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        <name>Aurora Innovation Inc</name>
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        <name>Autodesk Inc</name>
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        <name>Avantor Funding Inc</name>
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      <invstOrSec>
        <name>Avery Dennison Corp</name>
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        <name>Bank of America Corp</name>
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        <assetCat>EC</assetCat>
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        <name>Becton Dickinson &amp; Co</name>
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        <name>Biogen Inc</name>
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        <name>Biogen Inc</name>
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      <invstOrSec>
        <name>Biogen Inc</name>
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          <maturityDt>2050-05-01</maturityDt>
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        <name>Booz Allen Hamilton Inc</name>
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        <name>Booz Allen Hamilton Inc</name>
        <lei>549300D7XCH2480XU542</lei>
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        <name>Booz Allen Hamilton Inc</name>
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        <name>Broadcom Inc</name>
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        <name>Broadcom Inc</name>
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        <name>BroadStreet Partners Inc</name>
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        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
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        <name>Cigna Group/The</name>
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        <name>CME Group Inc</name>
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        <name>CMS Energy Corp</name>
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        <name>CSX Corp</name>
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        <name>Canadian Natural Resources Ltd</name>
        <lei>549300T15RIMIKZC5Q38</lei>
        <title>CANADIAN NATURAL RESOURCES LTD</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cardinal Health Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Carlisle Cos Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CenterPoint Energy Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Charles River Laboratories International Inc</name>
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      <invstOrSec>
        <name>Charles River Laboratories International Inc</name>
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      <invstOrSec>
        <name>Colgate-Palmolive Co</name>
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        <name>Crown Castle Inc</name>
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        <name>DTE Energy Co</name>
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        <name>Danaher Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Dover Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EOG Resources Inc</name>
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        <name>RenaissanceRe Holdings Ltd</name>
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        <name>Ellucian Holdings Inc</name>
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        <name>Evergy Inc</name>
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        <name>Exelon Corp</name>
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        <name>Exxon Mobil Corp</name>
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        <name>Meta Platforms Inc</name>
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        <name>Fiserv Inc</name>
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        <name>Fortive Corp</name>
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        <name>GE HealthCare Technologies Inc</name>
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        <name>Gartner Inc</name>
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        <name>Howmet Aerospace Inc</name>
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        <name>HUB International Ltd</name>
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        <name>IQVIA Inc</name>
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        <name>Lam Research Corp</name>
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      <invstOrSec>
        <name>Lockheed Martin Corp</name>
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        <name>Lockheed Martin Corp</name>
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        <name>MSCI Inc</name>
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        <name>MSCI Inc</name>
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          <maturityDt>2031-02-15</maturityDt>
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        <name>MSCI Inc</name>
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          <maturityDt>2031-11-01</maturityDt>
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      <invstOrSec>
        <name>MSCI Inc</name>
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        <name>Marsh &amp; McLennan Cos Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Marriott International Inc/MD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Marriott International Inc/MD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mastercard Inc</name>
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        <name>McDonald s Corp</name>
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        <name>Mettler-Toledo International Inc</name>
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        <name>Microsoft Corp</name>
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        <name>Middleby Corp/The</name>
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        <name>Mondelez International Inc</name>
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        <name>Morgan Stanley</name>
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        <name>NiSource Inc</name>
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        <name>Northrop Grumman Corp</name>
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        <name>Northrop Grumman Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NVIDIA Corp</name>
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          <isin value="US67066G1040"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>O Reilly Automotive Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PTC Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PTC Inc</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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      <invstOrSec>
        <name>Parker-Hannifin Corp</name>
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          <isin value="US7010941042"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Paychex Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PepsiCo Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Revvity Inc</name>
        <lei>549300IKL1SDPFI7N655</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Procter &amp; Gamble Co/The</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>RPM International Inc</name>
        <lei>549300TJCKW4BRXPJ474</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Raymond James Financial Inc</name>
        <lei>RGUZHJ05YTITL6D76949</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>RTX Corp</name>
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        <name>RTX Corp</name>
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        <name>Republic Services Inc</name>
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        <name>T. Rowe Price Government Reserve Fund</name>
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        <name>Roper Technologies Inc</name>
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        <name>SBA Communications Corp</name>
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        <name>SBA Communications Corp</name>
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        <name>Salesforce Inc</name>
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        <assetCat>EC</assetCat>
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        <name>Service Corp International/US</name>
        <lei>549300RKVM2ME20JHZ15</lei>
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        <name>Service Corp International/US</name>
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        <name>Service Corp International/US</name>
        <lei>549300RKVM2ME20JHZ15</lei>
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      <invstOrSec>
        <name>Snap-on Inc</name>
        <lei>HHWAT5TDOYZMM26KKQ73</lei>
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      <invstOrSec>
        <name>Stifel Financial Corp</name>
        <lei>549300E5F07FE5GHJX84</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Stryker Corp</name>
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          <isin value="US8636671013"/>
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        <balance>2060.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>766835.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>T-Mobile US Inc</name>
        <lei>549300QHIJYOHPACPG31</lei>
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          <isin value="US8725901040"/>
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        <balance>3660.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Teledyne Technologies Inc</name>
        <lei>549300VSMO9KYQWDND94</lei>
        <title>TELEDYNE TECHNOLOGIES INC</title>
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          <isin value="US8793601050"/>
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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>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Thermo Fisher Scientific Inc</name>
        <lei>HCHV7422L5HDJZCRFL38</lei>
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          <isin value="US8835561023"/>
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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>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TopBuild Corp</name>
        <lei>5493007YSKHOL4RWII46</lei>
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        <cusip>89055F103</cusip>
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          <isin value="US89055F1030"/>
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        <balance>1174.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>358011.300000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC</title>
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          <isin value="US893647BP15"/>
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        <balance>670000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>633150.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.6250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC</title>
        <cusip>893647BT3</cusip>
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          <isin value="US893647BT37"/>
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        <balance>580000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>596675.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.1250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY NOTE/BOND</title>
        <cusip>91282CJJ1</cusip>
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          <isin value="US91282CJJ18"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.5000000</annualizedRt>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY NOTE/BOND</title>
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          <isin value="US91282CJZ59"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY NOTE/BOND</title>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>United States Treasury Note/Bond</name>
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        <name>UnitedHealth Group Inc</name>
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        <name>Veralto Corp</name>
        <lei>635400FJE6GSOJUSNY27</lei>
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        <name>VeriSign Inc</name>
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        <name>VICI Properties LP / VICI Note Co Inc</name>
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        <name>VICI Properties LP / VICI Note Co Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VICI Properties LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI PROPERTIES LP</title>
        <cusip>925650AD5</cusip>
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          <isin value="US925650AD55"/>
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        <balance>421000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>411424.360000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.1250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Visa Inc</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC</title>
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          <isin value="US92826C8394"/>
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        <balance>4824.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1690619.040000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WEC Energy Group Inc</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC ENERGY GROUP INC</title>
        <cusip>92939U106</cusip>
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          <isin value="US92939U1060"/>
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        <balance>3455.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376525.900000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Waste Connections Inc</name>
        <lei>549300HDLRTPBQU69P29</lei>
        <title>WASTE CONNECTIONS INC</title>
        <cusip>94106B101</cusip>
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          <isin value="CA94106B1013"/>
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        <balance>4701.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>917588.190000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Waste Management Inc</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>WASTE MANAGEMENT INC</title>
        <cusip>94106L109</cusip>
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          <isin value="US94106L1098"/>
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        <balance>4006.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>927429.060000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Workday Inc</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WORKDAY INC</title>
        <cusip>98138H101</cusip>
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          <isin value="US98138H1014"/>
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        <balance>3332.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>778121.960000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Workday Inc</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WORKDAY INC</title>
        <cusip>98138HAJ0</cusip>
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          <isin value="US98138HAJ05"/>
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        <balance>985000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>908847.680000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.8000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yum  Brands Inc</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS INC</title>
        <cusip>988498101</cusip>
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          <isin value="US9884981013"/>
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        <balance>9086.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1429772.960000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yum  Brands Inc</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS INC</title>
        <cusip>988498AD3</cusip>
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          <isin value="US988498AD34"/>
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        <balance>557000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>593205.000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.8750000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yum  Brands Inc</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS INC</title>
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        <curCd>USD</curCd>
        <valUSD>626640.000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-01</maturityDt>
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      <invstOrSec>
        <name>Yum  Brands Inc</name>
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        <title>YUM! BRANDS INC</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Yum  Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Yum  Brands Inc</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-31</maturityDt>
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      <invstOrSec>
        <name>Yum  Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Zoetis Inc</name>
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        <title>ZOETIS INC</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Accenture PLC</name>
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        <title>ACCENTURE PLC</title>
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        <balance>913.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>284892.520000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>NXP Semiconductors NV</name>
        <lei>724500M9BY5293JDF951</lei>
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        <balance>4186.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>795591.160000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABBVIE INC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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                <issuerName>AbbVie Inc</issuerName>
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      <invstOrSec>
        <name>ABBOTT LABORATORIES</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>Abbott Laboratories</issuerName>
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            <shareNo>100.000000</shareNo>
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        <name>PROCTER &amp; GAMBLE CO/THE</name>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <name>EXXON MOBIL CORPORATION</name>
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        <name>RTX CORP</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <ticker value="RTX 1 C135"/>
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        <balance>-37.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-41625.000000</valUSD>
        <pctVal>-0.0159703582</pctVal>
        <payoffProfile>N/A</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTC BARCLAYS BANK PLC</counterpartyName>
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            <putOrCall>Call</putOrCall>
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            <shareNo>100.000000</shareNo>
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      </invstOrSec>
      <invstOrSec>
        <name>MCDONALD'S CORP</name>
        <lei>N/A</lei>
        <title>MCD US 09/19/25 C340</title>
        <cusip>000000000</cusip>
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          <ticker value="MCD 9 C340"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-18900.000000</valUSD>
        <pctVal>-0.0072514059</pctVal>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTC CITIBANK N A</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>MCDONALD'S CORP</issuerName>
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            <shareNo>100.000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>2028.000000</unrealizedAppr>
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      <invstOrSec>
        <name>SBA COMMUNICATIONS CORP</name>
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        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTC JP MORGAN CHASE BANK</counterpartyName>
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            <putOrCall>Call</putOrCall>
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            <shareNo>100.000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-9660.000000</unrealizedAppr>
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      <invstOrSec>
        <name>T-MOBILE US INC</name>
        <lei>N/A</lei>
        <title>TMUS US 08/15/25 C280</title>
        <cusip>000000000</cusip>
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          <ticker value="TMUS 8 C280"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-47340.000000</valUSD>
        <pctVal>-0.0181630452</pctVal>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>WELLS FARGO BANK, NATIONAL ASSOCIATION</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
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                <issuerName>T-Mobile US Inc</issuerName>
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            <shareNo>100.000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-2268.000000</unrealizedAppr>
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      <invstOrSec>
        <name>STERIS PLC</name>
        <lei>N/A</lei>
        <title>STERIS PLC</title>
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          <isin value="IE00BFY8C754"/>
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        <balance>1835.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Trans Union LLC</name>
        <lei>X8NPN6PWJOM1QCTYFV34</lei>
        <title>TRANS UNION LLC</title>
        <cusip>89334GAX2</cusip>
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        <balance>233210.246000</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>2026-11-16</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Loire Finco Luxembourg Sarl</name>
        <lei>N/A</lei>
        <title>LOIRE FINCO LUXEMBOURG SARL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="LGCLTD"/>
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        <balance>1579209.382000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1572797.790000</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>2027-04-21</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>SkyMiles IP Ltd</name>
        <lei>2549008L7P4I8VB90936</lei>
        <title>SKYMILES IP LTD</title>
        <cusip>24736CBS2</cusip>
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          <isin value="US24736CBS26"/>
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        <balance>550368.354000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>AssuredPartners Inc</name>
        <lei>549300HNDSDQWQ3L2P80</lei>
        <title>ASSUREDPARTNERS INC</title>
        <cusip>04621HAW3</cusip>
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          <ticker value="ASSPAR"/>
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        <balance>1582448.481000</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>2031-02-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.8249200</annualizedRt>
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      <invstOrSec>
        <name>ICON Luxembourg Sarl</name>
        <lei>635400PUWMHSPI2DDA35</lei>
        <title>ICON LUXEMBOURG SARL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAL5000DAE75"/>
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        <balance>1369095.678000</balance>
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        <curCd>USD</curCd>
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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>Floating</couponKind>
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        <name>TIH Insurance Holdings LLC</name>
        <lei>N/A</lei>
        <title>TRUIST INSURANCE HOLDINGS LLC</title>
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        <balance>11275.354000</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>2032-05-06</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC</title>
        <cusip>89364MCC6</cusip>
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        <balance>1234838.799000</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>2028-08-24</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC</title>
        <cusip>89364MCB8</cusip>
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        <balance>1187078.146000</balance>
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        <curCd>USD</curCd>
        <valUSD>1184620.890000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.0491700</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Avantor Funding Inc</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>AVANTOR FUNDING INC</title>
        <cusip>05350NAP9</cusip>
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        <balance>81273.802000</balance>
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        <curCd>USD</curCd>
        <valUSD>81262.420000</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>2027-11-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.4249200</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>BroadStreet Partners Inc</name>
        <lei>549300BS9N54G8DD0R75</lei>
        <title>BROADSTREET PARTNERS INC</title>
        <cusip>11132V9D3</cusip>
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          <isin value="US11132VAX73"/>
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        <balance>1733135.049000</balance>
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        <curCd>USD</curCd>
        <valUSD>1716583.610000</valUSD>
        <pctVal>0.6586055282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.3249200</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>Informatica LLC</name>
        <lei>5493007SV33RZV7RPS40</lei>
        <title>INFORMATICA LLC</title>
        <cusip>45673YAL0</cusip>
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          <isin value="US45673YAL02"/>
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        <balance>421646.615000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>421119.560000</valUSD>
        <pctVal>0.1615718970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.5749200</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>Hilton Domestic Operating Co Inc</name>
        <lei>5493003EG7H0N1E4XV50</lei>
        <title>HILTON DOMESTIC OPERATIN</title>
        <cusip>43289D9A3</cusip>
        <identifiers>
          <ticker value="HLT"/>
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        <balance>3033000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3028693.140000</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>2030-11-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.0701100</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>
      <invstOrSec>
        <name>Icon Parent Inc</name>
        <lei>N/A</lei>
        <title>ICON PARENT INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="INST"/>
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        <balance>657000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>651507.480000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.3150400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Icon Parent Inc</name>
        <lei>N/A</lei>
        <title>ICON PARENT INC</title>
        <cusip>45115MAB4</cusip>
        <identifiers>
          <ticker value="INST"/>
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        <balance>312000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>311610.000000</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>2032-09-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.3150400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ryan Specialty LLC</name>
        <lei>549300K52N7QBO3PYY45</lei>
        <title>RYAN SPECIALTY</title>
        <cusip>78350UAJ4</cusip>
        <identifiers>
          <ticker value="RYASPE"/>
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        <balance>573368.056000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>570931.240000</valUSD>
        <pctVal>0.2190504842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.5749200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Four Seasons Hotels Ltd</name>
        <lei>5493009FUVX8LHYY2202</lei>
        <title>FOUR SEASONS HOTELS LTD</title>
        <cusip>35100DAV8</cusip>
        <identifiers>
          <isin value="XA35100DAV84"/>
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        <balance>1082027.698000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1080848.290000</valUSD>
        <pctVal>0.4146915156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.0749200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SBA Senior Finance II LLC</name>
        <lei>549300PVT2ADFWMYEW87</lei>
        <title>SBA SENIOR FINANCE II LLC</title>
        <cusip>78404X9A5</cusip>
        <identifiers>
          <ticker value="SBAC"/>
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        <balance>2770081.404000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2766480.300000</valUSD>
        <pctVal>1.0614217733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.0800000</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>CPI Holdco B LLC</name>
        <lei>N/A</lei>
        <title>CPI HOLDCO B LLC</title>
        <cusip>1261MAAC4</cusip>
        <identifiers>
          <isin value="US1261MAAC42"/>
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        <balance>559000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>554460.920000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.5749200</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>UKG Inc</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG INC</title>
        <cusip>89841EAB1</cusip>
        <identifiers>
          <ticker value="ULTI"/>
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        <balance>1282852.391000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1279452.830000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.2998400</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>Ellucian Holdings Inc</name>
        <lei>549300RP8NIJ7FY7OS79</lei>
        <title>ELLUCIAN HOLDINGS INC</title>
        <cusip>28917XAB6</cusip>
        <identifiers>
          <ticker value="DAEL"/>
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        <balance>740000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>738016.800000</valUSD>
        <pctVal>0.2831565801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.3249200</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>Azalea Topco Inc</name>
        <lei>549300HC42NZULO53062</lei>
        <title>AZALEA TOPCO INC</title>
        <cusip>05477JAD3</cusip>
        <identifiers>
          <isin value="US05477JAD37"/>
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        <balance>671956.667000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>667898.050000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.5749200</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>IRB Holding Corp</name>
        <lei>549300HVW4WNWYBXN830</lei>
        <title>IRB HOLDING CORP</title>
        <cusip>44988LAL1</cusip>
        <identifiers>
          <isin value="US44988LAL18"/>
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        <balance>855441.414000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>849521.760000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.8249200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Epicor Software Corp</name>
        <lei>JGNXVGGGXR4O1L5I7S73</lei>
        <title>EPICOR SOFTWARE CORP</title>
        <cusip>29426NAZ7</cusip>
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          <ticker value="EGLPT"/>
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        <balance>770674.199000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.0749200</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>USI Inc/NY</name>
        <lei>2549006D7UF7072T7I27</lei>
        <title>USI INC/NY</title>
        <cusip>90351NAR6</cusip>
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        <balance>897950.840000</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>2029-11-23</maturityDt>
          <couponKind>Floating</couponKind>
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          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USI Inc/NY</name>
        <lei>2549006D7UF7072T7I27</lei>
        <title>USI INC/NY</title>
        <cusip>90351NAQ8</cusip>
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          <isin value="US90351NAQ88"/>
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        <balance>450984.982000</balance>
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        <curCd>USD</curCd>
        <valUSD>446222.580000</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>2030-09-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.5491700</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Filtration Group Corp</name>
        <lei>549300ZA0D9WN5ECE978</lei>
        <title>FILTRATION GROUP CORP</title>
        <cusip>31732FAV8</cusip>
        <identifiers>
          <ticker value="FILGRO"/>
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        <balance>3569344.042000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3562669.370000</valUSD>
        <pctVal>1.3668974401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.3249200</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>HUB International Ltd</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB INTERNATIONAL LTD</title>
        <cusip>44332EAZ9</cusip>
        <identifiers>
          <ticker value="HBGCN"/>
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        <balance>2261106.276000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2249891.190000</valUSD>
        <pctVal>0.8632208574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.7868900</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>CCC Intelligent Solutions Inc</name>
        <lei>5493006JEEL9RIWY5T17</lei>
        <title>CCC INTELLIGENT SOLUTION</title>
        <cusip>12511BAC6</cusip>
        <identifiers>
          <ticker value="CCCS"/>
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        <balance>394902.310000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>393915.050000</valUSD>
        <pctVal>0.1511342809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.3249200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>AmWINS Group Inc</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>AMWINS GROUP INC</title>
        <cusip>03234TBA5</cusip>
        <identifiers>
          <ticker value="AMWINS"/>
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        <balance>597502.500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>592250.450000</valUSD>
        <pctVal>0.2272300738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.5749200</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>Applied Systems Inc</name>
        <lei>549300NSKGF0SY5SWQ62</lei>
        <title>APPLIED SYSTEMS INC</title>
        <cusip>03827FBD2</cusip>
        <identifiers>
          <isin value="US03827FBD24"/>
        </identifiers>
        <balance>4834987.507000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4830684.370000</valUSD>
        <pctVal>1.8533996320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.0491700</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>Applied Systems Inc</name>
        <lei>549300NSKGF0SY5SWQ62</lei>
        <title>APPLIED SYSTEMS INC</title>
        <cusip>03827FBC4</cusip>
        <identifiers>
          <ticker value="APPSYS"/>
        </identifiers>
        <balance>912000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>930732.480000</valUSD>
        <pctVal>0.3570962422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.7991700</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>Mariner Wealth Advisors LLC</name>
        <lei>549300XJJOOU336E5R24</lei>
        <title>MARINER LLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="MARHOL"/>
        </identifiers>
        <balance>381044.694000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>379497.650000</valUSD>
        <pctVal>0.1456027244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.7991700</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>Varsity Brands Inc</name>
        <lei>254900PLBJA0I5NSTT38</lei>
        <title>VARSITY BRANDS INC</title>
        <cusip>92227QAF3</cusip>
        <identifiers>
          <isin value="US92227QAF37"/>
        </identifiers>
        <balance>1259000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1231855.960000</valUSD>
        <pctVal>0.4726289710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.8185200</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>TE Connectivity PLC</name>
        <lei>6367003TB6K484NFHE54</lei>
        <title>TE CONNECTIVITY PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE000IVNQZ81"/>
        </identifiers>
        <balance>3800.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>537016.000000</valUSD>
        <pctVal>0.2060381471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>AH PARENT,INC. SER A PREFERRED SHARES PP</title>
        <cusip>TC3I9NQ04</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="10134609"/>
        </identifiers>
        <balance>745.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>727917.150000</valUSD>
        <pctVal>0.2792816244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
