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        <lei>549300KDSERHTJOXUS80</lei>
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        <valUSD>86755.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Dynavax Technologies Corp</name>
        <lei>549300T5URIXWDILX594</lei>
        <title>Dynavax Technologies Corp</title>
        <cusip>268158201</cusip>
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          <isin value="US2681582019"/>
          <ticker value="DVAX"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15380.00000000</valUSD>
        <pctVal>0.018450069526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PARSONS CORP</name>
        <lei>549300ZXH0VRBSEPX752</lei>
        <title>Parsons Corp</title>
        <cusip>70202LAD4</cusip>
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          <isin value="US70202LAD47"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1030500.00000000</valUSD>
        <pctVal>1.236202642884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>PARSONS CORP</name>
              <title>PARSONS CORP</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="70202L102"/>
                <isin value="US70202L1026"/>
                <ticker value="PSN"/>
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          <currencyInfos>
            <currencyInfo convRatio="10.62560000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TRAVERE THERAPEUTICS INC</name>
        <lei>N/A</lei>
        <title>Travere Therapeutics Inc</title>
        <cusip>89422GAA5</cusip>
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          <isin value="US89422GAA58"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499450.00000000</valUSD>
        <pctVal>0.599147413865</pctVal>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>TRAVERE THERAPEUTICS INC</name>
              <title>TRAVERE THERAPEUTICS INC</title>
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              <identifiers>
                <cusip value="89422G107"/>
                <isin value="US89422G1076"/>
                <ticker value="TVTX"/>
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          <currencyInfos>
            <currencyInfo convRatio="31.37400000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BITDEER TECHNOLOGIES GRP</name>
        <lei>2549007M2KGWVJ9XFP20</lei>
        <title>Bitdeer Technologies Group</title>
        <cusip>09175RAE0</cusip>
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          <isin value="US09175RAE09"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139305.00000000</valUSD>
        <pctVal>0.167112284490</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
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          <maturityDt>2031-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>BITDEER TECHNOLOGIES GROUP</name>
              <title>BITDEER TECHNOLOGIES GROUP</title>
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              <identifiers>
                <cusip value="000000000"/>
                <isin value="KYG114481008"/>
                <ticker value="BTDR"/>
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          <currencyInfos>
            <currencyInfo convRatio="56.26350000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOX INC</name>
        <lei>549300KQUCPD8687YS68</lei>
        <title>Box Inc</title>
        <cusip>10316TAD6</cusip>
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          <isin value="US10316TAD63"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1950000.00000000</valUSD>
        <pctVal>2.339248086972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>BOX INC</name>
              <title>BOX INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="10316T104"/>
                <isin value="US10316T1043"/>
                <ticker value="BOX"/>
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          <currencyInfos>
            <currencyInfo convRatio="23.01020000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Swisscom AG</name>
        <lei>5493005SL9HHOXS3B739</lei>
        <title>Swisscom AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0008742519"/>
          <ticker value="SCMN"/>
          <other otherDesc="SEDOL" value="5533976"/>
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        <balance>200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>145309.94000000</valUSD>
        <pctVal>0.174315897006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HALOZYME THERAPEUTICS IN</name>
        <lei>529900242I3SV9AGM753</lei>
        <title>Halozyme Therapeutics Inc</title>
        <cusip>40637HAJ8</cusip>
        <identifiers>
          <isin value="US40637HAJ86"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1221000.00000000</valUSD>
        <pctVal>1.464729186765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>HALOZYME THERAPEUTICS INC</name>
              <title>HALOZYME THERAPEUTICS INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="40637H109"/>
                <isin value="US40637H1095"/>
                <ticker value="HALO"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="11.46830000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Costco Wholesale Corp</name>
        <lei>29DX7H14B9S6O3FD6V18</lei>
        <title>Costco Wholesale Corp</title>
        <cusip>22160K105</cusip>
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          <isin value="US22160K1051"/>
          <ticker value="COST"/>
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        <balance>150.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129351.00000000</valUSD>
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        <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>ANI PHARMACEUTICALS INC</name>
        <lei>5493000T6CXTND40YH31</lei>
        <title>ANI Pharmaceuticals Inc</title>
        <cusip>00182CAC7</cusip>
        <identifiers>
          <isin value="US00182CAC73"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1325100.00000000</valUSD>
        <pctVal>1.589609046178</pctVal>
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        <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>2.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>ANI PHARMACEUTICALS INC</name>
              <title>ANI PHARMACEUTICALS INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="00182C103"/>
                <isin value="US00182C1036"/>
                <ticker value="ANIP"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="13.49290000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENDEAVOUR SILVER CORP</name>
        <lei>549300IF2E29780PPV02</lei>
        <title>Endeavour Silver Corp</title>
        <cusip>29258YAA1</cusip>
        <identifiers>
          <isin value="US29258YAA10"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>490500.00000000</valUSD>
        <pctVal>0.588410864953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>ENDEAVOUR SILVER CORP</name>
              <title>ENDEAVOUR SILVER CORP</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="29258Y103"/>
                <isin value="CA29258Y1034"/>
                <ticker value="EXK"/>
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          <currencyInfos>
            <currencyInfo convRatio="80.28900000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Crown Castle Inc</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>Crown Castle Inc</title>
        <cusip>22822V101</cusip>
        <identifiers>
          <isin value="US22822V1017"/>
          <ticker value="CCI"/>
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        <balance>7205.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>640308.35000000</valUSD>
        <pctVal>0.768123119389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FLUOR CORP</name>
        <lei>CQ7WZ4NOFWT7FAE6Q943</lei>
        <title>Fluor Corp</title>
        <cusip>343412AJ1</cusip>
        <identifiers>
          <isin value="US343412AJ13"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2283400.00000000</valUSD>
        <pctVal>2.739199529124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>FLUOR CORP</name>
              <title>FLUOR CORP</title>
              <curCd>USD</curCd>
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                <cusip value="343412102"/>
                <isin value="US3434121022"/>
                <ticker value="FLR"/>
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          <currencyInfos>
            <currencyInfo convRatio="22.04200000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PPL CAPITAL FUNDING INC</name>
        <lei>549300MROK5WY0D2NU17</lei>
        <title>PPL Capital Funding Inc</title>
        <cusip>69352PAU7</cusip>
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          <isin value="US69352PAU75"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501832.56000000</valUSD>
        <pctVal>0.602005567159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>PPL CORP</name>
              <title>PPL CORP</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="69351T106"/>
                <isin value="US69351T1060"/>
                <ticker value="PPL"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="23.44120000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Julius Baer Group Ltd</name>
        <lei>5299007MF0604ZGJER92</lei>
        <title>Julius Baer Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0102484968"/>
          <ticker value="BAER"/>
          <other otherDesc="SEDOL" value="B4R2R50"/>
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        <balance>200.00000000</balance>
        <units>NS</units>
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        <valUSD>15755.59000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CMS ENERGY CORP</name>
        <lei>549300IA9XFBAGNIBW29</lei>
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          <isin value="US125896BX77"/>
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        <valUSD>1179200.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>CMS ENERGY CORP</name>
              <title>CMS ENERGY CORP</title>
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                <cusip value="125896100"/>
                <isin value="US1258961002"/>
                <ticker value="CMS"/>
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            <currencyInfo convRatio="13.51940000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>GOLAR LNG LTD</name>
        <lei>213800C2VSFZG3EZLO34</lei>
        <title>Golar LNG Ltd</title>
        <cusip>38046YAC5</cusip>
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          <isin value="US38046YAC57"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>966750.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <isContngtConvrtbl>Y</isContngtConvrtbl>
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            <dbtSecRefInstrument>
              <name>GOLAR LNG LTD</name>
              <title>GOLAR LNG LTD</title>
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              <identifiers>
                <cusip value="000000000"/>
                <isin value="BMG9456A1009"/>
                <ticker value="GLNG"/>
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            <currencyInfo convRatio="17.59670000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>ENERGY FUELS INC</name>
        <lei>529900P0GCATXMGK8I62</lei>
        <title>Energy Fuels Inc/Canada</title>
        <cusip>292671AC8</cusip>
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          <isin value="US292671AC80"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>622800.00000000</valUSD>
        <pctVal>0.747119850546</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
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              <title>ENERGY FUELS INC/CANADA</title>
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                <cusip value="292671708"/>
                <isin value="CA2926717083"/>
                <ticker value="UUUU"/>
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          <currencyInfos>
            <currencyInfo convRatio="49.16720000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>Johnson &amp; Johnson</title>
        <cusip>478160104</cusip>
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          <isin value="US4781601046"/>
          <ticker value="JNJ"/>
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        <balance>300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>62085.00000000</valUSD>
        <pctVal>0.074478060245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PROGRESS SOFTWARE CORP</name>
        <lei>549300R65B3JG6972S24</lei>
        <title>Progress Software Corp</title>
        <cusip>743312AD2</cusip>
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          <isin value="US743312AD29"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1014250.00000000</valUSD>
        <pctVal>1.216708908826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>PROGRESS SOFTWARE CORP</name>
              <title>PROGRESS SOFTWARE CORP</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="743312100"/>
                <isin value="US7433121008"/>
                <ticker value="PRGS"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="14.76220000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CMS ENERGY CORP</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corp</title>
        <cusip>125896BZ2</cusip>
        <identifiers>
          <isin value="US125896BZ26"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>395820.00000000</valUSD>
        <pctVal>0.474831373223</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>CMS ENERGY CORP</name>
              <title>CMS ENERGY CORP</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="125896100"/>
                <isin value="US1258961002"/>
                <ticker value="CMS"/>
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          <currencyInfos>
            <currencyInfo convRatio="11.03600000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UBER TECHNOLOGIES INC</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>Uber Technologies Inc</title>
        <cusip>90353TAM2</cusip>
        <identifiers>
          <isin value="US90353TAM27"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1299500.00000000</valUSD>
        <pctVal>1.558898917446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>UBER TECHNOLOGIES INC</name>
              <title>UBER TECHNOLOGIES INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="90353T100"/>
                <isin value="US90353T1007"/>
                <ticker value="UBER"/>
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          <currencyInfos>
            <currencyInfo convRatio="13.78480000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLOUDFLARE INC</name>
        <lei>5493007DY18BGNLDWU14</lei>
        <title>Cloudflare Inc</title>
        <cusip>18915MAE7</cusip>
        <identifiers>
          <isin value="US18915MAE75"/>
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        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>239690.00000000</valUSD>
        <pctVal>0.287535576393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>CLOUDFLARE INC</name>
              <title>CLOUDFLARE INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="18915M107"/>
                <isin value="US18915M1071"/>
                <ticker value="NET"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="4.03760000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEBIUS GROUP NV</name>
        <lei>549300GGZHJ5Q1B18P93</lei>
        <title>Nebius Group NV</title>
        <cusip>63954QAF3</cusip>
        <identifiers>
          <isin value="US63954QAF37"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1439250.00000000</valUSD>
        <pctVal>1.726545030346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>NEBIUS GROUP NV</name>
              <title>NEBIUS GROUP NV</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="000000000"/>
                <isin value="NL0009805522"/>
                <ticker value="NBIS"/>
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          <currencyInfos>
            <currencyInfo convRatio="7.20720000" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEXTERA ENERGY INC</name>
        <lei>254900RHL9MEUS5NKX63</lei>
        <title>NextEra Energy Inc</title>
        <cusip>65339F119</cusip>
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          <ticker value="NEE"/>
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        <valUSD>1950000.00000000</valUSD>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NOVA LTD</name>
        <lei>529900B2DSWE5V3SC292</lei>
        <title>Nova Ltd</title>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
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              <name>NOVA LTD</name>
              <title>NOVA LTD</title>
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                <cusip value="000000000"/>
                <isin value="IL0010845571"/>
                <ticker value="NVMI"/>
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          <currencyInfos>
            <currencyInfo convRatio="3.12340000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OSI SYSTEMS INC</name>
        <lei>DDX3MPX1Y8YD30050X33</lei>
        <title>OSI Systems Inc</title>
        <cusip>671044AG0</cusip>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>246425.00000000</valUSD>
        <pctVal>0.295614979401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>OSI SYSTEMS INC</name>
              <title>OSI SYSTEMS INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="671044105"/>
                <isin value="US6710441055"/>
                <ticker value="OSIS"/>
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          <currencyInfos>
            <currencyInfo convRatio="2.82630000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PPL CAPITAL FUNDING INC</name>
        <lei>549300MROK5WY0D2NU17</lei>
        <title>PPL Capital Funding Inc</title>
        <cusip>69352PAS2</cusip>
        <identifiers>
          <isin value="US69352PAS20"/>
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        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1538250.00000000</valUSD>
        <pctVal>1.845306856300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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                <cusip value="69351T106"/>
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        <name>Algonquin Power &amp; Utilities Co</name>
        <lei>549300K5VIUTJXQL7X75</lei>
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          <isin value="CA0158571053"/>
          <ticker value="AQN"/>
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      <invstOrSec>
        <name>MICROCHIP TECHNOLOGY INC</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>Microchip Technology Inc</title>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ZOETIS INC</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
        <title>Zoetis Inc</title>
        <cusip>98978VAY9</cusip>
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          <isin value="US98978VAY92"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2029-06-15</maturityDt>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>ZOETIS INC</name>
              <title>ZOETIS INC</title>
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                <cusip value="98978V103"/>
                <isin value="US98978V1035"/>
                <ticker value="ZTS"/>
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            <currencyInfo convRatio="6.74760000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Campbell's Company/The</name>
        <lei>5493007JDSMX8Z5Z1902</lei>
        <title>Campbell's Company/The</title>
        <cusip>134429109</cusip>
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          <isin value="US1344291091"/>
          <ticker value="CPB"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COINBASE GLOBAL INC</name>
        <lei>5493004G3J2SC154DU06</lei>
        <title>Coinbase Global Inc</title>
        <cusip>19260QAF4</cusip>
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          <isin value="US19260QAF46"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>616050.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>COINBASE GLOBAL INC</name>
              <title>COINBASE GLOBAL INC</title>
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                <cusip value="19260Q107"/>
                <isin value="US19260Q1076"/>
                <ticker value="COIN"/>
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          <currencyInfos>
            <currencyInfo convRatio="2.99810000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>WISDOMTREE INC</name>
        <lei>549300WIU8IS7UFO7871</lei>
        <title>WisdomTree Inc</title>
        <cusip>97717PAH7</cusip>
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          <isin value="US97717PAH73"/>
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        <balance>1000000.00000000</balance>
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          <maturityDt>2029-08-15</maturityDt>
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          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>WISDOMTREE INC</name>
              <title>WISDOMTREE INC</title>
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                <cusip value="97717P104"/>
                <isin value="US97717P1049"/>
                <ticker value="WT"/>
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            <currencyInfo convRatio="84.59340000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>TERAWULF INC</name>
        <lei>254900CVMW1SX2T78A64</lei>
        <title>Terawulf Inc</title>
        <cusip>88080TAE4</cusip>
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          <isin value="US88080TAE47"/>
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        <balance>80000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
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              <name>TERAWULF INC</name>
              <title>TERAWULF INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="88080T104"/>
                <isin value="US88080T1043"/>
                <ticker value="WULF"/>
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          <currencyInfos>
            <currencyInfo convRatio="50.15670000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>GALAXY DIGITAL HOLDIN LP</name>
        <lei>N/A</lei>
        <title>Galaxy Digital Holdings LP</title>
        <cusip>36317GAB2</cusip>
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          <isin value="US36317GAB23"/>
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        <balance>820000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>GALAXY DIGITAL INC</name>
              <title>GALAXY DIGITAL INC</title>
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                <isin value="US36317J2096"/>
                <ticker value="GLXY"/>
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            <currencyInfo convRatio="10497.58560000" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Donaldson Co Inc</name>
        <lei>OZE6KXY9QQPR8EJ8WL20</lei>
        <title>Donaldson Co Inc</title>
        <cusip>257651109</cusip>
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          <isin value="US2576511099"/>
          <ticker value="DCI"/>
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        <balance>150.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AKAMAI TECHNOLOGIES INC</name>
        <lei>OC1LZNN2LF5WTJ5RIL89</lei>
        <title>Akamai Technologies Inc</title>
        <cusip>00971TAN1</cusip>
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          <isin value="US00971TAN19"/>
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        <balance>1375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1361937.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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              <name>AKAMAI TECHNOLOGIES INC</name>
              <title>AKAMAI TECHNOLOGIES INC</title>
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                <cusip value="00971T101"/>
                <isin value="US00971T1016"/>
                <ticker value="AKAM"/>
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            <currencyInfo convRatio="7.91700000" curCd="USD"/>
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      <invstOrSec>
        <name>Pernod Ricard SA</name>
        <lei>52990097YFPX9J0H5D87</lei>
        <title>Pernod Ricard SA</title>
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          <isin value="FR0000120693"/>
          <ticker value="RI"/>
          <other otherDesc="SEDOL" value="4682329"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <name>Grupo Televisa SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>Grupo Televisa SAB</title>
        <cusip>40049J206</cusip>
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          <isin value="US40049J2069"/>
          <ticker value="TV"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101850.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <name>LIGAND PHARMACEUTICALS I</name>
        <lei>5493008K7TB0IKP37H79</lei>
        <title>Ligand Pharmaceuticals Inc</title>
        <cusip>53220KAG3</cusip>
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          <isin value="US53220KAG31"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1468312.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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              <name>LIGAND PHARMACEUTICALS INC</name>
              <title>LIGAND PHARMACEUTICALS INC</title>
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                <isin value="US53220K5048"/>
                <ticker value="LGND"/>
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          <currencyInfos>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>OSI SYSTEMS INC</name>
        <lei>DDX3MPX1Y8YD30050X33</lei>
        <title>OSI Systems Inc</title>
        <cusip>671044AF2</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
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              <name>OSI SYSTEMS INC</name>
              <title>OSI SYSTEMS INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="671044105"/>
                <isin value="US6710441055"/>
                <ticker value="OSIS"/>
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          <currencyInfos>
            <currencyInfo convRatio="5.20900000" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUTHERN CO</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>Southern Co/The</title>
        <cusip>842587842</cusip>
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          <isin value="US8425878423"/>
          <ticker value="SO"/>
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        <balance>5800.00000000</balance>
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        <curCd>USD</curCd>
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        <name>JPMorgan Chase &amp; Co</name>
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      <invstOrSec>
        <name>Newmont Corp</name>
        <lei>549300VSP3RIX7FGDZ51</lei>
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      <invstOrSec>
        <name>Textron Inc</name>
        <lei>3PPKBHUG1HD6BO7RNR87</lei>
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          <isin value="US8832031012"/>
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        <balance>3000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
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          <isin value="US912797RV15"/>
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        <curCd>USD</curCd>
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          <maturityDt>2026-03-05</maturityDt>
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      <invstOrSec>
        <name>PNC Financial Services Group I</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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          <isin value="US6934751057"/>
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        <curCd>USD</curCd>
        <valUSD>20873.00000000</valUSD>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CYBERARK SOFTWARE LTD</name>
        <lei>529900YEXNDM894PWS93</lei>
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          <isin value="US23248VAC90"/>
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        <invCountry>IL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
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            <dbtSecRefInstrument>
              <name>CYBERARK SOFTWARE LTD</name>
              <title>CYBERARK SOFTWARE LTD</title>
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            <currencyInfo convRatio="1.96140000" curCd="USD"/>
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        <securityLending>
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      <invstOrSec>
        <name>PLUG POWER INC</name>
        <lei>549300JPDKRSJ8JSM954</lei>
        <title>Plug Power Inc</title>
        <cusip>72919PAG8</cusip>
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          <isin value="US72919PAG81"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>800800.00000000</valUSD>
        <pctVal>0.960651214383</pctVal>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>PLUG POWER INC</name>
              <title>PLUG POWER INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="72919P202"/>
                <isin value="US72919P2020"/>
                <ticker value="PLUG"/>
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          <currencyInfos>
            <currencyInfo convRatio="333.33330000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NABORS INDUSTRIES INC</name>
        <lei>549300VFQWRKICUFNU92</lei>
        <title>Nabors Industries Inc</title>
        <cusip>62957HAL9</cusip>
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          <isin value="US62957HAL96"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1140580.00000000</valUSD>
        <pctVal>1.368256196430</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>NABORS INDUSTRIES LTD</name>
              <title>NABORS INDUSTRIES LTD</title>
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                <cusip value="000000000"/>
                <isin value="BMG6359F1370"/>
                <ticker value="NBR"/>
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          <currencyInfos>
            <currencyInfo convRatio="4.70560000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEMPUS AI INC</name>
        <lei>2549009LA0KWRAGQBX50</lei>
        <title>Tempus AI Inc</title>
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          <isin value="US88023BAD55"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1068000.00000000</valUSD>
        <pctVal>1.281188183018</pctVal>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
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              <name>TEMPUS AI INC</name>
              <title>TEMPUS AI INC</title>
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                <isin value="US88023B1035"/>
                <ticker value="TEM"/>
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          <currencyInfos>
            <currencyInfo convRatio="11.87780000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>BWX TECHNOLOGIES INC</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX Technologies Inc</title>
        <cusip>05605HAD2</cusip>
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          <isin value="US05605HAD26"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>764400.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>BWX TECHNOLOGIES INC</name>
              <title>BWX TECHNOLOGIES INC</title>
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                <isin value="US05605H1005"/>
                <ticker value="BWXT"/>
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          <currencyInfos>
            <currencyInfo convRatio="3.80940000" curCd="USD"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Baxter International Inc</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
        <title>Baxter International Inc</title>
        <cusip>071813109</cusip>
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          <isin value="US0718131099"/>
          <ticker value="BAX"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19110.00000000</valUSD>
        <pctVal>0.022924631252</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALIBABA GROUP HOLDING</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>Alibaba Group Holding Ltd</title>
        <cusip>01609WBG6</cusip>
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          <isin value="US01609WBG69"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>777750.00000000</valUSD>
        <pctVal>0.933000102380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
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            <dbtSecRefInstrument>
              <name>ALIBABA GROUP HOLDING LTD</name>
              <title>ALIBABA GROUP HOLDING LTD</title>
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                <cusip value="01609W102"/>
                <isin value="US01609W1027"/>
                <ticker value="BABA"/>
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            <currencyInfo convRatio="9.89150000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <name>IONIS PHARMACEUTICALS IN</name>
        <lei>549300SI4ZGLG0BLUZ92</lei>
        <title>Ionis Pharmaceuticals Inc</title>
        <cusip>462222AG5</cusip>
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          <isin value="US462222AG55"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160125.00000000</valUSD>
        <pctVal>0.192088256372</pctVal>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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            <dbtSecRefInstrument>
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              <title>IONIS PHARMACEUTICALS INC</title>
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              <identifiers>
                <cusip value="462222100"/>
                <isin value="US4622221004"/>
                <ticker value="IONS"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Pfizer Inc</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>Pfizer Inc</title>
        <cusip>717081103</cusip>
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          <isin value="US7170811035"/>
          <ticker value="PFE"/>
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        <balance>6200.00000000</balance>
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        <valUSD>154380.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>State Street Corp</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp</title>
        <cusip>857477103</cusip>
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          <isin value="US8574771031"/>
          <ticker value="STT"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>387030.00000000</valUSD>
        <pctVal>0.464286762615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PURECYCLE TECHNOLOGIES</name>
        <lei>N/A</lei>
        <title>PureCycle Technologies Inc</title>
        <cusip>74623VAB9</cusip>
        <identifiers>
          <isin value="US74623VAB99"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>606000.00000000</valUSD>
        <pctVal>0.726966328566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>CLEANSPARK INC</name>
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            <dbtSecRefInstrument>
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      <invstOrSec>
        <name>BLACKSKY TECHNOLOGY INC</name>
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            <dbtSecRefInstrument>
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                <ticker value="BKSY"/>
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        <name>MIRION TECHNOLOGIES INC</name>
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            <dbtSecRefInstrument>
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            <currencyInfo convRatio="43.27510000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <name>BOEING CO/THE</name>
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        <name>SOLARIS ENERGY INFRASTRU</name>
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                <ticker value="SEI"/>
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        <name>NORTHERN OIL &amp; GAS INC</name>
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                <ticker value="NOG"/>
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        <name>Brown-Forman Corp</name>
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        <name>HP ENTERPRISE CO</name>
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        <name>Ollamani SAB</name>
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        <name>AKAMAI TECHNOLOGIES INC</name>
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        <title>Akamai Technologies Inc</title>
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                <ticker value="AKAM"/>
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        <name>American Express Co</name>
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          <ticker value="AXP"/>
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        <name>BITFARMS LTD/CANADA</name>
        <lei>254900YWMA64Y1RPNJ12</lei>
        <title>Bitfarms Ltd/Canada</title>
        <cusip>09173BAA5</cusip>
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        <balance>1930000.00000000</balance>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>National Fuel Gas Co</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
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      <invstOrSec>
        <name>AST SPACEMOBILE INC</name>
        <lei>254900MBSC9P2UCI6623</lei>
        <title>AST SpaceMobile Inc</title>
        <cusip>00217DAE0</cusip>
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          <isin value="US00217DAE04"/>
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            <dbtSecRefInstrument>
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            <currencyInfo convRatio="10.38450000" curCd="USD"/>
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      <invstOrSec>
        <name>TERAWULF INC</name>
        <lei>254900CVMW1SX2T78A64</lei>
        <title>Terawulf Inc</title>
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          <isin value="US88080TAC80"/>
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        <balance>250000.00000000</balance>
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          <annualizedRt>1.00000000</annualizedRt>
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            <dbtSecRefInstrument>
              <name>TERAWULF INC</name>
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                <ticker value="WULF"/>
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            <currencyInfo convRatio="80.46020000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <name>APPLIED DIGITAL CORP</name>
        <lei>2549004NE2B6RYXINZ02</lei>
        <title>Applied Digital Corp</title>
        <cusip>038169AB4</cusip>
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          <isin value="US038169AB46"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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            <dbtSecRefInstrument>
              <name>APPLIED DIGITAL CORP</name>
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                <cusip value="038169207"/>
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                <ticker value="APLD"/>
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            <currencyInfo convRatio="102.54310000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>FIRST MAJESTIC SILVER</name>
        <lei>529900PWCU5DUH1DYR51</lei>
        <title>First Majestic Silver Corp</title>
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          <isin value="US32076VAE39"/>
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        <balance>100000.00000000</balance>
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        <invCountry>CA</invCountry>
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          <maturityDt>2031-01-15</maturityDt>
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            <dbtSecRefInstrument>
              <name>FIRST MAJESTIC SILVER CORP</name>
              <title>FIRST MAJESTIC SILVER CORP</title>
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                <cusip value="32076V103"/>
                <isin value="CA32076V1031"/>
                <ticker value="AG"/>
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            <currencyInfo convRatio="44.72270000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>BRIDGEBIO PHARMA INC</name>
        <lei>54930028YG89VTY2J114</lei>
        <title>Bridgebio Pharma Inc</title>
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        <balance>1200000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-03-01</maturityDt>
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          <annualizedRt>1.75000000</annualizedRt>
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            <dbtSecRefInstrument>
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              <title>BRIDGEBIO PHARMA INC</title>
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            <currencyInfo convRatio="20.07730000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Atlanta Braves Holdings Inc</name>
        <lei>N/A</lei>
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        <cusip>047726104</cusip>
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          <ticker value="BATRA"/>
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        <balance>1000.00000000</balance>
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      <invstOrSec>
        <name>Confluent Inc</name>
        <lei>254900MRZ83YWUV7SN74</lei>
        <title>Confluent Inc</title>
        <cusip>20717M103</cusip>
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          <isin value="US20717M1036"/>
          <ticker value="CFLT"/>
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        <balance>2000.00000000</balance>
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        <valUSD>60480.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>AMETEK Inc</name>
        <lei>549300WZDEF9KKE40E98</lei>
        <title>AMETEK Inc</title>
        <cusip>031100100</cusip>
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          <ticker value="AME"/>
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        <balance>200.00000000</balance>
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        <valUSD>41062.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>General Electric Co</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>General Electric Co</title>
        <cusip>369604301</cusip>
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        <balance>1000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>ASTRONICS CORP</name>
        <lei>549300NNXCF8H4MSMK17</lei>
        <title>Astronics Corp</title>
        <cusip>046433AE8</cusip>
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          <isin value="US046433AE87"/>
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              <title>ASTRONICS CORP</title>
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                <ticker value="ATRO"/>
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        <name>Merck &amp; Co Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Co Inc</title>
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          <ticker value="MRK"/>
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        <name>EVOLENT HEALTH INC</name>
        <lei>549300CZOCFHQ2BBTR11</lei>
        <title>Evolent Health Inc</title>
        <cusip>30050BAH4</cusip>
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        <balance>1500000.00000000</balance>
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              <title>EVOLENT HEALTH INC</title>
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                <ticker value="EVH"/>
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        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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          <ticker value="C"/>
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      <invstOrSec>
        <name>ADTRAN HOLDINGS INC</name>
        <lei>549300VV36J86CRRWF77</lei>
        <title>ADTRAN Holdings Inc</title>
        <cusip>00486HAA3</cusip>
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          <isin value="US00486HAA32"/>
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        <balance>1000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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            <dbtSecRefInstrument>
              <name>ADTRAN HOLDINGS INC</name>
              <title>ADTRAN HOLDINGS INC</title>
              <curCd>USD</curCd>
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                <isin value="US00486H1059"/>
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        <name>TRANSMEDICS GROUP INC</name>
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        <name>LIVE NATION ENTERTAINMEN</name>
        <lei>5493007B9BM9ZXJINO78</lei>
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          <delta>XXXX</delta>
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        <name>RIOT PLATFORMS INC</name>
        <lei>5299005LKZAJQDQZDF73</lei>
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        <name>DIGITAL REALTY TRUST LP</name>
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                <ticker value="EOSE"/>
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          <delta>XXXX</delta>
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        <name>COHU INC</name>
        <lei>529900FJPORJ3JJ2XS33</lei>
        <title>Cohu Inc</title>
        <cusip>192576AA4</cusip>
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            <dbtSecRefInstrument>
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              <title>COHU INC</title>
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          <delta>XXXX</delta>
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        <name>MP MATERIALS CORP</name>
        <lei>89450063PHPS61USMT84</lei>
        <title>MP Materials Corp</title>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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        <name>UR ENERGY INC</name>
        <lei>5493004ZEMNWEC7T6X93</lei>
        <title>Ur-Energy Inc</title>
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        <issuerCat>CORP</issuerCat>
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              <title>UR-ENERGY INC</title>
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        <name>Alexander &amp; Baldwin Inc</name>
        <lei>N/A</lei>
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          <ticker value="ALEX"/>
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        <name>WEC ENERGY GROUP INC</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC Energy Group Inc</title>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1169000.00000000</valUSD>
        <pctVal>1.402349237779</pctVal>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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              <title>WEC ENERGY GROUP INC</title>
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        <name>SHIFT4 PAYMENTS INC</name>
        <lei>N/A</lei>
        <title>Shift4 Payments Inc</title>
        <cusip>82452J307</cusip>
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          <isin value="US82452J3077"/>
          <ticker value="FOUR"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
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          <ticker value="BA"/>
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        <balance>400.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86848.00000000</valUSD>
        <pctVal>0.104184111721</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COGENT BIOSCIENCES INC</name>
        <lei>N/A</lei>
        <title>Cogent Biosciences Inc</title>
        <cusip>19240QAA0</cusip>
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          <isin value="US19240QAA04"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>293950.00000000</valUSD>
        <pctVal>0.352626653931</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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            <dbtSecRefInstrument>
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          <currencyInfos>
            <currencyInfo convRatio="32.27990000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>FIRSTENERGY CORP</name>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>FIRSTENERGY CORP</name>
              <title>FIRSTENERGY CORP</title>
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                <cusip value="337932107"/>
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                <ticker value="FE"/>
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          <currencyInfos>
            <currencyInfo convRatio="20.92750000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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      <invstOrSec>
        <name>BRIGHTSPRING HEALTH SERV</name>
        <lei>N/A</lei>
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          <isin value="US10950A2050"/>
          <ticker value="BTSG"/>
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        <balance>8540.00000000</balance>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COINBASE GLOBAL INC</name>
        <lei>5493004G3J2SC154DU06</lei>
        <title>Coinbase Global Inc</title>
        <cusip>19260QAJ6</cusip>
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          <isin value="US19260QAJ67"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>224250.00000000</valUSD>
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            <dbtSecRefInstrument>
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            <currencyInfo convRatio="2.53270000" curCd="USD"/>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>Roche Holding AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>Roche Holding AG</title>
        <cusip>771195104</cusip>
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          <isin value="US7711951043"/>
          <ticker value="RHHBY"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Bank of New York Mellon Corp/T</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
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          <isin value="US0640581007"/>
          <ticker value="BK"/>
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        <balance>6500.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CYTOKINETICS INC</name>
        <lei>549300BE5DY1HW7IHA64</lei>
        <title>Cytokinetics Inc</title>
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          <isin value="US23282WAD20"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
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        <pctVal>2.244058684048</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>CYTOKINETICS INC</name>
              <title>CYTOKINETICS INC</title>
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                <isin value="US23282W6057"/>
                <ticker value="CYTK"/>
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          <currencyInfos>
            <currencyInfo convRatio="14.61560000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>617446448</cusip>
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          <isin value="US6174464486"/>
          <ticker value="MS"/>
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        <curCd>USD</curCd>
        <valUSD>35506.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chart Industries Inc</name>
        <lei>EM7QGKC1GYOF3LSZSL80</lei>
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          <isin value="US16115Q3083"/>
          <ticker value="GTLS"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>AEROVIRONMENT INC</name>
        <lei>529900PGHVI29YLZ6221</lei>
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        <fairValLevel>2</fairValLevel>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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                <ticker value="AVAV"/>
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      <invstOrSec>
        <name>CENTRUS ENERGY CORP</name>
        <lei>549300G6VDK9G8276661</lei>
        <title>Centrus Energy Corp</title>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
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            <dbtSecRefInstrument>
              <name>CENTRUS ENERGY CORP</name>
              <title>CENTRUS ENERGY CORP</title>
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                <isin value="US15643U1043"/>
                <ticker value="LEU"/>
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          <delta>XXXX</delta>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Caesars Entertainment Inc</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment Inc</title>
        <cusip>12769G100</cusip>
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          <isin value="US12769G1004"/>
          <ticker value="CZR"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23390.00000000</valUSD>
        <pctVal>0.028058980899</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912797PV3</cusip>
        <identifiers>
          <isin value="US912797PV33"/>
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        <balance>2150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2134052.61000000</valUSD>
        <pctVal>2.560040248944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-19</maturityDt>
          <couponKind>None</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>
        <name>Halliburton Co</name>
        <lei>ENYF8GB5SMQZ25S06U51</lei>
        <title>Halliburton Co</title>
        <cusip>406216101</cusip>
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          <isin value="US4062161017"/>
          <ticker value="HAL"/>
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        <balance>2500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>70650.00000000</valUSD>
        <pctVal>0.084752757612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PAGAYA TECHNOLOGIES LTD</name>
        <lei>N/A</lei>
        <title>Pagaya Technologies Ltd</title>
        <cusip>69549FAB5</cusip>
        <identifiers>
          <isin value="US69549FAB58"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>639065.00000000</valUSD>
        <pctVal>0.766631578821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>PAGAYA TECHNOLOGIES LTD</name>
              <title>PAGAYA TECHNOLOGIES LTD</title>
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                <cusip value="000000000"/>
                <isin value="IL0011858912"/>
                <ticker value="PGY"/>
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          <currencyInfos>
            <currencyInfo convRatio="71.46690000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wynn Resorts Ltd</name>
        <lei>254900CEKKWIHTEAB172</lei>
        <title>Wynn Resorts Ltd</title>
        <cusip>983134107</cusip>
        <identifiers>
          <isin value="US9831341071"/>
          <ticker value="WYNN"/>
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        <balance>100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12033.00000000</valUSD>
        <pctVal>0.014434960118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FOMENTO ECONOMICO MEX</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>Fomento Economico Mexicano SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2590764127"/>
          <other otherDesc="SEDOL" value="BN4DGV8"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>940097.69000000</valUSD>
        <pctVal>1.127754729692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>HEINEKEN HOLDING NV</name>
              <title>HEINEKEN HOLDING NV</title>
              <curCd>EUR</curCd>
              <identifiers>
                <cusip value="000000000"/>
                <isin value="NL0000008977"/>
                <ticker value="HEIO"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="1051.69280000" curCd="EUR"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LUMENTUM HOLDINGS INC</name>
        <lei>549300JLWRRC38DWEF52</lei>
        <title>Lumentum Holdings Inc</title>
        <cusip>55024UAJ8</cusip>
        <identifiers>
          <isin value="US55024UAJ88"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1499750.00000000</valUSD>
        <pctVal>1.799121701762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>LUMENTUM HOLDINGS INC</name>
              <title>LUMENTUM HOLDINGS INC</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="55024U109"/>
                <isin value="US55024U1097"/>
                <ticker value="LITE"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="5.32570000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Remy Cointreau SA</name>
        <lei>5493004V6A3Z027YT216</lei>
        <title>Remy Cointreau SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000130395"/>
          <ticker value="RCO"/>
          <other otherDesc="SEDOL" value="4741714"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>43059.33000000</valUSD>
        <pctVal>0.051654592476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-02-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Gabelli Convertible &amp; Income Securities Fund Inc</ncom:nameOfApplicant>
      <ncom:signature>John C. Ball</ncom:signature>
      <ncom:signerName>John C. Ball</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
