TK Elevator)</title>
        <cusip>N/A</cusip>
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          <isin value="XAD9000BAB80"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99054.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.57000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LUX NEWCO</name>
        <lei>N/A</lei>
        <title>Froneri US, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX185230 1"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>479465.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHEF HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Chef Holdings, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="BGH64F7N8"/>
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        <balance>20.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARAMARK</name>
        <lei>42YMHYH0XMHJEXDUB065</lei>
        <title>Aramark Services, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX173878 1"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477125.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALTICE EUROPE NV</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>SFR Group S.A.</title>
        <cusip>N/A</cusip>
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          <isin value="XAF6628DAL82"/>
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        <balance>482603.12500000</balance>
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        <curCd>USD</curCd>
        <valUSD>463902.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-31</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>WYNDHAM HOTELS &amp; RESORTS INC</name>
        <lei>N/A</lei>
        <title>Wyndham Hotels &amp; Resorts, Inc.</title>
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          <isin value="US98310CAC64"/>
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        <balance>147000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ATD CORP</name>
        <lei>HZ8T88YVE2JVXJ0BTQ24</lei>
        <title>American Tire Distributors, Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="US03021BAE48"/>
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        <balance>513864.32350000</balance>
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        <curCd>USD</curCd>
        <valUSD>435315.02000000</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>2024-09-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>LIBERTY GLOBAL PLC</name>
        <lei>N/A</lei>
        <title>UPC Financing Partnership</title>
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          <other otherDesc="LoanX ID" value="LX189545 1"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169575.00000000</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>2029-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOODPACK LTD</name>
        <lei>5493003ZYID1KN87T037</lei>
        <title>IBC Capital Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US44928QAE98"/>
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        <balance>340275.73300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>318797.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-11</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>INFORMATICA HOLDCO 2 LLC</name>
        <lei>5493007SV33RZV7RPS40</lei>
        <title>Informatica LLC</title>
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          <other otherDesc="LoanX ID" value="LX185673 1"/>
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        <balance>358200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>349861.10000000</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>2027-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>EPICOR SOFTWARE CORP</name>
        <lei>JGNXVGGGXR4O1L5I7S73</lei>
        <title>Epicor Software</title>
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          <other otherDesc="LoanX ID" value="LX189137 1"/>
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        <balance>126113.73000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125816.10000000</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>2027-07-30</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>XPLORNET COMMUNICATIONS INC</name>
        <lei>N/A</lei>
        <title>Xplornet Communications Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="XAC8614YAB92"/>
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        <balance>249375.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244232.89000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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      <invstOrSec>
        <name>MESSER INDUSTRIES USA INC</name>
        <lei>N/A</lei>
        <title>Messer Industries USA, Inc.</title>
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          <isin value="XAD6000EAB83"/>
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        <balance>491882.84280000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-02</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>REECE LTD</name>
        <lei>N/A</lei>
        <title>Reece Ltd.</title>
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          <other otherDesc="LoanX ID" value="LX173663 1"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-04</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JANE STREET GROUP LLC</name>
        <lei>N/A</lei>
        <title>Jane Street Group LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US47077DAF78"/>
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        <balance>80593.98250000</balance>
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        <curCd>USD</curCd>
        <valUSD>79838.82000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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      <invstOrSec>
        <name>AERCAP HOLDINGS NV</name>
        <lei>N/A</lei>
        <title>Delos Finance S.A.R.L (International Lease Finance)</title>
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          <isin value="XAL2324EAE13"/>
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        <balance>489999.99670000</balance>
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        <curCd>USD</curCd>
        <valUSD>477995.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-06</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>TRANSUNION</name>
        <lei>X8NPN6PWJOM1QCTYFV34</lei>
        <title>Trans Union LLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX183784 1"/>
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        <balance>498709.54930000</balance>
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        <curCd>USD</curCd>
        <valUSD>485538.63000000</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>2026-11-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASPLUNDH TREE EXPERT LLC</name>
        <lei>N/A</lei>
        <title>Asplundh Tree Expert LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX189507 1"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499065.00000000</valUSD>
        <pctVal>1.181909798254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.65000000</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>CLARIOS GLOBAL LP</name>
        <lei>N/A</lei>
        <title>Power Solutions (Panther)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAC8000CAB90"/>
        </identifiers>
        <balance>569250.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>553772.09000000</valUSD>
        <pctVal>1.311469766805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.65000000</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>ILLUMINATE BUYER LLC</name>
        <lei>N/A</lei>
        <title>Illuminate Buyer LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US45232UAB44"/>
        </identifiers>
        <balance>580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>574565.40000000</valUSD>
        <pctVal>1.360713486214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.15000000</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>AERIAL TOPCO LP</name>
        <lei>N/A</lei>
        <title>Neustar, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US64127UAX54"/>
        </identifiers>
        <balance>481853.45420000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>451535.23000000</valUSD>
        <pctVal>1.069347505022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DJP XX LLC</name>
        <lei>G617XSG94Z7G0RMW3L02</lei>
        <title>Genesee &amp; Wyoming, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US55316HAB15"/>
        </identifiers>
        <balance>398997.49000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>392078.87000000</valUSD>
        <pctVal>0.928540086244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.00000000</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>SOLERA PARENT HOLDING LLC</name>
        <lei>N/A</lei>
        <title>Solera LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US83421MAB46"/>
        </identifiers>
        <balance>173105.71310000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169307.77000000</valUSD>
        <pctVal>0.400962825049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.94000000</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>HOCKEY PARENT HOLDINGS LP</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB International Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US44332EAP16"/>
        </identifiers>
        <balance>494949.48740000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>477720.30000000</valUSD>
        <pctVal>1.131360250458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.26000000</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>Federated Hermes U.S. Treasury</name>
        <lei>25490003NTA1P9CI5X97</lei>
        <title>Federated Hermes U.S. Treasury Cash Reserves Fund - Institutional Shares</title>
        <cusip>60934N682</cusip>
        <identifiers>
          <isin value="US60934N6821"/>
        </identifiers>
        <balance>7779684.76000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7779684.76000000</valUSD>
        <pctVal>18.42422459032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RADIATE HOLDINGS LP</name>
        <lei>N/A</lei>
        <title>Radiate Holdco, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX189839 1"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>392500.00000000</valUSD>
        <pctVal>0.929537426617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</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>NIELSEN HOLDINGS PLC</name>
        <lei>UJ76Y189LDMPCOCW7204</lei>
        <title>Nielsen Finance LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX162460 1"/>
        </identifiers>
        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372020.00000000</valUSD>
        <pctVal>0.881035703057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.15000000</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>EMERALD TOPCO INC</name>
        <lei>N/A</lei>
        <title>Emerald TopCo, Inc. (Press Ganey)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US29102TAB89"/>
        </identifiers>
        <balance>148500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142653.56000000</valUSD>
        <pctVal>0.337839039643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.76000000</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>SAMSONITE INTERNATIONAL SA</name>
        <lei>N/A</lei>
        <title>Samsonite IP Holdings S.A.R.L.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAL8030PAF52"/>
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        <balance>500872.90370000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>467815.29000000</valUSD>
        <pctVal>1.107902728149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.90000000</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>IQVIA HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>IQVIA Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US44969CBJ80"/>
        </identifiers>
        <balance>590931.97500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>581920.26000000</valUSD>
        <pctVal>1.378131620323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.97000000</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>CTI FOODS HOLDING CO LLC</name>
        <lei>549300I6BSNYS69CTS62</lei>
        <title>CTI Foods Holding Co. LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US12644HAV15"/>
        </identifiers>
        <balance>11223.51400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10550.10000000</valUSD>
        <pctVal>0.024985255553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</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>SIWF HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Springs Window Fashions</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US78489JAB08"/>
        </identifiers>
        <balance>107947.83860000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103540.33000000</valUSD>
        <pctVal>0.245209202291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.40000000</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>HAWK HOLDING COMPANY LLC</name>
        <lei>549300C5O4FSVNUEI843</lei>
        <title>Intrawest Resorts Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US46124CAB37"/>
        </identifiers>
        <balance>179538.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172730.36000000</valUSD>
        <pctVal>0.409068367727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.90000000</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>BEAR PARENT INC</name>
        <lei>N/A</lei>
        <title>Belk, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US07384DAC65"/>
        </identifiers>
        <balance>67984.32030000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25338.44000000</valUSD>
        <pctVal>0.060007715444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AI ENTERTAINMENT HOLDINGS LLC</name>
        <lei>549300NAS11NXI33CP80</lei>
        <title>WMG Acquisition Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US92929LAT52"/>
        </identifiers>
        <balance>247365.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>242727.05000000</valUSD>
        <pctVal>0.574837904273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.27000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>RELATED COMPANIES LP</name>
        <lei>549300W05QKLNGQIIA73</lei>
        <title>Equinox Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US29446CAP95"/>
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        <balance>232602.04020000</balance>
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        <curCd>USD</curCd>
        <valUSD>177680.05000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VIRTU FINANCIAL INC</name>
        <lei>N/A</lei>
        <title>Virtu Financial, Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="US91820UAQ31"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178594.20000000</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>2026-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DAVITA INC</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US23918VAY02"/>
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        <balance>497493.73720000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>487941.86000000</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>2026-08-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USIC HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>USIC Holding, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US90290HAM43"/>
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        <balance>486546.61740000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>478435.89000000</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>2023-12-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</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>PQ GROUP HOLDINGS INC</name>
        <lei>2H1FRGMQKKSWC9PFJY28</lei>
        <title>PQ Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US69353FAX24"/>
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        <balance>491144.47000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>478251.93000000</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>2027-02-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.51000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LPL FINANCIAL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPL Holdings, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX183813 1"/>
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        <balance>353106.68750000</balance>
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        <curCd>USD</curCd>
        <valUSD>346044.55000000</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>2026-11-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BERRY GLOBAL GROUP INC</name>
        <lei>549300AP2Q7ERHX6RI89</lei>
        <title>Berry Global, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX184581 1"/>
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        <balance>418334.49080000</balance>
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        <curCd>USD</curCd>
        <valUSD>405315.92000000</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>2026-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.16000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BCPE EAGLE INTERMEDIATE HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>BCPE Eagle Buyer LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US05549DAB47"/>
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        <balance>193969.85700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>182380.16000000</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>2024-03-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</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>
        <name>SIWF HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Springs Window Fashions</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US78489JAD63"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84833.00000000</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>2026-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.65000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WP CPP HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>WP CPP Holdings LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX173000 1"/>
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        <balance>628664.79530000</balance>
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        <curCd>USD</curCd>
        <valUSD>547567.04000000</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>2025-04-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>API HEAT TRANSFER THERMASYS CORP</name>
        <lei>N/A</lei>
        <title>API Heat Transfer Parent LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="BGH5X3PU9"/>
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        <balance>170114.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14535.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARETEC GROUP INC</name>
        <lei>N/A</lei>
        <title>Aretec Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US04009DAB01"/>
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        <balance>245625.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>233343.75000000</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>2025-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRAVE PARENT HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Brave Parent Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US10566UAC27"/>
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        <balance>97994.97680000</balance>
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        <curCd>USD</curCd>
        <valUSD>96525.05000000</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>2025-04-18</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENGAGE LEARNING HOLDINGS II INC</name>
        <lei>549300BYGM0FWUSVXJ88</lei>
        <title>Cengage Learning Acquisitions, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US15134NAE67"/>
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        <balance>434035.54730000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>361799.01000000</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>2023-06-07</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BCP IV GRAFTECH LP HOLDINGS</name>
        <lei>N/A</lei>
        <title>GrafTech Finance, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US38431EAB48"/>
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        <balance>429057.80230000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>422978.05000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIBERTY GLOBAL PLC</name>
        <lei>N/A</lei>
        <title>Virgin Media Bristol LLC</title>
        <cusip>N/A</cusip>
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          <isin value="XAG9368PBC77"/>
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        <balance>415405.82000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-31</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CPG INTERNATIONAL HOLDINGS LP</name>
        <lei>N/A</lei>
        <title>CPG International LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US12626JAE73"/>
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        <balance>199651.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>198803.47000000</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>2024-05-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INGERSOLL RAND INC</name>
        <lei>549300MJL50HVCB7RP74</lei>
        <title>Gardner Denver, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX185540 1"/>
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        <balance>498750.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>481433.40000000</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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      <invstOrSec>
        <name>PACKAGING COORDINATORS MIDCO INC</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MATTERHORN BUYER LLC</name>
        <lei>549300B7GQ818BSKC852</lei>
        <title>Hearthside Group Holdings LLC</title>
        <cusip>N/A</cusip>
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          <isin value="US40422KAB70"/>
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        <balance>539000.00000000</balance>
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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>
          <maturityDt>2025-05-23</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CHG HEALTHCARE SERVICES INC</name>
        <lei>N/A</lei>
        <title>CHG Healthcare Services, Inc.</title>
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          <isin value="US12541HAR49"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>RESTAURANT BRANDS INTERNATIONAL INC</name>
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        <title>1011778 BC Unlimited Liability Co.</title>
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          <isin value="XAC6901LAH06"/>
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        <curCd>USD</curCd>
        <valUSD>332465.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-19</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>VECTOR PHOENIX HOLDINGS (CAYMAN) LP</name>
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        <title>Aspect Software, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX179024 1"/>
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        <curCd>USD</curCd>
        <valUSD>201707.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>ENDO INTERNATIONAL PLC</name>
        <lei>N/A</lei>
        <title>Endo Luxembourg Finance Co.</title>
        <cusip>N/A</cusip>
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          <isin value="XAL2968EAB82"/>
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        <balance>534925.12540000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>JBS SA</name>
        <lei>N/A</lei>
        <title>JBS USA Lux SA</title>
        <cusip>N/A</cusip>
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          <isin value="US46611VAU98"/>
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        <balance>469770.71860000</balance>
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        <curCd>USD</curCd>
        <valUSD>456382.25000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.15000000</annualizedRt>
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      <invstOrSec>
        <name>LSF9 PHARAOH HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>American Bath Group LLC</title>
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          <isin value="US02451UAJ25"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>FILTRATION GROUP CORP</name>
        <lei>549300ZA0D9WN5ECE978</lei>
        <title>Filtration Group Corp.</title>
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          <isin value="US31732FAM86"/>
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        <balance>186504.13540000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-31</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>API HEAT TRANSFER THERMASYS CORP</name>
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        <title>API Heat Transfer</title>
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          <isin value="US00189AAC45"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>3</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>CONSTELLATION (BC) SARL</name>
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        <title>Diamond (BC) BV</title>
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          <isin value="XAN2611UAC98"/>
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        <balance>291750.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-06</maturityDt>
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        <name>FRONT RANGE TOPCO INC</name>
        <lei>N/A</lei>
        <title>Zayo Group Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-09</maturityDt>
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        <name>MCGRAW-HILL EDUCATION INC</name>
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        <title>McGraw-Hill Global Education Holdings LLC</title>
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        <name>MILLENNIUM PARK TOPCO LLC</name>
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        <title>Market Track LLC</title>
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          <isin value="US57059FAF36"/>
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        <name>THE HILLMAN GROUP INC</name>
        <lei>BDPO7HREUXNPHVMSIT54</lei>
        <title>Hillman Group, Inc.</title>
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          <isin value="US43162TAK60"/>
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        <balance>586500.00000000</balance>
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        <name>MICROCHIP TECHNOLOGY INCORPORATED</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>Micron Technology, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ATD CORP</name>
        <lei>HZ8T88YVE2JVXJ0BTQ24</lei>
        <title>American Tire Distributors, Inc.</title>
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        <balance>57427.11600000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>NAVISTAR INTERNATIONAL CORPORATION</name>
        <lei>N/A</lei>
        <title>Navistar Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US63937YAE14"/>
        </identifiers>
        <balance>586851.26960000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>580982.76000000</valUSD>
        <pctVal>1.375911387616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.66000000</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>HAYWARD INDUSTRIES INC</name>
        <lei>N/A</lei>
        <title>Hayward Industries, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US421300AG98"/>
        </identifiers>
        <balance>105634.23510000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102663.80000000</valUSD>
        <pctVal>0.243133361678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.65000000</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>NEXT LIMITED PARTNERSHIP INC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>Altice US Finance I Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US64072UAH59"/>
        </identifiers>
        <balance>197000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>190063.63000000</valUSD>
        <pctVal>0.450117853563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.40000000</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>MH SUB I LLC</name>
        <lei>N/A</lei>
        <title>Internet Brands, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US45567YAJ47"/>
        </identifiers>
        <balance>247969.92310000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>240840.79000000</valUSD>
        <pctVal>0.570370772384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.65000000</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>ALTRA INDUSTRIAL MOTION CORP</name>
        <lei>NQ0NIXPGW4YKG4MWM571</lei>
        <title>Altra Industrial Motion Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US02208HAB42"/>
        </identifiers>
        <balance>533582.09200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>517243.81000000</valUSD>
        <pctVal>1.224961732690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.15000000</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>CHARTER NEX US HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Charter Nex US, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US16125TAD46"/>
        </identifiers>
        <balance>97587.43700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95046.26000000</valUSD>
        <pctVal>0.225093136127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-10-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Guggenheim Variable Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>John Sullivan</ncom:signature>
      <ncom:signerName>John Sullivan</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
