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        <name>BALBOA BAY LOAN FUNDING 2025-1 LTD</name>
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      <invstOrSec>
        <name>UNIT CORP</name>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>SOUTHERN NAT GAS CO LLC</name>
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      <invstOrSec>
        <name>HILCORP ENERGY I LP/FIN CO</name>
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      <invstOrSec>
        <name>CELSIUS HOLDINGS INC</name>
        <lei>N/A</lei>
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        <name>CONSOLIDATED ENERGY FINANCE SA</name>
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        <cusip>20914UAH9</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>

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          <maturityDt>2031-02-15</maturityDt>
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        <name>ARTERA SERVICES LLC</name>
        <lei>549300J2G34D0WX8Z443</lei>
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        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>C AND S GROUP ENTERPRISES LLC</name>
        <lei>N/A</lei>
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        <cusip>12467AAF5</cusip>
        <identifiers>
          <isin value="US12467AAF57"/>
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        <balance>5155000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COHERENT CORP</name>
        <lei>549300O5C25A0MMHHU33</lei>
        <title>COHERENT CORP</title>
        <cusip>19247G107</cusip>
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          <isin value="US19247G1076"/>
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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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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 6.125%/VAR PERP</title>
        <cusip>95002YAE3</cusip>
        <identifiers>
          <isin value="US95002YAE32"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CNX RESOURCES CORP</name>
        <lei>549300JK3KH8PWM3B226</lei>
        <title>CNX RESOURCES CORP 7.375% 01/15/2031 144A</title>
        <cusip>12653CAK4</cusip>
        <identifiers>
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        <balance>2885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2954684.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>CLYDESDALE ACQUISITION HOLDINGS INC</name>
        <lei>254900QKSDYFR3K5YD98</lei>
        <title>CLYDESDALE ACQUISITION HOLDINGS INC 6.75% 04/15/2032 144A</title>
        <cusip>18972EAD7</cusip>
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        <curCd>USD</curCd>
        <valUSD>3833890.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORACLE CORP 3.8% 11/15/2037</title>
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        <curCd>USD</curCd>
        <valUSD>3387537.95000000</valUSD>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM 30YR 6% 09/01/2053#RA9856</title>
        <cusip>3133KR5R1</cusip>
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        <curCd>USD</curCd>
        <valUSD>252216.76000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>ONEMAIN HLDGS INC</name>
        <lei>549300E3VEW8SMS5XW09</lei>
        <title>ONEMAIN HOLDINGS INC</title>
        <cusip>68268W103</cusip>
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          <isin value="US68268W1036"/>
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        <curCd>USD</curCd>
        <valUSD>18236127.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>STRATEGY INC</name>
        <lei>549300WQTWEJUEHXQX21</lei>
        <title>STRATEGY INC STEP PERP PFD</title>
        <cusip>594972853</cusip>
        <identifiers>
          <isin value="US5949728530"/>
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        <curCd>USD</curCd>
        <valUSD>26880615.46000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>AMWINS GROUP INC</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>AMWINS GROUP INC 4.875% 06/30/2029 144A</title>
        <cusip>031921AB5</cusip>
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          <isin value="US031921AB57"/>
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        <curCd>USD</curCd>
        <valUSD>3955511.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOPBUILD CORP</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>TOPBUILD CORP 3.625% 03/15/2029 144A</title>
        <cusip>89055FAB9</cusip>
        <identifiers>
          <isin value="US89055FAB94"/>
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        <balance>3030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3030000.00000000</valUSD>
        <pctVal>0.018951871917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>MINERAL RESOURCES LTD</name>
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        <name>CLEARWAY ENERGY OPERATING LLC</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>DISCOVERY PURCHASER CORPORATION</name>
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        <title>ENVU TERM B 1LN 10/04/2029</title>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <name>EDISON INTERNATIONAL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>3140W0MB8</cusip>
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        <name>ORION US FINCO INC</name>
        <lei>N/A</lei>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>3140Y6UB4</cusip>
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        <name>UNIVISION COMMUNICATIONS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KKR and CO INC</name>
        <lei>54930013V5I303TF9571</lei>
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        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>180 MEDICAL INC</name>
        <lei>254900ZB648OPWVFVX59</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>ZIGGO BV</name>
        <lei>213800TQASLF9JXH5J59</lei>
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        <cusip>98955DAA8</cusip>
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        <balance>4805000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>912810TZ1</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>STS OPERATING INC</name>
        <lei>549300HW5C2VGPZCHL57</lei>
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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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          <couponKind>Variable</couponKind>
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        <name>ERO COPPER CORP</name>
        <lei>549300KL8A21SEIO8I47</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FLATIRON RR CLO 30 LTD</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <name>TTM TECHNOLOGIES INC</name>
        <lei>549300SC4BDOIS008048</lei>
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          <isin value="US87305RAK59"/>
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        <name>VENTURE GLOBAL PLAQUEMINES LNG LLC</name>
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        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>912810TN8</cusip>
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          <isin value="US912810TN81"/>
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        <curCd>USD</curCd>
        <valUSD>65907045.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>FNMA/FHLG TBA ISSUER</name>
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        <title>UMBS 30YR 4% 07/01/2056 #TBA</title>
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        <identifiers>
          <isin value="US01F0406771"/>
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        <curCd>USD</curCd>
        <valUSD>-13990510.56000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC</name>
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      <invstOrSec>
        <name>SUNOCO LP / SUNOCO FIN CORP</name>
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          <couponKind>Fixed</couponKind>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>NAKED JUICE LLC</name>
        <lei>549300Y5TU1XQ1KVLJ64</lei>
        <title>TROPICANA TERM EXCH FLSO FL20 01/24/2029</title>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
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        <name>SOMNIGROUP INTERNATIONAL INC</name>
        <lei>549300HFEKVR3US71V91</lei>
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        <name>SIRIUS XM RADIO INC</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <name>EUREX DEUTSCHLAND</name>
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        <identifiers>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>EG GLOBAL FINANCE PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>A and K TRAVEL GROUP HOLDINGS LTD</name>
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        <cusip>00039UAA6</cusip>
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        <balance>5265000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
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        <name>TALEN ENERGY SUPPLY LLC</name>
        <lei>K5K33XN0PQAU1XF7NN66</lei>
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        <cusip>87422VAM0</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CARNIVAL CORP LTD</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CARNIVAL CORP LTD 4% 08/01/2028 144A</title>
        <cusip>143658BQ4</cusip>
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        <balance>26560000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PREMIER ENTERTAINMENT SU</name>
        <lei>N/A</lei>
        <title>PREMIER ENTERTAINMENT SU 5.625% 09/01/2029 144A</title>
        <cusip>74052HAA2</cusip>
        <identifiers>
          <isin value="US74052HAA23"/>
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        <balance>5095000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3543820.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
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      <invstOrSec>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
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        <balance>81500000.00000000</balance>
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        <assetCat>DIR</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>HILTON DOMESTIC OPERATING CO INC</name>
        <lei>5493003EG7H0N1E4XV50</lei>
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        <cusip>432833AT8</cusip>
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      <invstOrSec>
        <name>ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV</name>
        <lei>N/A</lei>
        <title>ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV 5.125% 04/30/2031 144A</title>
        <cusip>68622TAB7</cusip>
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          <isin value="US68622TAB70"/>
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        <balance>8890000.00000000</balance>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHURCHILL DOWNS INC</name>
        <lei>529900FODTBQC8MIS994</lei>
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        <cusip>171484AJ7</cusip>
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          <isin value="US171484AJ78"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 4.25% 06/30/2029</title>
        <cusip>91282CKX8</cusip>
        <identifiers>
          <isin value="US91282CKX82"/>
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        <balance>42740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42841699.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FIESTA PURCHASER INC</name>
        <lei>N/A</lei>
        <title>FIESTA PURCHASER INC 7.875% 03/01/2031 144A</title>
        <cusip>31659AAA4</cusip>
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          <isin value="US31659AAA43"/>
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        <balance>5015000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5058534.71000000</valUSD>
        <pctVal>0.031639835615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07875000</annualizedRt>
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      <invstOrSec>
        <name>TEINE ENERGY LTD</name>
        <lei>894500JBC83AX7PYEU16</lei>
        <title>TEINE ENERGY LTD 6.875% 04/15/2029 144A</title>
        <cusip>879068AB0</cusip>
        <identifiers>
          <isin value="US879068AB03"/>
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        <balance>4420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4423116.10000000</valUSD>
        <pctVal>0.027665455380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>VISTRA OPERATIONS CO LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AVALARA INC</name>
        <lei>549300Q16CMW239SS315</lei>
        <title>AVALARA TERM B 1LN 03/29/2032</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PREMIER ENTERTAINMENT SU</name>
        <lei>N/A</lei>
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        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <name>STATE STREET BANK AND TRUST COMPANY</name>
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        <name>VENTURE GLOBAL PLAQUEMINES LNG LLC</name>
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        <title>VENTURE GLOBAL PLAQUEMINES LNG LLC 7.5% 05/01/2033 144A</title>
        <cusip>922966AA4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT SOFR30A+53 06/25/2030</title>
        <cusip>3137HMCF5</cusip>
        <identifiers>
          <isin value="US3137HMCF55"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 3.347% 11/25/2026</title>
        <cusip>3137BTUM1</cusip>
        <identifiers>
          <isin value="US3137BTUM12"/>
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        <curCd>USD</curCd>
        <valUSD>59668012.76000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03347000</annualizedRt>
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      <invstOrSec>
        <name>TRIDENT TPI HLDGS INC</name>
        <lei>549300CDIWH76BWR6804</lei>
        <title>TRIDENT TPI HLDGS INC 12.75% 12/31/2028 144A</title>
        <cusip>89616RAC3</cusip>
        <identifiers>
          <isin value="US89616RAC34"/>
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        <balance>2765000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2768555.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC</name>
        <lei>N/A</lei>
        <title>ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC 6.25% 01/30/2031 144A</title>
        <cusip>03969YAD0</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NEXTERA ENERGY OPERATING PARTNERS LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
        <title>NEXTERA ENERGY OPERATING PARTNERS LP 7.25% 01/15/2029 144A</title>
        <cusip>65342QAM4</cusip>
        <identifiers>
          <isin value="US65342QAM42"/>
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        <balance>2675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2767921.48000000</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>0.07250000</annualizedRt>
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        <name>BAUSCH + LOMB CORP</name>
        <lei>549300NY6OZM39SO6475</lei>
        <title>BAUSCH + LOMB CORP 8.375% 10/01/2028 144A</title>
        <cusip>071705AA5</cusip>
        <identifiers>
          <isin value="US071705AA56"/>
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        <curCd>USD</curCd>
        <valUSD>5620425.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08375000</annualizedRt>
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        <name>SMYRNA READY MIX CONCRETE LLC</name>
        <lei>549300S7RFWHQFOIOY93</lei>
        <title>SMYRNA READY MIX CONCRETE LLC 8.875% 11/15/2031 144A</title>
        <cusip>83283WAE3</cusip>
        <identifiers>
          <isin value="US83283WAE30"/>
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        <balance>10810000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11398669.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08875000</annualizedRt>
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        <name>PAPA JOHNS INTERNATIONAL INC</name>
        <lei>HZYLD3DK5XOX0WBVNB56</lei>
        <title>PAPA JOHNS INTERNATIONAL INC 3.875% 09/15/2029 144A</title>
        <cusip>698813AA0</cusip>
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          <isin value="US698813AA06"/>
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        <curCd>USD</curCd>
        <valUSD>2445458.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6% 09/01/2053#CB7123</title>
        <cusip>3140QS4H1</cusip>
        <identifiers>
          <isin value="US3140QS4H10"/>
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        <balance>214975.20500000</balance>
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        <curCd>USD</curCd>
        <valUSD>221789.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>CARLISLE COS INC</name>
        <lei>XR64VGX1ZPX6G7ZN7Z11</lei>
        <title>CARLISLE COS INC</title>
        <cusip>142339100</cusip>
        <identifiers>
          <isin value="US1423391002"/>
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        <balance>13700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4969675.00000000</valUSD>
        <pctVal>0.031084040948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>MICROSOFT CORP</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>MICROSOFT CORP</title>
        <cusip>594918104</cusip>
        <identifiers>
          <isin value="US5949181045"/>
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        <balance>60500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <name>VALLOUREC SA</name>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <name>FORTRESS TRANSN and INFRASTRUCTURE INVS LLC</name>
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        <name>DANA INC</name>
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        <name>MINERAL RESOURCES LTD</name>
        <lei>5299007V1ACKFFX2P066</lei>
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        <name>GOLDMAN SACHS BANK USA</name>
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        <name>BEACH ACQUISITION BIDCO LLC</name>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.125% 08/31/2029</title>
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        <name>IRON MOUNTAIN INC</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC 5.625% 07/15/2032 144A</title>
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        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA/FHLG TBA ISSUER</name>
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          <isin value="US01F0206791"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ADVANCION HOLDINGS LLC</name>
        <lei>254900GMIYFF4FZ0A357</lei>
        <title>ANGUS CHEMICAL TERM 1LN 11/24/2027</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
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        <cusip>912810FG8</cusip>
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          <isin value="US912810FG86"/>
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        <balance>5406000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>US FOODS INC</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US FOODS INC 7.25% 01/15/2032 144A</title>
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          <isin value="US90290MAH43"/>
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        <balance>2735000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BROWN BROTHERS HARRIMAN and CO.</name>
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          <other otherDesc="Internal FX transaction ID" value="2196265"/>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VISA INC</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC CL A</title>
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          <isin value="US92826C8394"/>
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        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 4.125% 02/15/2036</title>
        <cusip>91282CPZ8</cusip>
        <identifiers>
          <isin value="US91282CPZ85"/>
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        <balance>46750000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP 5.5% 06/01/2027</title>
        <cusip>29273VAF7</cusip>
        <identifiers>
          <isin value="US29273VAF76"/>
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        <balance>12065000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12151807.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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      <invstOrSec>
        <name>SBA COMMUNICATIONS CORP</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA COMMUNICATIONS CORP 3.875% 02/15/2027</title>
        <cusip>78410GAD6</cusip>
        <identifiers>
          <isin value="US78410GAD60"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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      <invstOrSec>
        <name>ASHTON WOODS USA LLC / ASHTON WOODS FINANCE CO</name>
        <lei>N/A</lei>
        <title>ASHTON WOODS USA LLC/FIN CO 4.625% 04/01/2030 144A</title>
        <cusip>045086AP0</cusip>
        <identifiers>
          <isin value="US045086AP03"/>
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        <curCd>USD</curCd>
        <valUSD>3894604.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEPTUNE BIDCO US INC</name>
        <lei>549300VG15T3VCYZ4531</lei>
        <title>NEPTUNE BIDCO US INC 9.29% 04/15/2029 144A</title>
        <cusip>640695AA0</cusip>
        <identifiers>
          <isin value="US640695AA01"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BENEFIT STREET PARTNERS CLO XXXIX LTD</name>
        <lei>N/A</lei>
        <title>BENEFIT STREET PARTNERS CLO XXXIX LTD D2 TSFR3M+365 04/15/2038 144A</title>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CITIBANK, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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          <other otherDesc="Bloomberg" value="COSLISHXPA"/>
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        <name>ALCOA NEDERLAND HOLDING BV</name>
        <lei>5493000UL1QLQLT1VQ42</lei>
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          <isin value="US013822AG68"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRAND INDUSTRIAL SERVICES INC</name>
        <lei>549300B658W2BPDQMW42</lei>
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        <cusip>104931AA8</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>912810PT9</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ATHENAHEALTH GROUP INC</name>
        <lei>254900AA3KZN4Q7A5Z33</lei>
        <title>ATHENAHEALTH GROUP TERM B 1LN 02/15/2029</title>
        <cusip>04686RAB9</cusip>
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          <isin value="US04686RAB96"/>
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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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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.5% 01/15/2029</title>
        <cusip>91282CPT2</cusip>
        <identifiers>
          <isin value="US91282CPT26"/>
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        <balance>73900000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TRANSOCEAN INTERNATIONAL LTD</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
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        <cusip>893830BZ1</cusip>
        <identifiers>
          <isin value="US893830BZ10"/>
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        <balance>1955000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JAMES HARDIE INDUSTRIES PLC</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.75% 08/15/2055</title>
        <cusip>912810UM8</cusip>
        <identifiers>
          <isin value="US912810UM89"/>
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        <curCd>USD</curCd>
        <valUSD>12885231.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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      <invstOrSec>
        <name>STRATEGY INC</name>
        <lei>549300WQTWEJUEHXQX21</lei>
        <title>STRATEGY INC SER A 10% PERP PFD</title>
        <cusip>594972879</cusip>
        <identifiers>
          <isin value="US5949728795"/>
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        <balance>152206.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14111018.26000000</valUSD>
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        <assetCat>EP</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>POLARIS NEWCO LLC</name>
        <lei>254900LEPDAG7EDOA064</lei>
        <title>SOLERA TERM B 1LN 06/02/2028</title>
        <cusip>73108RAB4</cusip>
        <identifiers>
          <isin value="US73108RAB42"/>
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        <balance>9726675.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8414449.28000000</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>2028-06-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07925000</annualizedRt>
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      <invstOrSec>
        <name>UNITED AIRLINES INC</name>
        <lei>K1OQBWM7XEOO08LDNP29</lei>
        <title>UNITED AIRLINES INC 4.625% 04/15/2029 144A</title>
        <cusip>90932LAH0</cusip>
        <identifiers>
          <isin value="US90932LAH06"/>
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        <balance>8725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8604037.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HERTZ CORP</name>
        <lei>549300PD0C69OJ0NLB27</lei>
        <title>HERTZ CORP 12.625% 07/15/2029 144A</title>
        <cusip>428040DC0</cusip>
        <identifiers>
          <isin value="US428040DC08"/>
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        <balance>1245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1013290.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CIFC FDG 2025-III LTD</name>
        <lei>N/A</lei>
        <title>CIFC FDG 2025-III LTD E TSFR3M+725 07/21/2038 144A</title>
        <cusip>12574PAA3</cusip>
        <identifiers>
          <isin value="US12574PAA30"/>
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        <balance>1091000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1104479.31000000</valUSD>
        <pctVal>0.006908234461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10922140</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>
        <name>COINBASE GLOBAL INC</name>
        <lei>5493004G3J2SC154DU06</lei>
        <title>COINBASE GLOBAL INC 3.375% 10/01/2028 144A</title>
        <cusip>19260QAC1</cusip>
        <identifiers>
          <isin value="US19260QAC15"/>
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        <balance>13780000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13082194.58000000</valUSD>
        <pctVal>0.081825767683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>BOMBARDIER INC 8.75% 11/15/2030 144A</title>
        <cusip>097751CA7</cusip>
        <identifiers>
          <isin value="US097751CA78"/>
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        <balance>4055000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4286353.97000000</valUSD>
        <pctVal>0.026810043377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TALOS PRODUCTION INC</name>
        <lei>549300GZ2DZZE2Y8TX15</lei>
        <title>TALOS PRODUCTION INC 9.375% 02/01/2031 144A</title>
        <cusip>87485LAE4</cusip>
        <identifiers>
          <isin value="US87485LAE48"/>
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        <balance>2660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2793851.20000000</valUSD>
        <pctVal>0.017474821815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ON SEMICONDUCTOR CORP</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
        <title>ON SEMICONDUCTOR CORP</title>
        <cusip>682189105</cusip>
        <identifiers>
          <isin value="US6821891057"/>
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        <balance>244291.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23095271.14000000</valUSD>
        <pctVal>0.144454990280</pctVal>
        <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>IQVIA INC</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA INC 5% 05/15/2027 144A</title>
        <cusip>46266TAA6</cusip>
        <identifiers>
          <isin value="US46266TAA60"/>
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        <balance>5660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5656905.11000000</valUSD>
        <pctVal>0.035382488810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ALPHA GENERATION LLC</name>
        <lei>254900K5V62L4YGVKF49</lei>
        <title>ALPHA GENERATION LLC 6.25% 01/15/2034 144A</title>
        <cusip>02073LAC5</cusip>
        <identifiers>
          <isin value="US02073LAC54"/>
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        <balance>4050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3985140.06000000</valUSD>
        <pctVal>0.024926027719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>IRON MOUNTAIN INC</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC 5.25% 07/15/2030 144A</title>
        <cusip>46284VAJ0</cusip>
        <identifiers>
          <isin value="US46284VAJ08"/>
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        <balance>5915000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5826612.04000000</valUSD>
        <pctVal>0.036443962077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Studio City International Holdings Ltd</name>
        <lei>N/A</lei>
        <title>STUDIO CITY INTERNATIONAL HOLDINGS LTD ADR 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="IIA391000"/>
        </identifiers>
        <balance>121177.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>221753.91000000</valUSD>
        <pctVal>0.001387013762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>META PLATFORMS INC</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>META PLATFORMS INC CL A</title>
        <cusip>30303M102</cusip>
        <identifiers>
          <isin value="US30303M1027"/>
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        <balance>48800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27488552.00000000</valUSD>
        <pctVal>0.171933833896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>APOLLO GLOBAL MANAGEMENT, INC</name>
        <lei>254900LMFT1CY9IYB476</lei>
        <title>APOLLO GLOBAL MANAGEMENT INC</title>
        <cusip>03769M106</cusip>
        <identifiers>
          <isin value="US03769M1062"/>
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        <balance>210000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24845100.00000000</valUSD>
        <pctVal>0.155399720456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEPTUNE BIDCO US INC</name>
        <lei>549300VG15T3VCYZ4531</lei>
        <title>NEPTUNE BIDCO US INC 9.5% 02/15/2033 144A</title>
        <cusip>640695AD4</cusip>
        <identifiers>
          <isin value="US640695AD40"/>
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        <balance>4890000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4944068.73000000</valUSD>
        <pctVal>0.030923880304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09500000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MADISON IAQ LLC</name>
        <lei>549300IXDNBXNHUPBU73</lei>
        <title>MADISON IAQ LLC 5.875% 06/30/2029 144A</title>
        <cusip>55760LAB3</cusip>
        <identifiers>
          <isin value="US55760LAB36"/>
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        <balance>4265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4267199.89000000</valUSD>
        <pctVal>0.026690239525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KINETIK HOLDINGS LP</name>
        <lei>549300RD6AJIMYC0HY12</lei>
        <title>KINETIK HOLDINGS LP 5.875% 06/15/2030 144A</title>
        <cusip>49461MAA8</cusip>
        <identifiers>
          <isin value="US49461MAA80"/>
        </identifiers>
        <balance>4180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4204289.98000000</valUSD>
        <pctVal>0.026296754193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CARLYLE US CLO 2025-2 LTD</name>
        <lei>N/A</lei>
        <title>CARLYLE US CLO 2025-2 LTD E TSFR3M+675 07/25/2038 144A</title>
        <cusip>14320DAA3</cusip>
        <identifiers>
          <isin value="US14320DAA37"/>
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        <balance>658000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>664186.52000000</valUSD>
        <pctVal>0.004154316124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10416590</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOPBUILD CORP</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>TOPBUILD CORP 5.625% 01/31/2034 144A</title>
        <cusip>89055FAD5</cusip>
        <identifiers>
          <isin value="US89055FAD50"/>
        </identifiers>
        <balance>4055000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4094455.15000000</valUSD>
        <pctVal>0.025609765536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.25% 01/31/2034 144A</title>
        <cusip>893647BZ9</cusip>
        <identifiers>
          <isin value="US893647BZ96"/>
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        <balance>2145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2188749.42000000</valUSD>
        <pctVal>0.013690065566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 2.5% 02/15/2045</title>
        <cusip>912810RK6</cusip>
        <identifiers>
          <isin value="US912810RK60"/>
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        <balance>216056000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151526148.29000000</valUSD>
        <pctVal>0.947757146723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CLOUD SOFTWARE GROUP INC</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>CLOUD SOFTWARE GROUP INC 6.5% 03/31/2029 144A</title>
        <cusip>88632QAE3</cusip>
        <identifiers>
          <isin value="US88632QAE35"/>
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        <balance>37655000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36535941.60000000</valUSD>
        <pctVal>0.228522932539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>LAMB WESTON HOLDINGS INC</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>LAMB WESTON HOLDINGS INC 4.375% 01/31/2032 144A</title>
        <cusip>513272AE4</cusip>
        <identifiers>
          <isin value="US513272AE49"/>
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        <balance>2790000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2623363.62000000</valUSD>
        <pctVal>0.016408465782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</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>ABG INTERMEDIATE HLDGS 2 LLC</name>
        <lei>54930020NXD0RJB64985</lei>
        <title>AUTHENTIC BRANDS TERM B1 1LN 12/21/2028</title>
        <cusip>00076VBL3</cusip>
        <identifiers>
          <isin value="US00076VBL36"/>
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        <balance>8108201.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8108201.76000000</valUSD>
        <pctVal>0.050714719880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05893920</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>ACRISURE LLC / ACRISURE FINANCE INC</name>
        <lei>N/A</lei>
        <title>ACRISURE LLC / ACRISURE FINANCE INC 8.25% 02/01/2029 144A</title>
        <cusip>00489LAK9</cusip>
        <identifiers>
          <isin value="US00489LAK98"/>
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        <balance>16525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15553708.42000000</valUSD>
        <pctVal>0.097284452086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</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>BWX TECHNOLOGIES INC</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX TECHNOLOGIES INC 4.125% 06/30/2028 144A</title>
        <cusip>05605HAB6</cusip>
        <identifiers>
          <isin value="US05605HAB69"/>
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        <balance>6400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6278672.64000000</valUSD>
        <pctVal>0.039271485045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</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>LONDON CLEARING HOUSE</name>
        <lei>N/A</lei>
        <title>LCH OIS SOFRV3.0% MAC 09/16/28</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLPPLTHA"/>
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        <balance>-521052000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-93758.57000000</valUSD>
        <pctVal>-0.00058643577</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>LONDON CLEARING HOUSE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <upfrontRcpt>0.00000000</upfrontRcpt>
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            <notionalAmt>-510906538.72000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-93758.57000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARINI US CLO II LTD</name>
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        <cusip>04039DAA6</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
        <lei>N/A</lei>
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        <cusip>3137H3SE3</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-25</maturityDt>
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      <invstOrSec>
        <name>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
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          <isin value="CA135087S547"/>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EXPAND ENERGY CORP</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PERFORMANCE FOOD GROUP INC</name>
        <lei>549300OMUOGBYK0FFO76</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 2% 07/01/2056 #TBA</title>
        <cusip>21H020675</cusip>
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          <isin value="US21H0206753"/>
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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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      <invstOrSec>
        <name>CSC SERVICEWORKS EAST LLC</name>
        <lei>N/A</lei>
        <title>CSC SERVICEWORKS TERM Initial FL1O 1LN 09/04/2030</title>
        <cusip>22946QAB9</cusip>
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          <isin value="US22946QAB95"/>
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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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 0.75% 05/25/2053 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014004J31"/>
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        <balance>88000000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.625% 05/15/2054</title>
        <cusip>912810UA4</cusip>
        <identifiers>
          <isin value="US912810UA42"/>
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        <balance>24660000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23420256.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA GTD MTG PASS THRU CTF SOFR30A+120 06/25/2054</title>
        <cusip>3136BUGA2</cusip>
        <identifiers>
          <isin value="US3136BUGA20"/>
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        <balance>3820725.21000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3849001.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04827760</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA RESOURCES CORPORATION</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>CALIFORNIA RES CORP</title>
        <cusip>13057Q305</cusip>
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          <isin value="US13057Q3056"/>
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        <balance>10789.00000000</balance>
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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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        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM TERM N 1LN 02/13/2033</title>
        <cusip>89364MCG7</cusip>
        <identifiers>
          <isin value="US89364MCG78"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1149816.00000000</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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          <couponKind>Variable</couponKind>
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        <name>OLYMPUS WATER US HOLDING CORPORATION</name>
        <lei>549300YU2GGVCBN3MY89</lei>
        <title>OLYMPUS WATER US HOLDING CORPORATION 7.25% 02/15/2033 144A</title>
        <cusip>681639AE0</cusip>
        <identifiers>
          <isin value="US681639AE00"/>
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        <balance>13505000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PALANTIR TECHNOLOGIES INC</name>
        <lei>549300UVN46B3BBDHO85</lei>
        <title>PALANTIR TECHNOLOGIES INC</title>
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          <isin value="US69608A1088"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>SM ENERGY CO</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM ENERGY CO 6.625% 01/15/2027</title>
        <cusip>78454LAP5</cusip>
        <identifiers>
          <isin value="US78454LAP58"/>
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        <balance>12830000.00000000</balance>
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        <valUSD>12848770.29000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
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        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>ALTICE FRANCE SA 6.5% 10/15/2031 144A</title>
        <cusip>02090DAC2</cusip>
        <identifiers>
          <isin value="US02090DAC20"/>
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        <balance>964177.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>934204.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-15</maturityDt>
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        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 2.5% 08/15/2054 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000BU2D004"/>
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        <balance>35040000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 3.244% 08/25/2027</title>
        <cusip>3137FBBX3</cusip>
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          <isin value="US3137FBBX34"/>
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        <balance>7050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6963814.46000000</valUSD>
        <pctVal>0.043556871189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2027-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03244000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MILLICOM INTL CELLULAR SA</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>MILLICOM INTL CELLULAR SA 4.5% 04/27/2031 144A</title>
        <cusip>600814AR8</cusip>
        <identifiers>
          <isin value="US600814AR85"/>
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        <balance>1040000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>967200.00000000</valUSD>
        <pctVal>0.006049587629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</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>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.625% 11/15/2044</title>
        <cusip>912810UF3</cusip>
        <identifiers>
          <isin value="US912810UF39"/>
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        <balance>23470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22618295.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUB INTERNATIONAL LTD</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB INTERNATIONAL LTD 7.25% 06/15/2030 144A</title>
        <cusip>44332PAH4</cusip>
        <identifiers>
          <isin value="US44332PAH47"/>
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        <balance>17925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18395298.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>
        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>MSCS SWAP PAY 3.4725 03/31/28</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLISHXPJ"/>
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        <balance>69000000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>474643.41000000</valUSD>
        <pctVal>0.002968772644</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>MORGAN STANLEY CAPITAL SERVICES LLC</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
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                    <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
                    <lei>I7331LVCZKQKX5T7XV54</lei>
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                    <cusip>N/A</cusip>
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                      <other otherDesc="Internal" value="MJI423000"/>
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                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
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                  <upfrontRcpt>0.00000000</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
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            <shareNo>1.00000000</shareNo>
            <exercisePrice>3.47250000</exercisePrice>
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            <delta>XXXX</delta>
            <unrealizedAppr>90313.41000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT SOFR30A+105 04/25/2055</title>
        <cusip>3137HKUC6</cusip>
        <identifiers>
          <isin value="US3137HKUC66"/>
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        <balance>3356086.54200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3368689.32000000</valUSD>
        <pctVal>0.021070286641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04677760</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>CONSOLIDATED ENERGY FINANCE SA</name>
        <lei>549300PUNIS0USNSL750</lei>
        <title>CONSOLIDATED ENERGY TERM 1LN 11/15/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAL1957LAF84"/>
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        <balance>4079775.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3950568.53000000</valUSD>
        <pctVal>0.024709791677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08413390</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>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FEDERAL NAT MTG ASN GTD REM PA 2.5% 02/25/2052</title>
        <cusip>3136BLLH1</cusip>
        <identifiers>
          <isin value="US3136BLLH19"/>
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        <balance>843392.79100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>777153.99000000</valUSD>
        <pctVal>0.004860898639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>FIRST QUANTUM MINERALS LTD</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM MINERALS LTD 6.375% 02/15/2036 144A</title>
        <cusip>335934AY1</cusip>
        <identifiers>
          <isin value="US335934AY19"/>
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        <balance>11730000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11500561.20000000</valUSD>
        <pctVal>0.071933057044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</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>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.75% 02/15/2056</title>
        <cusip>912810UR7</cusip>
        <identifiers>
          <isin value="US912810UR76"/>
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        <balance>13150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12773992.19000000</valUSD>
        <pctVal>0.079898040878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>COMFORT SYSTEMS USA INC</name>
        <lei>5299009DT1ZA5HTU6R38</lei>
        <title>COMFORT SYSTEMS USA INC</title>
        <cusip>199908104</cusip>
        <identifiers>
          <isin value="US1999081045"/>
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        <balance>49100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97313745.00000000</valUSD>
        <pctVal>0.608672485502</pctVal>
        <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>DT MIDSTREAM INC</name>
        <lei>N/A</lei>
        <title>DT MIDSTREAM INC 4.125% 06/15/2029 144A</title>
        <cusip>23345MAA5</cusip>
        <identifiers>
          <isin value="US23345MAA53"/>
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        <balance>4285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4199377.69000000</valUSD>
        <pctVal>0.026266029080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEASPAN CORPORATION</name>
        <lei>5493007Z8Q1H45KT7W98</lei>
        <title>SEASPAN CORPORATION 5.5% 08/01/2029 144A</title>
        <cusip>81254UAK2</cusip>
        <identifiers>
          <isin value="US81254UAK25"/>
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        <balance>4240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4159947.44000000</valUSD>
        <pctVal>0.026019402992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ITALY REPUBLIC OF</name>
        <lei>815600DE60799F5A9309</lei>
        <title>ITALY REPUBLIC OF 4.65% 10/01/2055 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005668238"/>
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        <balance>30500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
        <valUSD>36291364.01000000</valUSD>
        <pctVal>0.226993162520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04650000</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>CNX MIDSTREAM PARTNERS LP</name>
        <lei>N/A</lei>
        <title>CNX MIDSTREAM PARTNERS LP 4.75% 04/15/2030 144A</title>
        <cusip>12654AAA9</cusip>
        <identifiers>
          <isin value="US12654AAA97"/>
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        <balance>2970000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2831085.38000000</valUSD>
        <pctVal>0.017707712049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>HERTZ CORP</name>
        <lei>549300PD0C69OJ0NLB27</lei>
        <title>HERTZ CORP 6% PERP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US428ESCAD94"/>
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        <balance>5785000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.58000000</valUSD>
        <pctVal>0.000000003627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2199-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</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>FIRST QUANTUM MINERALS LTD</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM MINERALS LTD 8.625% 06/01/2031 144A</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>ACRISURE LLC / ACRISURE FINANCE INC</name>
        <lei>N/A</lei>
        <title>ACRISURE LLC / ACRISURE FINANCE INC 6.75% 07/01/2032 144A</title>
        <cusip>004961AA6</cusip>
        <identifiers>
          <isin value="US004961AA64"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ALPHABET INC</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC 4.375% 11/06/2064</title>
        <cusip>02079KBG1</cusip>
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          <isin value="XS3224609613"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WOLFSPEED INC/DE</name>
        <lei>N/A</lei>
        <title>WOLFSPEED INC/DE PIK VAR 06/23/2030 144A</title>
        <cusip>977852AK8</cusip>
        <identifiers>
          <isin value="US977852AK87"/>
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        <balance>1654732.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1826217.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09875000</annualizedRt>
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      <invstOrSec>
        <name>BAUSCH + LOMB CORP</name>
        <lei>549300NY6OZM39SO6475</lei>
        <title>BAUSCH and LOMB TERM B 1LN 01/15/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAC0787FAL67"/>
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        <balance>1449068.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1450879.59000000</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>2031-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07393920</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHURCHILL DOWNS INC</name>
        <lei>529900FODTBQC8MIS994</lei>
        <title>CHURCHILL DOWNS INC 5.75% 04/01/2030 144A</title>
        <cusip>12511VAA6</cusip>
        <identifiers>
          <isin value="US12511VAA61"/>
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        <balance>6975000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6968398.86000000</valUSD>
        <pctVal>0.043585545434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC</name>
        <lei>N/A</lei>
        <title>UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 4.75% 04/15/2028 144A</title>
        <cusip>91327BAB6</cusip>
        <identifiers>
          <isin value="US91327BAB62"/>
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        <balance>9350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9319943.49000000</valUSD>
        <pctVal>0.058293853235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NCR VOYIX CORP</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR VOYIX CORP 5% 10/01/2028 144A</title>
        <cusip>62886EAY4</cusip>
        <identifiers>
          <isin value="US62886EAY41"/>
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        <balance>3385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3301468.02000000</valUSD>
        <pctVal>0.020649834671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>
        <name>MACQUARIE AIRFINANCE HOLDINGS LTD</name>
        <lei>549300MCGUSL5B852H65</lei>
        <title>MACQUARIE AIRFINANCE HOLDINGS LTD 6.4% 03/26/2029 144A</title>
        <cusip>55609NAC2</cusip>
        <identifiers>
          <isin value="US55609NAC20"/>
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        <balance>1805000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1857972.15000000</valUSD>
        <pctVal>0.011621138684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06400000</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>CRC INSURANCE GROUP LLC</name>
        <lei>N/A</lei>
        <title>CRC INSURANCE GROUP LLC 7.125% 06/01/2031 144A</title>
        <cusip>69867RAA5</cusip>
        <identifiers>
          <isin value="US69867RAA59"/>
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        <balance>14435000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14388970.68000000</valUSD>
        <pctVal>0.089999316618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</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>CLARIOS GLOBAL LP</name>
        <lei>549300474L1ZLXZY2P98</lei>
        <title>CLARIOS TERM B 1LN 05/06/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAC8000CAM55"/>
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        <balance>1004016.32000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1004016.32000000</valUSD>
        <pctVal>0.006279864257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06143920</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MIWD HOLDCO II LLC / MIWD FINANCE CORP</name>
        <lei>N/A</lei>
        <title>MIWD HOLDCO II LLC / MIWD FINANCE CORP 5.5% 02/01/2030 144A</title>
        <cusip>55337PAA0</cusip>
        <identifiers>
          <isin value="US55337PAA03"/>
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        <balance>1865000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1755810.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORPORATION 6.25%/VAR PERP</title>
        <cusip>06055HAK9</cusip>
        <identifiers>
          <isin value="US06055HAK95"/>
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        <balance>27930000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28265551.02000000</valUSD>
        <pctVal>0.176793763238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LBM ACQUISITION LLC</name>
        <lei>549300FAEB3VWZL4NI86</lei>
        <title>US LBM TERM B 1LN 3.75% 06/06/2031</title>
        <cusip>50179JAH1</cusip>
        <identifiers>
          <isin value="US50179JAH14"/>
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        <balance>53951335.14100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45078498.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.07501780</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NOBLE FINANCE II LLC</name>
        <lei>N/A</lei>
        <title>NOBLE FINANCE II LLC 8% 04/15/2030 144A</title>
        <cusip>65505PAA5</cusip>
        <identifiers>
          <isin value="US65505PAA57"/>
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        <balance>2205000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2284727.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA GTD MTG PASS THRU CTF SOFR30A+140 02/25/2055</title>
        <cusip>3136BUWL0</cusip>
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          <isin value="US3136BUWL01"/>
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        <curCd>USD</curCd>
        <valUSD>2677441.23000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW COTAI LLC</name>
        <lei>N/A</lei>
        <title>NEW COTAI LLC PIK CONV 5% 02/24/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="IHI261000"/>
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        <balance>3201523.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2069144.64000000</valUSD>
        <pctVal>0.012941968381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>NEW COTAI LLC</name>
              <title>NEW COTAI LLC PP</title>
              <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HOLDINGS LLC 3.375% 02/15/2031 144A</title>
        <cusip>126307BF3</cusip>
        <identifiers>
          <isin value="US126307BF39"/>
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        <balance>33165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19668334.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NXP SEMICONDUCTORS NV</name>
        <lei>724500M9BY5293JDF951</lei>
        <title>NXP SEMICONDUCTORS NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0009538784"/>
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        <balance>19800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5564394.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLY FINANCIAL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>ALLY FINL INC 7.1/VAR PERP</title>
        <cusip>02005NCB4</cusip>
        <identifiers>
          <isin value="US02005NCB47"/>
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        <balance>2630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2665497.11000000</valUSD>
        <pctVal>0.016671999942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HESS MIDSTREAM PARTNERS LP</name>
        <lei>N/A</lei>
        <title>HESS MIDSTREAM PARTNERS LP 5.125% 06/15/2028 144A</title>
        <cusip>428104AA1</cusip>
        <identifiers>
          <isin value="US428104AA14"/>
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        <balance>6600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6581626.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 5YR NOTE (CBT) FUT SEP26 FVU6</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="FVU6"/>
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        <balance>159.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>37055.35000000</valUSD>
        <pctVal>0.000231771698</pctVal>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>UST NOTES</issuerName>
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                  <other otherDesc="Internal" value="9128279K0"/>
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        <securityLending>
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      <invstOrSec>
        <name>ECHOSTAR CORP</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>ECHOSTAR CORP 10.75% 11/30/2029</title>
        <cusip>278768AC0</cusip>
        <identifiers>
          <isin value="US278768AC00"/>
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        <balance>68356699.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73844633.87000000</valUSD>
        <pctVal>0.461879222083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10750000</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>CLARIOS GLOBAL LP / CLARIOS US FINANCE CO</name>
        <lei>N/A</lei>
        <title>CLARIOS GLOBAL LP / CLARIOS US FINANCE CO 6.75% 05/15/2028 144A</title>
        <cusip>18060TAC9</cusip>
        <identifiers>
          <isin value="US18060TAC99"/>
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        <balance>5595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5676912.42000000</valUSD>
        <pctVal>0.035507629396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 2% 12/10/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000BU22072"/>
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        <balance>7980000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
        <valUSD>9102356.30000000</valUSD>
        <pctVal>0.056932901236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>
        <name>GTT COMMUNICATIONS INC</name>
        <lei>549300ETSL7K1ZX05H30</lei>
        <title>GTT CMM TERM NEW $ HOLDCO 1LN 7/15/2031</title>
        <cusip>36250LAX2</cusip>
        <identifiers>
          <isin value="US36250LAX29"/>
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        <balance>2400632.92000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1936518.56000000</valUSD>
        <pctVal>0.012112426308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.14000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>ALTICE FRANCE SA 6.875% 07/15/2032 144A</title>
        <cusip>02090DAE8</cusip>
        <identifiers>
          <isin value="US02090DAE85"/>
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        <balance>22877306.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22183551.70000000</valUSD>
        <pctVal>0.138752419306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</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>NISSAN MOTOR ACCEPTANCE CO LLC</name>
        <lei>7D6DIU2QXTUJRFNNJA49</lei>
        <title>NISSAN MOTOR ACCEPTANCE CO LLC 2.45% 09/15/2028 144A</title>
        <cusip>65480CAD7</cusip>
        <identifiers>
          <isin value="US65480CAD74"/>
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        <balance>1635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1517589.46000000</valUSD>
        <pctVal>0.009492132366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02450000</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>AVANTOR FUNDING INC</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>AVANTOR FUNDING INC 3.875% 11/01/2029 144A</title>
        <cusip>05352TAB5</cusip>
        <identifiers>
          <isin value="US05352TAB52"/>
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        <balance>2790000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2663570.59000000</valUSD>
        <pctVal>0.016659950054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</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>USCLN 2026-SUP1</name>
        <lei>N/A</lei>
        <title>USCLN 2026-SUP1 VAR 06/25/2033 144A</title>
        <cusip>90355PAV8</cusip>
        <identifiers>
          <isin value="US90355PAV85"/>
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        <balance>1255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1254974.52000000</valUSD>
        <pctVal>0.007849543354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07093350</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>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.125% 07/31/2034 144A</title>
        <cusip>893647CB1</cusip>
        <identifiers>
          <isin value="US893647CB10"/>
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        <balance>9425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9412878.51000000</valUSD>
        <pctVal>0.058875137920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</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>ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER</name>
        <lei>N/A</lei>
        <title>ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 6.5% 10/01/2031 144A</title>
        <cusip>01883LAG8</cusip>
        <identifiers>
          <isin value="US01883LAG86"/>
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        <balance>2660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2652704.42000000</valUSD>
        <pctVal>0.016591984951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>MAUSER PACKAGING SOLUTIONS HOLDING CO</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>MAUSER PACKAGING SOLUTIONS HOLDING CO 7.875% 04/15/2030 144A</title>
        <cusip>57763RAE7</cusip>
        <identifiers>
          <isin value="US57763RAE71"/>
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        <balance>2815000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2877830.80000000</valUSD>
        <pctVal>0.018000092647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07875000</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>CPI ACQUISITION INC</name>
        <lei>254900H3R50WH1B1LB48</lei>
        <title>CPI ACQUISITION INC 10% 07/15/2029 144A</title>
        <cusip>12598FAC3</cusip>
        <identifiers>
          <isin value="US12598FAC32"/>
        </identifiers>
        <balance>2413000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2529620.29000000</valUSD>
        <pctVal>0.015822125325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VERTIV HOLDINGS CO</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>91282CQF1</cusip>
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        <balance>107300000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NRG ENERGY INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>91282CQV6</cusip>
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          <isin value="US91282CQV62"/>
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        <balance>65280000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UST BILLS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST BILLS 0% 08/13/2026</title>
        <cusip>912797TW7</cusip>
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          <isin value="US912797TW79"/>
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        <balance>22480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22382018.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>COTIVITI INC</name>
        <lei>254900YAQHVRTG4IFI64</lei>
        <title>COTIVITI TERM B 1LN 5/1/2031</title>
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          <isin value="US22164MAB37"/>
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        <curCd>USD</curCd>
        <valUSD>11902612.33000000</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>2031-05-01</maturityDt>
          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOMNIGROUP INTERNATIONAL INC</name>
        <lei>549300HFEKVR3US71V91</lei>
        <title>SOMNIGROUP INTERNATIONAL INC 3.875% 10/15/2031 144A</title>
        <cusip>88023UAJ0</cusip>
        <identifiers>
          <isin value="US88023UAJ07"/>
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        <balance>7360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6764632.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6.5% 03/01/2054#CB8113</title>
        <cusip>3140QUAP1</cusip>
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          <isin value="US3140QUAP18"/>
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        <curCd>USD</curCd>
        <valUSD>431917.07000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>ACRISURE LLC / ACRISURE FINANCE INC</name>
        <lei>N/A</lei>
        <title>ACRISURE LLC / ACRISURE FINANCE INC 7.5% 11/06/2030 144A</title>
        <cusip>00489LAL7</cusip>
        <identifiers>
          <isin value="US00489LAL71"/>
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        <balance>4465000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4234764.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</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>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT SOFR30A+110 FB 11/25/2054</title>
        <cusip>3137HHF97</cusip>
        <identifiers>
          <isin value="US3137HHF977"/>
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        <balance>3000861.53900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3021379.03000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04727760</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ONEMAIN FINANCE CORP</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>ONEMAIN FINANCE CORP 4% 09/15/2030</title>
        <cusip>682691AA8</cusip>
        <identifiers>
          <isin value="US682691AA80"/>
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        <balance>3340000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3087299.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>FORBES ENERGY SVCS LTD</name>
        <lei>5493000KNGZL65YWY755</lei>
        <title>FORBES ENERGY SVCS LTD NEW</title>
        <cusip>345143200</cusip>
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          <isin value="US3451432005"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1.35000000</valUSD>
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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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 1.375% 10/31/2028</title>
        <cusip>91282CDF5</cusip>
        <identifiers>
          <isin value="US91282CDF59"/>
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        <balance>8911000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8361372.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 5.5% 12/20/2054#MB0092</title>
        <cusip>3618N5C64</cusip>
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        <curCd>USD</curCd>
        <valUSD>747797.20000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>SUNNOVA ENERGY CORP</name>
        <lei>549300TH3GCD8YQUDR46</lei>
        <title>SUNNOVA ENERGY CORP 5.875% 09/01/2026 144A</title>
        <cusip>86745GAF0</cusip>
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        <curCd>USD</curCd>
        <valUSD>3375.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BOAM SWAP PAY 3.95 04/29/30</title>
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          <other otherDesc="Bloomberg" value="COSLAPHTQO"/>
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        <balance>12870000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>418055.82000000</valUSD>
        <pctVal>0.002614831800</pctVal>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
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                    <lei>B4TYDEB6GKMZO031MB27</lei>
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                    <balance>N/A</balance>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>SUNNOVA ENERGY CORP</name>
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        <name>GO DADDY OPERATING CO LLC / GD FINANCE CO INC</name>
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        <name>MOHEGAN TRIBAL GAMING AUTHORITY / MS DIGITAL ENTERTAINMENT HOLDINGS LLC</name>
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        <name>Fidelity Central Investment Portfolios LLC</name>
        <lei>S2V1M15I679NQK6BNY65</lei>
        <title>Fidelity Floating Rate Central Fund</title>
        <cusip>31606V708</cusip>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CHS/CMNTY HEALTH SYSTEMS INC</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/CMNTY HEALTH SYSTEMS INC 5.25% 05/15/2030 144A</title>
        <cusip>12543DBM1</cusip>
        <identifiers>
          <isin value="US12543DBM11"/>
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        <balance>8305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7836848.98000000</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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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>TENNESSEE VALLEY AUTHORITY</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>TENNESSEE VALLEY AUTHORITY 5.25% 09/15/2039</title>
        <cusip>880591EH1</cusip>
        <identifiers>
          <isin value="US880591EH15"/>
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        <balance>2106000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2188808.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.375% 03/01/2029 144A</title>
        <cusip>893647BU0</cusip>
        <identifiers>
          <isin value="US893647BU00"/>
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        <balance>8150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8274540.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
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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 OPERATING CO INC 4% 05/01/2031 144A</title>
        <cusip>432833AL5</cusip>
        <identifiers>
          <isin value="US432833AL52"/>
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        <balance>5020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4744427.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRAND INDUSTRIAL SERVICES INC</name>
        <lei>549300B658W2BPDQMW42</lei>
        <title>BRANDSAFWAY TERM B 1LN 08/01/2030</title>
        <cusip>10524MAS6</cusip>
        <identifiers>
          <isin value="US10524MAS61"/>
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        <balance>13705097.36000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10687097.87000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08163150</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CRC INSURANCE GROUP LLC</name>
        <lei>N/A</lei>
        <title>TRUIST INSURANCE TERM B 1LN 05/06/2031</title>
        <cusip>89788VAG7</cusip>
        <identifiers>
          <isin value="US89788VAG77"/>
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        <balance>4942620.97000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4820291.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06482220</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>FERTITTA ENTERTAINMENT LLC NV</name>
        <lei>N/A</lei>
        <title>GOLDEN NUGGET TERM B 1LN 01/29/2029</title>
        <cusip>31556PAB3</cusip>
        <identifiers>
          <isin value="US31556PAB31"/>
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        <balance>12776809.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12757388.58000000</valUSD>
        <pctVal>0.079794189561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06893920</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>LAMB WESTON HOLDINGS INC</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>LAMB WESTON HOLDINGS INC 4.125% 01/31/2030 144A</title>
        <cusip>513272AD6</cusip>
        <identifiers>
          <isin value="US513272AD65"/>
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        <balance>5575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5345988.48000000</valUSD>
        <pctVal>0.033437785130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</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>CARNELIAN POINT HOLDINGS LP</name>
        <lei>N/A</lei>
        <title>CARNELIAN POINT HOLDINGS LP WT 06/30/27</title>
        <cusip>155371529</cusip>
        <identifiers>
          <ticker value="2114577D"/>
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        <balance>544.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1588.48000000</valUSD>
        <pctVal>0.000009935534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNOCO LP / SUNOCO FIN CORP</name>
        <lei>N/A</lei>
        <title>SUNOCO LP / SUNOCO FIN CORP 7% 09/15/2028 144A</title>
        <cusip>86765KAA7</cusip>
        <identifiers>
          <isin value="US86765KAA79"/>
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        <balance>2735000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2789535.90000000</valUSD>
        <pctVal>0.017447830721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP 6.625%/VAR PERP</title>
        <cusip>29273VAJ9</cusip>
        <identifiers>
          <isin value="US29273VAJ98"/>
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        <balance>20350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20513186.65000000</valUSD>
        <pctVal>0.128304714856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AUSTRALIA, COMMONWEALTH OF</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA COMMONWEALTH OF 1% 12/21/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000087454"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44435618"/>
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        <pctVal>0.003741743880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PALMER SQUARE LOAN FUNDING 2025-2 LTD</name>
        <lei>N/A</lei>
        <title>PALMER SQUARE LOAN FUNDING 2025-2A D LTD TSFR3M+450 07/15/2033 144A</title>
        <cusip>69704EAA1</cusip>
        <identifiers>
          <isin value="US69704EAA10"/>
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        <balance>738000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>721493.89000000</valUSD>
        <pctVal>0.004512759007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08173100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DG INVESTMENT INTERMEDIATE HOLDINGS 2 INC</name>
        <lei>N/A</lei>
        <title>CONVERGINT TECH TERM B 1LN 07/09/2032</title>
        <cusip>23344MAM0</cusip>
        <identifiers>
          <isin value="US23344MAM01"/>
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        <balance>955250.86000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>956444.92000000</valUSD>
        <pctVal>0.005982317366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06893920</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>MERIDIAN ARC HOLDCO LLC</name>
        <lei>N/A</lei>
        <title>MERIDIAN ARC HOLDCO LLC 6.25% 04/30/2031 144A</title>
        <cusip>58990CAA1</cusip>
        <identifiers>
          <isin value="US58990CAA18"/>
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        <balance>21330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21377779.20000000</valUSD>
        <pctVal>0.133712519235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 4.125% 03/31/2032</title>
        <cusip>91282CMT5</cusip>
        <identifiers>
          <isin value="US91282CMT52"/>
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        <balance>24070000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23914861.39000000</valUSD>
        <pctVal>0.149581316829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOUTHEASTERN GROCERS INC</name>
        <lei>N/A</lei>
        <title>SOUTHEASTERN GROCERS INC CVR RT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="KFM026000"/>
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        <balance>584047.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5.84000000</valUSD>
        <pctVal>0.000000036527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HILTON DOMESTIC OPERATING CO INC</name>
        <lei>5493003EG7H0N1E4XV50</lei>
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        <name>LGI HOMES INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>OLYMPUS WATER US HOLDING CORPORATION</name>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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          <maturityDt>2027-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DIAMETER CAP CLO 7 LTD / DIAMETER CAP CLO 7 LLC</name>
        <lei>N/A</lei>
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        <cusip>25255XAA4</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <name>UNIVISION COMMUNICATIONS INC</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FEDERAL NAT MTG ASN GTD REM PA 21-66 DM 2% 01/25/2048</title>
        <cusip>3136BG6Y2</cusip>
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          <isin value="US3136BG6Y20"/>
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        <curCd>USD</curCd>
        <valUSD>1062861.98000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 2.282% 07/25/2026</title>
        <cusip>3137FNWX4</cusip>
        <identifiers>
          <isin value="US3137FNWX43"/>
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        <curCd>USD</curCd>
        <valUSD>7648.60000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02282000</annualizedRt>
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      <invstOrSec>
        <name>VICI PROPERTIES LP / VICI NOTE CO INC</name>
        <lei>N/A</lei>
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        <cusip>92564RAB1</cusip>
        <identifiers>
          <isin value="US92564RAB15"/>
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        <balance>7220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7086669.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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        <name>NEPTUNE BIDCO US INC</name>
        <lei>549300VG15T3VCYZ4531</lei>
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        <cusip>640695AC6</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>5855744.75000000</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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          <couponKind>Fixed</couponKind>
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        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>CHART INDUSTRIES INC</name>
        <lei>EM7QGKC1GYOF3LSZSL80</lei>
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        <cusip>16115QAF7</cusip>
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        <curCd>USD</curCd>
        <valUSD>7660660.28000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6.5% 01/01/2055#CB9828</title>
        <cusip>3140QV4N1</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>1745321.41000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ATS CORP</name>
        <lei>5493005KP4RP3IU7HQ41</lei>
        <title>ATS CORP 4.125% 12/15/2028 144A</title>
        <cusip>001940AC9</cusip>
        <identifiers>
          <isin value="US001940AC98"/>
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        <balance>4630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4515043.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 2% 08/15/2051</title>
        <cusip>912810SZ2</cusip>
        <identifiers>
          <isin value="US912810SZ21"/>
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        <balance>77934000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44367583.05000000</valUSD>
        <pctVal>0.277507838700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>GREYSTAR REAL ESTATE PARTNERS LLC</name>
        <lei>254900HGC806SXAS4M46</lei>
        <title>GREYSTAR REAL ESTATE PARTNERS LLC 7.75% 09/01/2030 144A</title>
        <cusip>39807UAD8</cusip>
        <identifiers>
          <isin value="US39807UAD81"/>
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        <balance>2435000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2532122.41000000</valUSD>
        <pctVal>0.015837775443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>NESCO HOLDINGS II INC</name>
        <lei>254900FAHT0HW9T6L409</lei>
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        <name>BLOCK INC</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>BLOCK INC 5.625% 08/15/2030 144A</title>
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      <invstOrSec>
        <name>MPT OPER PARTNERSHIP LP / MPT FIN CORP</name>
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        <cusip>55342UAQ7</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>ACRISURE LLC</name>
        <lei>549300R0Z1Q47XRTGO22</lei>
        <title>ACRISURE TERM B 1LN 06/21/2032</title>
        <cusip>00488PAX3</cusip>
        <identifiers>
          <isin value="US00488PAX33"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06893920</annualizedRt>
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        <name>UST BILLS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST BILLS 0% 08/06/2026</title>
        <cusip>912797RG4</cusip>
        <identifiers>
          <isin value="US912797RG48"/>
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        <balance>4380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4364166.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>FX Forward: USD/AUD settle 2026-07-22</title>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL CALCASIEU PASS LLC</name>
        <lei>549300GKHS6RS20NLH85</lei>
        <title>VENTURE GLOBAL CALCASIEU PASS LLC 4.125% 08/15/2031 144A</title>
        <cusip>92328MAB9</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DARLING INGREDIENTS INC</name>
        <lei>L1N0SPPKS7EXZYUMZ898</lei>
        <title>DARLING INGREDIENTS INC 6% 06/15/2030 144A</title>
        <cusip>237266AJ0</cusip>
        <identifiers>
          <isin value="US237266AJ06"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.125% 08/15/2044</title>
        <cusip>912810UD8</cusip>
        <identifiers>
          <isin value="US912810UD80"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AP CORE HOLDINGS II LLC</name>
        <lei>N/A</lei>
        <title>YAHOO TERM B 1LN 05/15/2031</title>
        <cusip>00187GAE9</cusip>
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          <isin value="US00187GAE98"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>CIPHER COMPUTE LLC</name>
        <lei>N/A</lei>
        <title>CIPHER COMPUTE LLC 7.125% 11/15/2030 144A</title>
        <cusip>17253NAA5</cusip>
        <identifiers>
          <isin value="US17253NAA54"/>
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        <curCd>USD</curCd>
        <valUSD>6044823.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>SFR TERM B14 1LN 5/31/2031</title>
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          <ticker value="SFRFP"/>
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        <curCd>USD</curCd>
        <valUSD>7018347.51000000</valUSD>
        <pctVal>0.043897961413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10548100</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT OF 0.75% 07/15/2027 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012171458"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVISION COMMUNICATIONS INC</name>
        <lei>549300YQDE2JSGTL8V47</lei>
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        <cusip>914906AV4</cusip>
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        <curCd>USD</curCd>
        <valUSD>5500333.44000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC 3.625% 02/15/2031 144A</title>
        <cusip>629377CR1</cusip>
        <identifiers>
          <isin value="US629377CR16"/>
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        <balance>6110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5674073.13000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SEADRILL FINANCE LTD</name>
        <lei>213800WMN3OHFUDHD642</lei>
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        <cusip>81172QAA2</cusip>
        <identifiers>
          <isin value="US81172QAA22"/>
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        <balance>5560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5811584.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08375000</annualizedRt>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FED HOME LOAN MTG CORP - GOLD 4% 04/25/2027</title>
        <cusip>3133Q3TM3</cusip>
        <identifiers>
          <isin value="US3133Q3TM31"/>
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        <balance>74474604.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74020182.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PG and E CORP</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG and E CORP 5.25% 07/01/2030</title>
        <cusip>69331CAJ7</cusip>
        <identifiers>
          <isin value="US69331CAJ71"/>
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        <balance>5150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5071419.60000000</valUSD>
        <pctVal>0.031720427293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>GLOBAL PARTNERS LP / GLP FIN CORP</name>
        <lei>N/A</lei>
        <title>GLOBAL PARTNERS LP / GLP FIN CORP 8.25% 01/15/2032 144A</title>
        <cusip>37954FAK0</cusip>
        <identifiers>
          <isin value="US37954FAK03"/>
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        <balance>3315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3471928.79000000</valUSD>
        <pctVal>0.021716023014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOWDEN UK REFINANCE PLC / HOWDEN UK REFINANCE 2 PLC / HOWDEN US REFINANCE LLC</name>
        <lei>N/A</lei>
        <title>HOWDEN UK REFINANCE PLC / HOWDEN UK REFINANCE 2 PLC / HOWDEN US REFINANCE LLC 8.125% 02/15/2032 144A</title>
        <cusip>44287DAA1</cusip>
        <identifiers>
          <isin value="US44287DAA19"/>
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        <balance>4015000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3598958.87000000</valUSD>
        <pctVal>0.022510563544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08125000</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>MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC</name>
        <lei>N/A</lei>
        <title>MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC 6.75% 04/01/2032 144A</title>
        <cusip>60672JAA7</cusip>
        <identifiers>
          <isin value="US60672JAA79"/>
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        <balance>3920000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3886265.66000000</valUSD>
        <pctVal>0.024307593738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>APPLOVIN CORP</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>APPLOVIN CORP</title>
        <cusip>03831W108</cusip>
        <identifiers>
          <isin value="US03831W1080"/>
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        <balance>14700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7573881.00000000</valUSD>
        <pctVal>0.047372680736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROBLOX CORP</name>
        <lei>529900ANZDBDFU91SO19</lei>
        <title>ROBLOX CORP 3.875% 05/01/2030 144A</title>
        <cusip>771049AA1</cusip>
        <identifiers>
          <isin value="US771049AA15"/>
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        <balance>4175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3945474.91000000</valUSD>
        <pctVal>0.024677932392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</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>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 6% 02/01/2055#SL0430</title>
        <cusip>31427MPQ8</cusip>
        <identifiers>
          <isin value="US31427MPQ86"/>
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        <balance>2336975.90500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2427849.68000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FEDERAL NAT MTG ASN GTD REM PA 3% 05/25/2044</title>
        <cusip>3136BL6D7</cusip>
        <identifiers>
          <isin value="US3136BL6D74"/>
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        <balance>5682827.74900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5464322.45000000</valUSD>
        <pctVal>0.034177933725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP 5.125% 11/01/2027</title>
        <cusip>88033GDB3</cusip>
        <identifiers>
          <isin value="US88033GDB32"/>
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        <balance>10955000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10954894.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NOVA CHEMICALS CORP</name>
        <lei>549300ZOD6N7RI2FJP09</lei>
        <title>NOVA CHEMICALS CORP 8.5% 11/15/2028 144A</title>
        <cusip>66977WAT6</cusip>
        <identifiers>
          <isin value="US66977WAT62"/>
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        <balance>3635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3759067.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</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>PBF HLDG CO LLC / PBF FIN CORP</name>
        <lei>N/A</lei>
        <title>PBF HLDG CO LLC / PBF FIN CORP 7.25% 06/01/2034 144A</title>
        <cusip>69318FAN8</cusip>
        <identifiers>
          <isin value="US69318FAN87"/>
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        <balance>6485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6420209.99000000</valUSD>
        <pctVal>0.040156764823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>IHEARTMEDIA INC</name>
        <lei>N/A</lei>
        <title>IHEARTMEDIA INC</title>
        <cusip>45174J509</cusip>
        <identifiers>
          <isin value="US45174J5092"/>
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        <balance>26.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>111.54000000</valUSD>
        <pctVal>0.000000697654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII 1.875% 01/15/2036</title>
        <cusip>91282CPU9</cusip>
        <identifiers>
          <isin value="US91282CPU98"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3981224.08000000</valUSD>
        <pctVal>0.024901534270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01875000</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>HILTON DOMESTIC OPERATING CO INC</name>
        <lei>5493003EG7H0N1E4XV50</lei>
        <title>HILTON DOMESTIC OPERATING CO INC 5.5% 09/15/2031 144A</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.5% 12/15/2028</title>
        <cusip>91282CPP0</cusip>
        <identifiers>
          <isin value="US91282CPP04"/>
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        <balance>16530000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LONDON CLEARING HOUSE</name>
        <lei>N/A</lei>
        <title>LCH OIS SOFRV3.75% MAC 09/16/36</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLPPLTIA"/>
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        <balance>68280000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>UNIVISION COMMUNICATIONS INC</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>UNIVISION TERM B 1LN 01/31/2029</title>
        <cusip>914908BB3</cusip>
        <identifiers>
          <isin value="US914908BB35"/>
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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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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SYNERGY INFRASTRUCTURE HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>SYNERGY INFRASTRUCTURE HOLDINGS LLC 7.875% 12/01/2030 144A</title>
        <cusip>87191JAA2</cusip>
        <identifiers>
          <isin value="US87191JAA25"/>
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        <balance>3125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3266033.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DAVITA INC</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DAVITA INC 4.625% 06/01/2030 144A</title>
        <cusip>23918KAS7</cusip>
        <identifiers>
          <isin value="US23918KAS78"/>
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        <balance>15850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15354800.04000000</valUSD>
        <pctVal>0.096040331247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FEDERAL NAT MTG ASN GTD REM PA 2022-7 A 3% 05/25/2048</title>
        <cusip>3136BLRV4</cusip>
        <identifiers>
          <isin value="US3136BLRV49"/>
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        <balance>2197411.26100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2048993.05000000</valUSD>
        <pctVal>0.012815925361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RAND PARENT LLC</name>
        <lei>N/A</lei>
        <title>RAND PARENT LLC 8.5% 02/15/2030 144A</title>
        <cusip>753272AA1</cusip>
        <identifiers>
          <isin value="US753272AA11"/>
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        <balance>6985000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7235384.31000000</valUSD>
        <pctVal>0.045255470864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VENTURE GLOBAL PLAQUEMINES LNG LLC</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>VENTURE GLOBAL PLAQUEMINES LNG LLC 7.75% 05/01/2035 144A</title>
        <cusip>922966AB2</cusip>
        <identifiers>
          <isin value="US922966AB20"/>
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        <balance>6155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6902660.16000000</valUSD>
        <pctVal>0.043174366747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>REWORLD HLDG CORP</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>REWORLD HLDG CORP 4.875% 12/01/2029 144A</title>
        <cusip>22303XAA3</cusip>
        <identifiers>
          <isin value="US22303XAA37"/>
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        <balance>9642000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9196271.55000000</valUSD>
        <pctVal>0.057520317008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GFL ENVIRONMENTAL INC</name>
        <lei>5493008HF9XC5H29ZX61</lei>
        <title>GFL ENVIRONMENTAL INC 4% 08/01/2028 144A</title>
        <cusip>36168QAL8</cusip>
        <identifiers>
          <isin value="US36168QAL86"/>
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        <balance>4200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4100701.92000000</valUSD>
        <pctVal>0.025648837478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.875% 05/15/2029</title>
        <cusip>91282CQR5</cusip>
        <identifiers>
          <isin value="US91282CQR50"/>
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        <balance>44640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44294737.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>SPECTRUM BRANDS INC</name>
        <lei>549300VU3EH2E73C1Q04</lei>
        <title>SPECTRUM BRANDS INC 3.875% 03/15/2031 144A</title>
        <cusip>84762LAX3</cusip>
        <identifiers>
          <isin value="US84762LAX38"/>
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        <balance>1025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>896811.86000000</valUSD>
        <pctVal>0.005609327889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AVENTIV TECHNOLOGIES LLC</name>
        <lei>549300EBCNNXVCJ2FW66</lei>
        <title>AVENTIV TERM FLSO 1LN 9/30/2026</title>
        <cusip>05358AAQ7</cusip>
        <identifiers>
          <isin value="US05358AAQ76"/>
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        <balance>134229.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>132887.09000000</valUSD>
        <pctVal>0.000831174623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-30</maturityDt>
          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AVENTIV TECHNOLOGIES LLC</name>
        <lei>549300EBCNNXVCJ2FW66</lei>
        <title>AVENTIV TERM DEC FLSO 9/30/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="KWK500000"/>
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        <balance>127095.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>128048.60000000</valUSD>
        <pctVal>0.000800911111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.13938580</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LINDBLAD EXPEDITIONS LLC</name>
        <lei>549300MPUWOG67Y2R254</lei>
        <title>LINDBLAD EXPEDITIONS LLC 7% 09/15/2030 144A</title>
        <cusip>53523LAB6</cusip>
        <identifiers>
          <isin value="US53523LAB62"/>
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        <balance>3685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3810076.27000000</valUSD>
        <pctVal>0.023831048668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>MSCS SWAP PAY 3.853 09/16/30</title>
        <cusip>N/A</cusip>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>UST NOTES</name>
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        <name>AP CORE HOLDINGS II LLC</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LEIA FINCO US LLC</name>
        <lei>N/A</lei>
        <title>DARKTRACE TERM 1LN 10/09/2031</title>
        <cusip>52526CAB5</cusip>
        <identifiers>
          <isin value="US52526CAB54"/>
        </identifiers>
        <balance>709610.56000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>645390.80000000</valUSD>
        <pctVal>0.004036753722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06927080</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>COINBASE GLOBAL INC</name>
        <lei>5493004G3J2SC154DU06</lei>
        <title>COINBASE GLOBAL INC CONV 0.25% 04/01/2030</title>
        <cusip>19260QAF4</cusip>
        <identifiers>
          <isin value="US19260QAF46"/>
        </identifiers>
        <balance>3680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3297280.00000000</valUSD>
        <pctVal>0.020623639682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>COINBASE GLOBAL INC</name>
              <title>COINBASE GLOBAL INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="19260Q107"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="333.54457800" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTC INC</name>
        <lei>54930050SSMU8SKDJ030</lei>
        <title>PTC INC 4% 02/15/2028 144A</title>
        <cusip>69370CAC4</cusip>
        <identifiers>
          <isin value="US69370CAC47"/>
        </identifiers>
        <balance>3715000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3637396.25000000</valUSD>
        <pctVal>0.022750979486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CFC USA 2025 LLC</name>
        <lei>N/A</lei>
        <title>CFC GROUP TERM B 1LN 07/01/2032</title>
        <cusip>12531JAB7</cusip>
        <identifiers>
          <isin value="US12531JAB70"/>
        </identifiers>
        <balance>6324150.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5923641.58000000</valUSD>
        <pctVal>0.037050856934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07182230</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>EXPAND ENERGY CORP</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>EXPAND ENERGY CORP 5.375% 03/15/2030</title>
        <cusip>845467AS8</cusip>
        <identifiers>
          <isin value="US845467AS85"/>
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        <balance>5630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5650414.66000000</valUSD>
        <pctVal>0.035341892712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US LONG BOND(CBT) FUT SEP26 USU6</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="USU6"/>
        </identifiers>
        <balance>60.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>163008.60000000</valUSD>
        <pctVal>0.001019576933</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>UST NOTES</issuerName>
                <issueTitle>UST NOTES 0% 06/30/2040</issueTitle>
                <identifiers>
                  <other otherDesc="Internal" value="993994EL2"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-09-21</expDate>
            <notionalAmt>6620741.40000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>163008.60000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HERTZ CORP</name>
        <lei>549300PD0C69OJ0NLB27</lei>
        <title>HERTZ CORP 6.25% PERP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US428ESCAA55"/>
        </identifiers>
        <balance>6775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.68000000</valUSD>
        <pctVal>0.000000004253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2199-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUMMIT MIDSTREAM CORP</name>
        <lei>529900DFYEMSMUJH0M68</lei>
        <title>SUMMIT MIDSTREAM CORP 3ML+743 PERP PFD</title>
        <cusip>86614G200</cusip>
        <identifiers>
          <isin value="US86614G2003"/>
        </identifiers>
        <balance>1711.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2686654.03000000</valUSD>
        <pctVal>0.016804331044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FINANCE CORP</name>
        <lei>N/A</lei>
        <title>ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FIN CORP 5.375% 06/15/2029 144A</title>
        <cusip>03690AAH9</cusip>
        <identifiers>
          <isin value="US03690AAH95"/>
        </identifiers>
        <balance>4305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4291439.25000000</valUSD>
        <pctVal>0.026841850497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</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>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BOAM SWAP PAY 4.025 04/23/30</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLAPHT1N"/>
        </identifiers>
        <balance>18030000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>560371.68000000</valUSD>
        <pctVal>0.003504980958</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
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                    <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
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                  <derivAddlInfo>
                    <name>BANK OF AMERICA, N.A.</name>
                    <lei>B4TYDEB6GKMZO031MB27</lei>
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                    <cusip>N/A</cusip>
                    <identifiers>
                      <other otherDesc="Internal" value="LEJ413000"/>
                    </identifiers>
                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
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                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0.00000000</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>18030000.00000000</notionalAmt>
                  <curCd>USD</curCd>
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            <shareNo>1.00000000</shareNo>
            <exercisePrice>4.02500000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-162405.95000000</unrealizedAppr>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW COTAI LLC / NEW COTAI CAP CORP</name>
        <lei>N/A</lei>
        <title>NEW COTAI LLC/NEW COTAI CAPITAL CORP P/P</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="0762132D"/>
        </identifiers>
        <balance>2242893.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22428.93000000</valUSD>
        <pctVal>0.000140287197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 5330 FA SOFR30A+105 08/25/2053</title>
        <cusip>3137HAFW1</cusip>
        <identifiers>
          <isin value="US3137HAFW14"/>
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        <balance>3674311.14900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3693396.99000000</valUSD>
        <pctVal>0.023101249734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04677760</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNOCO LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP 6.625% 08/15/2032 144A</title>
        <cusip>86765KAL3</cusip>
        <identifiers>
          <isin value="US86765KAL35"/>
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        <balance>2605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2649456.93000000</valUSD>
        <pctVal>0.016571672735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 3% 02/15/2049</title>
        <cusip>912810SF6</cusip>
        <identifiers>
          <isin value="US912810SF66"/>
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        <balance>107530000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78396090.63000000</valUSD>
        <pctVal>0.490347415335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBER TECHNOLOGIES INC</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>UBER TECHNOLOGIES INC 4.5% 08/15/2029 144A</title>
        <cusip>90353TAK6</cusip>
        <identifiers>
          <isin value="US90353TAK60"/>
        </identifiers>
        <balance>12675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12582415.46000000</valUSD>
        <pctVal>0.078699777628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 5425 FK SOFR30A+120 06/25/2054</title>
        <cusip>3137HCYX4</cusip>
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          <isin value="US3137HCYX42"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-06-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ALTICE FRANCE HOLDING SA</name>
        <lei>5299000JVHXKJPOE6H40</lei>
        <title>LUXCO 3</title>
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          <other otherDesc="Internal" value="LRS379000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SUNOCO LP / SUNOCO FIN CORP</name>
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        <identifiers>
          <isin value="US86765LAZ04"/>
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        <balance>5550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5390424.74000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>VENTURE GLOBAL PLAQUEMINES LNG LLC</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>VENTURE GLOBAL PLAQUEMINES LNG LLC 6.125% 12/15/2030 144A</title>
        <cusip>922966AE6</cusip>
        <identifiers>
          <isin value="US922966AE68"/>
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        <balance>4030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4123326.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SOLENIS HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>SOLENIS TERM B6 1LN 6/20/2031</title>
        <cusip>68163YAJ4</cusip>
        <identifiers>
          <isin value="US68163YAJ47"/>
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        <balance>1519160.79000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1515560.38000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06732220</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUND PT CLO 40 LTD / SOUND PT CLO 40 LLC</name>
        <lei>2549006N6CIHZ26VQC36</lei>
        <title>SOUND PT CLO 40 LTD / SOUND PT CLO 40 LLC E TSFR3M+670 10/20/2037 144A</title>
        <cusip>83617DAA0</cusip>
        <identifiers>
          <isin value="US83617DAA00"/>
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        <balance>324000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>326330.86000000</valUSD>
        <pctVal>0.002041115729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10375230</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HIGHTOWER HOLDING LLC</name>
        <lei>254900MKOSB7RTMA9K12</lei>
        <title>HIGHTOWER HOLDING LLC 6.75% 04/15/2029 144A</title>
        <cusip>43118DAA8</cusip>
        <identifiers>
          <isin value="US43118DAA81"/>
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        <balance>2870000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2853244.08000000</valUSD>
        <pctVal>0.017846309027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KONTOOR BRANDS INC</name>
        <lei>549300M0CPXV65RFF271</lei>
        <title>KONTOOR BRANDS INC 4.125% 11/15/2029 144A</title>
        <cusip>50050NAA1</cusip>
        <identifiers>
          <isin value="US50050NAA19"/>
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        <balance>2420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2315994.21000000</valUSD>
        <pctVal>0.014485949052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</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>CONSOLIDATED ENERGY FINANCE SA</name>
        <lei>549300PUNIS0USNSL750</lei>
        <title>CONSOLIDATED ENERGY TERM B 1LN 11/15/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAL1957LAE10"/>
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        <balance>5180750.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5052526.44000000</valUSD>
        <pctVal>0.031602255429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08163390</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>CHS/CMNTY HEALTH SYSTEMS INC</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/CMNTY HEALTH SYSTEMS INC 6% 01/15/2029 144A</title>
        <cusip>12543DBH2</cusip>
        <identifiers>
          <isin value="US12543DBH26"/>
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        <balance>4940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4890600.00000000</valUSD>
        <pctVal>0.030589447128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ACCELYA LUX FINCO SARL</name>
        <lei>N/A</lei>
        <title>ACCELYA TERM B 1LN 10/1/2032</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAL0024CAC63"/>
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        <balance>5377975.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4772952.81000000</valUSD>
        <pctVal>0.029853594166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08982220</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HAH GROUP HOLDING CO LLC</name>
        <lei>254900FFJQHW9R90FL74</lei>
        <title>HAH GROUP HOLDING CO LLC 9.75% 10/01/2031 144A</title>
        <cusip>40518JAA7</cusip>
        <identifiers>
          <isin value="US40518JAA79"/>
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        <balance>3925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3513993.63000000</valUSD>
        <pctVal>0.021979127787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 4% 10/31/2029</title>
        <cusip>91282CFT3</cusip>
        <identifiers>
          <isin value="US91282CFT36"/>
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        <balance>19300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19193699.27000000</valUSD>
        <pctVal>0.120051660129</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UKG INC</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG TERM B 1LN 02/10/2031</title>
        <cusip>89841EAB1</cusip>
        <identifiers>
          <isin value="US89841EAB11"/>
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        <balance>30748229.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28896263.82000000</valUSD>
        <pctVal>0.180738709840</pctVal>
        <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>Variable</couponKind>
          <annualizedRt>0.05913390</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>API GROUP DE INC</name>
        <lei>549300XP4G7B4QYA0G83</lei>
        <title>API GROUP DE INC 5.75% 06/01/2034 144A</title>
        <cusip>001877AB5</cusip>
        <identifiers>
          <isin value="US001877AB54"/>
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        <balance>3890000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3845805.71000000</valUSD>
        <pctVal>0.024054527140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.7% 12/20/2048</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300611K15"/>
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        <balance>6000000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="162.59500000"/>
        <valUSD>19945262.77000000</valUSD>
        <pctVal>0.124752496825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STATION CASINOS LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OBRA CLO 1 LTD / OBRA CLO 1 LLC</name>
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      <invstOrSec>
        <name>DT MIDSTREAM INC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FMG RESOURCES AUG'06 PTY LTD</name>
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        <cusip>30251GBA4</cusip>
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      <invstOrSec>
        <name>ALLIANT HLDGS INTERMEDIATE LLC</name>
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        <title>ALLIANT HOLDINGS TERM B 1LN 09/19/2031</title>
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          <isin value="US01881UAN54"/>
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      <invstOrSec>
        <name>FAIR ISAAC CORPORATION</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
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        <cusip>303250AF1</cusip>
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          <isin value="US303250AF16"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PALMER SQUARE CLO 2021-2 LTD</name>
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        <cusip>69701XAU8</cusip>
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          <isin value="US69701XAU81"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>BOYD GAMING CORP</name>
        <lei>254900787YGRYS2A1Z35</lei>
        <title>BOYD GAMING CORP</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CLYDESDALE ACQUISITION HOLDINGS INC</name>
        <lei>254900QKSDYFR3K5YD98</lei>
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        <cusip>18972EAB1</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SABERT CORPORATION</name>
        <lei>54930029JPYBTHDWT603</lei>
        <title>SABERT TERM B 1LN 12/10/2028</title>
        <cusip>78516EAE2</cusip>
        <identifiers>
          <isin value="US78516EAE23"/>
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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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          <couponKind>Variable</couponKind>
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        <name>ALLY FINANCIAL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>ALLY FINL INC 8% 11/01/2031</title>
        <cusip>36186CBY8</cusip>
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          <isin value="US36186CBY84"/>
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        <balance>51348000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57188202.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</annualizedRt>
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      <invstOrSec>
        <name>EATON CORP PLC</name>
        <lei>549300VDIGTMXUNT7H71</lei>
        <title>EATON CORP PLC</title>
        <cusip>N/A</cusip>
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          <isin value="IE00B8KQN827"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SENSATA TECHNOLOGIES BV</name>
        <lei>PUCKW5P5O3XMOZVH7T53</lei>
        <title>SENSATA TECHNOLOGIES BV 4% 04/15/2029 144A</title>
        <cusip>81725WAK9</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>GFL ENVIRONMENTAL INC</name>
        <lei>5493008HF9XC5H29ZX61</lei>
        <title>GFL ENVIRONMENTAL INC 6.75% 01/15/2031 144A</title>
        <cusip>36168QAQ7</cusip>
        <identifiers>
          <isin value="US36168QAQ73"/>
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        <balance>3980000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4094536.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SIMMONS FOOD INC/SIMMONS</name>
        <lei>N/A</lei>
        <title>SIMMONS FOOD INC/SIMMONS 4.625% 03/01/2029 144A</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>GSCM SWAP PAY 4.351 04/01/31</title>
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        <isRestrictedSec>N</isRestrictedSec>

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                    <lei>KD3XUN7C6T14HNAYLU02</lei>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC</name>
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        <name>TENET HEALTHCARE CORP</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>UST NOTES</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <name>ELASTIC NV</name>
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        <name>GRAN TIERRA ENERGY INC</name>
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        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM TERM L 1LN 1/19/2032</title>
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        <name>CARNIVAL CORP LTD</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>AMERICAN AIRLINES INC</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>UNIVISION COMMUNICATIONS INC</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>TELEVISAUNIVISION TERM 1LN 06/24/2029</title>
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        <issuerCat>CORP</issuerCat>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <name>ROYAL CARIBBEAN CRUISES LTD</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>BRINKS CO</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINKS CO 4.625% 10/15/2027 144A</title>
        <cusip>109696AA2</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>WILLIAMS SCOTSMAN INC</name>
        <lei>549300DAKDS8SCO1OT57</lei>
        <title>WILLIAMS SCOTSMAN INC 7.375% 10/01/2031 144A</title>
        <cusip>96949VAL7</cusip>
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          <isin value="US96949VAL71"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2624614.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FEDERAL NAT MTG ASN GTD REM PA 2022-1 KA 3% 05/25/2048</title>
        <cusip>3136BLMF4</cusip>
        <identifiers>
          <isin value="US3136BLMF44"/>
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        <curCd>USD</curCd>
        <valUSD>1450442.71000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLY FINANCIAL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>ALLY FINL INC 8% 11/01/2031</title>
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          <isin value="US370425RZ53"/>
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        <curCd>USD</curCd>
        <valUSD>18586417.21000000</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>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 2024-K523 AS TSFR1M+55 05/25/2029</title>
        <cusip>3137HDJW1</cusip>
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          <isin value="US3137HDJW17"/>
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        <curCd>USD</curCd>
        <valUSD>21133662.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04141670</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BATH and BODY WORKS INC</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>BATH and BODY WORKS INC 6.75% 07/01/2036</title>
        <cusip>501797AM6</cusip>
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          <isin value="US501797AM65"/>
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        <balance>8920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8935181.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PIKES PEAK CLO 1</name>
        <lei>N/A</lei>
        <title>PIKES PEAK CLO 1 D2R TSFR3M+380 04/20/2038 144A</title>
        <cusip>72133LAX0</cusip>
        <identifiers>
          <isin value="US72133LAX01"/>
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        <balance>274000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>264834.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07475230</annualizedRt>
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      <invstOrSec>
        <name>RR 31 LTD</name>
        <lei>N/A</lei>
        <title>RR 31 LTD D TSFR3M+600 10/15/2039 144A</title>
        <cusip>74988BAA4</cusip>
        <identifiers>
          <isin value="US74988BAA44"/>
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        <balance>826000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>828534.99000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09673100</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>NCR ATLEOS CORP</name>
        <lei>9845005FC3S0VA714741</lei>
        <title>NCR ATLEOS CORP 9.5% 04/01/2029 144A</title>
        <cusip>638962AA8</cusip>
        <identifiers>
          <isin value="US638962AA84"/>
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        <balance>4090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4361114.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09500000</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>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>POST HLDGS INC 4.625% 04/15/2030 144A</title>
        <cusip>737446AQ7</cusip>
        <identifiers>
          <isin value="US737446AQ74"/>
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        <balance>6415000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6197276.82000000</valUSD>
        <pctVal>0.038762375092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</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>KEHE DIST/FIN / NEXTWAVE</name>
        <lei>N/A</lei>
        <title>KEHE DIST/FIN / NEXTWAVE 7.125% 04/30/2033 144A</title>
        <cusip>487930AA7</cusip>
        <identifiers>
          <isin value="US487930AA77"/>
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        <balance>2455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2500778.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</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>
        <name>VISTRA OPERATIONS CO LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>VISTRA OPERATIONS CO LLC 5% 07/31/2027 144A</title>
        <cusip>92840VAF9</cusip>
        <identifiers>
          <isin value="US92840VAF94"/>
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        <balance>13800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13790279.28000000</valUSD>
        <pctVal>0.086254655651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RED PLANET BORROWER LLC</name>
        <lei>254900LGTHBRY5NA0C90</lei>
        <title>RED PLANET TERM B 1LN 9/8/2032</title>
        <cusip>57165KAE6</cusip>
        <identifiers>
          <isin value="US57165KAE64"/>
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        <balance>3105453.17000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3102006.12000000</valUSD>
        <pctVal>0.019402251707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07370310</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>XPO INC</name>
        <lei>54930096DB9LCLPN7H13</lei>
        <title>XPO INC 6.25% 06/01/2028 144A</title>
        <cusip>98379KAA0</cusip>
        <identifiers>
          <isin value="US98379KAA07"/>
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        <balance>2790000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2817916.74000000</valUSD>
        <pctVal>0.017625345587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 2.5% 05/25/2049</title>
        <cusip>3137H5UF2</cusip>
        <identifiers>
          <isin value="US3137H5UF27"/>
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        <balance>1257710.22300000</balance>
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        <curCd>USD</curCd>
        <valUSD>1122129.31000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC 6.25% 04/01/2029 144A</title>
        <cusip>74168RAC7</cusip>
        <identifiers>
          <isin value="US74168RAC79"/>
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        <balance>3135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3146696.69000000</valUSD>
        <pctVal>0.019681779746</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.5% 11/15/2054</title>
        <cusip>912810UE6</cusip>
        <identifiers>
          <isin value="US912810UE63"/>
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        <balance>36450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33931248.14000000</valUSD>
        <pctVal>0.212231243814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</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>CORECIVIC INC</name>
        <lei>529900JFA3K6PTLT8B15</lei>
        <title>CORECIVIC INC 8.25% 04/15/2029</title>
        <cusip>21871NAC5</cusip>
        <identifiers>
          <isin value="US21871NAC56"/>
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        <balance>14760000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15372805.68000000</valUSD>
        <pctVal>0.096152951901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</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>BATH and BODY WORKS INC</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>BATH and BODY WORKS INC 7.5% 06/15/2029</title>
        <cusip>501797AR5</cusip>
        <identifiers>
          <isin value="US501797AR52"/>
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        <balance>5030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5090309.70000000</valUSD>
        <pctVal>0.031838580018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</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>HILTON GRAND VACATIONS TRUST 2026-1A</name>
        <lei>N/A</lei>
        <title>HILTON GRAND VACATIONS TRUST 2026-1A D 7.83% 02/25/2043 144A</title>
        <cusip>43284KAD4</cusip>
        <identifiers>
          <isin value="US43284KAD46"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <cusip>3137HPUB7</cusip>
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      <invstOrSec>
        <name>ASBURY AUTOMOTIVE GROUP INC</name>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>REALOGY GROUP LLC / REALOGY CO-ISSUER CORP</name>
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      <invstOrSec>
        <name>EUREX DEUTSCHLAND</name>
        <lei>N/A</lei>
        <title>EURO-BUND FUTURE SEP26 RXU6</title>
        <cusip>N/A</cusip>
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          <isin value="DE000F3A9ET3"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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            <payOffProf>Short</payOffProf>
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                <issuerName>GERMANY FEDERAL REPUBLIC OF</issuerName>
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      <invstOrSec>
        <name>VENTURE GLOBAL CALCASIEU PASS LLC</name>
        <lei>549300GKHS6RS20NLH85</lei>
        <title>VENTURE GLOBAL CALCASIEU PASS LLC 3.875% 08/15/2029 144A</title>
        <cusip>92328MAA1</cusip>
        <identifiers>
          <isin value="US92328MAA18"/>
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        <balance>3525000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHARLES RIVER LABORATORIES INTERNATIONAL INC</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
        <title>CHARLES RIVER LABS INTL INC 4% 03/15/2031 144A</title>
        <cusip>159864AJ6</cusip>
        <identifiers>
          <isin value="US159864AJ65"/>
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        <balance>6035000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5661173.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>ASBURY AUTOMOTIVE GROUP INC</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ASBURY AUTOMOTIVE GROUP INC 4.625% 11/15/2029 144A</title>
        <cusip>043436AW4</cusip>
        <identifiers>
          <isin value="US043436AW48"/>
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        <balance>4555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4435377.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COHERENT CORP</name>
        <lei>549300O5C25A0MMHHU33</lei>
        <title>COHERENT CORP 5% 12/15/2029 144A</title>
        <cusip>902104AC2</cusip>
        <identifiers>
          <isin value="US902104AC24"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4302681.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 6.5% 10/01/2053#RJ0002</title>
        <cusip>3142GQAC6</cusip>
        <identifiers>
          <isin value="US3142GQAC68"/>
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        <curCd>USD</curCd>
        <valUSD>2648229.56000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
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      <invstOrSec>
        <name>TENNESSEE VALLEY AUTHORITY</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>TENNESSEE VALLEY AUTHORITY 5.375% 04/01/2056</title>
        <cusip>880591DZ2</cusip>
        <identifiers>
          <isin value="US880591DZ22"/>
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        <balance>3503000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3542014.49000000</valUSD>
        <pctVal>0.022154391070</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUB INTERNATIONAL LTD</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB INTERNATIONAL LTD 7.375% 01/31/2032 144A</title>
        <cusip>44332PAJ0</cusip>
        <identifiers>
          <isin value="US44332PAJ03"/>
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        <balance>14685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14947567.80000000</valUSD>
        <pctVal>0.093493198160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNIVISION COMMUNICATIONS INC</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>UNIVISION COMMUNICATIONS INC 8.5% 07/31/2031 144A</title>
        <cusip>914906AZ5</cusip>
        <identifiers>
          <isin value="US914906AZ55"/>
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        <balance>18175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18253643.23000000</valUSD>
        <pctVal>0.114171850998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</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>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>GSCM SWAP PAY 3.275 03/10/28</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLISHTRG"/>
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        <balance>90030000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>719414.42000000</valUSD>
        <pctVal>0.004499752456</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS BANK USA</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                    <counterpartyName>GOLDMAN SACHS BANK USA</counterpartyName>
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                    <name>GOLDMAN SACHS BANK USA</name>
                    <lei>KD3XUN7C6T14HNAYLU02</lei>
                    <title>GSCM FSWP IRS 03/14/29 3.275%VSOFR</title>
                    <cusip>N/A</cusip>
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        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PARK RIVER HOLDINGS INC</name>
        <lei>254900PGY077KWCROT75</lei>
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        <name>B and G FOODS INC</name>
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        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.25% 08/15/2054</title>
        <cusip>912810UC0</cusip>
        <identifiers>
          <isin value="US912810UC08"/>
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        <balance>15760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14070725.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SUPERIOR ENERGY SERVICES INC</name>
        <lei>N/A</lei>
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        <name>HEALTHEQUITY INC</name>
        <lei>529900LRJU1RAFQHM467</lei>
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        <cusip>42226AAA5</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VICI PROPERTIES LP / VICI NOTE CO INC</name>
        <lei>N/A</lei>
        <title>VICI PROPERTIES LP / VICI NOTE CO INC 3.875% 02/15/2029 144A</title>
        <cusip>92564RAL9</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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      <invstOrSec>
        <name>EMCOR GROUP INC</name>
        <lei>529900X0SQJB2J7YDU43</lei>
        <title>EMCOR GROUP INC</title>
        <cusip>29084Q100</cusip>
        <identifiers>
          <isin value="US29084Q1004"/>
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        <balance>26500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21991820.00000000</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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        <name>VENTURE GLOBAL PLAQUEMINES LNG LLC</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>VENTURE GLOBAL PLAQUEMINES LNG LLC 6.5% 01/15/2034 144A</title>
        <cusip>922966AC0</cusip>
        <identifiers>
          <isin value="US922966AC03"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CARVAL CLO XI-C LTD</name>
        <lei>N/A</lei>
        <title>CARVAL CLO XI-C LTD E TSFR3M+635 10/20/2037 144A</title>
        <cusip>14688TAA4</cusip>
        <identifiers>
          <isin value="US14688TAA43"/>
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        <name>COINBASE GLOBAL INC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>91282CCV1</cusip>
        <identifiers>
          <isin value="US91282CCV19"/>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 5191 CA 2.5% 04/25/2050</title>
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        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.875% 12/15/2030 144A</title>
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        <issuerCat>CORP</issuerCat>
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        <name>WH BORROWER LLC</name>
        <lei>2549009H920CQUE3R944</lei>
        <title>WHP TERM B 1LN 02/20/2032</title>
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        <curCd>USD</curCd>
        <valUSD>12207583.26000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 4.75% 02/15/2045</title>
        <cusip>912810UJ5</cusip>
        <identifiers>
          <isin value="US912810UJ50"/>
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        <balance>60470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59149580.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fidelity Hanover Street Trust</name>
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        <title>Fidelity Emerging Markets Debt Central Fund</title>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>ELDORADO GOLD CORP NEW</name>
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        <name>FNMA/FHLG TBA ISSUER</name>
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        <name>MSCI INC</name>
        <lei>549300HTIN2PD78UB763</lei>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>VS BUYER LLC</name>
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        <title>VEEAM SOFTWARE TERM B 1LN 04/14/2031</title>
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        <name>ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER</name>
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        <name>UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC</name>
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        <name>STATE STREET BANK AND TRUST COMPANY</name>
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        <name>SCIH SALT HLDGS INC</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>CHARLOTTE BUYER INC</name>
        <lei>N/A</lei>
        <title>CHARLOTTE BUYER INC 8% 06/30/2031 144A</title>
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          <isin value="US160924AA45"/>
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        <curCd>USD</curCd>
        <valUSD>2439623.36000000</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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          <couponKind>Fixed</couponKind>
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        <name>STERLING INFRASTRUCTURE INC</name>
        <lei>549300RZIK6K1215XU51</lei>
        <title>STERLING INFRASTRUCTURE INC</title>
        <cusip>859241101</cusip>
        <identifiers>
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        <name>ONEOK INC</name>
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        <name>GRIFOLS SA</name>
        <lei>959800HSSNXWRKBK4N60</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FLAT 2025-30A</name>
        <lei>N/A</lei>
        <title>FLAT 2025-30A D2 TSFR3M+410 04/15/2038 144A</title>
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        <curCd>USD</curCd>
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        <name>CONSTRUCTION PARTNERS INC</name>
        <lei>549300G4ICXJKQN32X70</lei>
        <title>CONSTRUCTION PARTNERS INC CL A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <issuerCat>UST</issuerCat>
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        <name>ATI INC</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
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        <curCd>USD</curCd>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>POST HLDGS INC 4.5% 09/15/2031 144A</title>
        <cusip>737446AR5</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>ASBURY AUTOMOTIVE GROUP INC</name>
        <lei>549300JH4DTA7U42GL91</lei>
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        <cusip>043436AU8</cusip>
        <identifiers>
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        <balance>1987000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1966955.94000000</valUSD>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
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        <name>CITADEL SECURITIES GLOBAL HOLDINGS LLC</name>
        <lei>549300NV5RXBUS3X7L47</lei>
        <title>CITADEL SECURITIES TERM B 1LN 06/10/2033</title>
        <cusip>17288YAP7</cusip>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <name>CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC</name>
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        <cusip>12657NAA8</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>VICI PROPERTIES LP / VICI NOTE CO INC</name>
        <lei>N/A</lei>
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        <cusip>92564RAA3</cusip>
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        <balance>12650000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FEDERAL NAT MTG ASN GTD REM PA 21-85 L 2.5% 08/25/2048</title>
        <cusip>3136BKJA1</cusip>
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        <curCd>USD</curCd>
        <valUSD>923942.27000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HOLDINGS LLC 4.5% 11/15/2031 144A</title>
        <cusip>126307BH9</cusip>
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          <isin value="US126307BH94"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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        <name>MADISON IAQ LLC</name>
        <lei>549300IXDNBXNHUPBU73</lei>
        <title>MADISON IAQ LLC 4.125% 06/30/2028 144A</title>
        <cusip>55760LAA5</cusip>
        <identifiers>
          <isin value="US55760LAA52"/>
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        <balance>5345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5258214.25000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BELLRING BRANDS INC</name>
        <lei>N/A</lei>
        <title>BELLRING BRANDS INC 7% 03/15/2030 144A</title>
        <cusip>07831CAA1</cusip>
        <identifiers>
          <isin value="US07831CAA18"/>
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        <balance>6925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6923563.06000000</valUSD>
        <pctVal>0.043305109018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 3.413% 12/25/2026</title>
        <cusip>3137BUX60</cusip>
        <identifiers>
          <isin value="US3137BUX604"/>
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        <balance>17992847.11600000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17895163.95000000</valUSD>
        <pctVal>0.111929655157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHS/CMNTY HEALTH SYSTEMS INC</name>
        <lei>5493007X5NC5XI1BB106</lei>
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        <cusip>12543DBL3</cusip>
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          <isin value="US12543DBL38"/>
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        <balance>5930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5324768.78000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BOYD GAMING CORP</name>
        <lei>254900787YGRYS2A1Z35</lei>
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        <cusip>103304BV2</cusip>
        <identifiers>
          <isin value="US103304BV23"/>
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        <balance>7140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6894618.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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      <invstOrSec>
        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <cusip>629377CE0</cusip>
        <identifiers>
          <isin value="US629377CE03"/>
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        <balance>19350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19358944.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LCM INVESTMENTS HOLDINGS II LLC</name>
        <lei>549300P5V78NNQTG4428</lei>
        <title>LCM INVESTMENTS HOLDINGS II LLC 8.25% 08/01/2031 144A</title>
        <cusip>50190EAC8</cusip>
        <identifiers>
          <isin value="US50190EAC84"/>
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        <balance>3345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3485266.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</annualizedRt>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII 2.375% 02/15/2056</title>
        <cusip>912810US5</cusip>
        <identifiers>
          <isin value="US912810US59"/>
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        <balance>5030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4764683.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MAGNETITE XXIX LTD</name>
        <lei>N/A</lei>
        <title>MAGNETITE XXIX LTD ER TSFR3M+600 07/15/2037 144A</title>
        <cusip>55955JAE7</cusip>
        <identifiers>
          <isin value="US55955JAE73"/>
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        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>396118.64000000</valUSD>
        <pctVal>0.002477620372</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09673100</annualizedRt>
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      <invstOrSec>
        <name>WEEKLEY HOMES LLC / WEEKLEY FIN CORP</name>
        <lei>N/A</lei>
        <title>WEEKLEY HOMES LLC / WEEKLEY FIN CORP 4.875% 09/15/2028 144A</title>
        <cusip>948565AD8</cusip>
        <identifiers>
          <isin value="US948565AD85"/>
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        <balance>3045000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3003005.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ON SEMICONDUCTOR CORP</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
        <title>ON SEMICONDUCTOR CORP 3.875% 09/01/2028 144A</title>
        <cusip>682189AQ8</cusip>
        <identifiers>
          <isin value="US682189AQ81"/>
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        <balance>6765000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6582384.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CORE and MAIN LP</name>
        <lei>549300ZSLF8Q660SCD17</lei>
        <title>CORE and MAIN LP 6% 07/01/2034 144A</title>
        <cusip>21867FAC8</cusip>
        <identifiers>
          <isin value="US21867FAC86"/>
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        <balance>3625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3642048.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VZ SECURED FINANCING BV</name>
        <lei>549300MG611MYCOWY949</lei>
        <title>VZ SECURED FINANCING BV 5% 01/15/2032 144A</title>
        <cusip>91845AAA3</cusip>
        <identifiers>
          <isin value="US91845AAA34"/>
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        <balance>11130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9740699.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 5% 05/15/2045</title>
        <cusip>912810UL0</cusip>
        <identifiers>
          <isin value="US912810UL07"/>
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        <balance>15530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15662247.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>USCLN 2026-SUP1</name>
        <lei>N/A</lei>
        <title>US BANK C and L CREDIT-LINKED NOTES SERIES 25-SUP2 E TSFR1M+400 08/31/2032 144A</title>
        <cusip>90355PAF3</cusip>
        <identifiers>
          <isin value="US90355PAF36"/>
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        <balance>171555.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173211.72000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SYNAPTICS INC</name>
        <lei>549300AJ3LI4FWNRQX29</lei>
        <title>SYNAPTICS INC 4% 06/15/2029 144A</title>
        <cusip>87157DAG4</cusip>
        <identifiers>
          <isin value="US87157DAG43"/>
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        <balance>3500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3454697.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT SOFR30A+50 04/25/2031</title>
        <cusip>3137GB2J3</cusip>
        <identifiers>
          <isin value="US3137GB2J39"/>
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        <balance>20200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20199967.68000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04091670</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>GB AIT BUYER INC</name>
        <lei>254900T5IGTG0Y9WAD71</lei>
        <title>AIT WORLDWIDE TERM B 1LN 04/29/2033</title>
        <cusip>36832FAB0</cusip>
        <identifiers>
          <ticker value="AITWOR"/>
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        <balance>1385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1384667.60000000</valUSD>
        <pctVal>0.008660740265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07913390</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MOSS CREEK RES HLDGS INC</name>
        <lei>54930037SLMSPWKYIX36</lei>
        <title>MOSS CREEK RES HLDGS INC 8.25% 09/01/2031 144A</title>
        <cusip>61965RAC9</cusip>
        <identifiers>
          <isin value="US61965RAC97"/>
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        <balance>2605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2582679.24000000</valUSD>
        <pctVal>0.016153995432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OAK-EAGLE ACQUIRECO INC</name>
        <lei>6488ICS9P20290MA1H31</lei>
        <title>OAK-EAGLE ACQUIRECO INC 7.25% 07/01/2033 144A</title>
        <cusip>67124CAA1</cusip>
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          <isin value="US67124CAA18"/>
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        <balance>11485000.00000000</balance>
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      <invstOrSec>
        <name>NORTHERN OIL AND GAS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SIRIUS XM RADIO INC</name>
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      <invstOrSec>
        <name>GARNET CLO 2025-1 LTD</name>
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        <cusip>36626BAA1</cusip>
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      <invstOrSec>
        <name>WAYFAIR LLC</name>
        <lei>549300CTUWTZGOXMYI40</lei>
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        <name>PROOFPOINT INC</name>
        <lei>529900C5FODDK0WSR085</lei>
        <title>PROOFPOINT TERM B 1LN 08/31/2028</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT SOFR30A+50 03/25/2031</title>
        <cusip>3137HRVH9</cusip>
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          <isin value="US3137HRVH97"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>PG and E CORP</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG and E CORP 5% 07/01/2028</title>
        <cusip>69331CAH1</cusip>
        <identifiers>
          <isin value="US69331CAH16"/>
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        <balance>13615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13539975.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 4% 07/31/2029</title>
        <cusip>91282CLC3</cusip>
        <identifiers>
          <isin value="US91282CLC37"/>
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        <curCd>USD</curCd>
        <valUSD>2568025.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARES MANAGEMENT CORP</name>
        <lei>529900JUV61FH7B8VW38</lei>
        <title>ARES MANAGEMENT CORP CL A</title>
        <cusip>03990B101</cusip>
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          <isin value="US03990B1017"/>
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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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      <invstOrSec>
        <name>VMED O2 UK FINANCING I PLC</name>
        <lei>213800MRR46ECNGZ7L69</lei>
        <title>VMED O2 UK FINANCING I PLC 4.75% 07/15/2031 144A</title>
        <cusip>92858RAB6</cusip>
        <identifiers>
          <isin value="US92858RAB69"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA RESOURCES CORPORATION</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>CALIFORNIA RES CORP 7.25% 01/15/2035 144A</title>
        <cusip>13057QAM9</cusip>
        <identifiers>
          <isin value="US13057QAM96"/>
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        <balance>2575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2554358.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 20YR 2% 11/01/2041#CB2110</title>
        <cusip>3140QMKY9</cusip>
        <identifiers>
          <isin value="US3140QMKY98"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARES MANAGEMENT CORP</name>
        <lei>529900JUV61FH7B8VW38</lei>
        <title>ARES MANAGEMENT CORP 6.75% SER B PC</title>
        <cusip>03990B309</cusip>
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          <isin value="US03990B3096"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>BLOOMIN BRANDS INC / OSI RESTAURANT PARTNERS LLC</name>
        <lei>N/A</lei>
        <title>BLOOMIN BRANDS INC / OSI RESTAURANT PARTNERS LLC 5.125% 04/15/2029 144A</title>
        <cusip>094234AA9</cusip>
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          <isin value="US094234AA90"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6% 08/01/2055#CC0868</title>
        <cusip>3140Y66E5</cusip>
        <identifiers>
          <isin value="US3140Y66E51"/>
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        <curCd>USD</curCd>
        <valUSD>5495287.53000000</valUSD>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>PUREWEST ENERGY LLC</name>
        <lei>5493005THBS2A4IJDY87</lei>
        <title>PUREWEST ENERGY LLC</title>
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          <ticker value="1409517D"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>UNIT CORP</name>
        <lei>549300XGK22FZCTN8B67</lei>
        <title>UNIT CORP ESCROW 0% 12/01/2029</title>
        <cusip>N/A</cusip>
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        <units>PA</units>
        <curCd>USD</curCd>
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        <pctVal>0.000000001063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6% 06/01/2053#CB6538</title>
        <cusip>3140QSHQ7</cusip>
        <identifiers>
          <isin value="US3140QSHQ71"/>
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        <balance>3093788.69100000</balance>
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        <curCd>USD</curCd>
        <valUSD>3208290.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HESS MIDSTREAM PARTNERS LP</name>
        <lei>N/A</lei>
        <title>HESS MIDSTREAM PARTNERS LP 4.25% 02/15/2030 144A</title>
        <cusip>428102AE7</cusip>
        <identifiers>
          <isin value="US428102AE79"/>
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        <balance>4590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4427608.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC</name>
        <lei>N/A</lei>
        <title>FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC 4.625% 01/15/2029 144A</title>
        <cusip>31556TAA7</cusip>
        <identifiers>
          <isin value="US31556TAA79"/>
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        <balance>11750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11425645.95000000</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>0.04625000</annualizedRt>
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      <invstOrSec>
        <name>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT OF 0% 01/15/2027 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015031501"/>
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        <balance>55650000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP</title>
        <cusip>88033G407</cusip>
        <identifiers>
          <isin value="US88033G4073"/>
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        <balance>36500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6828420.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PORTLAND GENERAL ELECTRIC CO</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>PORTLAND GENERAL ELECTRIC CO</title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
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        <balance>13962.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>723650.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MURPHY OIL USA INC</name>
        <lei>N32S6DTR2ZZ5222WHV58</lei>
        <title>MURPHY OIL USA INC 4.75% 09/15/2029</title>
        <cusip>626738AE8</cusip>
        <identifiers>
          <isin value="US626738AE88"/>
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        <balance>4155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4089452.80000000</valUSD>
        <pctVal>0.025578477121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CORE SCIENTIFIC FINANCE I LLC</name>
        <lei>N/A</lei>
        <title>CORE SCIENTIFIC FINANCE I LLC 7.75% 05/15/2031 144A</title>
        <cusip>21874LAA0</cusip>
        <identifiers>
          <isin value="US21874LAA08"/>
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        <balance>10535000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10683077.33000000</valUSD>
        <pctVal>0.066819905361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</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>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC 6.625%/VAR PERP</title>
        <cusip>172967QJ3</cusip>
        <identifiers>
          <isin value="US172967QJ33"/>
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        <balance>4015000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4090469.96000000</valUSD>
        <pctVal>0.025584839196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SPIRIT AVIATION HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>SPIRIT AVIATION HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="LBQ348000"/>
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        <balance>32618.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>652.36000000</valUSD>
        <pctVal>0.000004080344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MACQUARIE AIRFINANCE HOLDINGS LTD</name>
        <lei>549300MCGUSL5B852H65</lei>
        <title>MACQUARIE AIRFINANCE HOLDINGS LTD 6.5% 03/26/2031 144A</title>
        <cusip>55609NAD0</cusip>
        <identifiers>
          <isin value="US55609NAD03"/>
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        <balance>2760000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2884297.07000000</valUSD>
        <pctVal>0.018040537506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ECHOSTAR CORP</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>ECHOSTAR CORP PIK VAR 11/30/2030</title>
        <cusip>278768AA4</cusip>
        <identifiers>
          <isin value="US278768AA44"/>
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        <balance>21074568.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21424426.90000000</valUSD>
        <pctVal>0.134004288620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fidelity Revere Street Trust</name>
        <lei>549300BDV45LJNXBZC55</lei>
        <title>Fidelity Cash Central Fund</title>
        <cusip>31635A105</cusip>
        <identifiers>
          <isin value="US31635A1051"/>
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        <balance>1412978883.25200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1413261479.03000000</valUSD>
        <pctVal>8.839587635903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 4.125% 06/30/2028</title>
        <cusip>91282CQY0</cusip>
        <identifiers>
          <isin value="US91282CQY02"/>
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        <balance>42320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42298509.48000000</valUSD>
        <pctVal>0.264566314843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IES HOLDINGS INC</name>
        <lei>549300687T8E6LN6EN72</lei>
        <title>IES HOLDINGS INC</title>
        <cusip>44951W106</cusip>
        <identifiers>
          <isin value="US44951W1062"/>
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        <balance>86100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>63254226.00000000</valUSD>
        <pctVal>0.395638940397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP</name>
        <lei>549300T0G4GS0SINS786</lei>
        <title>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 5.25% 05/15/2027</title>
        <cusip>451102BZ9</cusip>
        <identifiers>
          <isin value="US451102BZ91"/>
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        <balance>11645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11509369.52000000</valUSD>
        <pctVal>0.071988150823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PLS GROUP LIMITED</name>
        <lei>5299000VV1CZVF5K9C16</lei>
        <title>PLS GROUP LIMITED 6.875% 05/01/2031 144A</title>
        <cusip>69393GAA2</cusip>
        <identifiers>
          <isin value="US69393GAA22"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615149.54000000</valUSD>
        <pctVal>0.003847602406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</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>DAVITA INC</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DAVITA INC 3.75% 02/15/2031 144A</title>
        <cusip>23918KAT5</cusip>
        <identifiers>
          <isin value="US23918KAT51"/>
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        <balance>2075000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1922519.25000000</valUSD>
        <pctVal>0.012024864219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRANE TECHNOLOGIES PLC</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>TRANE TECHNOLOGIES PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BK9ZQ967"/>
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        <balance>33500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16453860.00000000</valUSD>
        <pctVal>0.102914669066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SYNERGY INFRASTRUCTURE HOLDINGS LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELAH HOLDINGS INC</name>
        <lei>549300QGHCFUEGYWKU13</lei>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>MOLINA HEALTHCARE INC</name>
        <lei>549300NQQCEQ46YHZ591</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CROCS INC</name>
        <lei>549300B0J6YCXD63OG72</lei>
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          <isin value="US227046AB51"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FNMA/FHLG TBA ISSUER</name>
        <lei>N/A</lei>
        <title>UMBS 30YR 4.5% 07/01/2056 #TBA</title>
        <cusip>01F042673</cusip>
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          <isin value="US01F0426738"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC</name>
        <lei>N/A</lei>
        <title>ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC 4% 09/01/2029 144A</title>
        <cusip>03969YAB4</cusip>
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          <isin value="US03969YAB48"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ACRISURE LLC</name>
        <lei>549300R0Z1Q47XRTGO22</lei>
        <title>ACRISURE TERM B6 1LN 11/06/2030</title>
        <cusip>00488PAV7</cusip>
        <identifiers>
          <isin value="US00488PAV76"/>
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        <balance>5066712.51000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4572708.04000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-06</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BIRCH GROVE CLO 12 LTD</name>
        <lei>N/A</lei>
        <title>BIRCH GROVE CLO 12 LTD D1 TSFR3M+275 04/22/2038 144A</title>
        <cusip>09090MAJ2</cusip>
        <identifiers>
          <isin value="US09090MAJ27"/>
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        <balance>716000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>718586.19000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-22</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TAIWAN SEMICONDUCTOR MFG CO LTD</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>TAIWAN SEMIC MFG CO LTD SP ADR</title>
        <cusip>874039100</cusip>
        <identifiers>
          <isin value="US8740391003"/>
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        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TKC HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>TKC HOLDINGS INC 8.5% 08/15/2030 144A</title>
        <cusip>87256YAE3</cusip>
        <identifiers>
          <isin value="US87256YAE32"/>
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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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          <couponKind>Fixed</couponKind>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 6.85%/VAR PERP</title>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US ULTRA BOND CBT FUT SEP26 WNU6</title>
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        <identifiers>
          <ticker value="WNU6"/>
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        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DIR</assetCat>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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                <issuerName>UNITED STATES TREASURY BOND</issuerName>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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          <isin value="US17327CBC64"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>NORTHERN OIL AND GAS INC</name>
        <lei>OKFF0PIZDDMNH4UCYE51</lei>
        <title>NORTHERN OIL AND GAS INC 7.875% 10/15/2033 144A</title>
        <cusip>665531AL3</cusip>
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          <isin value="US665531AL37"/>
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        <curCd>USD</curCd>
        <valUSD>4958262.60000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ADVANCION HOLDINGS LLC</name>
        <lei>254900GMIYFF4FZ0A357</lei>
        <title>ANGUS CHEMICAL TERM B 1LN 11/24/2027</title>
        <cusip>04317JAB4</cusip>
        <identifiers>
          <isin value="US04317JAB44"/>
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        <curCd>USD</curCd>
        <valUSD>5488067.56000000</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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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>API GROUP CORP</name>
        <lei>213800NZT1VX6PZ7BT53</lei>
        <title>API GROUP CORP</title>
        <cusip>00187Y100</cusip>
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          <isin value="US00187Y1001"/>
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        <curCd>USD</curCd>
        <valUSD>6856465.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>SUNOCO LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP 4.5% 10/01/2029 144A</title>
        <cusip>86765KAJ8</cusip>
        <identifiers>
          <isin value="US86765KAJ88"/>
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        <balance>4420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4292649.19000000</valUSD>
        <pctVal>0.026849418361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>B and G FOODS INC</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>B and G FOODS INC 8% 09/15/2028 144A</title>
        <cusip>05508WAC9</cusip>
        <identifiers>
          <isin value="US05508WAC91"/>
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        <balance>2445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2447234.73000000</valUSD>
        <pctVal>0.015306824803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>GREAT OUTDOORS GROUP LLC</name>
        <lei>549300IYLDI2E8I2AU46</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEXUS BUYER LLC</name>
        <lei>N/A</lei>
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          <isin value="US65343UAJ16"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 2.57% 07/25/2026</title>
        <cusip>3137BRQJ7</cusip>
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          <isin value="US3137BRQJ72"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>APPLIED SYS INC</name>
        <lei>549300NSKGF0SY5SWQ62</lei>
        <title>APPLIED SYSTEMS TERM 2LN 02/23/2032</title>
        <cusip>03827FBC4</cusip>
        <identifiers>
          <isin value="US03827FBC41"/>
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        <balance>95000.00000000</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>2032-02-23</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ADVANCED DRAIN SYS INC DEL</name>
        <lei>6QQTOZ5MF5DHM7K92I60</lei>
        <title>ADVANCED DRAIN SYS INC DEL 6.375% 06/15/2030 144A</title>
        <cusip>00790RAB0</cusip>
        <identifiers>
          <isin value="US00790RAB06"/>
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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>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GB AIT BUYER INC</name>
        <lei>254900T5IGTG0Y9WAD71</lei>
        <title>GB AIT BUYER INC 8.75% 04/30/2034 144A</title>
        <cusip>36147AAA3</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>PENHALL ACQUISITION COMPANY</name>
        <lei>N/A</lei>
        <title>PENHALL ACQUISITION CMPNY SHAREHOLDERS REPRESENTATIVE ESCROW LINE</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>0.15000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII 2.375% 02/15/2055</title>
        <cusip>912810UH9</cusip>
        <identifiers>
          <isin value="US912810UH94"/>
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        <balance>13390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13010612.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
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        <name>USI INC</name>
        <lei>2549006D7UF7072T7I27</lei>
        <title>USI INC 7.5% 01/15/2032 144A</title>
        <cusip>90346KAB5</cusip>
        <identifiers>
          <isin value="US90346KAB52"/>
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        <balance>3540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3573360.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>MINERAL RESOURCES LTD</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>MINERAL RESOURCES LTD 8.5% 05/01/2030 144A</title>
        <cusip>603051AD5</cusip>
        <identifiers>
          <isin value="US603051AD53"/>
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        <balance>8767000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
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      <invstOrSec>
        <name>NEOGEN FOOD SAFETY CORP</name>
        <lei>N/A</lei>
        <title>NEOGEN FOOD SAFETY CORP 8.625% 07/20/2030 144A</title>
        <cusip>365417AA2</cusip>
        <identifiers>
          <isin value="US365417AA28"/>
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        <balance>2545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2676909.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC 5.875% 05/15/2034 144A</title>
        <cusip>629377DF6</cusip>
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        <curCd>USD</curCd>
        <valUSD>3675563.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHMS K059 A2 CSTR 09/25/2026</title>
        <cusip>3137BSRE5</cusip>
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          <isin value="US3137BSRE59"/>
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        <curCd>USD</curCd>
        <valUSD>2102534.81000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03120000</annualizedRt>
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        <name>GRAPHIC PACKAGING INTL INC</name>
        <lei>SO75N4VY5NXGQSK8YQ65</lei>
        <title>GRAPHIC PACKAGING INTL INC 3.75% 02/01/2030 144A</title>
        <cusip>38869AAD9</cusip>
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          <isin value="US38869AAD90"/>
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        <curCd>USD</curCd>
        <valUSD>3369249.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
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        <name>MGIC INVESTMENT CORP</name>
        <lei>254900S8483WM4M98R28</lei>
        <title>MGIC INVESTMENT CORP 5.25% 08/15/2028</title>
        <cusip>552848AG8</cusip>
        <identifiers>
          <isin value="US552848AG81"/>
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        <balance>4725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4717180.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>FIRST QUANTUM MINERALS LTD</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM MINERALS LTD 7.25% 02/15/2034 144A</title>
        <cusip>335934AX3</cusip>
        <identifiers>
          <isin value="US335934AX36"/>
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        <curCd>USD</curCd>
        <valUSD>3667316.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>FEDERAL FARM CREDIT BANKS</name>
        <lei>254900C5LP6DN9OP9V83</lei>
        <title>FEDERAL FARM CREDIT BANKS VFAC SOFR+16.5 01/19/2029</title>
        <cusip>3133EWEB2</cusip>
        <identifiers>
          <isin value="US3133EWEB29"/>
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        <balance>65280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65278653.93000000</valUSD>
        <pctVal>0.408301217241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03785000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 20YR 3% 10/01/2040#FM7397</title>
        <cusip>3140XBGF1</cusip>
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        <balance>2937714.83900000</balance>
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        <curCd>USD</curCd>
        <valUSD>2739154.40000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>TEVA PHARMACEUTICAL FIN NETH III B V</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>TEVA PHARMACEUTICAL FIN NETH III B V 5.125% 05/09/2029</title>
        <cusip>88167AAQ4</cusip>
        <identifiers>
          <isin value="US88167AAQ40"/>
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        <balance>2775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2774064.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ACRISURE LLC / ACRISURE FINANCE INC</name>
        <lei>N/A</lei>
        <title>ACRISURE LLC / ACRISURE FINANCE INC 6% 08/01/2029 144A</title>
        <cusip>00489LAH6</cusip>
        <identifiers>
          <isin value="US00489LAH69"/>
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        <balance>8245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7256374.29000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAYFAIR LLC</name>
        <lei>549300CTUWTZGOXMYI40</lei>
        <title>WAYFAIR LLC 7.25% 10/31/2029 144A</title>
        <cusip>94419NAA5</cusip>
        <identifiers>
          <isin value="US94419NAA54"/>
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        <balance>5635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5815658.10000000</valUSD>
        <pctVal>0.036375447996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARNIVAL CORP LTD</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CARNIVAL CORP LTD 5.125% 05/01/2029 144A</title>
        <cusip>143658CB6</cusip>
        <identifiers>
          <isin value="US143658CB65"/>
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        <balance>5400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5391645.12000000</valUSD>
        <pctVal>0.033723355689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 3.5% 09/25/2051</title>
        <cusip>3137H6XY6</cusip>
        <identifiers>
          <isin value="US3137H6XY61"/>
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        <balance>4686936.63200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4541366.94000000</valUSD>
        <pctVal>0.028405084019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SHEA HOMES LTD PARTNERSHIP / SHEA HOMES FDG CORP</name>
        <lei>N/A</lei>
        <title>SHEA HOMES LTD PARTNERSHP/CORP 4.75% 04/01/2029</title>
        <cusip>82088KAJ7</cusip>
        <identifiers>
          <isin value="US82088KAJ79"/>
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        <balance>4830000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4720652.66000000</valUSD>
        <pctVal>0.029526470158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>OPEN TEXT HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>OPEN TEXT HOLDINGS INC 4.125% 12/01/2031 144A</title>
        <cusip>683720AC0</cusip>
        <identifiers>
          <isin value="US683720AC08"/>
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        <balance>2490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2185936.64000000</valUSD>
        <pctVal>0.013672472350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</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>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>JPSW SWAP REC 4.36 03/20/31</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLISHUVU"/>
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        <balance>-51200000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3026248.70000000</valUSD>
        <pctVal>-0.01892840849</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                    <counterpartyName>JPMORGAN CHASE BANK NA NEW YORK NY</counterpartyName>
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                    <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
                    <lei>7H6GLXDRUGQFU57RNE97</lei>
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                    <cusip>N/A</cusip>
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                      <other otherDesc="Internal" value="MIF212000"/>
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                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
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            <delta>XXXX</delta>
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      <invstOrSec>
        <name>NEXTPOWER INC</name>
        <lei>N/A</lei>
        <title>NEXTPOWER INC</title>
        <cusip>65290E101</cusip>
        <identifiers>
          <isin value="US65290E1010"/>
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        <balance>177900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21195006.00000000</valUSD>
        <pctVal>0.132569319804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SCRIPPS ESCROW II INC</name>
        <lei>N/A</lei>
        <title>SCRIPPS ESCROW II INC 3.875% 01/15/2029 144A</title>
        <cusip>81105DAA3</cusip>
        <identifiers>
          <isin value="US81105DAA37"/>
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        <balance>1655000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1509827.70000000</valUSD>
        <pctVal>0.009443584550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER</name>
        <lei>N/A</lei>
        <title>ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 7% 01/15/2031 144A</title>
        <cusip>01883LAF0</cusip>
        <identifiers>
          <isin value="US01883LAF04"/>
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        <balance>8605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8744900.09000000</valUSD>
        <pctVal>0.054697104435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONSTELLATION ENERGY CORP</name>
        <lei>549300F8Y20RYGNGV346</lei>
        <title>CONSTELLATION ENERGY CORP</title>
        <cusip>21037T109</cusip>
        <identifiers>
          <isin value="US21037T1097"/>
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        <balance>51600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12815892.00000000</valUSD>
        <pctVal>0.080160113430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SABRE GLBL INC</name>
        <lei>F2TJC7HPPHLHU1AQMP98</lei>
        <title>SABRE GLBL INC 11.125% 07/15/2030 144A</title>
        <cusip>78573NAM4</cusip>
        <identifiers>
          <isin value="US78573NAM48"/>
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        <balance>13975000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13405379.00000000</valUSD>
        <pctVal>0.083847203239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 2.5% 11/25/2047</title>
        <cusip>3137H5F77</cusip>
        <identifiers>
          <isin value="US3137H5F778"/>
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        <balance>1176566.79500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1071578.33000000</valUSD>
        <pctVal>0.006702447280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ATLAS LUXCO 4 SARL / ALLIED UNIVERSAL HOLDCO LLC / ALLIED UNIVERSAL FINANCE CORP</name>
        <lei>N/A</lei>
        <title>ATLAS LUX 4 SARL/ALD UNI HLDC LLC/ALD UNI FIN CRP 4.625% 06/01/2028 144A</title>
        <cusip>049362AA4</cusip>
        <identifiers>
          <isin value="US049362AA49"/>
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        <balance>3736000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3671443.41000000</valUSD>
        <pctVal>0.022963935729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LSB INDUSTRIES INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTHERN NAT GAS CO LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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      <invstOrSec>
        <name>MARTIN MARIETTA MATERIALS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MINERAL RESOURCES LTD</name>
        <lei>5299007V1ACKFFX2P066</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRINET GROUP INC</name>
        <lei>5299003FJVBETSFKE990</lei>
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        <cusip>896288AA5</cusip>
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          <isin value="US896288AA51"/>
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        <balance>4545000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ONEMAIN FINANCE CORP</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>ONEMAIN FINANCE CORP 5.375% 11/15/2029</title>
        <cusip>85172FAR0</cusip>
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        <balance>5560000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>ROLLER BEARING CO OF AMERICA</name>
        <lei>254900U9XW6S76H2P167</lei>
        <title>ROLLER BEARING CO OF AMERICA 4.375% 10/15/2029 144A</title>
        <cusip>775631AD6</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLISHTV6"/>
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        <balance>7090000.00000000</balance>
        <units>NC</units>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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                    <balance>N/A</balance>
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        <name>KEHE DIST/FIN / NEXTWAVE</name>
        <lei>N/A</lei>
        <title>KEHE DIST/FIN / NEXTWAVE 9% 02/15/2029 144A</title>
        <cusip>487526AC9</cusip>
        <identifiers>
          <isin value="US487526AC91"/>
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        <balance>14850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15545737.35000000</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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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA GTD MTG PASS THRU CTF SOFR30A+120 02/25/2055</title>
        <cusip>3136BUVN7</cusip>
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        <balance>4974079.45500000</balance>
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        <curCd>USD</curCd>
        <valUSD>5017603.65000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AHLSTROM HOLDING 3 OY</name>
        <lei>743700UEY0YM039XN974</lei>
        <title>AHLSTROM TERM B 1LN 5/23/2030</title>
        <cusip>78475BAB3</cusip>
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        <curCd>USD</curCd>
        <valUSD>4085071.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-23</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC 3.375% 02/15/2029 144A</title>
        <cusip>629377CQ3</cusip>
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        <curCd>USD</curCd>
        <valUSD>2937764.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
        <title>COREWEAVE INC 9.25% 06/01/2030 144A</title>
        <cusip>21873SAB4</cusip>
        <identifiers>
          <isin value="US21873SAB43"/>
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        <curCd>USD</curCd>
        <valUSD>20678449.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09250000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT K557 AS 4.19% 12/25/2030</title>
        <cusip>3137HQSQ5</cusip>
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          <isin value="US3137HQSQ50"/>
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        <balance>12399058.03000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12399038.19000000</valUSD>
        <pctVal>0.077552799894</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CROCS INC</name>
        <lei>549300B0J6YCXD63OG72</lei>
        <title>CROCS INC 4.25% 03/15/2029 144A</title>
        <cusip>227046AA7</cusip>
        <identifiers>
          <isin value="US227046AA78"/>
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        <balance>4325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4196338.17000000</valUSD>
        <pctVal>0.026247017663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC 6.75%/VAR PERP</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KLA CORP</name>
        <lei>549300H0BF5JCG96TJ81</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LEVEL 3 FINANCING INC</name>
        <lei>254900AE5FEFIJOXWL19</lei>
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        <cusip>527298CN1</cusip>
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          <isin value="US527298CN12"/>
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        <balance>18025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18586262.45000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SESI LLC</name>
        <lei>XDZ56K6RXS5J1ESBZS35</lei>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2743426.80000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>EP ENERGY CORP</name>
        <lei>549300Z6HPQS1H5IYQ07</lei>
        <title>EP ENERGY CORP ESCROW</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>MGM RESORTS INTERNATIONAL</name>
        <lei>54930066VBP7DZEGGJ87</lei>
        <title>MGM RESORTS INTERNATIONAL 4.75% 10/15/2028</title>
        <cusip>552953CH2</cusip>
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          <isin value="US552953CH22"/>
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        <curCd>USD</curCd>
        <valUSD>6692249.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ARCOSA INC</name>
        <lei>549300WFHLTCZV7D6V29</lei>
        <title>ARCOSA INC 4.375% 04/15/2029 144A</title>
        <cusip>039653AA8</cusip>
        <identifiers>
          <isin value="US039653AA89"/>
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        <balance>4130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4062223.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AIR CANADA INC</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>AIR CANADA INC 3.875% 08/15/2026 144A</title>
        <cusip>008911BK4</cusip>
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        <curCd>USD</curCd>
        <valUSD>4224684.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BOAM SWAP PAY 3.8 08/10/26</title>
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        <identifiers>
          <other otherDesc="Bloomberg" value="COSLISH6FC"/>
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        <name>HF SINCLAIR CORP</name>
        <lei>2549009G116AM01XHN24</lei>
        <title>HF SINCLAIR CORP 5% 02/01/2028</title>
        <cusip>403949AQ3</cusip>
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          <isin value="US403949AQ34"/>
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        <balance>4350000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>COREWEAVE FINANCING DDTL V LLC</name>
        <lei>N/A</lei>
        <title>COREWEAVE GPU TERM B 1LN 11/15/2031</title>
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        <curCd>USD</curCd>
        <valUSD>1738741.95000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TARGA RESOURCES PARTNERS LP/ TARGA RESOURCES PARTNERS FIN</name>
        <lei>N/A</lei>
        <title>TARGA RES P LP/TARGA RES P FIN 4.875% 02/01/2031</title>
        <cusip>87612BBS0</cusip>
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        <balance>6345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6320693.89000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MEDLINE INC</name>
        <lei>984500FAN6J1P8566D43</lei>
        <title>MEDLINE INC</title>
        <cusip>58507V107</cusip>
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          <isin value="US58507V1070"/>
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        <balance>27800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1096432.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 20YR 2.5% 02/01/2042#SC0248</title>
        <cusip>3132D9HZ0</cusip>
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        <curCd>USD</curCd>
        <valUSD>1767807.11000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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      <invstOrSec>
        <name>JANE STREET GRP/JSG FIN</name>
        <lei>N/A</lei>
        <title>JANE STREET GRP/JSG FIN 4.5% 11/15/2029 144A</title>
        <cusip>47077WAA6</cusip>
        <identifiers>
          <isin value="US47077WAA62"/>
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        <balance>3985000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3884134.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CARLYLE US CLO 2024-6 LTD</name>
        <lei>N/A</lei>
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        <cusip>14319QAA7</cusip>
        <identifiers>
          <isin value="US14319QAA76"/>
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        <balance>468000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>468412.78000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09416590</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GLOBAL PARTNERS LP / GLP FIN CORP</name>
        <lei>N/A</lei>
        <title>GLOBAL PARTNERS LP / GLP FIN CORP 7.125% 07/01/2033 144A</title>
        <cusip>37954FAL8</cusip>
        <identifiers>
          <isin value="US37954FAL85"/>
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        <balance>2395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2423385.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.875% 08/15/2045</title>
        <cusip>912810UN6</cusip>
        <identifiers>
          <isin value="US912810UN62"/>
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        <balance>1210000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1200783.20000000</valUSD>
        <pctVal>0.007510590563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 2.5% 11/25/2047</title>
        <cusip>3137H5KC0</cusip>
        <identifiers>
          <isin value="US3137H5KC06"/>
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        <balance>4255842.30500000</balance>
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        <curCd>USD</curCd>
        <valUSD>3896630.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>
        <name>YUM BRANDS INC</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM BRANDS INC 4.625% 01/31/2032</title>
        <cusip>988498AP6</cusip>
        <identifiers>
          <isin value="US988498AP63"/>
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        <balance>5905000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5650474.36000000</valUSD>
        <pctVal>0.035342266120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BBAM US CLO III LTD</name>
        <lei>N/A</lei>
        <title>BBAM US CLO III LTD DR TSFR3M+ 10/15/2038 144A</title>
        <cusip>054972AE4</cusip>
        <identifiers>
          <isin value="US054972AE47"/>
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        <balance>404000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>393199.46000000</valUSD>
        <pctVal>0.002459361651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08873100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.75% 05/15/2055</title>
        <cusip>912810UK2</cusip>
        <identifiers>
          <isin value="US912810UK24"/>
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        <balance>14700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14259574.18000000</valUSD>
        <pctVal>0.089189974739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6% 11/01/2053#FS6498</title>
        <cusip>3140XNGG3</cusip>
        <identifiers>
          <isin value="US3140XNGG39"/>
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        <balance>682496.74900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>702279.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>CVR ENERGY INC</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVR ENERGY INC 5.75% 02/15/2028 144A</title>
        <cusip>12662PAD0</cusip>
        <identifiers>
          <isin value="US12662PAD06"/>
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        <balance>11211000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11185446.77000000</valUSD>
        <pctVal>0.069962097203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</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>FOCUS FINANCIAL PARTNERS LLC</name>
        <lei>5493007L0E0VKRC2CP39</lei>
        <title>FOCUS FINANCIAL TERM B 1LN 09/15/2031</title>
        <cusip>34416DBD9</cusip>
        <identifiers>
          <isin value="US34416DBD93"/>
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        <balance>10318333.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10055216.12000000</valUSD>
        <pctVal>0.062892794723</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>Variable</couponKind>
          <annualizedRt>0.06143920</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>
        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM G.B. and N.IRELAND 5.375% 01/31/2056 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BT7J0241"/>
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        <balance>18000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75389197"/>
        <valUSD>23503632.76000000</valUSD>
        <pctVal>0.147009187349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</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>SHOPIFY INC</name>
        <lei>549300HGQ43STJLLP808</lei>
        <title>SHOPIFY INC CL A</title>
        <cusip>82509L107</cusip>
        <identifiers>
          <isin value="CA82509L1076"/>
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        <balance>103100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.41825000"/>
        <valUSD>11795526.88000000</valUSD>
        <pctVal>0.073777991627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHARLES RIVER LABORATORIES INTERNATIONAL INC</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
        <title>CHARLES RIVER LABS INTL INC 4.25% 05/01/2028 144A</title>
        <cusip>159864AE7</cusip>
        <identifiers>
          <isin value="US159864AE78"/>
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        <balance>2045000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2006605.74000000</valUSD>
        <pctVal>0.012550803621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC</name>
        <lei>N/A</lei>
        <title>1011778 BC ULC/NEW RED FIN INC 3.875% 01/15/2028 144A</title>
        <cusip>68245XAH2</cusip>
        <identifiers>
          <isin value="US68245XAH26"/>
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        <balance>5685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5578148.72000000</valUSD>
        <pctVal>0.034889887814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</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>OCP CLO 2017-14 LTD</name>
        <lei>N/A</lei>
        <title>OCP CLO 2017-14 LTD ER TSFR3M+655 07/20/2037 144A</title>
        <cusip>67097TAG4</cusip>
        <identifiers>
          <isin value="US67097TAG40"/>
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        <balance>553000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>547050.83000000</valUSD>
        <pctVal>0.003421662462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10225230</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>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 10YR NOTE FUT (CBT)SEP26 TYU6</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYU6"/>
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        <balance>9850.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6023134.31000000</valUSD>
        <pctVal>0.037673158411</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>UST NOTES</issuerName>
                <issueTitle>UST NOTES 0% 06/30/2040</issueTitle>
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                  <other otherDesc="Internal" value="9128279J3"/>
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            <unrealizedAppr>6023134.31000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TERAWULF INC</name>
        <lei>254900CVMW1SX2T78A64</lei>
        <title>TERAWULF INC</title>
        <cusip>88080T104</cusip>
        <identifiers>
          <isin value="US88080T1043"/>
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        <balance>428100.00000000</balance>
        <units>NS</units>
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        <name>GERMANY FEDERAL REPUBLIC OF</name>
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        <name>BAYARD PK CLO LTD</name>
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        <name>GNMA GUARANTEED PASS THRU CERT</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ANGI GROUP LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROLLS-ROYCE PLC</name>
        <lei>X57JK1U580XATGR67572</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PEX HOLDINGS LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PERFORMANCE FOOD GROUP INC</name>
        <lei>549300OMUOGBYK0FFO76</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK OF AMERICA, N.A.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SERVICE CORP INTERNATIONAL INC</name>
        <lei>549300RKVM2ME20JHZ15</lei>
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      <invstOrSec>
        <name>MPT OPER PARTNERSHIP LP / MPT FIN CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <cusip>3132D9HN7</cusip>
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        <curCd>USD</curCd>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <name>PERATON CORP</name>
        <lei>549300EQPCK07ZW63836</lei>
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        <name>KLOECKNER PENTAPLAST OF AMERICA INC</name>
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        <title>KLOECKNER PENTAPLAST REORG NEW EQUITY</title>
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      <invstOrSec>
        <name>EAGLE MATLS INC</name>
        <lei>529900KRXRGXL61SG039</lei>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HOLDINGS LLC 6.5% 02/01/2029 144A</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FEDERAL NAT MTG ASN GTD REM PA 21-96 HA 2.5% 02/25/2050</title>
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        <curCd>USD</curCd>
        <valUSD>1438595.69000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>NISSAN MOTOR ACCEPTANCE CO LLC</name>
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      <invstOrSec>
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        <name>COREWEAVE INC</name>
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        <name>Fidelity Revere Street Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FNMA/FHLG TBA ISSUER</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES TREASURY BOND</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FAIR ISAAC CORPORATION</name>
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        <lei>549300S4KLFTLO7GSQ80</lei>
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        <name>PARK RIVER HOLDINGS INC</name>
        <lei>254900PGY077KWCROT75</lei>
        <title>PRIMESOURCE TERM B 1LN 3/15/2031</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <cusip>3137H6RW7</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 3% 05/15/2045</title>
        <cusip>912810RM2</cusip>
        <identifiers>
          <isin value="US912810RM27"/>
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        <balance>20100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15283066.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.75% 08/15/2028 144A</title>
        <cusip>893647BR7</cusip>
        <identifiers>
          <isin value="US893647BR70"/>
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        <balance>12760000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12887600.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>TRI POINTE HOMES INC</name>
        <lei>N/A</lei>
        <title>TRI POINTE HOMES INC 5.7% 06/15/2028</title>
        <cusip>87265HAG4</cusip>
        <identifiers>
          <isin value="US87265HAG48"/>
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        <balance>8715000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8742853.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05700000</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>INSTALLED BUILDING PRODUCTS INC</name>
        <lei>549300I95Y9P9YM5FI86</lei>
        <title>INSTALLED BLDG PRODS INC 5.625% 02/01/2034 144A</title>
        <cusip>45780RAB7</cusip>
        <identifiers>
          <isin value="US45780RAB78"/>
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        <balance>4010000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3980312.37000000</valUSD>
        <pctVal>0.024895831758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</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>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BOAM SWAP PAY 4.442 06/16/31</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLISI7DY"/>
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        <balance>34000000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1854970.98000000</valUSD>
        <pctVal>0.011602367136</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
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                    <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
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                    <name>BANK OF AMERICA, N.A.</name>
                    <lei>B4TYDEB6GKMZO031MB27</lei>
                    <title>BOAM FSWP IRS 06/18/41 4.442%VSOFR</title>
                    <cusip>N/A</cusip>
                    <identifiers>
                      <other otherDesc="Internal" value="MWO746000"/>
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                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
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                  <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="UNITED STATES SOFR SECURED OVERNIGHT FINL RATE INDX" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
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                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Month" resetDtUnit="12"/>
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                  <upfrontRcpt>0.00000000</upfrontRcpt>
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            <shareNo>1.00000000</shareNo>
            <exercisePrice>4.44200000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-138789.02000000</unrealizedAppr>
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        <securityLending>
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      <invstOrSec>
        <name>WILLSCOT HOLDINGS CORP</name>
        <lei>549300HJ4VIXF476Q166</lei>
        <title>WILLSCOT HOLDINGS CORP</title>
        <cusip>971378104</cusip>
        <identifiers>
          <isin value="US9713781048"/>
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        <balance>568000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16392480.00000000</valUSD>
        <pctVal>0.102530752928</pctVal>
        <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>CLEARWAY ENERGY OPERATING LLC</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>CLEARWAY ENERGY OPER LLC 4.75% 03/15/2028 144A</title>
        <cusip>18539UAC9</cusip>
        <identifiers>
          <isin value="US18539UAC99"/>
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        <balance>4055000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4017750.77000000</valUSD>
        <pctVal>0.025129999336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>ONEMAIN FINANCE CORP</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>ONEMAIN FINANCE CORP 6.625% 01/15/2028</title>
        <cusip>85172FAQ2</cusip>
        <identifiers>
          <isin value="US85172FAQ28"/>
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        <balance>4415000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4479644.43000000</valUSD>
        <pctVal>0.028019025569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</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>SURGERY CENTER HLDGS INC</name>
        <lei>54930054EVI5HWPPW113</lei>
        <title>SURGERY CENTER HLDGS INC 7.25% 04/15/2032 144A</title>
        <cusip>86881WAF9</cusip>
        <identifiers>
          <isin value="US86881WAF95"/>
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        <balance>3060000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3097763.46000000</valUSD>
        <pctVal>0.019375714958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>TRANSOCEAN INTERNATIONAL LTD</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>TRANSOCEAN INTERNATIONAL LTD 8.75% 02/15/2030 144A</title>
        <cusip>893830BX6</cusip>
        <identifiers>
          <isin value="US893830BX61"/>
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        <balance>7826000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8132051.38000000</valUSD>
        <pctVal>0.050863893129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 2.9% 02/15/2036 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000BU2Z064"/>
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        <balance>98350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
        <valUSD>112742175.21000000</valUSD>
        <pctVal>0.705173354555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02900000</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>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 1.5% 06/25/2051</title>
        <cusip>3137H1B70</cusip>
        <identifiers>
          <isin value="US3137H1B701"/>
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        <balance>3563363.48800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2975914.15000000</valUSD>
        <pctVal>0.018613578814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP</name>
        <lei>549300T0G4GS0SINS786</lei>
        <title>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 4.375% 02/01/2029</title>
        <cusip>451102CC9</cusip>
        <identifiers>
          <isin value="US451102CC97"/>
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        <balance>6375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5444840.96000000</valUSD>
        <pctVal>0.034056082008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</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>SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB INC</name>
        <lei>N/A</lei>
        <title>SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB INC 6.75% 08/15/2032 144A</title>
        <cusip>82453AAB3</cusip>
        <identifiers>
          <isin value="US82453AAB35"/>
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        <balance>2305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2309406.54000000</valUSD>
        <pctVal>0.014444744868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <name>ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER</name>
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        <name>ATI INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ADIENT GLOBAL HOLDINGS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MASTERCARD INC</name>
        <lei>AR5L2ODV9HN37376R084</lei>
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        <name>SIRIUS XM RADIO INC</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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          <isin value="US172967QK06"/>
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        <assetCat>EP</assetCat>
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        <name>TENET HEALTHCARE CORP</name>
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        <name>ONEMAIN FINANCE CORP</name>
        <lei>5493008I795YYBFWFU90</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LONDON CLEARING HOUSE</name>
        <lei>N/A</lei>
        <title>LCH OIS SOFRV4.0% MAC 09/16/46</title>
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          <other otherDesc="Bloomberg" value="COSLPPLTIS"/>
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        <assetCat>DIR</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OPEN TEXT CORPORATION</name>
        <lei>549300UQROQS42RKHM85</lei>
        <title>OPEN TEXT CORPORATION 6.9% 12/01/2027 144A</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>EVERFORTH INC</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>EVERFORTH INC 4.625% 05/15/2028 144A</title>
        <cusip>00191UAA0</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VCI Asset Holdings 3 LLC</name>
        <lei>N/A</lei>
        <title>VCI Asset Holdings 3 LLC TERM TL 4/15/2031</title>
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          <other otherDesc="Internal" value="MJR831000"/>
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        <curCd>USD</curCd>
        <valUSD>4418118.80000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 3.3% 10/25/2026</title>
        <cusip>3137BTAC5</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 20YR 2.5% 05/01/2042#RB0710</title>
        <cusip>3133KTYF1</cusip>
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        <curCd>USD</curCd>
        <valUSD>298557.52000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNITED PF HOLDINGS LLC</name>
        <lei>2549002AF6PASVP2G486</lei>
        <title>UNITED PLANET FITNESS TERM 1LN 12/30/2026</title>
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        <curCd>USD</curCd>
        <valUSD>2700904.68000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>LBM ACQUISITION LLC</name>
        <lei>549300FAEB3VWZL4NI86</lei>
        <title>LBM ACQUISITION LLC 9.5% 06/15/2031 144A</title>
        <cusip>52109SAB5</cusip>
        <identifiers>
          <isin value="US52109SAB51"/>
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        <curCd>USD</curCd>
        <valUSD>7452795.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRON MOUNTAIN INC</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC 4.875% 09/15/2029 144A</title>
        <cusip>46284VAF8</cusip>
        <identifiers>
          <isin value="US46284VAF85"/>
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        <balance>14590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14316886.87000000</valUSD>
        <pctVal>0.089548450897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>AVENTIV TECHNOLOGIES LLC</name>
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        <name>WOLFSPEED INC/DE</name>
        <lei>N/A</lei>
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        <name>MPT OPER PARTNERSHIP LP / MPT FIN CORP</name>
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        <name>UST NOTES</name>
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        <name>NABORS INDUSTRIES INC</name>
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        <name>BEAZER HOMES USA INC</name>
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        <name>ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 4.375% 08/15/2043</title>
        <cusip>912810TU2</cusip>
        <identifiers>
          <isin value="US912810TU25"/>
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        <balance>49031000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46104462.19000000</valUSD>
        <pctVal>0.288371571702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIDOCEAN CR CLO XVI</name>
        <lei>N/A</lei>
        <title>MIDOCEAN CR CLO XVI E TSFR3M+625 10/20/2037 144A</title>
        <cusip>597922AA1</cusip>
        <identifiers>
          <isin value="US597922AA16"/>
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        <balance>464000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>458167.52000000</valUSD>
        <pctVal>0.002865720183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09925230</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JACOBS ENTERTAINMENT INC</name>
        <lei>5493004U9JIWY3HSUO63</lei>
        <title>JACOBS ENTERTAINMENT INC 6.75% 02/15/2029 144A</title>
        <cusip>469815AK0</cusip>
        <identifiers>
          <isin value="US469815AK08"/>
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        <balance>3955000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3875900.00000000</valUSD>
        <pctVal>0.024242759196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MADISON PARK FUNDING LXXII LTD</name>
        <lei>N/A</lei>
        <title>MADISON PARK FUNDING LXXII LTD D2 8.345% 07/23/2038 144A</title>
        <cusip>55823DAL4</cusip>
        <identifiers>
          <isin value="US55823DAL47"/>
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        <balance>308000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>309167.32000000</valUSD>
        <pctVal>0.001933762194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08345000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MOLINA HEALTHCARE INC</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>MOLINA HEALTHCARE INC 4.375% 06/15/2028 144A</title>
        <cusip>60855RAJ9</cusip>
        <identifiers>
          <isin value="US60855RAJ95"/>
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        <balance>4690000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4608111.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</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>
        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>ALTICE FRANCE SA 6.5% 04/15/2032 144A</title>
        <cusip>02090DAD0</cusip>
        <identifiers>
          <isin value="US02090DAD03"/>
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        <balance>32580059.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31486095.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 4.125% 05/31/2031</title>
        <cusip>91282CQU8</cusip>
        <identifiers>
          <isin value="US91282CQU89"/>
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        <balance>12000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11955937.44000000</valUSD>
        <pctVal>0.074781318488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</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>
        <name>BATH and BODY WORKS INC</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>BATH and BODY WORKS INC 6.625% 10/01/2030 144A</title>
        <cusip>501797AW4</cusip>
        <identifiers>
          <isin value="US501797AW48"/>
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        <balance>6650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6783571.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FINANCE CORP</name>
        <lei>N/A</lei>
        <title>ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FIN CORP 5.75% 01/15/2028 144A</title>
        <cusip>03690AAF3</cusip>
        <identifiers>
          <isin value="US03690AAF30"/>
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        <balance>10640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10636369.63000000</valUSD>
        <pctVal>0.066527760692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ATI INC</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
        <title>ATI INC 4.875% 10/01/2029</title>
        <cusip>01741RAL6</cusip>
        <identifiers>
          <isin value="US01741RAL69"/>
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        <balance>2795000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2764365.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACRISURE HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>ACRISURE HOLDINGS INC SER A-2 PC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="LEI295000"/>
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        <balance>2286756.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>72718840.80000000</valUSD>
        <pctVal>0.454837675526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FNMA/FHLG TBA ISSUER</name>
        <lei>N/A</lei>
        <title>UMBS 30YR 2.5% 07/01/2056 #TBA</title>
        <cusip>01F022675</cusip>
        <identifiers>
          <isin value="US01F0226757"/>
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        <balance>-36925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-30845357.83000000</valUSD>
        <pctVal>-0.19292979235</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BOAM SWAP PAY 3.565 09/15/26</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Bloomberg" value="COSLISHCM0"/>
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        <balance>23780000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>935865.94000000</valUSD>
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        <assetCat>DIR</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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                    <name>BANK OF AMERICA, N.A.</name>
                    <lei>B4TYDEB6GKMZO031MB27</lei>
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                    <cusip>N/A</cusip>
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                      <other otherDesc="Internal" value="LQB754000"/>
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                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
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      <invstOrSec>
        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>BOMBARDIER INC 7.25% 07/01/2031 144A</title>
        <cusip>097751CB5</cusip>
        <identifiers>
          <isin value="US097751CB51"/>
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        <balance>2610000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2730903.03000000</valUSD>
        <pctVal>0.017081097176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 5180 KA 2.5% 10/25/2047</title>
        <cusip>3137H5BG1</cusip>
        <identifiers>
          <isin value="US3137H5BG11"/>
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        <balance>1148717.04200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1046826.07000000</valUSD>
        <pctVal>0.006547628250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SWITZERLAND CONFEDERATION</name>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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          <isin value="US91282CQA26"/>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TAYLOR MORRISON COMMUNITIES INC</name>
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        <identifiers>
          <isin value="US87724RAJ14"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>EG AMERICA LLC</name>
        <lei>549300BY1CRYVPEG9R57</lei>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV</name>
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        <cusip>68622TAA9</cusip>
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          <isin value="US68622TAA97"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
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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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEXTERA ENERGY OPERATING PARTNERS LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
        <title>NEXTERA ENERGY OPERATING PARTNERS LP 7.75% 04/15/2034 144A</title>
        <cusip>98379YAA0</cusip>
        <identifiers>
          <isin value="US98379YAA01"/>
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        <balance>7635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8036371.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
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      <invstOrSec>
        <name>HERENS US HOLDCO CORP</name>
        <lei>549300Y0CIXN5D40L888</lei>
        <title>LONZA SPECIALTY INGREDIENTS TERM B 1LN 07/03/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAL4780EAC83"/>
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        <balance>7675226.34000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7254547.18000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>1261229 BC LTD</name>
        <lei>N/A</lei>
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        <cusip>68288AAA5</cusip>
        <identifiers>
          <isin value="US68288AAA51"/>
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        <balance>29875000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UNITI GROUP LP / UNITI FIBER HOLDINGS INC / CSL CAPITAL LLC</name>
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        <cusip>91327AAB8</cusip>
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          <isin value="US91327AAB89"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HILTON WORLDWIDE FIN LLC / HILTON WORLDWIDE FIN CORP</name>
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        <cusip>432891AK5</cusip>
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        <valUSD>5208605.34000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>ALTICE FRANCE SA 6.875% 10/15/2030 144A</title>
        <cusip>02090DAB4</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CONNECT FINCO SARL</name>
        <lei>2594001KNYIQ456J2792</lei>
        <title>INMARSAT TERM B 1LN 9/27/2029</title>
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        <identifiers>
          <isin value="XAL2000DAH79"/>
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        <curCd>USD</curCd>
        <valUSD>5149577.88000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA GOVERNMENT OF 3.25% 06/01/2035</title>
        <cusip>135087S62</cusip>
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          <isin value="CA135087S620"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.625% 07/31/2029</title>
        <cusip>91282CFC0</cusip>
        <identifiers>
          <isin value="US91282CFC01"/>
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        <balance>23875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22819277.34000000</valUSD>
        <pctVal>0.142728719934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>BLOCK INC</name>
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        <name>TRANSOCEAN INTERNATIONAL LTD</name>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
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      <invstOrSec>
        <name>ALERA GROUP INTER HLDGS INC</name>
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      <invstOrSec>
        <name>ROYAL CARIBBEAN CRUISES LTD</name>
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        <invCountry>LR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>B and G FOODS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC</name>
        <lei>N/A</lei>
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        <cusip>013092AG6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>VENTURE GLOBAL PLAQUEMINES LNG LLC</name>
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        <cusip>922966AF3</cusip>
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        <curCd>USD</curCd>
        <valUSD>4417126.00000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PBF HLDG CO LLC / PBF FIN CORP</name>
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        <name>KASEYA INC</name>
        <lei>254900MISXMLRZ63NH46</lei>
        <title>KASEYA TERM B 1LN 3/22/2032</title>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>91282CQJ3</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HOLDINGS LLC 4.125% 12/01/2030 144A</title>
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        <curCd>USD</curCd>
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        <name>SEAGATE DATA STORAGE TECHNOLOGY PTE LTD</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.625% 03/01/2032 144A</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>CLEAN HARBORS INC</name>
        <lei>5493000SJVZVZJKHJF48</lei>
        <title>CLEAN HARBORS INC 6.375% 02/01/2031 144A</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>UKG INC</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG INC 6.875% 02/01/2031 144A</title>
        <cusip>90279XAA0</cusip>
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          <isin value="US90279XAA00"/>
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        <curCd>USD</curCd>
        <valUSD>3866486.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SPIRIT AVIATION HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>SPIRIT AVIATION HOLDINGS INC</title>
        <cusip>84863V101</cusip>
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          <isin value="US84863V1017"/>
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        <balance>150692.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3013.84000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 6.5% 10/01/2053#RJ0001</title>
        <cusip>3142GQAB8</cusip>
        <identifiers>
          <isin value="US3142GQAB85"/>
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        <balance>2427510.47000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2545770.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LIGHT and WONDER INTERNATIONAL INC</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
        <title>LIGHT and WONDER INTERNATIONAL INC 7.5% 09/01/2031 144A</title>
        <cusip>531968AA3</cusip>
        <identifiers>
          <isin value="US531968AA36"/>
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        <balance>2745000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2845107.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</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>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 2% 09/20/2050#MA6864</title>
        <cusip>36179VTV2</cusip>
        <identifiers>
          <isin value="US36179VTV26"/>
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        <balance>1490191.55200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1223039.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC</name>
        <lei>N/A</lei>
        <title>VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC 8.75% 01/15/2032 144A</title>
        <cusip>92841HAB8</cusip>
        <identifiers>
          <isin value="US92841HAB87"/>
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        <balance>2630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2600911.10000000</valUSD>
        <pctVal>0.016268031035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</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>MESQUITE ENERGY INC</name>
        <lei>549300SB0HTIM17TVR61</lei>
        <title>MESQUITE ENERGY INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="GCE744000"/>
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        <balance>446376.70720000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6865273.76000000</valUSD>
        <pctVal>0.042940524415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>FX Forward: USD/EUR settle 2026-07-22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="2197352"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>149691.86000000</valUSD>
        <pctVal>0.000936284144</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>JPMORGAN CHASE BANK NA NEW YORK NY</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
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            <amtCurSold>27078000.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>31115803.67000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-07-22</settlementDt>
            <unrealizedAppr>149691.86000000</unrealizedAppr>
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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>549300UGOZSO64CFPR97</lei>
        <title>US FOODS HOLDING CORP</title>
        <cusip>912008109</cusip>
        <identifiers>
          <isin value="US9120081099"/>
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        <balance>85100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8701475.00000000</valUSD>
        <pctVal>0.054425491648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PACIFIC GAS and ELECTRIC CO 3.95% 12/01/2047</title>
        <cusip>694308HY6</cusip>
        <identifiers>
          <isin value="US694308HY69"/>
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        <balance>2711000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1986138.65000000</valUSD>
        <pctVal>0.012422787229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03950000</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>MPT OPER PARTNERSHIP LP / MPT FIN CORP</name>
        <lei>N/A</lei>
        <title>MPT OPER PARTNERSHIP LP/CORP 5% 10/15/2027</title>
        <cusip>55342UAH7</cusip>
        <identifiers>
          <isin value="US55342UAH77"/>
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        <balance>21010000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20380821.93000000</valUSD>
        <pctVal>0.127476807522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>IRON MOUNTAIN INFORMATION MANAGEMENT SERVICES INC</name>
        <lei>N/A</lei>
        <title>IRON MOUNTAIN INFORMATION MANAGEMENT SERVICES INC 5% 07/15/2032 144A</title>
        <cusip>46285MAA8</cusip>
        <identifiers>
          <isin value="US46285MAA80"/>
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        <balance>4190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4025873.93000000</valUSD>
        <pctVal>0.025180807616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP</name>
        <lei>549300T0G4GS0SINS786</lei>
        <title>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 10% 11/15/2029 144A</title>
        <cusip>451102CK1</cusip>
        <identifiers>
          <isin value="US451102CK14"/>
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        <balance>3420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3372857.15000000</valUSD>
        <pctVal>0.021096355347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROADSTREET PARTNERS GROUP LLC</name>
        <lei>549300BS9N54G8DD0R75</lei>
        <title>BROADSTREET PARTNERS GROUP LLC 5.875% 04/15/2029 144A</title>
        <cusip>11135RAA3</cusip>
        <identifiers>
          <isin value="US11135RAA32"/>
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        <balance>7265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7094407.63000000</valUSD>
        <pctVal>0.044373697932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARNIVAL CORP LTD</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CARNIVAL CORP LTD 7% 08/15/2029 144A</title>
        <cusip>143658BW1</cusip>
        <identifiers>
          <isin value="US143658BW12"/>
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        <balance>2830000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2932284.69000000</valUSD>
        <pctVal>0.018340687746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VOC ESCROW LTD</name>
        <lei>N/A</lei>
        <title>VOC ESCROW LTD 5% 02/15/2028 144A</title>
        <cusip>91832VAA2</cusip>
        <identifiers>
          <isin value="US91832VAA26"/>
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        <balance>10470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10457041.28000000</valUSD>
        <pctVal>0.065406107913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.75% 01/31/2034 144A</title>
        <cusip>893647CA3</cusip>
        <identifiers>
          <isin value="US893647CA37"/>
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        <balance>8120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8328757.08000000</valUSD>
        <pctVal>0.052094236770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>CANO HEALTH LLC</name>
        <lei>254900OGI2T8V1NXN639</lei>
        <title>CANO HEALTH LLC WT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="KLP296000"/>
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        <balance>4969.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.05000000</valUSD>
        <pctVal>0.000000000312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUBURBAN PROPANE LP/ENGY FIN C</name>
        <lei>N/A</lei>
        <title>SUBURBAN PROPANE LP/ENGY FIN C 5% 06/01/2031 144A</title>
        <cusip>864486AL9</cusip>
        <identifiers>
          <isin value="US864486AL98"/>
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        <balance>5750000.00000000</balance>
        <units>PA</units>
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        <name>VISTRA CORP</name>
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        <name>HUB INTERNATIONAL LTD</name>
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        <name>NEW FORTRESS ENERGY INC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>WAND NEWCO 3 INC</name>
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        <name>JPMORGAN CHASE and CO</name>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>WINDSOR HOLDINGS III LLC</name>
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        <name>SPAIN, KINGDOM OF</name>
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      <invstOrSec>
        <name>CRC INSURANCE GROUP LLC</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>OCCIDENTAL PETROLEUM CORP</name>
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        <name>CLYDESDALE ACQUISITION HOLDINGS INC</name>
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        <name>GTT COMMUNICATIONS INC</name>
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        <name>SUNOCO LP</name>
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        <name>YONDR JK 2 LLC</name>
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        <name>ALPHABET INC</name>
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        <name>PERMIAN RESOURCES OPERATING LLC</name>
        <lei>5493004CTVUMQLRPOE23</lei>
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        <name>BLOCK INC</name>
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        <name>UBER TECHNOLOGIES INC</name>
        <lei>549300B2FTG34FILDR98</lei>
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        <name>STUDIO CITY FIN LTD</name>
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        <issuerCat>CORP</issuerCat>
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        <name>AMERICAN AIRLINES INC</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>AMERICAN AIRLINES TERM B 1LN 05/29/2033</title>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>KNOWBE4 INC</name>
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        <issuerCat>CORP</issuerCat>
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        <name>PETSMART INC / PETSMART FINANCE CORP</name>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>STATE STREET BANK AND TRUST COMPANY</name>
        <lei>571474TGEMMWANRLN572</lei>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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            <counterparties>
              <counterpartyName>STATE STREET BANK AND TRUST COMPANY</counterpartyName>
              <counterpartyLei>571474TGEMMWANRLN572</counterpartyLei>
            </counterparties>
            <amtCurSold>656194000.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>763047974.77000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-07-22</settlementDt>
            <unrealizedAppr>12631519.56000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ATI INC</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
        <title>ATI INC 5.125% 10/01/2031</title>
        <cusip>01741RAM4</cusip>
        <identifiers>
          <isin value="US01741RAM43"/>
        </identifiers>
        <balance>2480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2454699.04000000</valUSD>
        <pctVal>0.015353512146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>GO DADDY OPERATING CO LLC / GD FINANCE CO INC</name>
        <lei>N/A</lei>
        <title>GO DADDY OPERATING CO LLC / GD FINANCE CO INC 5.25% 12/01/2027 144A</title>
        <cusip>38016LAA3</cusip>
        <identifiers>
          <isin value="US38016LAA35"/>
        </identifiers>
        <balance>5665000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5659132.65000000</valUSD>
        <pctVal>0.035396421501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>FNMA/FHLG TBA ISSUER</name>
        <lei>N/A</lei>
        <title>UMBS 30YR 3.5% 07/01/2056 #TBA</title>
        <cusip>01F032674</cusip>
        <identifiers>
          <isin value="US01F0326748"/>
        </identifiers>
        <balance>-42500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-38580369.50000000</valUSD>
        <pctVal>-0.24131030405</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PACIFIC GAS and ELECTRIC CO 4% 12/01/2046</title>
        <cusip>694308HR1</cusip>
        <identifiers>
          <isin value="US694308HR19"/>
        </identifiers>
        <balance>8299000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6177583.48000000</valUSD>
        <pctVal>0.038639198308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMSTOCK RESOURCES INC</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>COMSTOCK RESOURCES INC 6.75% 03/01/2029 144A</title>
        <cusip>205768AS3</cusip>
        <identifiers>
          <isin value="US205768AS39"/>
        </identifiers>
        <balance>8110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7985788.86000000</valUSD>
        <pctVal>0.049949058625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>XPO INC</name>
        <lei>54930096DB9LCLPN7H13</lei>
        <title>XPO INC 7.125% 02/01/2032 144A</title>
        <cusip>983793AK6</cusip>
        <identifiers>
          <isin value="US983793AK61"/>
        </identifiers>
        <balance>4015000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4163763.78000000</valUSD>
        <pctVal>0.026043273219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</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>AUSTRALIA, COMMONWEALTH OF</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA COMMONWEALTH OF 4.75% 06/21/2054 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000300535"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44435618"/>
        <valUSD>64019.53000000</valUSD>
        <pctVal>0.000400425720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.875% 08/15/2033</title>
        <cusip>91282CHT1</cusip>
        <identifiers>
          <isin value="US91282CHT18"/>
        </identifiers>
        <balance>22052000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21443847.30000000</valUSD>
        <pctVal>0.134125758235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</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>FIESTA PURCHASER INC</name>
        <lei>N/A</lei>
        <title>FIESTA PURCHASER INC 9.625% 09/15/2032 144A</title>
        <cusip>31659AAB2</cusip>
        <identifiers>
          <isin value="US31659AAB26"/>
        </identifiers>
        <balance>3185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3119871.85000000</valUSD>
        <pctVal>0.019513997260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09625000</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>GFL ENVIRONMENTAL INC</name>
        <lei>5493008HF9XC5H29ZX61</lei>
        <title>GFL ENVIRONMENTAL INC 4.75% 06/15/2029 144A</title>
        <cusip>36168QAN4</cusip>
        <identifiers>
          <isin value="US36168QAN43"/>
        </identifiers>
        <balance>5705000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5614261.40000000</valUSD>
        <pctVal>0.035115763354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>BBAM US CLO I LTD</name>
        <lei>N/A</lei>
        <title>BBAM US CLO I LTD D1R TSFR3M+300 03/30/2038 144A</title>
        <cusip>054978AS0</cusip>
        <identifiers>
          <isin value="US054978AS03"/>
        </identifiers>
        <balance>488000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>488023.91000000</valUSD>
        <pctVal>0.003052464236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06673100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="As of March 2025, 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>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
