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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Simmons Foods Inc.</name>
        <lei>5493002Z1TVWRIL6NM97</lei>
        <title>Simmons Foods Inc.</title>
        <cusip>82873LAB1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="82873LAB1"/>
          <other otherDesc="Primary Identifier" value="82873LAB1"/>
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        <balance>1656000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1784340.00000000</valUSD>
        <pctVal>0.201432142934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</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>West Corp. (3-Month ICE LIBOR plus 400 bps)</name>
        <lei>5493005Z5DB0O5S30R71</lei>
        <title>West Corp. (3-Month ICE LIBOR plus 400 bps)</title>
        <cusip>68162RAC5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2527002            00001"/>
          <other otherDesc="Primary Identifier" value="BL2527002            00001"/>
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        <balance>10951208.72000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9255304.54000000</valUSD>
        <pctVal>1.044820957332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05927100</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>Amwins Group Inc.</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>Amwins Group Inc.</title>
        <cusip>031921AA7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="031921AA7"/>
          <other otherDesc="Primary Identifier" value="031921AA7"/>
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        <balance>5966000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6593205.58000000</valUSD>
        <pctVal>0.744299589085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</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>Pinnacle Agriculture Enterprises LLC</name>
        <lei>5493003TRZY542551L24</lei>
        <title>Pinnacle Agriculture Enterprises LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="PAEPFD"/>
          <other otherDesc="Primary Identifier" value="PAEPFD"/>
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        <balance>4582746.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4.58000000</valUSD>
        <pctVal>0.000000517031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cedar Fair L.P. Magnum Management Corp. Canada's Wonderland Co. and Millennium Operations LLC</name>
        <lei>549300TUVLNQQ6BVKH61</lei>
        <title>Cedar Fair L.P. Magnum Management Corp. Canada's Wonderland Co. and Millennium Operations LLC</title>
        <cusip>150190AB2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="150190AB2"/>
          <other otherDesc="Primary Identifier" value="150190AB2"/>
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        <balance>2137000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2299582.96000000</valUSD>
        <pctVal>0.259597343269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nielsen Co. (Luxembourg) S.a.r.l. (The)</name>
        <lei>549300MFMRJBOPHHM352</lei>
        <title>Nielsen Co. (Luxembourg) S.a.r.l. (The)</title>
        <cusip>65410CAA8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="65410CAA8"/>
          <other otherDesc="Primary Identifier" value="65410CAA8"/>
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        <balance>2371000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2379891.25000000</valUSD>
        <pctVal>0.268663256127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>DISH DBS Corp.</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp.</title>
        <cusip>25470XAJ4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="25470XAJ4"/>
          <other otherDesc="Primary Identifier" value="25470XAJ4"/>
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        <balance>2310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2448600.00000000</valUSD>
        <pctVal>0.276419709915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc. (GTD by TransDigm Group Inc.)</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc. (GTD by TransDigm Group Inc.)</title>
        <cusip>893647AX5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="893647AX5"/>
          <other otherDesc="Primary Identifier" value="893647AX5"/>
        </identifiers>
        <balance>6077000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6267513.95000000</valUSD>
        <pctVal>0.707532625969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Altice France S.A.</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>Altice France S.A.</title>
        <cusip>67054KAA7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="67054KAA7"/>
          <other otherDesc="Primary Identifier" value="67054KAA7"/>
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        <balance>7396000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7940641.44000000</valUSD>
        <pctVal>0.896410113283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tensar International Corp. (ICE LIBOR plus 850 bps)</name>
        <lei>N/A</lei>
        <title>Tensar International Corp. (ICE LIBOR plus 850 bps)</title>
        <cusip>88065VAE8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL1330440            00001"/>
          <other otherDesc="Primary Identifier" value="BL1330440            00001"/>
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        <balance>1119425.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>895540.37000000</valUSD>
        <pctVal>0.101096548759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10444600</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>Wolverine Escrow LLC</name>
        <lei>N/A</lei>
        <title>Wolverine Escrow LLC</title>
        <cusip>97789LAC0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="97789LAC0"/>
          <other otherDesc="Primary Identifier" value="97789LAC0"/>
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        <balance>7697000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7966395.00000000</valUSD>
        <pctVal>0.899317403810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>McDermott International Inc.</name>
        <lei>ZAKWBIG8QLOPMZ888610</lei>
        <title>McDermott International Inc.</title>
        <cusip>580037703</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="580037109"/>
          <other otherDesc="Primary Identifier" value="580037109"/>
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        <balance>20902.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14142.29000000</valUSD>
        <pctVal>0.001596507269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wolverine Escrow LLC</name>
        <lei>N/A</lei>
        <title>Wolverine Escrow LLC</title>
        <cusip>97789LAB2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="97789LAB2"/>
          <other otherDesc="Primary Identifier" value="97789LAB2"/>
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        <balance>11228000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11761330.00000000</valUSD>
        <pctVal>1.327723363072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09000000</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>Bausch Health Cos. Inc.</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
        <title>Bausch Health Cos. Inc.</title>
        <cusip>91911XAV6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="91911XAV6"/>
          <other otherDesc="Primary Identifier" value="91911XAV6"/>
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        <balance>2515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2888729.00000000</valUSD>
        <pctVal>0.326105379483</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>0.09250000</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>Targa Resources Corp. 9.500%</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp. 9.500%</title>
        <cusip>87612G606</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="87612G606"/>
          <other otherDesc="Primary Identifier" value="87612G606"/>
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        <balance>7514.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8211164.06000000</valUSD>
        <pctVal>0.926949108687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jo-Ann Stores Inc. (ICE LIBOR plus 500 bps)</name>
        <lei>549300GM65RR2EMGLI48</lei>
        <title>Jo-Ann Stores Inc. (ICE LIBOR plus 500 bps)</title>
        <cusip>47759DAB1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2250415            00001"/>
          <other otherDesc="Primary Identifier" value="BL2250415            00001"/>
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        <balance>3272552.91000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2268304.60000000</valUSD>
        <pctVal>0.256066364261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06934000</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>JBS USA JBS USA Food Co. and JBS USA Finance Inc. (GTD by JBS S.A.)</name>
        <lei>P77IMDGVZE8EFBTF2M92</lei>
        <title>JBS USA JBS USA Food Co. and JBS USA Finance Inc. (GTD by JBS S.A.)</title>
        <cusip>46590XAA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="46590XAA4"/>
          <other otherDesc="Primary Identifier" value="46590XAA4"/>
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        <balance>545000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>605647.60000000</valUSD>
        <pctVal>0.068370878829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Altice Financing S.A.</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>Altice Financing S.A.</title>
        <cusip>02154CAE3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="02154CAE3"/>
          <other otherDesc="Primary Identifier" value="02154CAE3"/>
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        <balance>4462000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4796650.00000000</valUSD>
        <pctVal>0.541488443014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Cotai LLC (1-Month U.S. LIBOR plus 25 bps)</name>
        <lei>N/A</lei>
        <title>New Cotai LLC (1-Month U.S. LIBOR plus 25 bps)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL4242424            00002"/>
          <other otherDesc="Primary Identifier" value="BL4242424            00002"/>
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        <balance>71353.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71353.75000000</valUSD>
        <pctVal>0.008055044873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02965100</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>Verscend Holding Corp.</name>
        <lei>N/A</lei>
        <title>Verscend Holding Corp.</title>
        <cusip>92535WAA8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="92535WAA8"/>
          <other otherDesc="Primary Identifier" value="92535WAA8"/>
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        <balance>9366000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10244062.50000000</valUSD>
        <pctVal>1.156440735360</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>0.09750000</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>Verscend Holding Corp. (ICE LIBOR plus 450 bps)</name>
        <lei>N/A</lei>
        <title>Verscend Holding Corp. (ICE LIBOR plus 450 bps)</title>
        <cusip>92531HAB3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2770578            00001"/>
          <other otherDesc="Primary Identifier" value="BL2770578            00001"/>
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        <balance>8917125.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8969111.84000000</valUSD>
        <pctVal>1.012512984158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06299400</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>Wynn Macau Ltd.</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>Wynn Macau Ltd.</title>
        <cusip>98313RAD8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="98313RAD8"/>
          <other otherDesc="Primary Identifier" value="98313RAD8"/>
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        <balance>2301000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2393040.00000000</valUSD>
        <pctVal>0.270147603780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>Italics Merger Sub Inc.</name>
        <lei>5493007SV33RZV7RPS40</lei>
        <title>Italics Merger Sub Inc.</title>
        <cusip>465349AA6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="465349AA6"/>
          <other otherDesc="Primary Identifier" value="465349AA6"/>
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        <balance>12260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12443900.00000000</valUSD>
        <pctVal>1.404777925432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Everi Payments Inc.</name>
        <lei>5493006Q4MDLHOY1JV70</lei>
        <title>Everi Payments Inc.</title>
        <cusip>30034VAB4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="30034VAB4"/>
          <other otherDesc="Primary Identifier" value="30034VAB4"/>
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        <balance>4320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4633200.00000000</valUSD>
        <pctVal>0.523036755688</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>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Performance Food Group Inc.</name>
        <lei>N/A</lei>
        <title>Performance Food Group Inc.</title>
        <cusip>69346VAA7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="69346VAA7"/>
          <other otherDesc="Primary Identifier" value="69346VAA7"/>
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        <balance>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>518343.75000000</valUSD>
        <pctVal>0.058515245042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digicel International Finance Ltd.</name>
        <lei>N/A</lei>
        <title>Digicel International Finance Ltd.</title>
        <cusip>25381VAA5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="25381VAA5"/>
          <other otherDesc="Primary Identifier" value="25381VAA5"/>
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        <balance>8401000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8190975.00000000</valUSD>
        <pctVal>0.924669988329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LC</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</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>Altice Financing S.A.</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>Altice Financing S.A.</title>
        <cusip>02154CAD5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="02154CAD5"/>
          <other otherDesc="Primary Identifier" value="02154CAD5"/>
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        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>966625.00000000</valUSD>
        <pctVal>0.109121212977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Consolidated Communications Finance II Co.</name>
        <lei>549300WW675Y48HDVX34</lei>
        <title>Consolidated Communications Finance II Co.</title>
        <cusip>20903XAE3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="20903XAE3"/>
          <other otherDesc="Primary Identifier" value="20903XAE3"/>
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        <balance>926000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>838030.00000000</valUSD>
        <pctVal>0.094604267540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <cashCollateralCondition cashCollateralVal="2192848.18" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="342157"/>
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      <invstOrSec>
        <name>Prime Security Services Borrower LLC and Prime Finance Inc.</name>
        <lei>549300O6QPZVWXV2DC15</lei>
        <title>Prime Security Services Borrower LLC and Prime Finance Inc.</title>
        <cusip>74166MAA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="74166MAA4"/>
          <other otherDesc="Primary Identifier" value="74166MAA4"/>
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        <balance>6620000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6942725.00000000</valUSD>
        <pctVal>0.783756444711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09250000</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>Heartland Dental LLC</name>
        <lei>5493008FRC0GRKBN1075</lei>
        <title>Heartland Dental LLC</title>
        <cusip>42239PAA7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="42239PAA7"/>
          <other otherDesc="Primary Identifier" value="42239PAA7"/>
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        <balance>4714000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4825957.50000000</valUSD>
        <pctVal>0.544796933845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gentiva Health Services Inc. (3-Month ICE LIBOR plus 375 bps)</name>
        <lei>549300STP29LPEN7S547</lei>
        <title>Gentiva Health Services Inc. (3-Month ICE LIBOR plus 375 bps)</title>
        <cusip>37249UAN6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2718890            00001"/>
          <other otherDesc="Primary Identifier" value="BL2718890            00001"/>
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        <balance>7322426.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7354498.51000000</valUSD>
        <pctVal>0.830241094791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05562500</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>Laureate Education Inc. Class A</name>
        <lei>5JL7TMOH5TY3IUYSUP91</lei>
        <title>Laureate Education Inc. Class A</title>
        <cusip>518613203</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="518613203"/>
          <other otherDesc="Primary Identifier" value="518613203"/>
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        <balance>442638.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7794855.18000000</valUSD>
        <pctVal>0.879952465771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Digicel Group Ltd. (7.125% Cash and 2.000% PIK)</name>
        <lei>N/A</lei>
        <title>Digicel Group Ltd. (7.125% Cash and 2.000% PIK)</title>
        <cusip>25382FAA9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="25382FAA9"/>
          <other otherDesc="Primary Identifier" value="25382FAA9"/>
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        <balance>3262779.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>497900.08000000</valUSD>
        <pctVal>0.056207382047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JBS USA Lux S.A. and JBS USA Finance Inc.</name>
        <lei>P77IMDGVZE8EFBTF2M92</lei>
        <title>JBS USA Lux S.A. and JBS USA Finance Inc.</title>
        <cusip>472141AA8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="472141AA8"/>
          <other otherDesc="Primary Identifier" value="472141AA8"/>
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        <balance>3115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3442106.15000000</valUSD>
        <pctVal>0.388575505791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bellatrix Exploration Ltd.</name>
        <lei>N/A</lei>
        <title>Bellatrix Exploration Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BJTN2R3"/>
          <other otherDesc="Primary Identifier" value="BJTN2R3"/>
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        <balance>436172.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855000"/>
        <valUSD>0.34000000</valUSD>
        <pctVal>0.000000038382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ahern Rentals Inc.</name>
        <lei>N/A</lei>
        <title>Ahern Rentals Inc.</title>
        <cusip>008674AH6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="008674AH6"/>
          <other otherDesc="Primary Identifier" value="008674AH6"/>
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        <balance>3901000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3091542.50000000</valUSD>
        <pctVal>0.349000768210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</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>Sabine Oil &amp; Gas Corp.</name>
        <lei>2MNR4Q42DBL85U7RD221</lei>
        <title>Sabine Oil &amp; Gas Corp.</title>
        <cusip>78532M104</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="78532M104"/>
          <other otherDesc="Primary Identifier" value="78532M104"/>
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        <balance>263.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18475.75000000</valUSD>
        <pctVal>0.002085706712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digicel International Finance Ltd. (ICE LIBOR plus 325 bps)</name>
        <lei>N/A</lei>
        <title>Digicel International Finance Ltd. (ICE LIBOR plus 325 bps)</title>
        <cusip>P3562BAD4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2622662            00001"/>
          <other otherDesc="Primary Identifier" value="BL2622662            00001"/>
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        <balance>1393548.85000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1239561.70000000</valUSD>
        <pctVal>0.139932731167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LC</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05340000</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>ARD Finance S.A. (6.500% Cash or 7.250% PIK)</name>
        <lei>6354006P6QPGGPVJW880</lei>
        <title>ARD Finance S.A. (6.500% Cash or 7.250% PIK)</title>
        <cusip>00191AAD8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="00191AAD8"/>
          <other otherDesc="Primary Identifier" value="00191AAD8"/>
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        <balance>2110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2181634.50000000</valUSD>
        <pctVal>0.246282273801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Post Holdings Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings Inc.</title>
        <cusip>737446AL8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="737446AL8"/>
          <other otherDesc="Primary Identifier" value="737446AL8"/>
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        <balance>781000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>818097.50000000</valUSD>
        <pctVal>0.092354109953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>Westmoreland Mining Holdings LLC (15.000% Cash or 15.000% PIK)</name>
        <lei>5493005KY5ANOTGMLS28</lei>
        <title>Westmoreland Mining Holdings LLC (15.000% Cash or 15.000% PIK)</title>
        <cusip>96106JAE9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2959486            00001"/>
          <other otherDesc="Primary Identifier" value="BL2959486            00001"/>
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        <balance>1870232.98000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1440079.39000000</valUSD>
        <pctVal>0.162568948476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.15000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pioneer Holding Corp.</name>
        <lei>N/A</lei>
        <title>Pioneer Holding Corp.</title>
        <cusip>72369PAA6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="72369PAA6"/>
          <other otherDesc="Primary Identifier" value="72369PAA6"/>
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        <balance>3739000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3907255.00000000</valUSD>
        <pctVal>0.441085638187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09000000</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>NFP Corp. (ICE LIBOR plus 300 bps)</name>
        <lei>N/A</lei>
        <title>NFP Corp. (ICE LIBOR plus 300 bps)</title>
        <cusip>62910PAC7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2628099            00001"/>
          <other otherDesc="Primary Identifier" value="BL2628099            00001"/>
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        <balance>2498828.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2486333.98000000</valUSD>
        <pctVal>0.280679456629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04799400</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>Advantage Sales &amp; Marketing Inc. (ICE LIBOR plus 325 bps)</name>
        <lei>549300T4O24KQDED1182</lei>
        <title>Advantage Sales &amp; Marketing Inc. (ICE LIBOR plus 325 bps)</title>
        <cusip>00769EAW0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2414664            00001"/>
          <other otherDesc="Primary Identifier" value="BL2414664            00001"/>
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        <balance>789798.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>761824.28000000</valUSD>
        <pctVal>0.086001489211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05049400</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>NCR Escrow Corp.</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR Escrow Corp.</title>
        <cusip>62886EAS7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="62886EAS7"/>
          <other otherDesc="Primary Identifier" value="62886EAS7"/>
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        <balance>4266000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4372650.00000000</valUSD>
        <pctVal>0.493623558180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amynta Agency Borrower Inc. (ICE LIBOR plus 850 bps)</name>
        <lei>N/A</lei>
        <title>Amynta Agency Borrower Inc. (ICE LIBOR plus 850 bps)</title>
        <cusip>57810JAE8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2625087            00001"/>
          <other otherDesc="Primary Identifier" value="BL2625087            00001"/>
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        <balance>2807000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2821035.00000000</valUSD>
        <pctVal>0.318463479686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10299400</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>Altice U.S. Finance I Corp.</name>
        <lei>549300ZWOIEAYGDZVY09</lei>
        <title>Altice U.S. Finance I Corp.</title>
        <cusip>126307AU1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="126307AU1"/>
          <other otherDesc="Primary Identifier" value="126307AU1"/>
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        <balance>2745000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2906241.30000000</valUSD>
        <pctVal>0.328082323405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>NPC International Inc. (ICE LIBOR plus 750 bps)</name>
        <lei>549300VENVGR7A6TZR37</lei>
        <title>NPC International Inc. (ICE LIBOR plus 750 bps)</title>
        <cusip>62936DAS9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2392266            00001"/>
          <other otherDesc="Primary Identifier" value="BL2392266            00001"/>
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        <balance>3326000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>339118.96000000</valUSD>
        <pctVal>0.038282759352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09427100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advantage Sales &amp; Marketing Inc. (ICE LIBOR plus 650 bps)</name>
        <lei>549300T4O24KQDED1182</lei>
        <title>Advantage Sales &amp; Marketing Inc. (ICE LIBOR plus 650 bps)</title>
        <cusip>00769EAV2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL1343708            00001"/>
          <other otherDesc="Primary Identifier" value="BL1343708            00001"/>
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        <balance>2951000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2605910.06000000</valUSD>
        <pctVal>0.294178266295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08299400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GFL Environmental Inc.</name>
        <lei>549300CUGI6SDCOZU108</lei>
        <title>GFL Environmental Inc.</title>
        <cusip>44485HAA2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="44485HAA2"/>
          <other otherDesc="Primary Identifier" value="44485HAA2"/>
        </identifiers>
        <balance>3835000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4051294.00000000</valUSD>
        <pctVal>0.457346039476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tervita Escrow Corp.</name>
        <lei>N/A</lei>
        <title>Tervita Escrow Corp.</title>
        <cusip>88158UAA6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="88158UAA6"/>
          <other otherDesc="Primary Identifier" value="88158UAA6"/>
        </identifiers>
        <balance>1289000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1297056.25000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Ultra Resources Inc. expires 7-14-25</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wynn Macau Ltd.</name>
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        <title>Wynn Macau Ltd.</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Novelis Corp. (GTD by Novelis Inc.)</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Post Holdings Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings Inc.</title>
        <cusip>737446AK0</cusip>
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          <other otherDesc="Primary Identifier" value="737446AK0"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MDC Partners Inc.</name>
        <lei>529900SR4J92B5C43M74</lei>
        <title>MDC Partners Inc.</title>
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          <other otherDesc="Primary Identifier" value="552697AQ7"/>
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        <curCd>USD</curCd>
        <valUSD>3100530.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>TransDigm Inc. (GTD by TransDigm Group Inc.)</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc. (GTD by TransDigm Group Inc.)</title>
        <cusip>893647BE6</cusip>
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          <other otherDesc="Primary Identifier" value="893647BE6"/>
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        <balance>3744000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4053291.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JBS USA LLC and JBS USA Finance Inc.</name>
        <lei>P77IMDGVZE8EFBTF2M92</lei>
        <title>JBS USA LLC and JBS USA Finance Inc.</title>
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        <balance>4650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4812750.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CCO Holdings LLC and CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC and CCO Holdings Capital Corp.</title>
        <cusip>1248EPBR3</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Creative Artists Agency LLC (ICE LIBOR plus 375 bps)</name>
        <lei>N/A</lei>
        <title>Creative Artists Agency LLC (ICE LIBOR plus 375 bps)</title>
        <cusip>22526WAM0</cusip>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>New Cotai LLC</name>
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        <title>New Cotai LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Gulf Finance LLC (ICE LIBOR plus 525 bps)</name>
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        <cusip>40227UAB2</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>TransDigm Inc. (GTD by TransDigm Group Inc.)</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
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        <name>Refinitiv U.S. Holdings Inc.</name>
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        <title>Refinitiv U.S. Holdings Inc.</title>
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        <invCountry>US</invCountry>

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        <name>TRLG Intermediate Holdings LLC</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Offshore Drilling Holding S.A.</name>
        <lei>222100V2YV6PD8566946</lei>
        <title>Offshore Drilling Holding S.A.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>McDermott Technology Americas Inc.</name>
        <lei>ZAKWBIG8QLOPMZ888610</lei>
        <title>McDermott Technology Americas Inc.</title>
        <cusip>58004GAE8</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Form Technologies LLC (ICE LIBOR plus 325 bps)</name>
        <lei>X7KHAIMGSSPZ1XIJIL51</lei>
        <title>Form Technologies LLC (ICE LIBOR plus 325 bps)</title>
        <cusip>26779UAG2</cusip>
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          <other otherDesc="Primary Identifier" value="BL2393371            00001"/>
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        <balance>1680244.60000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <maturityDt>2022-01-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05194600</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Bausch Health Cos. Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos. Inc.</title>
        <cusip>91911XAW4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="91911XAW4"/>
          <other otherDesc="Primary Identifier" value="91911XAW4"/>
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        <balance>3270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3723876.00000000</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>2027-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Staples Inc. (ICE LIBOR plus 500 bps)</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>Staples Inc. (ICE LIBOR plus 500 bps)</title>
        <cusip>855031AQ3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2959403            00001"/>
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        <balance>6060545.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5949212.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06691100</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Neptune Finco Corp.</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>Neptune Finco Corp.</title>
        <cusip>64072TAC9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="64072TAC9"/>
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        <balance>788000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>836265.00000000</valUSD>
        <pctVal>0.094405018668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Simmons Foods Inc.</name>
        <lei>5493002Z1TVWRIL6NM97</lei>
        <title>Simmons Foods Inc.</title>
        <cusip>82873LAA3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="82873LAA3"/>
          <other otherDesc="Primary Identifier" value="82873LAA3"/>
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        <balance>9752000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9800760.00000000</valUSD>
        <pctVal>1.106396812933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NCR Corp.</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR Corp.</title>
        <cusip>62886EAV0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="62886EAV0"/>
          <other otherDesc="Primary Identifier" value="62886EAV0"/>
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        <balance>966000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1048225.92000000</valUSD>
        <pctVal>0.118333049388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vertiv Intermediate Holding Corp. (12.000% Cash or 13.000% PIK)</name>
        <lei>5493009VQRCPGB137B53</lei>
        <title>Vertiv Intermediate Holding Corp. (12.000% Cash or 13.000% PIK)</title>
        <cusip>92536AAA5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="92536AAA5"/>
          <other otherDesc="Primary Identifier" value="92536AAA5"/>
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        <balance>393000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>407737.50000000</valUSD>
        <pctVal>0.046029029433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HudBay Minerals Inc.</name>
        <lei>549300WI524AL577IX21</lei>
        <title>HudBay Minerals Inc.</title>
        <cusip>443628AG7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="443628AG7"/>
          <other otherDesc="Primary Identifier" value="443628AG7"/>
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        <balance>611000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>644910.50000000</valUSD>
        <pctVal>0.072803223609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07625000</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>Gulf Finance LLC (ICE LIBOR plus 525 bps)</name>
        <lei>N/A</lei>
        <title>Gulf Finance LLC (ICE LIBOR plus 525 bps)</title>
        <cusip>40227UAB2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2213942            00001"/>
          <other otherDesc="Primary Identifier" value="BL2213942            00001"/>
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        <balance>2272163.56000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1772287.58000000</valUSD>
        <pctVal>0.200071558747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NOVA Chemicals Corp.</name>
        <lei>5493007M1XGU5E55ZJ25</lei>
        <title>NOVA Chemicals Corp.</title>
        <cusip>66977WAR0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="66977WAR0"/>
          <other otherDesc="Primary Identifier" value="66977WAR0"/>
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        <balance>1177000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1209367.50000000</valUSD>
        <pctVal>0.136524141767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Callon Petroleum Co. (GTD by Callon Petroleum Operating Co.)</name>
        <lei>549300EFOWPEB0WLZW21</lei>
        <title>Callon Petroleum Co. (GTD by Callon Petroleum Operating Co.)</title>
        <cusip>13123XAT9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="13123XAT9"/>
          <other otherDesc="Primary Identifier" value="13123XAT9"/>
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        <balance>1081000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1101474.14000000</valUSD>
        <pctVal>0.124344181270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Waste Pro USA Inc.</name>
        <lei>549300BY1QXU5BI3UF28</lei>
        <title>Waste Pro USA Inc.</title>
        <cusip>94107JAA1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="94107JAA1"/>
          <other otherDesc="Primary Identifier" value="94107JAA1"/>
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        <balance>482000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502485.00000000</valUSD>
        <pctVal>0.056724968527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>j2 Cloud Services LLC and j2 Global Inc.</name>
        <lei>549300U8CM5SW5WEYW88</lei>
        <title>j2 Cloud Services LLC and j2 Global Inc.</title>
        <cusip>466253AA9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="466253AA9"/>
          <other otherDesc="Primary Identifier" value="466253AA9"/>
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        <balance>1192000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1263520.00000000</valUSD>
        <pctVal>0.142637356804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alliance Data Systems Corp.</name>
        <lei>549300G8S4PO686J7H97</lei>
        <title>Alliance Data Systems Corp.</title>
        <cusip>018581AK4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="018581AK4"/>
          <other otherDesc="Primary Identifier" value="018581AK4"/>
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        <balance>2991000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2983522.50000000</valUSD>
        <pctVal>0.336806511466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GFL Environmental Inc.</name>
        <lei>5493008HF9XC5H29ZX61</lei>
        <title>GFL Environmental Inc.</title>
        <cusip>36168QAD6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="36168QAD6"/>
          <other otherDesc="Primary Identifier" value="36168QAD6"/>
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        <balance>2809000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2893270.00000000</valUSD>
        <pctVal>0.326618007884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BCPE Cycle Merger Sub II Inc.</name>
        <lei>N/A</lei>
        <title>BCPE Cycle Merger Sub II Inc.</title>
        <cusip>07335BAA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="07335BAA4"/>
          <other otherDesc="Primary Identifier" value="07335BAA4"/>
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        <balance>5496000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5633400.00000000</valUSD>
        <pctVal>0.635948212789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10625000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Valaris plc</name>
        <lei>7N0UJMJLXD0MDT5D5086</lei>
        <title>Valaris plc</title>
        <cusip>91889DAE6</cusip>
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          <other otherDesc="Primary Identifier" value="91889DAE6"/>
          <other otherDesc="Primary Identifier" value="91889DAE6"/>
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        <curCd>USD</curCd>
        <valUSD>1403335.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Advanz Pharma Corp.</name>
        <lei>549300WZSXRSISJ4VI31</lei>
        <title>Advanz Pharma Corp.</title>
        <cusip>20653PAB8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="20653PAB8"/>
          <other otherDesc="Primary Identifier" value="20653PAB8"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>405606.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lithia Motors Inc.</name>
        <lei>SE8N1EZEHPZQBCBVKD53</lei>
        <title>Lithia Motors Inc.</title>
        <cusip>536797AE3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="536797AE3"/>
          <other otherDesc="Primary Identifier" value="536797AE3"/>
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        <balance>1119000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1150175.34000000</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>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Boyd Gaming Corp.</name>
        <lei>254900787YGRYS2A1Z35</lei>
        <title>Boyd Gaming Corp.</title>
        <cusip>103304BR1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="103304BR1"/>
          <other otherDesc="Primary Identifier" value="103304BR1"/>
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        <balance>2089000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2169948.75000000</valUSD>
        <pctVal>0.244963082580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GFL Environmental Inc.</name>
        <lei>549300FYK4MBXWIVZU26</lei>
        <title>GFL Environmental Inc.</title>
        <cusip>36168QAE4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="36168QAE4"/>
          <other otherDesc="Primary Identifier" value="36168QAE4"/>
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        <balance>952000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1047200.00000000</valUSD>
        <pctVal>0.118217234429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>West Corp.</name>
        <lei>5493005Z5DB0O5S30R71</lei>
        <title>West Corp.</title>
        <cusip>68163PAA2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="68163PAA2"/>
          <other otherDesc="Primary Identifier" value="68163PAA2"/>
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        <balance>15487000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12389600.00000000</valUSD>
        <pctVal>1.398648059285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Scientific Games International Inc. (GTD by Scientific Games Corp.)</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
        <title>Scientific Games International Inc. (GTD by Scientific Games Corp.)</title>
        <cusip>80874YBC3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="80874YBC3"/>
          <other otherDesc="Primary Identifier" value="80874YBC3"/>
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        <balance>282000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>301740.00000000</valUSD>
        <pctVal>0.034063090447</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>0.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Studio City International Holdings Ltd. ADR</name>
        <lei>N/A</lei>
        <title>Studio City International Holdings Ltd. ADR</title>
        <cusip>86389T106</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="86389T106"/>
          <other otherDesc="Primary Identifier" value="86389T106"/>
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        <balance>343125.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6862500.00000000</valUSD>
        <pctVal>0.774699934368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avantor Inc.</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>Avantor Inc.</title>
        <cusip>05352AAC4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="05352AAC4"/>
          <other otherDesc="Primary Identifier" value="05352AAC4"/>
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        <balance>6976000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7795889.28000000</valUSD>
        <pctVal>0.880069204161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NCR Corp.</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR Corp.</title>
        <cusip>62886EAU2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="62886EAU2"/>
          <other otherDesc="Primary Identifier" value="62886EAU2"/>
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        <balance>966000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1028790.00000000</valUSD>
        <pctVal>0.116138950160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Surgery Center Holdings Inc.</name>
        <lei>54930054EVI5HWPPW113</lei>
        <title>Surgery Center Holdings Inc.</title>
        <cusip>86881WAD4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="86881WAD4"/>
          <other otherDesc="Primary Identifier" value="86881WAD4"/>
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        <balance>6050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6639875.00000000</valUSD>
        <pctVal>0.749568047608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NFP Corp.</name>
        <lei>VO2L9FZNXDJNQNEYH039</lei>
        <title>NFP Corp.</title>
        <cusip>65342RAA8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="65342RAA8"/>
          <other otherDesc="Primary Identifier" value="65342RAA8"/>
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        <balance>12033000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12063082.50000000</valUSD>
        <pctVal>1.361787864630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO Holdings LLC and CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC and CCO Holdings Capital Corp.</title>
        <cusip>1248EPBX0</cusip>
        <identifiers>
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          <other otherDesc="Primary Identifier" value="1248EPBX0"/>
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        <balance>4233000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4441771.56000000</valUSD>
        <pctVal>0.501426613626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bellatrix Exploration Ltd. (3.000% Cash and 9.500% PIK)</name>
        <lei>549300S2235IL73TH941</lei>
        <title>Bellatrix Exploration Ltd. (3.000% Cash and 9.500% PIK)</title>
        <cusip>078314AK7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="078314AK7"/>
          <other otherDesc="Primary Identifier" value="078314AK7"/>
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        <balance>1113000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1136706.90000000</valUSD>
        <pctVal>0.128321568062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09500000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Frontier Communications Corp.</name>
        <lei>549300ZCZ76HYCS0H445</lei>
        <title>Frontier Communications Corp.</title>
        <cusip>35906ABA5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="35906ABA5"/>
          <other otherDesc="Primary Identifier" value="35906ABA5"/>
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        <balance>11690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11836125.00000000</valUSD>
        <pctVal>1.336166886801</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>0.08500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TMX Finance LLC and TitleMax Finance Corp.</name>
        <lei>N/A</lei>
        <title>TMX Finance LLC and TitleMax Finance Corp.</title>
        <cusip>87261NAJ9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="87261NAJ9"/>
          <other otherDesc="Primary Identifier" value="87261NAJ9"/>
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        <balance>3348000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3029940.00000000</valUSD>
        <pctVal>0.342046531022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Altice France S.A.</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>Altice France S.A.</title>
        <cusip>02156LAA9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="02156LAA9"/>
          <other otherDesc="Primary Identifier" value="02156LAA9"/>
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        <balance>6013000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6772141.25000000</valUSD>
        <pctVal>0.764499436343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foresight Energy LLC (ICE LIBOR plus 725 bps)</name>
        <lei>549300HM3UR1W0JJ7F28</lei>
        <title>Foresight Energy LLC (ICE LIBOR plus 725 bps)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2380154            00001"/>
          <other otherDesc="Primary Identifier" value="BL2380154            00001"/>
        </identifiers>
        <balance>6950410.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2963863.48000000</valUSD>
        <pctVal>0.334587226729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07658600</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Applied Systems Inc. (ICE LIBOR plus 700 bps)</name>
        <lei>N/A</lei>
        <title>Applied Systems Inc. (ICE LIBOR plus 700 bps)</title>
        <cusip>03827FAZ4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2516195            00001"/>
          <other otherDesc="Primary Identifier" value="BL2516195            00001"/>
        </identifiers>
        <balance>1954000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1986573.18000000</valUSD>
        <pctVal>0.224262019987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08944600</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Staples Inc.</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>Staples Inc.</title>
        <cusip>855030AN2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="855030AN2"/>
          <other otherDesc="Primary Identifier" value="855030AN2"/>
        </identifiers>
        <balance>16924000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17558650.00000000</valUSD>
        <pctVal>1.982176320960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kronos Acquisition Holdings Inc. (ICE LIBOR plus 700 bps)</name>
        <lei>N/A</lei>
        <title>Kronos Acquisition Holdings Inc. (ICE LIBOR plus 700 bps)</title>
        <cusip>50106JAD8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2927053            00001"/>
          <other otherDesc="Primary Identifier" value="BL2927053            00001"/>
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        <balance>530987.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>523022.69000000</valUSD>
        <pctVal>0.059043445335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08798700</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jo-Ann Stores Inc. (ICE LIBOR plus 925 bps)</name>
        <lei>549300GM65RR2EMGLI48</lei>
        <title>Jo-Ann Stores Inc. (ICE LIBOR plus 925 bps)</title>
        <cusip>47759DAD7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2689281            00001"/>
          <other otherDesc="Primary Identifier" value="BL2689281            00001"/>
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        <balance>3970550.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1363208.98000000</valUSD>
        <pctVal>0.153891134038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.11042000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SESI LLC</name>
        <lei>XDZ56K6RXS5J1ESBZS35</lei>
        <title>SESI LLC</title>
        <cusip>78412FAP9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="78412FAP9"/>
          <other otherDesc="Primary Identifier" value="78412FAP9"/>
        </identifiers>
        <balance>906000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>772727.40000000</valUSD>
        <pctVal>0.087232330209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="2192848.18" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="309115.12"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KCA Deutag UK Finance plc</name>
        <lei>529900T5G3VI71LSI184</lei>
        <title>KCA Deutag UK Finance plc</title>
        <cusip>48244LAA6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="48244LAA6"/>
          <other otherDesc="Primary Identifier" value="48244LAA6"/>
        </identifiers>
        <balance>5209000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3542120.00000000</valUSD>
        <pctVal>0.399865957234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hampton Rubber Co. &amp; SEI Holding Corp. (ICE LIBOR plus 800 bps)</name>
        <lei>N/A</lei>
        <title>Hampton Rubber Co. &amp; SEI Holding Corp. (ICE LIBOR plus 800 bps)</title>
        <cusip>09146EAD7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL1250325            00001"/>
          <other otherDesc="Primary Identifier" value="BL1250325            00001"/>
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        <balance>1073929.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1052450.94000000</valUSD>
        <pctVal>0.118810007161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09799400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bausch Health Cos. Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos. Inc.</title>
        <cusip>91831AAC5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="91831AAC5"/>
          <other otherDesc="Primary Identifier" value="91831AAC5"/>
        </identifiers>
        <balance>1727000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1784388.21000000</valUSD>
        <pctVal>0.201437585307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United PF Holdings LLC (ICE LIBOR plus 450 bps)</name>
        <lei>N/A</lei>
        <title>United PF Holdings LLC (ICE LIBOR plus 450 bps)</title>
        <cusip>91132XAD9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2996033"/>
          <other otherDesc="Primary Identifier" value="BL2996033"/>
        </identifiers>
        <balance>251792.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250218.71000000</valUSD>
        <pctVal>0.028246909758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Extraction Oil &amp; Gas Inc.</name>
        <lei>5493002FL3WIE1JVUP20</lei>
        <title>Extraction Oil &amp; Gas Inc.</title>
        <cusip>30227MAB1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="30227MAB1"/>
          <other otherDesc="Primary Identifier" value="30227MAB1"/>
        </identifiers>
        <balance>3647000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2188200.00000000</valUSD>
        <pctVal>0.247023445739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Altice Luxembourg S.A.</name>
        <lei>2221006ZDZREFLFIFQ42</lei>
        <title>Altice Luxembourg S.A.</title>
        <cusip>02156DAA7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="02156DAA7"/>
          <other otherDesc="Primary Identifier" value="02156DAA7"/>
        </identifiers>
        <balance>11289000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12870024.45000000</valUSD>
        <pctVal>1.452882637046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cardtronics Inc. and Cardtronics USA Inc.</name>
        <lei>YMFI60WPVOWROKG67Y03</lei>
        <title>Cardtronics Inc. and Cardtronics USA Inc.</title>
        <cusip>14161TAA0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="14161TAA0"/>
          <other otherDesc="Primary Identifier" value="14161TAA0"/>
        </identifiers>
        <balance>687000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>712762.50000000</valUSD>
        <pctVal>0.080462959849</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>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RegionalCare Hospital Partners Holdings Inc. (ICE LIBOR plus 450 bps)</name>
        <lei>N/A</lei>
        <title>RegionalCare Hospital Partners Holdings Inc. (ICE LIBOR plus 450 bps)</title>
        <cusip>75915TAD4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2795591            00001"/>
          <other otherDesc="Primary Identifier" value="BL2795591            00001"/>
        </identifiers>
        <balance>6405595.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6452035.56000000</valUSD>
        <pctVal>0.728363063733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06201600</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hudson River Trading LLC (3-Month U.S. LIBOR plus 350 bps)</name>
        <lei>N/A</lei>
        <title>Hudson River Trading LLC (3-Month U.S. LIBOR plus 350 bps)</title>
        <cusip>44413EAC2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2827956            00001"/>
          <other otherDesc="Primary Identifier" value="BL2827956            00001"/>
        </identifiers>
        <balance>3349945.90000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3366695.63000000</valUSD>
        <pctVal>0.380062496699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05299400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digicel Ltd.</name>
        <lei>N/A</lei>
        <title>Digicel Ltd.</title>
        <cusip>25380QAH2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="25380QAH2"/>
          <other otherDesc="Primary Identifier" value="25380QAH2"/>
        </identifiers>
        <balance>2507000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1454085.07000000</valUSD>
        <pctVal>0.164150033995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
          <isDefault>N</isDefault>
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      </invstOrSec>
      <invstOrSec>
        <name>JBS USA LLC and JBS USA Finance Inc.</name>
        <lei>P77IMDGVZE8EFBTF2M92</lei>
        <title>JBS USA LLC and JBS USA Finance Inc.</title>
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          <other otherDesc="Primary Identifier" value="466112AP4"/>
          <other otherDesc="Primary Identifier" value="466112AP4"/>
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        <curCd>USD</curCd>
        <valUSD>5873532.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
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      <invstOrSec>
        <name>CURO Group Holdings Corp.</name>
        <lei>54930007KH8KCGJ4YE72</lei>
        <title>CURO Group Holdings Corp.</title>
        <cusip>23131LAA5</cusip>
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          <other otherDesc="Primary Identifier" value="23131LAA5"/>
          <other otherDesc="Primary Identifier" value="23131LAA5"/>
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        <balance>2815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2477143.70000000</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>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Cotai LLC and New Cotai Capital Corp. (10.625% Cash or 10.625% PIK)</name>
        <lei>N/A</lei>
        <title>New Cotai LLC and New Cotai Capital Corp. (10.625% Cash or 10.625% PIK)</title>
        <cusip>643639AA5</cusip>
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          <other otherDesc="Primary Identifier" value="643639AA5"/>
          <other otherDesc="Primary Identifier" value="643639AA5"/>
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        <curCd>USD</curCd>
        <valUSD>11481895.04000000</valUSD>
        <pctVal>1.296178263593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2019-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10625000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Comstock Escrow Corp.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Escrow Corp.</title>
        <cusip>205677AB3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="205677AB3"/>
          <other otherDesc="Primary Identifier" value="205677AB3"/>
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        <balance>10817000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9816427.50000000</valUSD>
        <pctVal>1.108165499450</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>0.09750000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Advanz Pharma Corp.</name>
        <lei>549300WZSXRSISJ4VI31</lei>
        <title>Advanz Pharma Corp.</title>
        <cusip>00775M104</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="00775M104"/>
          <other otherDesc="Primary Identifier" value="00775M104"/>
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        <balance>34500.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.29855000"/>
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        <pctVal>0.010797272667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>iShares iBoxx $ High Yield Corporate Bond ETF</name>
        <lei>N/A</lei>
        <title>iShares iBoxx $ High Yield Corporate Bond ETF</title>
        <cusip>464288513</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="464288513"/>
          <other otherDesc="Primary Identifier" value="464288513"/>
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        <balance>290000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25502600.00000000</valUSD>
        <pctVal>2.878959933874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Seven Generations Energy Ltd.</name>
        <lei>549300XZHTA2VXQWAL67</lei>
        <title>Seven Generations Energy Ltd.</title>
        <cusip>81783QAC9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="81783QAC9"/>
          <other otherDesc="Primary Identifier" value="81783QAC9"/>
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        <balance>2523000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2535615.00000000</valUSD>
        <pctVal>0.286242735749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307AS6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="126307AS6"/>
          <other otherDesc="Primary Identifier" value="126307AS6"/>
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        <balance>4930000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5256612.50000000</valUSD>
        <pctVal>0.593413094171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EPIC Crude Services L.P. (ICE LIBOR plus 500 bps)</name>
        <lei>N/A</lei>
        <title>EPIC Crude Services L.P. (ICE LIBOR plus 500 bps)</title>
        <cusip>29428XAB6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2918904            00001"/>
          <other otherDesc="Primary Identifier" value="BL2918904            00001"/>
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        <balance>6000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5745000.00000000</valUSD>
        <pctVal>0.648546611722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07040000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sanchez Energy Corp.</name>
        <lei>549300SB0HTIM17TVR61</lei>
        <title>Sanchez Energy Corp.</title>
        <cusip>79970YAE5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="79970YAE5"/>
          <other otherDesc="Primary Identifier" value="79970YAE5"/>
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        <balance>622000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404300.00000000</valUSD>
        <pctVal>0.045640973911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <cashCollateralCondition cashCollateralVal="2192848.18" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>Eagle Holding Co. II LLC (7.500% Cash or 8.500% PIK)</name>
        <lei>N/A</lei>
        <title>Eagle Holding Co. II LLC (7.500% Cash or 8.500% PIK)</title>
        <cusip>26959XAC7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="26959XAC7"/>
          <other otherDesc="Primary Identifier" value="26959XAC7"/>
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        <balance>6101000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6194833.38000000</valUSD>
        <pctVal>0.699327797873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Laureate Education Inc.</name>
        <lei>5JL7TMOH5TY3IUYSUP91</lei>
        <title>Laureate Education Inc.</title>
        <cusip>518613AJ3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="518613AJ3"/>
          <other otherDesc="Primary Identifier" value="518613AJ3"/>
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        <balance>19228000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20694135.00000000</valUSD>
        <pctVal>2.336137708751</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>0.08250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wolverine Escrow LLC</name>
        <lei>N/A</lei>
        <title>Wolverine Escrow LLC</title>
        <cusip>97789LAA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="97789LAA4"/>
          <other otherDesc="Primary Identifier" value="97789LAA4"/>
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        <balance>2259000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2321122.50000000</valUSD>
        <pctVal>0.262028917801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.13125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Staples Inc.</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>Staples Inc.</title>
        <cusip>855030AP7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="855030AP7"/>
          <other otherDesc="Primary Identifier" value="855030AP7"/>
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        <balance>7355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7465325.00000000</valUSD>
        <pctVal>0.842752173047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Compass Group Diversified Holdings LLC</name>
        <lei>549300I6PTUQPX21TE93</lei>
        <title>Compass Group Diversified Holdings LLC</title>
        <cusip>20451RAA0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="20451RAA0"/>
          <other otherDesc="Primary Identifier" value="20451RAA0"/>
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        <balance>2534000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2743055.00000000</valUSD>
        <pctVal>0.309660404876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hub International Ltd.</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>Hub International Ltd.</title>
        <cusip>44332PAD3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="44332PAD3"/>
          <other otherDesc="Primary Identifier" value="44332PAD3"/>
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        <balance>4731000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5003032.50000000</valUSD>
        <pctVal>0.564786732151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cyxtera DC Holdings Inc. (ICE LIBOR plus 325 bps)</name>
        <lei>N/A</lei>
        <title>Cyxtera DC Holdings Inc. (ICE LIBOR plus 325 bps)</title>
        <cusip>19633FAD3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2379297            00001"/>
          <other otherDesc="Primary Identifier" value="BL2379297            00001"/>
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        <balance>3359301.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2954102.13000000</valUSD>
        <pctVal>0.333485278867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04740000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Heartland Dental LLC (ICE LIBOR plus 375 bps)</name>
        <lei>N/A</lei>
        <title>Heartland Dental LLC (ICE LIBOR plus 375 bps)</title>
        <cusip>42236WAH0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2679316            00001"/>
          <other otherDesc="Primary Identifier" value="BL2679316            00001"/>
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        <balance>3986468.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3961553.20000000</valUSD>
        <pctVal>0.447215301134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05549400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KIK Custom Products Inc. (ICE LIBOR plus 400 bps)</name>
        <lei>N/A</lei>
        <title>KIK Custom Products Inc. (ICE LIBOR plus 400 bps)</title>
        <cusip>49387TAR7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2642603            00001"/>
          <other otherDesc="Primary Identifier" value="BL2642603            00001"/>
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        <balance>2572650.73000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2521197.72000000</valUSD>
        <pctVal>0.284615185167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05792000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golden Nugget Inc.</name>
        <lei>91D14OD6M4H1RVBN7R43</lei>
        <title>Golden Nugget Inc.</title>
        <cusip>38113YAE9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="38113YAE9"/>
          <other otherDesc="Primary Identifier" value="38113YAE9"/>
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        <balance>5273000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5457555.00000000</valUSD>
        <pctVal>0.616097267804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Cotai LLC (1-Month U.S. LIBOR plus 25 bps)</name>
        <lei>N/A</lei>
        <title>New Cotai LLC (1-Month U.S. LIBOR plus 25 bps)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL4242424            00001"/>
          <other otherDesc="Primary Identifier" value="BL4242424            00001"/>
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        <balance>71353.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71353.75000000</valUSD>
        <pctVal>0.008055044873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc. (GTD by TransDigm Group Inc.)</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc. (GTD by TransDigm Group Inc.)</title>
        <cusip>893647BB2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="893647BB2"/>
          <other otherDesc="Primary Identifier" value="893647BB2"/>
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        <balance>2490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2640918.90000000</valUSD>
        <pctVal>0.298130375009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Resources Corp. (ICE LIBOR plus 475 bps)</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>California Resources Corp. (ICE LIBOR plus 475 bps)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2562942            00001"/>
          <other otherDesc="Primary Identifier" value="BL2562942            00001"/>
        </identifiers>
        <balance>1928000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1718330.00000000</valUSD>
        <pctVal>0.193980348010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06554800</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frontier Communications Corp.</name>
        <lei>549300ZCZ76HYCS0H445</lei>
        <title>Frontier Communications Corp.</title>
        <cusip>35906AAQ1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="35906AAQ1"/>
          <other otherDesc="Primary Identifier" value="35906AAQ1"/>
        </identifiers>
        <balance>6315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3062775.00000000</valUSD>
        <pctVal>0.345753237374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Rentals (North America) Inc. (GTD by United Rentals Inc.)</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>United Rentals (North America) Inc. (GTD by United Rentals Inc.)</title>
        <cusip>911365BE3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="911365BE3"/>
          <other otherDesc="Primary Identifier" value="911365BE3"/>
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        <balance>472000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>506338.00000000</valUSD>
        <pctVal>0.057159929379</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>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TransDigm UK Holdings plc</name>
        <lei>549300JTYP71LZZSE903</lei>
        <title>TransDigm UK Holdings plc</title>
        <cusip>89365DAB9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="89365DAB9"/>
          <other otherDesc="Primary Identifier" value="89365DAB9"/>
        </identifiers>
        <balance>2171000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2312115.00000000</valUSD>
        <pctVal>0.261012071220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Laredo Petroleum Inc.</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>Laredo Petroleum Inc.</title>
        <cusip>516806AE6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="516806AE6"/>
          <other otherDesc="Primary Identifier" value="516806AE6"/>
        </identifiers>
        <balance>821000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>769687.50000000</valUSD>
        <pctVal>0.086889159305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <cashCollateralCondition cashCollateralVal="2192848.18" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="313918.47"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Constellium N.V.</name>
        <lei>724500KRJEMC79KAAU28</lei>
        <title>Constellium N.V.</title>
        <cusip>210383AG0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="210383AG0"/>
          <other otherDesc="Primary Identifier" value="210383AG0"/>
        </identifiers>
        <balance>2322000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2455515.00000000</valUSD>
        <pctVal>0.277200336515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boyne USA Inc.</name>
        <lei>N/A</lei>
        <title>Boyne USA Inc.</title>
        <cusip>103557AA2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="103557AA2"/>
          <other otherDesc="Primary Identifier" value="103557AA2"/>
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        <balance>2468000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2683950.00000000</valUSD>
        <pctVal>0.302988107664</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>0.07250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Recorded Books Inc. (ICE LIBOR plus 450 bps)</name>
        <lei>N/A</lei>
        <title>Recorded Books Inc. (ICE LIBOR plus 450 bps)</title>
        <cusip>37610GAB4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2771659            00001"/>
          <other otherDesc="Primary Identifier" value="BL2771659            00001"/>
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        <balance>1129700.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1132524.25000000</valUSD>
        <pctVal>0.127849393390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06299400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sonic Automotive Inc.</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>Sonic Automotive Inc.</title>
        <cusip>83545GBC5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="83545GBC5"/>
          <other otherDesc="Primary Identifier" value="83545GBC5"/>
        </identifiers>
        <balance>1198000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1248915.00000000</valUSD>
        <pctVal>0.140988614722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Crownrock L.P.</name>
        <lei>WFBCP6PB6JZR80B7U482</lei>
        <title>Crownrock L.P.</title>
        <cusip>228701AF5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="228701AF5"/>
          <other otherDesc="Primary Identifier" value="228701AF5"/>
        </identifiers>
        <balance>7521000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7671420.00000000</valUSD>
        <pctVal>0.866018006631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CEC Entertainment Inc. (ICE LIBOR plus 650 bps)</name>
        <lei>N/A</lei>
        <title>CEC Entertainment Inc. (ICE LIBOR plus 650 bps)</title>
        <cusip>12513VAF3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL3112457            00001"/>
          <other otherDesc="Primary Identifier" value="BL3112457            00001"/>
        </identifiers>
        <balance>3444367.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3299221.85000000</valUSD>
        <pctVal>0.372445457291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08299400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc. (GTD by TransDigm Group Inc.)</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc. (GTD by TransDigm Group Inc.)</title>
        <cusip>893647BJ5</cusip>
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          <other otherDesc="Primary Identifier" value="893647BJ5"/>
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        <curCd>USD</curCd>
        <valUSD>7013891.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clear Channel Worldwide Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Clear Channel Worldwide Holdings Inc.</title>
        <cusip>18451QAN8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="18451QAN8"/>
          <other otherDesc="Primary Identifier" value="18451QAN8"/>
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        <balance>3979000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4406742.50000000</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>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Amynta Agency Borrower Inc. (ICE LIBOR plus 400 bps)</name>
        <lei>N/A</lei>
        <title>Amynta Agency Borrower Inc. (ICE LIBOR plus 400 bps)</title>
        <cusip>57810JAC2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2827931            00001"/>
          <other otherDesc="Primary Identifier" value="BL2827931            00001"/>
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        <balance>8372521.25000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7786444.76000000</valUSD>
        <pctVal>0.879003022882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06299400</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>True Religion Apparel Inc.</name>
        <lei>N/A</lei>
        <title>True Religion Apparel Inc.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Primary Identifier" value="445566778"/>
          <other otherDesc="Primary Identifier" value="445566778"/>
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        <balance>12700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.01000000</valUSD>
        <pctVal>0.000000001128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clear Channel Outdoor Holdings Inc. (ICE LIBOR plus 350 bps)</name>
        <lei>N/A</lei>
        <title>Clear Channel Outdoor Holdings Inc. (ICE LIBOR plus 350 bps)</title>
        <cusip>18452RAD7</cusip>
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          <other otherDesc="Primary Identifier" value="BL3112358            00001"/>
          <other otherDesc="Primary Identifier" value="BL3112358            00001"/>
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        <balance>6597465.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6628077.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05299400</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASG Warrant Corp.</name>
        <lei>N/A</lei>
        <title>ASG Warrant Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="00190B105"/>
          <other otherDesc="Primary Identifier" value="00190B105"/>
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        <balance>1200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.0000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Endeavor Energy Resources L.P.</name>
        <lei>549300WY5QI80P9WHD46</lei>
        <title>Endeavor Energy Resources L.P.</title>
        <cusip>29260FAD2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="29260FAD2"/>
          <other otherDesc="Primary Identifier" value="29260FAD2"/>
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        <balance>2453000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2532722.50000000</valUSD>
        <pctVal>0.285916204666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>Lower Cadence Holdings LLC (ICE LIBOR plus 400 bps)</name>
        <lei>N/A</lei>
        <title>Lower Cadence Holdings LLC (ICE LIBOR plus 400 bps)</title>
        <cusip>54805BAB5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2969345            00001"/>
          <other otherDesc="Primary Identifier" value="BL2969345            00001"/>
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        <balance>680580.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>671650.79000000</valUSD>
        <pctVal>0.075821904980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05799400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Allison Transmission Inc.</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>Allison Transmission Inc.</title>
        <cusip>019736AD9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="019736AD9"/>
          <other otherDesc="Primary Identifier" value="019736AD9"/>
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        <balance>781000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>799548.75000000</valUSD>
        <pctVal>0.090260162353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>McDermott Technology (Americas) Inc. (ICE LIBOR plus 500 bps)</name>
        <lei>ZAKWBIG8QLOPMZ888610</lei>
        <title>McDermott Technology (Americas) Inc. (ICE LIBOR plus 500 bps)</title>
        <cusip>58004GAB4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2604710            00001"/>
          <other otherDesc="Primary Identifier" value="BL2604710            00001"/>
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        <balance>5530125.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3219915.41000000</valUSD>
        <pctVal>0.363492642156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06944600</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>Pinnacle Operating Corp.</name>
        <lei>5493003TRZY542551L24</lei>
        <title>Pinnacle Operating Corp.</title>
        <cusip>72348XAC1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="72348XAC1"/>
          <other otherDesc="Primary Identifier" value="72348XAC1"/>
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        <balance>6600825.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2640330.09000000</valUSD>
        <pctVal>0.298063904908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09000000</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>Dynacast International LLC (ICE LIBOR plus 850 bps)</name>
        <lei>X7KHAIMGSSPZ1XIJIL51</lei>
        <title>Dynacast International LLC (ICE LIBOR plus 850 bps)</title>
        <cusip>26779LAB3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL1648205            00001"/>
          <other otherDesc="Primary Identifier" value="BL1648205            00001"/>
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        <balance>13353602.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12585770.46000000</valUSD>
        <pctVal>1.420793522671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10444600</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>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307BA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="126307BA4"/>
          <other otherDesc="Primary Identifier" value="126307BA4"/>
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        <balance>1372000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1464610.00000000</valUSD>
        <pctVal>0.165338181548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JBS USA JBS USA Food Co. and JBS USA Finance Inc. (GTD by JBS S.A.)</name>
        <lei>P77IMDGVZE8EFBTF2M92</lei>
        <title>JBS USA JBS USA Food Co. and JBS USA Finance Inc. (GTD by JBS S.A.)</title>
        <cusip>46590XAB2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="46590XAB2"/>
          <other otherDesc="Primary Identifier" value="46590XAB2"/>
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        <balance>2078000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2231979.80000000</valUSD>
        <pctVal>0.251965698298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Larchmont Resources LLC</name>
        <lei>N/A</lei>
        <title>Larchmont Resources LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="111222333"/>
          <other otherDesc="Primary Identifier" value="111222333"/>
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        <balance>1007.07000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>251767.50000000</valUSD>
        <pctVal>0.028421750925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bowie Resources Holdings LLC (ICE LIBOR plus 1075 bps)</name>
        <lei>N/A</lei>
        <title>Bowie Resources Holdings LLC (ICE LIBOR plus 1075 bps)</title>
        <cusip>10247GAD8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL1071689            00001"/>
          <other otherDesc="Primary Identifier" value="BL1071689            00001"/>
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        <balance>1910880.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1791450.00000000</valUSD>
        <pctVal>0.202234782866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.12658600</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>Hillman Group Inc. (The) (ICE LIBOR plus 350 bps)</name>
        <lei>BDPO7HREUXNPHVMSIT54</lei>
        <title>Hillman Group Inc. (The) (ICE LIBOR plus 350 bps)</title>
        <cusip>43162TAK6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2695478            00001"/>
          <other otherDesc="Primary Identifier" value="BL2695478            00001"/>
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        <balance>4297819.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4220458.41000000</valUSD>
        <pctVal>0.476442820142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05799400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>U.S. Renal Care Inc. (3-Month ICE LIBOR plus 500 bps)</name>
        <lei>N/A</lei>
        <title>U.S. Renal Care Inc. (3-Month ICE LIBOR plus 500 bps)</title>
        <cusip>90290PAN4</cusip>
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          <other otherDesc="Primary Identifier" value="BL3003243            00001"/>
          <other otherDesc="Primary Identifier" value="BL3003243            00001"/>
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        <balance>10963522.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10853887.28000000</valUSD>
        <pctVal>1.225283171359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06812500</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Belk Inc. (ICE LIBOR plus 675 bps)</name>
        <lei>N/A</lei>
        <title>Belk Inc. (ICE LIBOR plus 675 bps)</title>
        <cusip>07384DAC6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL3196252            00001"/>
          <other otherDesc="Primary Identifier" value="BL3196252            00001"/>
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        <balance>2200340.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1522371.68000000</valUSD>
        <pctVal>0.171858832871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08802900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Par Pharmaceutical Inc.</name>
        <lei>N/A</lei>
        <title>Par Pharmaceutical Inc.</title>
        <cusip>69888XAA7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="69888XAA7"/>
          <other otherDesc="Primary Identifier" value="69888XAA7"/>
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        <balance>3609000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3590955.00000000</valUSD>
        <pctVal>0.405378885656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NFP Corp.</name>
        <lei>VO2L9FZNXDJNQNEYH039</lei>
        <title>NFP Corp.</title>
        <cusip>65342RAB6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="65342RAB6"/>
          <other otherDesc="Primary Identifier" value="65342RAB6"/>
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        <balance>2791000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2846820.00000000</valUSD>
        <pctVal>0.321374319440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wynn Macau Ltd.</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>Wynn Macau Ltd.</title>
        <cusip>98313RAC0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="98313RAC0"/>
          <other otherDesc="Primary Identifier" value="98313RAC0"/>
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        <balance>855000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>874237.50000000</valUSD>
        <pctVal>0.098691691638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</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>Ultra Resources Inc. (9.000% Cash and 2.000% PIK)</name>
        <lei>VZ4O3I6KP00FINKB5W86</lei>
        <title>Ultra Resources Inc. (9.000% Cash and 2.000% PIK)</title>
        <cusip>90400GAE1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="90400GAE1"/>
          <other otherDesc="Primary Identifier" value="90400GAE1"/>
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        <balance>1016390.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>162622.40000000</valUSD>
        <pctVal>0.018358260489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colorado Buyer Inc.</name>
        <lei>N/A</lei>
        <title>Colorado Buyer Inc.</title>
        <cusip>19633FAB7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2379412"/>
          <other otherDesc="Primary Identifier" value="BL2379412"/>
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        <balance>702000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>422758.44000000</valUSD>
        <pctVal>0.047724726516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vertiv Group Corp.</name>
        <lei>549300ZT8RQ5VK10E643</lei>
        <title>Vertiv Group Corp.</title>
        <cusip>220517AA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="220517AA4"/>
          <other otherDesc="Primary Identifier" value="220517AA4"/>
        </identifiers>
        <balance>844000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>907300.00000000</valUSD>
        <pctVal>0.102424080211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digicel Group Ltd.</name>
        <lei>N/A</lei>
        <title>Digicel Group Ltd.</title>
        <cusip>25382DAA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="25382DAA4"/>
          <other otherDesc="Primary Identifier" value="25382DAA4"/>
        </identifiers>
        <balance>3033000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1690897.50000000</valUSD>
        <pctVal>0.190883523828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Cotai Participation Corp. Class B</name>
        <lei>N/A</lei>
        <title>New Cotai Participation Corp. Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="NEWCOTAIB"/>
          <other otherDesc="Primary Identifier" value="NEWCOTAIB"/>
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        <balance>2.10000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.0000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EP Energy LLC and Everest Acquisition Finance Inc.</name>
        <lei>J2UPE7JWRDJO2O2EYB93</lei>
        <title>EP Energy LLC and Everest Acquisition Finance Inc.</title>
        <cusip>268787AH1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="268787AH1"/>
          <other otherDesc="Primary Identifier" value="268787AH1"/>
        </identifiers>
        <balance>1320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26400.00000000</valUSD>
        <pctVal>0.002980266414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09375000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Performance Food Group Inc.</name>
        <lei>549300OMUOGBYK0FFO76</lei>
        <title>Performance Food Group Inc.</title>
        <cusip>71376LAB6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="71376LAB6"/>
          <other otherDesc="Primary Identifier" value="71376LAB6"/>
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        <balance>2754000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2822850.00000000</valUSD>
        <pctVal>0.318668373002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>Dreyfus Institutional Preferred Government Money Market Fund - Institutional Shares</name>
        <lei>N/A</lei>
        <title>Dreyfus Institutional Preferred Government Money Market Fund - Institutional Shares</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="26200X100"/>
          <other otherDesc="Primary Identifier" value="26200X100"/>
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        <balance>2192848.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2192848.18000000</valUSD>
        <pctVal>0.247548173570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc. (GTD by TransDigm Group Inc.)</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc. (GTD by TransDigm Group Inc.)</title>
        <cusip>893647BH9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="893647BH9"/>
          <other otherDesc="Primary Identifier" value="893647BH9"/>
        </identifiers>
        <balance>2673000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2923727.40000000</valUSD>
        <pctVal>0.330056309637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nielsen Finance LLC and Nielsen Finance Co.</name>
        <lei>UJ76Y189LDMPCOCW7204</lei>
        <title>Nielsen Finance LLC and Nielsen Finance Co.</title>
        <cusip>65409QBB7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="65409QBB7"/>
          <other otherDesc="Primary Identifier" value="65409QBB7"/>
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        <balance>896000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>899360.00000000</valUSD>
        <pctVal>0.101527742509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MLN U.S. Holdco LLC (ICE LIBOR plus 875 bps)</name>
        <lei>N/A</lei>
        <title>MLN U.S. Holdco LLC (ICE LIBOR plus 875 bps)</title>
        <cusip>55292HAE3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2741231            00001"/>
          <other otherDesc="Primary Identifier" value="BL2741231            00001"/>
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        <balance>2920000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2160800.00000000</valUSD>
        <pctVal>0.243930290445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10441100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DISH DBS Corp.</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp.</title>
        <cusip>25470XAW5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="25470XAW5"/>
          <other otherDesc="Primary Identifier" value="25470XAW5"/>
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        <balance>1724000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1761712.50000000</valUSD>
        <pctVal>0.198877749817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RegionalCare Hospital Partners Holdings Inc. and Legend Merger Sub Inc.</name>
        <lei>549300G8ZVHRTBBBSZ90</lei>
        <title>RegionalCare Hospital Partners Holdings Inc. and Legend Merger Sub Inc.</title>
        <cusip>53219LAR0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="53219LAR0"/>
          <other otherDesc="Primary Identifier" value="53219LAR0"/>
        </identifiers>
        <balance>8355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9441150.00000000</valUSD>
        <pctVal>1.065800843039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Constellium N.V.</name>
        <lei>724500KRJEMC79KAAU28</lei>
        <title>Constellium N.V.</title>
        <cusip>210383AA3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="210383AA3"/>
          <other otherDesc="Primary Identifier" value="210383AA3"/>
        </identifiers>
        <balance>3551000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3648652.50000000</valUSD>
        <pctVal>0.411892291771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nine Energy Service Inc.</name>
        <lei>549300KRLJCZBPZMKT65</lei>
        <title>Nine Energy Service Inc.</title>
        <cusip>65441VAA9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="65441VAA9"/>
          <other otherDesc="Primary Identifier" value="65441VAA9"/>
        </identifiers>
        <balance>1917000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1552770.00000000</valUSD>
        <pctVal>0.175290465149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Talbots Inc. (The) (ICE LIBOR plus 700 bps)</name>
        <lei>N/A</lei>
        <title>Talbots Inc. (The) (ICE LIBOR plus 700 bps)</title>
        <cusip>87416DAF3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2839423            00001"/>
          <other otherDesc="Primary Identifier" value="BL2839423            00001"/>
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        <balance>4482920.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4370847.45000000</valUSD>
        <pctVal>0.493420070331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08799400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAE Holding Corp. (ICE LIBOR plus 950 bps)</name>
        <lei>N/A</lei>
        <title>PAE Holding Corp. (ICE LIBOR plus 950 bps)</title>
        <cusip>69322HAH1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2257592            00001"/>
          <other otherDesc="Primary Identifier" value="BL2257592            00001"/>
        </identifiers>
        <balance>798277.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>782312.23000000</valUSD>
        <pctVal>0.088314350926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.11349100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scientific Games International Inc. (GTD by Scientific Games Corp.)</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
        <title>Scientific Games International Inc. (GTD by Scientific Games Corp.)</title>
        <cusip>80874YBE9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="80874YBE9"/>
          <other otherDesc="Primary Identifier" value="80874YBE9"/>
        </identifiers>
        <balance>282000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>306675.00000000</valUSD>
        <pctVal>0.034620197067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bowie Resources Holdings LLC (ICE LIBOR plus 575 bps)</name>
        <lei>N/A</lei>
        <title>Bowie Resources Holdings LLC (ICE LIBOR plus 575 bps)</title>
        <cusip>10247GAB2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL1071648            00001"/>
          <other otherDesc="Primary Identifier" value="BL1071648            00001"/>
        </identifiers>
        <balance>2748106.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2672533.77000000</valUSD>
        <pctVal>0.301699342253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07658600</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Callon Petroleum Co. (GTD by Callon Petroleum Operating Co.)</name>
        <lei>549300EFOWPEB0WLZW21</lei>
        <title>Callon Petroleum Co. (GTD by Callon Petroleum Operating Co.)</title>
        <cusip>13123XAZ5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="13123XAZ5"/>
          <other otherDesc="Primary Identifier" value="13123XAZ5"/>
        </identifiers>
        <balance>386000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>391637.53000000</valUSD>
        <pctVal>0.044211521863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVA Chemicals Corp.</name>
        <lei>5493007M1XGU5E55ZJ25</lei>
        <title>NOVA Chemicals Corp.</title>
        <cusip>66977WAQ2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="66977WAQ2"/>
          <other otherDesc="Primary Identifier" value="66977WAQ2"/>
        </identifiers>
        <balance>2943000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3038647.50000000</valUSD>
        <pctVal>0.343029510938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digicel Group Ltd.</name>
        <lei>N/A</lei>
        <title>Digicel Group Ltd.</title>
        <cusip>25382FAB7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="25382FAB7"/>
          <other otherDesc="Primary Identifier" value="25382FAB7"/>
        </identifiers>
        <balance>760000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>182400.00000000</valUSD>
        <pctVal>0.020590931588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jane Street Group LLC (ICE LIBOR plus 300 bps)</name>
        <lei>N/A</lei>
        <title>Jane Street Group LLC (ICE LIBOR plus 300 bps)</title>
        <cusip>47077DAC4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2812271            00001"/>
          <other otherDesc="Primary Identifier" value="BL2812271            00001"/>
        </identifiers>
        <balance>5020450.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5007898.88000000</valUSD>
        <pctVal>0.565336092336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04799400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Provident Funding Associates L.P. and PFG Finance Corp.</name>
        <lei>54930043BMDE130FJ617</lei>
        <title>Provident Funding Associates L.P. and PFG Finance Corp.</title>
        <cusip>74387UAJ0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="74387UAJ0"/>
          <other otherDesc="Primary Identifier" value="74387UAJ0"/>
        </identifiers>
        <balance>2943000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2884140.00000000</valUSD>
        <pctVal>0.325587332416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Edelman Financial Holdings II Inc. (ICE LIBOR plus 675 bps)</name>
        <lei>N/A</lei>
        <title>Edelman Financial Holdings II Inc. (ICE LIBOR plus 675 bps)</title>
        <cusip>27943TAB5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2727438            00001"/>
          <other otherDesc="Primary Identifier" value="BL2727438            00001"/>
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        <balance>4048000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4027760.00000000</valUSD>
        <pctVal>0.454689312590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08535100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>McDermott Technology Americas Inc. (ICE LIBOR plus 1000 bps)</name>
        <lei>ZAKWBIG8QLOPMZ888610</lei>
        <title>McDermott Technology Americas Inc. (ICE LIBOR plus 1000 bps)</title>
        <cusip>58004GAE8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL3199017            00002"/>
          <other otherDesc="Primary Identifier" value="BL3199017            00002"/>
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        <balance>407107.92000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>414842.97000000</valUSD>
        <pctVal>0.046831157979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.11900100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EP Energy LLC and Everest Acquisition Finance Inc.</name>
        <lei>J2UPE7JWRDJO2O2EYB93</lei>
        <title>EP Energy LLC and Everest Acquisition Finance Inc.</title>
        <cusip>268787AJ7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="268787AJ7"/>
          <other otherDesc="Primary Identifier" value="268787AJ7"/>
        </identifiers>
        <balance>1933000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1382095.00000000</valUSD>
        <pctVal>0.156023155670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bellatrix Exploration Ltd.</name>
        <lei>549300S2235IL73TH941</lei>
        <title>Bellatrix Exploration Ltd.</title>
        <cusip>078314AF8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="078314AF8"/>
          <other otherDesc="Primary Identifier" value="078314AF8"/>
        </identifiers>
        <balance>1022000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1048367.60000000</valUSD>
        <pctVal>0.118349043484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digicel Group Ltd.</name>
        <lei>N/A</lei>
        <title>Digicel Group Ltd.</title>
        <cusip>25380QAG4</cusip>
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        <curCd>USD</curCd>
        <valUSD>1532719.65000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>LifeScan Global Corp. (3-Month ICE LIBOR plus 950 bps)</name>
        <lei>N/A</lei>
        <title>LifeScan Global Corp. (3-Month ICE LIBOR plus 950 bps)</title>
        <cusip>53227PAE0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2698530            00001"/>
          <other otherDesc="Primary Identifier" value="BL2698530            00001"/>
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        <balance>632000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Heartland Dental LLC</name>
        <lei>N/A</lei>
        <title>Heartland Dental LLC</title>
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          <other otherDesc="Primary Identifier" value="BL2679332"/>
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        <balance>89618.67000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89058.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Clear Channel Outdoor Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Clear Channel Outdoor Holdings Inc.</title>
        <cusip>18453HAA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="18453HAA4"/>
          <other otherDesc="Primary Identifier" value="18453HAA4"/>
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        <balance>5508000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5735480.40000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>California Resources Corp. (ICE LIBOR plus 1037.50 bps)</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>California Resources Corp. (ICE LIBOR plus 1037.50 bps)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2218859            00001"/>
          <other otherDesc="Primary Identifier" value="BL2218859            00001"/>
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        <balance>2885000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2139717.95000000</valUSD>
        <pctVal>0.241550361447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.12179800</annualizedRt>
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      <invstOrSec>
        <name>State Street Institutional U.S. Government Money Market Fund - Premier Class</name>
        <lei>N/A</lei>
        <title>State Street Institutional U.S. Government Money Market Fund - Premier Class</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="857492706"/>
          <other otherDesc="Primary Identifier" value="857492706"/>
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        <balance>69393961.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69393961.13000000</valUSD>
        <pctVal>7.833806503891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Frontier Communications Corp.</name>
        <lei>549300ZCZ76HYCS0H445</lei>
        <title>Frontier Communications Corp.</title>
        <cusip>35906AAZ1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="35906AAZ1"/>
          <other otherDesc="Primary Identifier" value="35906AAZ1"/>
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        <balance>8236000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3994460.00000000</valUSD>
        <pctVal>0.450930112908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EP Energy LLC and Everest Acquisition Finance Inc.</name>
        <lei>J2UPE7JWRDJO2O2EYB93</lei>
        <title>EP Energy LLC and Everest Acquisition Finance Inc.</title>
        <cusip>268787AF5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="268787AF5"/>
          <other otherDesc="Primary Identifier" value="268787AF5"/>
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        <balance>1386000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27720.00000000</valUSD>
        <pctVal>0.003129279734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VTR Finance B.V.</name>
        <lei>213800F4XI4RJB82XM19</lei>
        <title>VTR Finance B.V.</title>
        <cusip>918370AB3</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="918370AB3"/>
          <other otherDesc="Primary Identifier" value="918370AB3"/>
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        <balance>8223000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8408017.50000000</valUSD>
        <pctVal>0.949171672920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Westmoreland Coal Co.</name>
        <lei>N/A</lei>
        <title>Westmoreland Coal Co.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="999991234"/>
          <other otherDesc="Primary Identifier" value="999991234"/>
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        <balance>28632.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>343584.00000000</valUSD>
        <pctVal>0.038786812714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Novelis Corp. (GTD by Novelis Inc.)</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>Novelis Corp. (GTD by Novelis Inc.)</title>
        <cusip>670001AA4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="670001AA4"/>
          <other otherDesc="Primary Identifier" value="670001AA4"/>
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        <balance>1471000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1542711.25000000</valUSD>
        <pctVal>0.174154944134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Altice S.A.</name>
        <lei>2221006ZDZREFLFIFQ42</lei>
        <title>Altice S.A.</title>
        <cusip>02154VAB7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="02154VAB7"/>
          <other otherDesc="Primary Identifier" value="02154VAB7"/>
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        <balance>5952000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6190080.00000000</valUSD>
        <pctVal>0.698791194132</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Party City Holdings Inc.</name>
        <lei>5493005PYM1JS6EZN307</lei>
        <title>Party City Holdings Inc.</title>
        <cusip>702150AD5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="702150AD5"/>
          <other otherDesc="Primary Identifier" value="702150AD5"/>
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        <balance>1785000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1258425.00000000</valUSD>
        <pctVal>0.142062187964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <loanByFundCondition isLoanByFund="Y" loanVal="530219.38"/>
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        <name>Larchmont Resources LLC (8.890% Cash or 8.890% PIK)</name>
        <lei>N/A</lei>
        <title>Larchmont Resources LLC (8.890% Cash or 8.890% PIK)</title>
        <cusip>51676UAE9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL1222333            00001"/>
          <other otherDesc="Primary Identifier" value="BL1222333            00001"/>
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        <balance>757405.19000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>696812.77000000</valUSD>
        <pctVal>0.078662412704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08890000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pilgrim's Pride Corp.</name>
        <lei>549300ZSLGV64ZL3HD75</lei>
        <title>Pilgrim's Pride Corp.</title>
        <cusip>72147KAC2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="72147KAC2"/>
          <other otherDesc="Primary Identifier" value="72147KAC2"/>
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        <balance>881000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>910628.03000000</valUSD>
        <pctVal>0.102799777788</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>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bausch Health Cos. Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos. Inc.</title>
        <cusip>91911KAP7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="91911KAP7"/>
          <other otherDesc="Primary Identifier" value="91911KAP7"/>
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        <balance>855000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>972306.00000000</valUSD>
        <pctVal>0.109762534701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09000000</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>McDermott Technology Americas Inc. (ICE LIBOR plus 1000 bps)</name>
        <lei>ZAKWBIG8QLOPMZ888610</lei>
        <title>McDermott Technology Americas Inc. (ICE LIBOR plus 1000 bps)</title>
        <cusip>58004GAE8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL3199017            00001"/>
          <other otherDesc="Primary Identifier" value="BL3199017            00001"/>
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        <balance>895637.42000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>912654.53000000</valUSD>
        <pctVal>0.103028547102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.12002100</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>Concordia International Corp. (ICE LIBOR plus 550 bps)</name>
        <lei>N/A</lei>
        <title>Concordia International Corp. (ICE LIBOR plus 550 bps)</title>
        <cusip>C2620KAK4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2794982            00001"/>
          <other otherDesc="Primary Identifier" value="BL2794982            00001"/>
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        <curCd>USD</curCd>
        <valUSD>1080114.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07446600</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Gateway Casinos &amp; Entertainment Ltd.</name>
        <lei>549300AK9XBIDV7T6V58</lei>
        <title>Gateway Casinos &amp; Entertainment Ltd.</title>
        <cusip>36760BAE9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="36760BAE9"/>
          <other otherDesc="Primary Identifier" value="36760BAE9"/>
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        <balance>2450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2505125.00000000</valUSD>
        <pctVal>0.282800753819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bellring Brands LLC (ICE LIBOR plus 500 bps)</name>
        <lei>N/A</lei>
        <title>Bellring Brands LLC (ICE LIBOR plus 500 bps)</title>
        <cusip>07982EAB2</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL3172147            00001"/>
          <other otherDesc="Primary Identifier" value="BL3172147            00001"/>
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        <balance>2762000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2787907.56000000</valUSD>
        <pctVal>0.314723760110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06799400</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>CommerceHub Inc. (ICE LIBOR plus 375 bps)</name>
        <lei>N/A</lei>
        <title>CommerceHub Inc. (ICE LIBOR plus 375 bps)</title>
        <cusip>20084XAC8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2688614            00001"/>
          <other otherDesc="Primary Identifier" value="BL2688614            00001"/>
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        <balance>3145105.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3074340.14000000</valUSD>
        <pctVal>0.347058813068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05299400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chesapeake Energy Corp.</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>Chesapeake Energy Corp.</title>
        <cusip>165167DD6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="165167DD6"/>
          <other otherDesc="Primary Identifier" value="165167DD6"/>
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        <balance>3037000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2869965.00000000</valUSD>
        <pctVal>0.323987132552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11500000</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>Asurion LLC (ICE LIBOR plus 600 bps)</name>
        <lei>N/A</lei>
        <title>Asurion LLC (ICE LIBOR plus 600 bps)</title>
        <cusip>04649VAU4</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2481622            00001"/>
          <other otherDesc="Primary Identifier" value="BL2481622            00001"/>
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        <balance>1861000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1882401.50000000</valUSD>
        <pctVal>0.212502195774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08299400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DISH DBS Corp.</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp.</title>
        <cusip>25470XAY1</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="25470XAY1"/>
          <other otherDesc="Primary Identifier" value="25470XAY1"/>
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        <balance>2821000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2988539.19000000</valUSD>
        <pctVal>0.337372839978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</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>Endeavor Energy Resources L.P.</name>
        <lei>549300WY5QI80P9WHD46</lei>
        <title>Endeavor Energy Resources L.P.</title>
        <cusip>29260FAE0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="29260FAE0"/>
          <other otherDesc="Primary Identifier" value="29260FAE0"/>
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        <balance>1789000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1880686.25000000</valUSD>
        <pctVal>0.212308563124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pilgrim's Pride Corp.</name>
        <lei>549300ZSLGV64ZL3HD75</lei>
        <title>Pilgrim's Pride Corp.</title>
        <cusip>72147KAE8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="72147KAE8"/>
          <other otherDesc="Primary Identifier" value="72147KAE8"/>
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        <balance>3082000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3332412.50000000</valUSD>
        <pctVal>0.376192312573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hillman Group Inc. (The)</name>
        <lei>BDPO7HREUXNPHVMSIT54</lei>
        <title>Hillman Group Inc. (The)</title>
        <cusip>40423BAA8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="40423BAA8"/>
          <other otherDesc="Primary Identifier" value="40423BAA8"/>
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        <balance>5883000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5471190.00000000</valUSD>
        <pctVal>0.617636507674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MLN U.S. Holdco LLC (ICE LIBOR plus 450 bps)</name>
        <lei>N/A</lei>
        <title>MLN U.S. Holdco LLC (ICE LIBOR plus 450 bps)</title>
        <cusip>55292HAB9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2741090            00001"/>
          <other otherDesc="Primary Identifier" value="BL2741090            00001"/>
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        <balance>5814068.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5479759.10000000</valUSD>
        <pctVal>0.618603863770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06191100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kronos Acquisition Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Kronos Acquisition Holdings Inc.</title>
        <cusip>50106GAA0</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="50106GAA0"/>
          <other otherDesc="Primary Identifier" value="50106GAA0"/>
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        <balance>13902000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13276410.00000000</valUSD>
        <pctVal>1.498759046359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09000000</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>Cyxtera DC Holdings Inc. (ICE LIBOR plus 300 bps)</name>
        <lei>N/A</lei>
        <title>Cyxtera DC Holdings Inc. (ICE LIBOR plus 300 bps)</title>
        <cusip>19633FAB7</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2379412            00001"/>
          <other otherDesc="Primary Identifier" value="BL2379412            00001"/>
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        <balance>2727000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1642253.94000000</valUSD>
        <pctVal>0.185392206853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08990000</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>HudBay Minerals Inc.</name>
        <lei>549300WI524AL577IX21</lei>
        <title>HudBay Minerals Inc.</title>
        <cusip>443628AF9</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="443628AF9"/>
          <other otherDesc="Primary Identifier" value="443628AF9"/>
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        <balance>408000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>423045.00000000</valUSD>
        <pctVal>0.047757075954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BIS Industries Ltd.</name>
        <lei>N/A</lei>
        <title>BIS Industries Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="04317YAXX"/>
          <other otherDesc="Primary Identifier" value="04317YAXX"/>
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        <balance>1604602.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78785.96000000</valUSD>
        <pctVal>0.008894058730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PAE Holding Corp. (ICE LIBOR plus 550 bps)</name>
        <lei>N/A</lei>
        <title>PAE Holding Corp. (ICE LIBOR plus 550 bps)</title>
        <cusip>69322HAE8</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2257550            00001"/>
          <other otherDesc="Primary Identifier" value="BL2257550            00001"/>
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        <balance>4968214.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4968214.46000000</valUSD>
        <pctVal>0.560856162635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07349100</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>Westmoreland Coal Co. (ICE LIBOR plus 650 bps)</name>
        <lei>5493005KY5ANOTGMLS28</lei>
        <title>Westmoreland Coal Co. (ICE LIBOR plus 650 bps)</title>
        <cusip>96106JAB5</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="BL2959445            00001"/>
          <other otherDesc="Primary Identifier" value="BL2959445            00001"/>
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        <balance>595384.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>592407.59000000</valUSD>
        <pctVal>0.066876228938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10149600</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Post Holdings Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings Inc.</title>
        <cusip>737446AM6</cusip>
        <identifiers>
          <other otherDesc="Primary Identifier" value="737446AM6"/>
          <other otherDesc="Primary Identifier" value="737446AM6"/>
        </identifiers>
        <balance>5618000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6025305.00000000</valUSD>
        <pctVal>0.680189929041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Ivy Variable Insurance Portfolios</ncom:nameOfApplicant>
      <ncom:signature>Joseph W. Kauten</ncom:signature>
      <ncom:signerName>Joseph W. Kauten</ncom:signerName>
      <ncom:title>Treasurer, Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
