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        <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>
      <invstOrSec>
        <name>Apollo Global Management, Inc.</name>
        <lei>254900LMFT1CY9IYB476</lei>
        <title>Apollo Global Management, Inc.</title>
        <cusip>03769M304</cusip>
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          <isin value="US03769M3043"/>
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        <balance>910000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69496700.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Uber Technologies, Inc.</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>Uber Technologies, Inc., Series 2028</title>
        <cusip>90353TAL4</cusip>
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          <isin value="US90353TAL44"/>
          <other otherDesc="Inhouse Asset ID" value="1311723"/>
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        <balance>20500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24753750.00000000</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>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Uber Technologies, Inc.</name>
              <title>Uber Technologies, Inc.</title>
              <curCd>USD</curCd>
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                <cusip value="90353T100"/>
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          <currencyInfos>
            <currencyInfo convRatio="13.78479500" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jazz Investments I Ltd.</name>
        <lei>N/A</lei>
        <title>Jazz Investments I Ltd.</title>
        <cusip>472145AF8</cusip>
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          <isin value="US472145AF83"/>
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        <balance>35000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Jazz Pharmaceuticals plc</name>
              <title>Jazz Pharmaceuticals plc</title>
              <curCd>USD</curCd>
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                <isin value="IE00B4Q5ZN47"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="6.41820100" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Shift4 Payments, Inc.</name>
        <lei>N/A</lei>
        <title>Shift4 Payments, Inc.</title>
        <cusip>82452JAD1</cusip>
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          <isin value="US82452JAD19"/>
          <other otherDesc="Inhouse Asset ID" value="1206308"/>
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        <balance>35000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35962500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Shift4 Payments, Inc.</name>
              <title>Shift4 Payments, Inc.</title>
              <curCd>USD</curCd>
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                <cusip value="82452J109"/>
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          <currencyInfos>
            <currencyInfo convRatio="8.15239800" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zillow Group, Inc.</name>
        <lei>2549002XEELQDIR6FU05</lei>
        <title>Zillow Group, Inc.</title>
        <cusip>98954MAH4</cusip>
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          <isin value="US98954MAH43"/>
          <other otherDesc="Inhouse Asset ID" value="1070828"/>
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        <balance>31500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34093846.40000000</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>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Zillow Group, Inc.</name>
              <title>Zillow Group, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="98954M200"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="14.88099700" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Liberty Broadband Corp.</name>
        <lei>549300MIX43II8JLN536</lei>
        <title>Liberty Broadband Corp.</title>
        <cusip>530307AE7</cusip>
        <identifiers>
          <isin value="US530307AE75"/>
          <other otherDesc="Inhouse Asset ID" value="1239230"/>
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        <balance>55500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55061594.96000000</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>2053-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Charter Communications, Inc.</name>
              <title>Charter Communications, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="16119P108"/>
              </identifiers>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="1.89010000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Booking Holdings, Inc.</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>Booking Holdings, Inc.</title>
        <cusip>09857LAN8</cusip>
        <identifiers>
          <isin value="US09857LAN82"/>
          <other otherDesc="Inhouse Asset ID" value="1145973"/>
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        <balance>19000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47298071.61000000</valUSD>
        <pctVal>1.707896197278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Booking Holdings, Inc.</name>
              <title>Booking Holdings, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="09857L108"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="0.53390000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hewlett Packard Enterprise Co.</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>Hewlett Packard Enterprise Co.</title>
        <cusip>42824C208</cusip>
        <identifiers>
          <isin value="US42824C2089"/>
          <other otherDesc="Inhouse Asset ID" value="1392914"/>
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        <balance>1020000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>59007000.00000000</valUSD>
        <pctVal>2.130696400136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</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>BILL Holdings, Inc.</name>
        <lei>549300IBF9VZZIGOZW63</lei>
        <title>BILL Holdings, Inc.</title>
        <cusip>090043AB6</cusip>
        <identifiers>
          <isin value="US090043AB64"/>
          <other otherDesc="Inhouse Asset ID" value="1179178"/>
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        <balance>32500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30550000.00000000</valUSD>
        <pctVal>1.103136492690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>BILL Holdings, Inc.</name>
              <title>BILL Holdings, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="090043100"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="6.21590200" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PTC Therapeutics, Inc.</name>
        <lei>549300UJLWOIWFDGB318</lei>
        <title>PTC Therapeutics, Inc.</title>
        <cusip>69366JAD3</cusip>
        <identifiers>
          <isin value="US69366JAD37"/>
          <other otherDesc="Inhouse Asset ID" value="1195501"/>
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        <balance>48000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51416415.36000000</valUSD>
        <pctVal>1.856606353745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>PTC Therapeutics, Inc.</name>
              <title>PTC Therapeutics, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="69366J200"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="19.04040200" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HubSpot, Inc.</name>
        <lei>529900BLNVEW0MVKJB37</lei>
        <title>HubSpot, Inc.</title>
        <cusip>443573AD2</cusip>
        <identifiers>
          <isin value="US443573AD20"/>
          <other otherDesc="Inhouse Asset ID" value="1149507"/>
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        <balance>19500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38337000.00000000</valUSD>
        <pctVal>1.384318943380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>HubSpot, Inc.</name>
              <title>HubSpot, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="443573100"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="3.53960000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vail Resorts, Inc.</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>Vail Resorts, Inc.</title>
        <cusip>91879QAN9</cusip>
        <identifiers>
          <isin value="US91879QAN97"/>
          <other otherDesc="Inhouse Asset ID" value="1182356"/>
        </identifiers>
        <balance>48000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45180000.00000000</valUSD>
        <pctVal>1.631414295899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Vail Resorts, Inc.</name>
              <title>Vail Resorts, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="91879Q109"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="2.59720000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RBC Bearings, Inc.</name>
        <lei>N/A</lei>
        <title>RBC Bearings, Inc.</title>
        <cusip>75524B104</cusip>
        <identifiers>
          <isin value="US75524B1044"/>
          <other otherDesc="Inhouse Asset ID" value="341463"/>
        </identifiers>
        <balance>96424.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27032468.40000000</valUSD>
        <pctVal>0.976121190819</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cloudflare, Inc.</name>
        <lei>5493007DY18BGNLDWU14</lei>
        <title>Cloudflare, Inc.</title>
        <cusip>18915MAC1</cusip>
        <identifiers>
          <isin value="US18915MAC10"/>
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        <valUSD>54038700.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <dbtSecRefInstrument>
              <name>Cloudflare, Inc.</name>
              <title>Cloudflare, Inc.</title>
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      <invstOrSec>
        <name>Jazz Investments I Ltd.</name>
        <lei>N/A</lei>
        <title>Jazz Investments I Ltd.</title>
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          <isin value="US472145AG66"/>
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        <balance>20000000.00000000</balance>
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        <valUSD>20630000.00000000</valUSD>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <dbtSecRefInstrument>
              <name>Jazz Pharmaceuticals PLC</name>
              <title>Jazz Pharmaceuticals PLC</title>
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                <isin value="IE00B4Q5ZN47"/>
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          <currencyInfos>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>MACOM Technology Solutions Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>MACOM Technology Solutions Holdings, Inc.</title>
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        <balance>31000000.00000000</balance>
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        <valUSD>43934750.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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            <dbtSecRefInstrument>
              <name>MACOM Technology Solutions Holdings, Inc.</name>
              <title>MACOM Technology Solutions Holdings, Inc.</title>
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          <currencyInfos>
            <currencyInfo convRatio="12.17669400" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Burlington Stores, Inc.</name>
        <lei>5299003Z37DVGKKC1W09</lei>
        <title>Burlington Stores, Inc.</title>
        <cusip>122017AD8</cusip>
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          <isin value="US122017AD81"/>
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        <balance>42287000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57235454.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Burlington Stores, Inc.</name>
              <title>Burlington Stores, Inc.</title>
              <curCd>USD</curCd>
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          <currencyInfos>
            <currencyInfo convRatio="4.85600000" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TXNM Energy, Inc.</name>
        <lei>5493003JOBJGLZSDDQ28</lei>
        <title>TXNM Energy, Inc.</title>
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          <isin value="US69349HAE71"/>
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        <balance>31500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34177537.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>TXNM Energy, Inc.</name>
              <title>TXNM Energy, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="69349H107"/>
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          <currencyInfos>
            <currencyInfo convRatio="22.49111600" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Peloton Interactive, Inc.</name>
        <lei>5493002YS021166W0339</lei>
        <title>Peloton Interactive, Inc.</title>
        <cusip>70614WAC4</cusip>
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          <isin value="US70614WAC47"/>
          <other otherDesc="Inhouse Asset ID" value="1360220"/>
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        <balance>43500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>90284250.00000000</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>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Peloton Interactive, Inc.</name>
              <title>Peloton Interactive, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="70614W100"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="218.43599800" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alibaba Group Holding Ltd.</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>Alibaba Group Holding Ltd.</title>
        <cusip>01609WBF8</cusip>
        <identifiers>
          <isin value="US01609WBF86"/>
          <other otherDesc="Inhouse Asset ID" value="1361486"/>
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        <balance>54000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62329500.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Alibaba Group Holding Ltd.</name>
              <title>Alibaba Group Holding Ltd.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="01609W102"/>
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          <currencyInfos>
            <currencyInfo convRatio="9.72709700" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Viavi Solutions, Inc.</name>
        <lei>5493006K3E3N1QOBF092</lei>
        <title>Viavi Solutions, Inc.</title>
        <cusip>925550AH8</cusip>
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          <isin value="US925550AH86"/>
          <other otherDesc="Inhouse Asset ID" value="1338628"/>
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        <balance>20709000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20786658.75000000</valUSD>
        <pctVal>0.750589912544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</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>Albemarle Corp.</name>
        <lei>HDBLS2Q6GV1LSKQPBS54</lei>
        <title>Albemarle Corp.</title>
        <cusip>012653200</cusip>
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          <isin value="US0126532003"/>
          <other otherDesc="Inhouse Asset ID" value="1338176"/>
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        <balance>1063200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>47578200.00000000</valUSD>
        <pctVal>1.718011413306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</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>Envestnet, Inc.</name>
        <lei>549300HLWZ5OKIDM8737</lei>
        <title>Envestnet, Inc.</title>
        <cusip>29404KAG1</cusip>
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          <isin value="US29404KAG13"/>
          <other otherDesc="Inhouse Asset ID" value="1310226"/>
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        <balance>47500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50753750.00000000</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>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Envestnet, Inc.</name>
              <title>Envestnet, Inc.</title>
              <curCd>USD</curCd>
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            <currencyInfo convRatio="13.63042200" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
        <cusip>737446AT1</cusip>
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          <isin value="US737446AT14"/>
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        <curCd>USD</curCd>
        <valUSD>41238000.00000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Post Holdings, Inc.</name>
              <title>Post Holdings, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="737446104"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="9.42480400" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rexford Industrial Realty LP</name>
        <lei>549300028US163ELJN70</lei>
        <title>Rexford Industrial Realty LP</title>
        <cusip>76169XAE4</cusip>
        <identifiers>
          <isin value="US76169XAE40"/>
          <other otherDesc="Inhouse Asset ID" value="1343102"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40160000.00000000</valUSD>
        <pctVal>1.450146040799</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>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Rexford Industrial Realty, Inc.</name>
              <title>Rexford Industrial Realty, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="76169C100"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="15.71459800" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lyft, Inc.</name>
        <lei>549300H7I5VN334XVZ52</lei>
        <title>Lyft, Inc.</title>
        <cusip>55087PAC8</cusip>
        <identifiers>
          <isin value="US55087PAC86"/>
          <other otherDesc="Inhouse Asset ID" value="1335144"/>
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        <balance>54300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52833900.00000000</valUSD>
        <pctVal>1.907790610184</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>0.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Lyft, Inc.</name>
              <title>Lyft, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="55087P104"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="47.43653000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MKS Instruments, Inc.</name>
        <lei>549300KEQATBHAGVF505</lei>
        <title>MKS Instruments, Inc.</title>
        <cusip>55306NAA2</cusip>
        <identifiers>
          <isin value="US55306NAA28"/>
          <other otherDesc="Inhouse Asset ID" value="1356501"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38660000.00000000</valUSD>
        <pctVal>1.395982219554</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>1.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>MKS Instruments, Inc.</name>
              <title>MKS Instruments, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="55306N104"/>
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            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="6.47989900" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pebblebrook Hotel Trust</name>
        <lei>5493004Q1NNH6JXCSI52</lei>
        <title>Pebblebrook Hotel Trust</title>
        <cusip>70509VAA8</cusip>
        <identifiers>
          <isin value="US70509VAA89"/>
          <other otherDesc="Inhouse Asset ID" value="1125634"/>
        </identifiers>
        <balance>26000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23730200.00000000</valUSD>
        <pctVal>0.856878873939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Pebblebrook Hotel Trust</name>
              <title>Pebblebrook Hotel Trust</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="70509V100"/>
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            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="39.25494100" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <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.</title>
        <cusip>90353TAJ9</cusip>
        <identifiers>
          <isin value="US90353TAJ97"/>
          <other otherDesc="Inhouse Asset ID" value="1181648"/>
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        <balance>30000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32310000.00000000</valUSD>
        <pctVal>1.166688709617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Uber Technologies, Inc.</name>
              <title>Uber Technologies, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="90353T100"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="12.37009900" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Oil States International, Inc.</name>
        <lei>5493004TF4KQJGMYL777</lei>
        <title>Oil States International, Inc.</title>
        <cusip>678026AK1</cusip>
        <identifiers>
          <isin value="US678026AK17"/>
          <other otherDesc="Inhouse Asset ID" value="1211563"/>
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        <balance>28000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27384000.00000000</valUSD>
        <pctVal>0.988814720649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Oil States International, Inc.</name>
              <title>Oil States International, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="678026105"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="95.35160900" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chefs' Warehouse, Inc. (The)</name>
        <lei>549300JYEDC8C547E980</lei>
        <title>Chefs' Warehouse, Inc. (The)</title>
        <cusip>163086AE1</cusip>
        <identifiers>
          <isin value="US163086AE15"/>
          <other otherDesc="Inhouse Asset ID" value="1319513"/>
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        <balance>21000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23748480.21000000</valUSD>
        <pctVal>0.857538957956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Chefs' Warehouse Inc. (The)</name>
              <title>Chefs' Warehouse Inc. (The)</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="163086101"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="22.59121200" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Haemonetics Corp.</name>
        <lei>549300ZEL6TXZS6F5F95</lei>
        <title>Haemonetics Corp.</title>
        <cusip>405024AB6</cusip>
        <identifiers>
          <isin value="US405024AB67"/>
          <other otherDesc="Inhouse Asset ID" value="1191017"/>
        </identifiers>
        <balance>25500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23600250.00000000</valUSD>
        <pctVal>0.852186481558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Haemonetics Corp.</name>
              <title>Haemonetics Corp.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="405024100"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="5.70330000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dexcom, Inc.</name>
        <lei>549300YSK3QDSFR5EU59</lei>
        <title>Dexcom, Inc.</title>
        <cusip>252131AM9</cusip>
        <identifiers>
          <isin value="US252131AM94"/>
          <other otherDesc="Inhouse Asset ID" value="1261982"/>
        </identifiers>
        <balance>32250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28605750.00000000</valUSD>
        <pctVal>1.032931153053</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>0.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Dexcom, Inc.</name>
              <title>Dexcom, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="252131107"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="6.15710100" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Global Payments, Inc.</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>Global Payments, Inc.</title>
        <cusip>37940XAT9</cusip>
        <identifiers>
          <isin value="US37940XAT90"/>
          <other otherDesc="Inhouse Asset ID" value="1331434"/>
        </identifiers>
        <balance>50000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47925000.00000000</valUSD>
        <pctVal>1.730534088778</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>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Global Payments, Inc.</name>
              <title>Global Payments, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="37940X102"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="6.37100100" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shift4 Payments, Inc.</name>
        <lei>N/A</lei>
        <title>Shift4 Payments, Inc.</title>
        <cusip>82452JAB5</cusip>
        <identifiers>
          <isin value="US82452JAB52"/>
          <other otherDesc="Inhouse Asset ID" value="1191925"/>
        </identifiers>
        <balance>19000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23294000.00000000</valUSD>
        <pctVal>0.841128034720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Shift4 Payments, Inc.</name>
              <title>Shift4 Payments, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="82452J109"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="12.42620400" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Integer Holdings Corp.</name>
        <lei>549300SUD2ED5XG6X569</lei>
        <title>Integer Holdings Corp.</title>
        <cusip>45826HAB5</cusip>
        <identifiers>
          <isin value="US45826HAB50"/>
          <other otherDesc="Inhouse Asset ID" value="1330126"/>
        </identifiers>
        <balance>30000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45690000.00000000</valUSD>
        <pctVal>1.649829995123</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>2.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Integer Holdings Corp.</name>
              <title>Integer Holdings Corp.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="45826H109"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="11.46810000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guidewire Software, Inc.</name>
        <lei>549300WXSG0J8IXZCK32</lei>
        <title>Guidewire Software, Inc.</title>
        <cusip>40171VAA8</cusip>
        <identifiers>
          <isin value="US40171VAA89"/>
          <other otherDesc="Inhouse Asset ID" value="686335"/>
        </identifiers>
        <balance>33000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53938500.00000000</valUSD>
        <pctVal>1.947676848149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Guidewire Software, Inc.</name>
              <title>Guidewire Software, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="40171V100"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="8.79120100" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Workiva, Inc.</name>
        <lei>529900RTOQ8GRWHY1O58</lei>
        <title>Workiva, Inc.</title>
        <cusip>98139AAB1</cusip>
        <identifiers>
          <isin value="US98139AAB17"/>
          <other otherDesc="Inhouse Asset ID" value="1104266"/>
        </identifiers>
        <balance>7000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8172500.00000000</valUSD>
        <pctVal>0.295102552749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Workiva, Inc.</name>
              <title>Workiva, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="98139A105"/>
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            <currencyInfo convRatio="12.47559500" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Guidewire Software, Inc.</name>
        <lei>549300WXSG0J8IXZCK32</lei>
        <title>Guidewire Software, Inc.</title>
        <cusip>40171VAB6</cusip>
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          <isin value="US40171VAB62"/>
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        <valUSD>8156000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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            <dbtSecRefInstrument>
              <name>Guidewire Software, Inc.</name>
              <title>Guidewire Software, Inc.</title>
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                <cusip value="40171V100"/>
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          <currencyInfos>
            <currencyInfo convRatio="4.08750000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Dexcom, Inc.</name>
        <lei>549300YSK3QDSFR5EU59</lei>
        <title>Dexcom, Inc.</title>
        <cusip>252131AK3</cusip>
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          <isin value="US252131AK39"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-15</maturityDt>
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            <dbtSecRefInstrument>
              <name>DexCom, Inc.</name>
              <title>DexCom, Inc.</title>
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                <cusip value="252131107"/>
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          <currencyInfos>
            <currencyInfo convRatio="6.66199900" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fluor Corp.</name>
        <lei>CQ7WZ4NOFWT7FAE6Q943</lei>
        <title>Fluor Corp.</title>
        <cusip>343412AJ1</cusip>
        <identifiers>
          <isin value="US343412AJ13"/>
          <other otherDesc="Inhouse Asset ID" value="1285829"/>
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        <balance>39000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51109500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</annualizedRt>
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            <dbtSecRefInstrument>
              <name>Fluor Corp.</name>
              <title>Fluor Corp.</title>
              <curCd>USD</curCd>
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                <cusip value="343412102"/>
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          <currencyInfos>
            <currencyInfo convRatio="22.04201600" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CenterPoint Energy, Inc.</name>
        <lei>21TPXMRRHFKOBHDC8J74</lei>
        <title>CenterPoint Energy, Inc.</title>
        <cusip>15189TBD8</cusip>
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          <isin value="US15189TBD81"/>
          <other otherDesc="Inhouse Asset ID" value="1283466"/>
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        <balance>59000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59708000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>CenterPoint Energy, Inc.</name>
              <title>CenterPoint Energy, Inc.</title>
              <curCd>USD</curCd>
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                <cusip value="15189T107"/>
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          <currencyInfos>
            <currencyInfo convRatio="27.13836800" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Axon Enterprise, Inc.</name>
        <lei>549300QP2IEEGFE16681</lei>
        <title>Axon Enterprise, Inc.</title>
        <cusip>05464CAB7</cusip>
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          <isin value="US05464CAB72"/>
          <other otherDesc="Inhouse Asset ID" value="1318234"/>
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        <balance>34800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65911200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Axon Enterprise, Inc.</name>
              <title>Axon Enterprise, Inc.</title>
              <curCd>USD</curCd>
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                <cusip value="05464C101"/>
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          <currencyInfos>
            <currencyInfo convRatio="4.37199900" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>RealReal, Inc. (The)</name>
        <lei>549300O00VUGT4H1PE90</lei>
        <title>RealReal, Inc. (The)</title>
        <cusip>88339PAD3</cusip>
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          <isin value="US88339PAD33"/>
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        <balance>30000000.00000000</balance>
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        <valUSD>15150000.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>RealReal, Inc. (The)</name>
              <title>RealReal, Inc. (The)</title>
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          <currencyInfos>
            <currencyInfo convRatio="31.44654100" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Repligen Corp.</name>
        <lei>54930006QJ0T5AUO1E71</lei>
        <title>Repligen Corp.</title>
        <cusip>759916AC3</cusip>
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          <isin value="US759916AC34"/>
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        <balance>36000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36166326.48000000</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>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Repligen Corp.</name>
              <title>Repligen Corp.</title>
              <curCd>USD</curCd>
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                <cusip value="759916109"/>
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          <currencyInfos>
            <currencyInfo convRatio="4.92469900" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Insmed, Inc.</name>
        <lei>529900Q55QAG41CCAC11</lei>
        <title>Insmed, Inc.</title>
        <cusip>457669AB5</cusip>
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          <isin value="US457669AB50"/>
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        <balance>22000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46750000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Insmed, Inc.</name>
              <title>Insmed, Inc.</title>
              <curCd>USD</curCd>
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          <currencyInfos>
            <currencyInfo convRatio="30.76923100" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Insulet Corp.</name>
        <lei>549300TZTYD2PYN92D43</lei>
        <title>Insulet Corp.</title>
        <cusip>45784PAK7</cusip>
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          <isin value="US45784PAK75"/>
          <other otherDesc="Inhouse Asset ID" value="1114403"/>
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        <balance>50000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59012500.00000000</valUSD>
        <pctVal>2.130895000814</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Insulet Corp.</name>
              <title>Insulet Corp.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="45784P101"/>
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            <currencyInfo convRatio="4.41049900" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wolfspeed, Inc.</name>
        <lei>549300OGU88P3AW3TO93</lei>
        <title>Wolfspeed, Inc.</title>
        <cusip>977852AB8</cusip>
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        <valUSD>17626050.00000000</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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            <dbtSecRefInstrument>
              <name>Wolfspeed, Inc.</name>
              <title>Wolfspeed, Inc.</title>
              <curCd>USD</curCd>
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                <cusip value="977852102"/>
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          <currencyInfos>
            <currencyInfo convRatio="7.86020200" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Snap, Inc.</name>
        <lei>549300JNC0L6VP8A2Q35</lei>
        <title>Snap, Inc.</title>
        <cusip>83304AAJ5</cusip>
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          <isin value="US83304AAJ51"/>
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        <balance>28000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25144000.00000000</valUSD>
        <pctVal>0.907930080923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Snap, Inc.</name>
              <title>Snap, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="83304A106"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="45.08464600" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Institutional Fiduciary Trust - Money Market Portfolio</name>
        <lei>549300M4TP89K77LG374</lei>
        <title>Institutional Fiduciary Trust - Money Market Portfolio</title>
        <cusip>457756500</cusip>
        <identifiers>
          <isin value="US4577565009"/>
          <other otherDesc="Inhouse Asset ID" value="170875"/>
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        <balance>67774974.29100000</balance>
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        <curCd>USD</curCd>
        <valUSD>67774974.29000000</valUSD>
        <pctVal>2.447301061552</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>
      <invstOrSec>
        <name>Etsy, Inc.</name>
        <lei>54930089Q7XT501AEA40</lei>
        <title>Etsy, Inc.</title>
        <cusip>29786AAL0</cusip>
        <identifiers>
          <isin value="US29786AAL08"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sirius XM Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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            <dbtSecRefInstrument>
              <name>Sirius XM Holdings, Inc.</name>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Haemonetics Corp.</name>
        <lei>549300ZEL6TXZS6F5F95</lei>
        <title>Haemonetics Corp.</title>
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        <balance>31000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Haemonetics Corp.</name>
              <title>Haemonetics Corp.</title>
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          <currencyInfos>
            <currencyInfo convRatio="8.53849900" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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      <invstOrSec>
        <name>Welltower OP LLC</name>
        <lei>T6IZ0MBEG5ACZDTR7D06</lei>
        <title>Welltower OP LLC</title>
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          <isin value="US95041AAD00"/>
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        <balance>52000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62400000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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            <dbtSecRefInstrument>
              <name>Welltower, Inc.</name>
              <title>Welltower, Inc.</title>
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          <currencyInfos>
            <currencyInfo convRatio="7.81769800" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Snowflake, Inc.</name>
        <lei>254900CJNSY1K7T53Z16</lei>
        <title>Snowflake, Inc.</title>
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          <isin value="US833445AC37"/>
          <other otherDesc="Inhouse Asset ID" value="1398593"/>
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        <balance>40000000.00000000</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>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Snowflake, Inc.</name>
              <title>Snowflake, Inc.</title>
              <curCd>USD</curCd>
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                <cusip value="833445109"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="6.34919800" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Immunocore Holdings plc</name>
        <lei>213800IUE3DFS84BVN18</lei>
        <title>Immunocore Holdings plc</title>
        <cusip>45258DAA3</cusip>
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          <isin value="US45258DAA37"/>
          <other otherDesc="Inhouse Asset ID" value="1324916"/>
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        <balance>20000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17329000.00000000</valUSD>
        <pctVal>0.625736572236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Immunocore Holdings PLC</name>
              <title>Immunocore Holdings PLC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="45258D105"/>
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          <currencyInfos>
            <currencyInfo convRatio="10.56009700" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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      <invstOrSec>
        <name>Rexford Industrial Realty LP</name>
        <lei>549300028US163ELJN70</lei>
        <title>Rexford Industrial Realty LP</title>
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          <isin value="US76169XAD66"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20000000.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Rexford Industrial Realty, Inc.</name>
              <title>Rexford Industrial Realty, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="76169C100"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="15.71459800" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PG&amp;E Corp.</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG&amp;E Corp.</title>
        <cusip>69331CAK4</cusip>
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          <isin value="US69331CAK45"/>
          <other otherDesc="Inhouse Asset ID" value="1313197"/>
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        <balance>52000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56771000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>PG&amp;E Corp.</name>
              <title>PG&amp;E Corp.</title>
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          <currencyInfos>
            <currencyInfo convRatio="43.14156900" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Microchip Technology, Inc.</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>Microchip Technology, Inc.</title>
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        <balance>52500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50728125.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Microchip Technology, Inc.</name>
              <title>Microchip Technology, Inc.</title>
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          <currencyInfos>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Freshpet, Inc.</name>
        <lei>549300S4ZK8ZQ6HNPN59</lei>
        <title>Freshpet, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Freshpet, Inc.</name>
              <title>Freshpet, Inc.</title>
              <curCd>USD</curCd>
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          <currencyInfos>
            <currencyInfo convRatio="14.35160900" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ascendis Pharma A/S</name>
        <lei>549300B66JN3W3J8GH73</lei>
        <title>Ascendis Pharma A/S</title>
        <cusip>04351PAD3</cusip>
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          <isin value="US04351PAD33"/>
          <other otherDesc="Inhouse Asset ID" value="1244705"/>
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        <balance>32500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34454495.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Ascendis Pharma A/S</name>
              <title>Ascendis Pharma A/S</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="04351P101"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="6.01180100" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Okta, Inc.</name>
        <lei>549300N8J06I8MRHU620</lei>
        <title>Okta, Inc.</title>
        <cusip>679295AD7</cusip>
        <identifiers>
          <isin value="US679295AD75"/>
          <other otherDesc="Inhouse Asset ID" value="1111042"/>
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        <balance>53000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50959500.00000000</valUSD>
        <pctVal>1.840107499157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Okta, Inc.</name>
              <title>Okta, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="679295105"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="5.29910000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ares Management Corp.</name>
        <lei>529900JUV61FH7B8VW38</lei>
        <title>Ares Management Corp., Series B</title>
        <cusip>03990B309</cusip>
        <identifiers>
          <isin value="US03990B3096"/>
          <other otherDesc="Inhouse Asset ID" value="1403279"/>
        </identifiers>
        <balance>1066000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>57457400.00000000</valUSD>
        <pctVal>2.074741561869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wayfair, Inc.</name>
        <lei>54930027N9ZAVYFDHK53</lei>
        <title>Wayfair, Inc.</title>
        <cusip>94419LAP6</cusip>
        <identifiers>
          <isin value="US94419LAP67"/>
          <other otherDesc="Inhouse Asset ID" value="1298195"/>
        </identifiers>
        <balance>47250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49801500.00000000</valUSD>
        <pctVal>1.798293029155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Wayfair, Inc.</name>
              <title>Wayfair, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="94419L101"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="15.75969600" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mirum Pharmaceuticals, Inc.</name>
        <lei>254900YZKR40F7F27K81</lei>
        <title>Mirum Pharmaceuticals, Inc.</title>
        <cusip>604749AB7</cusip>
        <identifiers>
          <isin value="US604749AB77"/>
          <other otherDesc="Inhouse Asset ID" value="1246612"/>
        </identifiers>
        <balance>16500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24022163.88000000</valUSD>
        <pctVal>0.867421460209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Mirum Pharmaceuticals, Inc.</name>
              <title>Mirum Pharmaceuticals, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="604749101"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="31.50747500" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-12-02</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Investors Securities Trust</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
