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          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KKR APPLE BIDCO LLC</name>
        <lei>N/A</lei>
        <title>Atlantic Aviation</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX196235 1"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>449356.50000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</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>
      <invstOrSec>
        <name>PRO MACH GROUP INC</name>
        <lei>N/A</lei>
        <title>Pro Mach Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX196943 1"/>
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        <balance>172067.04000000</balance>
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        <curCd>USD</curCd>
        <valUSD>172805.21000000</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>2028-08-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</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>
      <invstOrSec>
        <name>BUCKEYE GP LLC</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>Buckeye Partners LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX192343 1"/>
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        <balance>395010.02870000</balance>
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        <curCd>USD</curCd>
        <valUSD>392892.77000000</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>2026-11-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.33000000</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>
      <invstOrSec>
        <name>FRANCHISE GROUP INC</name>
        <lei>N/A</lei>
        <title>Franchise Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX192345 1"/>
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        <balance>203861.25000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204625.73000000</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>2026-03-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PANTHER BF AGGREGATOR 1 LP</name>
        <lei>N/A</lei>
        <title>Power Solutions (Panther)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX192923 1"/>
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        <balance>522476.17510000</balance>
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        <curCd>USD</curCd>
        <valUSD>519863.79000000</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>2026-04-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.33000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>397000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>396428.32000000</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>2026-09-25</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>
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      <invstOrSec>
        <name>US FOODS HOLDING CORP</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US Foods, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US90351HAD08"/>
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        <balance>441000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>434826.00000000</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>2026-09-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.08000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FRONT RANGE TOPCO INC</name>
        <lei>N/A</lei>
        <title>Zayo Group Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US98919XAB73"/>
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        <balance>401526.71000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>397780.47000000</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>2027-03-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.08000000</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>ENTAIN HOLDINGS GIBRALTAR LIMITED</name>
        <lei>N/A</lei>
        <title>Entain Holdings (Gibraltar) Limited</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX196380 1"/>
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        <balance>149625.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149345.20000000</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>2027-03-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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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>100000.00000000</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>8.58000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABG INTERMEDIATE HOLDINGS 2 LLC</name>
        <lei>N/A</lei>
        <title>Authentic Brands</title>
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          <other otherDesc="LoanX ID" value="LX192380 1"/>
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        <balance>160683.05300000</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>2024-09-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOXER PARENT CO INC</name>
        <lei>5493006T045HLTF7YX04</lei>
        <title>Boxer Parent Co., Inc.</title>
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          <other otherDesc="LoanX ID" value="LX192761 1"/>
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        <balance>170216.95320000</balance>
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        <curCd>USD</curCd>
        <valUSD>169188.84000000</valUSD>
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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>2025-10-02</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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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>246875.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-10</maturityDt>
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      <invstOrSec>
        <name>DJP XX LLC</name>
        <lei>G617XSG94Z7G0RMW3L02</lei>
        <title>Genesee &amp; Wyoming, Inc.</title>
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          <isin value="US55316HAB15"/>
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        <balance>394987.46740000</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>
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          <maturityDt>2026-12-30</maturityDt>
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        <name>AIR CANADA</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>Air Canada</title>
        <cusip>N/A</cusip>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100333.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-11</maturityDt>
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      <invstOrSec>
        <name>FIRST BRANDS GROUP LLC</name>
        <lei>N/A</lei>
        <title>First Brands Group LLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX193456 1"/>
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        <balance>398000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>401582.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <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>
        <identifiers>
          <isin value="XAF6628DAL82"/>
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        <balance>477640.62500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>473222.45000000</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>2026-02-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.81000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EG GROUP LTD</name>
        <lei>2138003OUK4UQHRJLT65</lei>
        <title>EG Finco Ltd.</title>
        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CHG HEALTHCARE SERVICES INC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>HAYWARD INDUSTRIES INC</name>
        <lei>N/A</lei>
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          <isin value="US421300AL83"/>
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        <name>AZALEA TOPCO INC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>ICON LUXEMBOURG SARL</name>
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          <isin value="XAL5000DAD92"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CATALOG INTERMEDIATE INC</name>
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        <title>Cambrex Corp.</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>EPICOR SOFTWARE CORP</name>
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        <name>GOODPACK LTD</name>
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        <name>TRITON WATER HOLDINGS INC</name>
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        <name>CONVERGINT TECHNOLOGIES GROUP HOLDINGS INC</name>
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        <name>MAVIS TIRE EXPRESS SERVICES CORP</name>
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        <name>GATES INTERNATIONAL CORPORATION PLC</name>
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        <name>CONAIR HOLDINGS LLC</name>
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        <name>DESERT NEWCO LLC</name>
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        <title>Go Daddy Operating Company LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>SABRE CORP</name>
        <lei>F2TJC7HPPHLHU1AQMP98</lei>
        <title>Sabre GLBL, Inc.</title>
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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>
      <invstOrSec>
        <name>HILLMAN COMPANIES INC</name>
        <lei>BDPO7HREUXNPHVMSIT54</lei>
        <title>Hillman Group, Inc.</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SABRE CORP</name>
        <lei>F2TJC7HPPHLHU1AQMP98</lei>
        <title>Sabre GLBL, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX196145 1"/>
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        <curCd>USD</curCd>
        <valUSD>91398.98000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>LPL FINANCIAL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
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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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      <invstOrSec>
        <name>VERTICAL TOPCO SARL</name>
        <lei>N/A</lei>
        <title>TK Elevator Midco GmbH</title>
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          <other otherDesc="LoanX ID" value="LX196018 1"/>
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        <curCd>USD</curCd>
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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>
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      <invstOrSec>
        <name>API HEAT TRANSFER THERMASYS CORP</name>
        <lei>N/A</lei>
        <title>API Heat Transfer</title>
        <cusip>N/A</cusip>
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          <isin value="US00189AAC45"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2023-10-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <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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        <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>2025-05-30</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TITAN ACQUISITION LTD</name>
        <lei>N/A</lei>
        <title>Titan Acquisition Ltd. (Husky)</title>
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          <isin value="XAC8856UAB44"/>
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        <balance>193499.49130000</balance>
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        <curCd>USD</curCd>
        <valUSD>189850.09000000</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>2025-03-28</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>LIBERTY GLOBAL PLC</name>
        <lei>2138005HEGTBAGASUY97</lei>
        <title>UPC Broadband Holding BV</title>
        <cusip>N/A</cusip>
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          <isin value="XAN9000DAH07"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>448407.00000000</valUSD>
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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>2029-01-31</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>INGERSOLL RAND INC</name>
        <lei>549300MJL50HVCB7RP74</lei>
        <title>Gardner Denver, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX185540 1"/>
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        <balance>492500.00000000</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>2027-03-01</maturityDt>
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        <name>JANE STREET GROUP LLC</name>
        <lei>N/A</lei>
        <title>Jane Street Group LLC</title>
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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>2028-01-26</maturityDt>
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        <name>BRP INC</name>
        <lei>549300DZZJW11IMTMJ24</lei>
        <title>Bombardier Recreational Products, Inc.</title>
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        <balance>483152.45000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-24</maturityDt>
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        <name>CITADEL SECURITIES LP</name>
        <lei>N/A</lei>
        <title>Citadel Securities, LP</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-02</maturityDt>
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        <name>OSMOSIS HOLDINGS AUSTRALIA II PTY LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <maturityDt>2028-07-31</maturityDt>
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        <name>ELANCO ANIMAL HEALTH INC</name>
        <lei>N/A</lei>
        <title>Elanco Animal Health, Inc.</title>
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          <maturityDt>2027-08-02</maturityDt>
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        <name>MH SUB I LLC</name>
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        <title>Internet Brands, Inc.</title>
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          <isin value="US45567YAJ47"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DAVITA INC</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita, Inc.</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REECE LTD</name>
        <lei>N/A</lei>
        <title>Reece Ltd.</title>
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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>2027-01-04</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CP ATLAS BUYER INC</name>
        <lei>N/A</lei>
        <title>American Bath Group LLC</title>
        <cusip>N/A</cusip>
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        <name>LUMMUS TECHNOLOGY HOLDINGS V LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DT MIDSTREAM INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Aveanna Healthcare LLC</name>
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        <fairValLevel>3</fairValLevel>
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        <name>DIVERSEY HOLDINGS II (UK) LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEXUS BUYER LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-09</maturityDt>
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        <name>PACTIV EVERGREEN INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ARETEC GROUP INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>AMWINS GROUP INC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>ALTRA INDUSTRIAL MOTION CORP</name>
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        <name>HAWK HOLDING COMPANY LLC</name>
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        <title>Alterra Mountain Co.</title>
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        <name>TRANSUNION</name>
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        <invCountry>US</invCountry>
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        <name>CENGAGE LEARNING HOLDINGS II INC</name>
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        <title>Cengage Learning Acquisitions, Inc.</title>
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        <name>BERLIN PACKAGING LLC</name>
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        <title>Berlin Packaging LLC</title>
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        <name>SRAM INTERNATIONAL CORP</name>
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        <name>MATTERHORN BUYER LLC</name>
        <lei>549300B7GQ818BSKC852</lei>
        <title>Hearthside Group Holdings LLC</title>
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        <invCountry>US</invCountry>
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        <name>CELTIC INTERMEDIATE CORP</name>
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        <title>National Mentor Holdings, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ADT SECURITY CORP</name>
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        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX192168 1"/>
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        <curCd>USD</curCd>
        <valUSD>133497.60000000</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>2026-09-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>PHOENIX NEWCO INC</name>
        <lei>N/A</lei>
        <title>Phoenix Newco, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX196814 1"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250040.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VODAFONE GROUP PLC</name>
        <lei>N/A</lei>
        <title>Ziggo Financing Partnership</title>
        <cusip>N/A</cusip>
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          <isin value="XAN9833RAJ85"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>396668.00000000</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>2028-04-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.58000000</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>WW INTERNATIONAL INC</name>
        <lei>N/A</lei>
        <title>WW International, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX193859 1"/>
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        <balance>99750.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99563.47000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITED AIRLINES HOLDINGS INC</name>
        <lei>K1OQBWM7XEOO08LDNP29</lei>
        <title>United Airlines, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX194289 1"/>
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        <balance>81032.14000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81529.68000000</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>2028-04-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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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>
          <isin value="US92937JAM53"/>
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        <balance>375287.93000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>364614.74000000</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>4.75000000</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>ARGOS HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>PetSmart LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US71677HAL96"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>350500.50000000</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>2028-02-11</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOCKEY PARENT HOLDINGS LP</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB International Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US44332EAP16"/>
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        <balance>489898.98110000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>484951.00000000</valUSD>
        <pctVal>1.076165290355</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>2.88000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BURLINGTON STORES INC</name>
        <lei>549300SIFDMGE3Y2SW49</lei>
        <title>Burlington Stores, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX195667 1"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248957.50000000</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>2028-06-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.09000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RAVAGO HOLDINGS AMERICA INC</name>
        <lei>N/A</lei>
        <title>Ravago Holdings America, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX192665 1"/>
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        <balance>149250.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148503.75000000</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>2028-03-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.64000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MADISON INDUSTRIES US HOLDINGS CORP</name>
        <lei>549300ZA0D9WN5ECE978</lei>
        <title>Filtration Group Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US31732FAM86"/>
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        <balance>184520.68080000</balance>
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        <curCd>USD</curCd>
        <valUSD>183483.67000000</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>2025-03-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.08000000</annualizedRt>
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      <invstOrSec>
        <name>UNITED AIRLINES HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Mileage Plus Holdings LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US59921PAB22"/>
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        <balance>150500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>159812.94000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>W R GRACE HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>W.R. Grace Holdings LLC</title>
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          <other otherDesc="LoanX ID" value="LX196992 1"/>
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        <balance>100000.00000000</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>
        <debtSec>
          <maturityDt>2028-09-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>SAVAGE ENTERPRISES LLC</name>
        <lei>N/A</lei>
        <title>Savage Enterprises LLC</title>
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          <other otherDesc="LoanX ID" value="LX196907 1"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Variable</couponKind>
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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>
        <valUSD>412448.13000000</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>2028-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.58000000</annualizedRt>
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      <invstOrSec>
        <name>CATALENT INC</name>
        <lei>549300HALRZ339MSTH85</lei>
        <title>Catalent Pharma Solutions, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX192621 1"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499875.00000000</valUSD>
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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>2028-02-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>CLEAN HARBORS INC</name>
        <lei>N/A</lei>
        <title>Clean Harbors, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX198242 1"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>299874.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEXT LIMITED PARTNERSHIP INC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US64072UAE29"/>
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        <balance>505679.69160000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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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>
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          <isin value="US14314VAB99"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-17</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SIWF HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Springs Window Fashions</title>
        <cusip>N/A</cusip>
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          <isin value="US78489JAB08"/>
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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>2025-06-16</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CONVERGINT TECHNOLOGIES GROUP HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>DG Investment Intermediate Holdings 2, Inc.</title>
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          <isin value="US23344MAD02"/>
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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>2028-03-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>HILLMAN COMPANIES INC</name>
        <lei>BDPO7HREUXNPHVMSIT54</lei>
        <title>Hillman Group, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX192813 1"/>
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        <balance>209758.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209443.81000000</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>2028-07-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000000</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>493750.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.33000000</annualizedRt>
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      <invstOrSec>
        <name>BCPE EAGLE INTERMEDIATE HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>Aveanna Healthcare LLC</title>
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          <other otherDesc="LoanX ID" value="LX195993 1"/>
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        <balance>162264.15000000</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>2028-07-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PERATON HOLDING CORP</name>
        <lei>N/A</lei>
        <title>Peraton Corp.</title>
        <cusip>N/A</cusip>
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          <isin value="US71360HAB33"/>
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        <balance>298500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>298547.76000000</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>2028-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HILLMAN COMPANIES INC</name>
        <lei>BDPO7HREUXNPHVMSIT54</lei>
        <title>Hillman Group, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX192815 1"/>
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        <curCd>USD</curCd>
        <valUSD>4013.29000000</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>2028-07-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MERCURY BORROWER INC</name>
        <lei>N/A</lei>
        <title>AqGen Island Holdings, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX194867 1"/>
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        <balance>100000.00000000</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>2028-08-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>RYAN SPECIALTY GROUP LLC</name>
        <lei>N/A</lei>
        <title>Ryan Specialty Group LLC</title>
        <cusip>N/A</cusip>
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          <isin value="US78350UAE55"/>
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        <balance>395751.88660000</balance>
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        <curCd>USD</curCd>
        <valUSD>395356.13000000</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>2027-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>JBS SA</name>
        <lei>N/A</lei>
        <title>JBS USA Lux SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US46611VAU98"/>
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        <balance>466193.77720000</balance>
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        <curCd>USD</curCd>
        <valUSD>463914.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <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>2.08000000</annualizedRt>
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      <invstOrSec>
        <name>LIBERTY GLOBAL PLC</name>
        <lei>N/A</lei>
        <title>Telenet Financing USD LLC</title>
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          <other otherDesc="LoanX ID" value="LX185375 1"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-28</maturityDt>
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        <name>BP HOLDCO LLC</name>
        <lei>N/A</lei>
        <title>BP Holdco LLC</title>
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          <other otherDesc="Internal ID" value="BGH5ZXB51"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>3</fairValLevel>
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        <name>GTT COMMUNICATIONS INC</name>
        <lei>N/A</lei>
        <title>GTT Communications, Inc.</title>
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          <isin value="US36250LAP94"/>
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        <balance>332940.35000000</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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        <name>OSMOSIS HOLDINGS AUSTRALIA II PTY LTD</name>
        <lei>N/A</lei>
        <title>Osmosis Holdings Australia II Pty Ltd.</title>
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          <other otherDesc="LoanX ID" value="LX195536 1"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHARTER NEXT GENERATION INC</name>
        <lei>N/A</lei>
        <title>Charter Next Generation, Inc.</title>
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          <isin value="US16125TAJ16"/>
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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>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>NEXT LIMITED PARTNERSHIP INC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>Altice US Finance I Corp.</title>
        <cusip>N/A</cusip>
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          <isin value="US64072UAH59"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192075.00000000</valUSD>
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        <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>2.33000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BCP IV GRAFTECH HOLDINGS LP</name>
        <lei>N/A</lei>
        <title>GrafTech Finance, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <name>WEX INC</name>
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        <name>Pro Mach Group, Inc.</name>
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        <name>BEACON ROOFING SUPPLY INC</name>
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        <name>INFORMATICA HOLDCO 2 LLC</name>
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        <name>TCB HOLDINGS I CORP</name>
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        <name>KKR SIGMA AGGREGATOR LP</name>
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        <title>Sigma Holding BV (Flora Food)</title>
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        <name>KRONOS ACQUISITION HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Kronos Acquisition Holdings, Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="US49387TAW62"/>
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        <balance>149250.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145412.78000000</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>2026-12-22</maturityDt>
          <couponKind>Variable</couponKind>
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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>
      <invstOrSec>
        <name>INEOS QUATTRO FINANCE 2 PLC</name>
        <lei>N/A</lei>
        <title>INEOS Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX192042 1"/>
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        <balance>149625.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149625.00000000</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>2026-01-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000000</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>
      <invstOrSec>
        <name>FOCUS FINANCIAL PARTNERS INC</name>
        <lei>N/A</lei>
        <title>Focus Financial Partners LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX185196 1"/>
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        <balance>395907.92230000</balance>
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        <curCd>USD</curCd>
        <valUSD>392772.33000000</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>2024-07-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.08000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TCB HOLDINGS I CORP</name>
        <lei>N/A</lei>
        <title>TricorBraun Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX192255U 1"/>
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        <balance>-24177.50890000</balance>
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        <curCd>USD</curCd>
        <valUSD>-147.97000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONVERGINT TECHNOLOGIES GROUP HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>DG Investment Intermediate Holdings 2, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX193314 1"/>
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        <balance>164954.55010000</balance>
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        <curCd>USD</curCd>
        <valUSD>165513.75000000</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>2028-03-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</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>
      <invstOrSec>
        <name>ICON LUXEMBOURG SARL</name>
        <lei>N/A</lei>
        <title>Icon Luxembourg SARL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX195616 1"/>
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        <balance>159708.52000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>160217.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WARBURG PINCUS LLC</name>
        <lei>N/A</lei>
        <title>Engineered Machinery Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX197003 1"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>348978.00000000</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>2028-05-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</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>
      <invstOrSec>
        <name>API HEAT TRANSFER THERMASYS CORP</name>
        <lei>N/A</lei>
        <title>API Heat Transfer</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US00189AAB61"/>
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        <balance>195373.46320000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68380.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TRANSDIGM GROUP INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX185456 1"/>
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        <balance>490003.16230000</balance>
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        <curCd>USD</curCd>
        <valUSD>483829.12000000</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>2025-05-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.33000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CAMBRIDGE INFORMATION GROUP INC</name>
        <lei>549300HEWVTWR2ZQ4F35</lei>
        <title>ProQuest LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US74347CAL46"/>
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        <balance>251546.20930000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>251254.42000000</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>2026-10-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.33000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PLAYTIKA HOLDING CORP</name>
        <lei>N/A</lei>
        <title>Playtika Holding Corp.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX193198 1"/>
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        <balance>448872.18050000</balance>
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        <curCd>USD</curCd>
        <valUSD>448513.08000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.83000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <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="US03021BAJ35"/>
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        <balance>57427.11600000</balance>
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        <curCd>USD</curCd>
        <valUSD>57312.26000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.00000000</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 Parent LLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="BGH5X3PU9"/>
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        <balance>292731.00000000</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>SPDR Blackstone Senior Loan ET</name>
        <lei>549300ME4SR63Y3TRD06</lei>
        <title>SPDR Blackstone Senior Loan ETF</title>
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          <isin value="US78467V6083"/>
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        <balance>24000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1104480.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TCB HOLDINGS I CORP</name>
        <lei>N/A</lei>
        <title>TricorBraun Holdings, Inc.</title>
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          <other otherDesc="LoanX ID" value="LX192255 1"/>
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        <balance>12547.82110000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-03</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RENT-A-CENTER INC/TX</name>
        <lei>N/A</lei>
        <title>Rent-A-Center, Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="US76009WAV28"/>
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        <balance>99750.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100373.44000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASPLUNDH TREE EXPERT LLC</name>
        <lei>N/A</lei>
        <title>Asplundh Tree Expert LLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="LoanX ID" value="LX192678 1"/>
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        <balance>495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>493074.45000000</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>2027-09-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.83000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FLUTTER ENTERTAINMENT PLC</name>
        <lei>N/A</lei>
        <title>Stars Group (Amaya)</title>
        <cusip>N/A</cusip>
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          <isin value="XAN8233BAC62"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>448312.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ATD CORP</name>
        <lei>HZ8T88YVE2JVXJ0BTQ24</lei>
        <title>American Tire Distributors, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US03021BAE48"/>
        </identifiers>
        <balance>508657.32030000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508102.88000000</valUSD>
        <pctVal>1.127542129793</pctVal>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABC SUPPLY HOLDING CORP</name>
        <lei>N/A</lei>
        <title>American Builders &amp; Contractors Supply Co., Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX183712 1"/>
        </identifiers>
        <balance>441000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>437851.26000000</valUSD>
        <pctVal>0.971645234983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.08000000</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>MCGRAW HILL LLC</name>
        <lei>N/A</lei>
        <title>McGraw Hill LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX196470 1"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>350749.00000000</valUSD>
        <pctVal>0.778354719191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</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>POLARIS NEWCO LLC</name>
        <lei>N/A</lei>
        <title>Polaris Newco LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX195131 1"/>
        </identifiers>
        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150282.00000000</valUSD>
        <pctVal>0.333494048192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</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>BALBOA INTERMEDIATE HOLDINGS LLC</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>TIBCO Software, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX185825 1"/>
        </identifiers>
        <balance>136275.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135168.45000000</valUSD>
        <pctVal>0.299955241335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.84000000</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>PROJECT RUBY ULTIMATE PARENT CORP</name>
        <lei>N/A</lei>
        <title>Project Ruby Ultimate Parent Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX193028 1"/>
        </identifiers>
        <balance>199000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>198689.56000000</valUSD>
        <pctVal>0.440916315314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENERGIZER HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>Energizer Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX191388 1"/>
        </identifiers>
        <balance>149250.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>149063.44000000</valUSD>
        <pctVal>0.330789915247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.75000000</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>2021-11-01</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>
