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        <name>Enova International Inc.</name>
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        <name>Murphy Oil Corporation</name>
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        <name>The Charles Schwab Corporation</name>
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        <name>Fair Isaac Corporation</name>
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        <name>Citadel Finance LLC</name>
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        <name>Insulet Corporation</name>
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        <name>Velocity Commercial Capital LLC</name>
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        <name>Carpenter Technology Corporation</name>
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        <name>Freedom Funding Century LLC</name>
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        <name>RIVERS ENTERPRISE BORROWER LLC</name>
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        <name>Sgus LLC</name>
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        <name>First Quantum Minerals Ltd.</name>
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        <name>Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance Inc.</name>
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        <name>Petroleos Mexicanos Sa De CV</name>
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        <name>Avantor Funding Inc</name>
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        <name>PRA Group Inc.</name>
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        <name>QVC, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AAR Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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        <name>Charles River Laboratories International, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dream Finders Homes Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
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      <invstOrSec>
        <name>Enerflex Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Southern California Edison Company</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ATLANTICUS HOLDINGS CORP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Viking Cruises, Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ardonagh Group Finco Pty Ltd</name>
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        <name>Enova International Inc.</name>
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        <name>SM Energy Co.</name>
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        <name>ARKO CORP</name>
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        <name>Crescent Midstream Operating, LLC</name>
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        <name>HOWDEN UK REFINANCE PLC</name>
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        <name>Cogent IPV4 LLC</name>
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        <title>CGNT 2025-1A A2</title>
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        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TDG 6.375 03/01/29 144A</title>
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        <name>Cimarex Energy Corporation</name>
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        <name>Burford Capital Global Finance LLC</name>
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        <name>Viking Cruises, Ltd.</name>
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        <name>The Bank of New York Mellon Corp.</name>
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        <name>Titan International, Inc.</name>
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        <name>Connect Finco SARL/Connect US Finco LLC</name>
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        <name>ZOOMINFO TECHNOLOGIES LLC / ZOOMINFO FINANCE CORP</name>
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        <name>Corporacion Nacional del Cobre de Chile</name>
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        <name>Freedom Mortgage Corporation</name>
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        <name>Centene Corp.</name>
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        <name>QVC, Inc.</name>
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        <name>FMG Resources (August 2006) Pty Ltd.</name>
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        <name>Embecta Corp.</name>
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        <name>Topbuild Corporation</name>
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        <name>TripAdvisor Inc</name>
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        <name>GoEasy Limited</name>
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        <name>Allegiant Travel Company</name>
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        <name>Herc Holdings Inc</name>
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        <name>Ecopetrol S.A.</name>
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        <name>Angi Group Llc</name>
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        <name>Burford Capital Global Finance LLC</name>
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        <name>Rocket Mortgage LLC</name>
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        <name>Centene Corp.</name>
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        <name>Amsted Industries Incorporated</name>
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        <name>FMC Corp.</name>
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        <name>Saturn Oil &amp; Gas Inc</name>
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        <name>Advanced Drainage System Inc</name>
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        <name>Connect US Finco LLC</name>
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        <name>Star Parent Inc.</name>
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        <name>PROVIDENT FUNDING ASSOCIATES LP / PFG FINANCE CORP</name>
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        <name>Southern California Edison Company</name>
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        <name>Infinity Natural Resources LLC</name>
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        <name>Qorvo Inc</name>
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        <name>PNC Financial Services Group Inc.</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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        <name>SM Energy Co.</name>
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        <name>The Gap Inc.</name>
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        <name>Boise Cascade Co</name>
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        <name>Sabre GLBL Inc.</name>
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        <name>Forestar Group Inc.</name>
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        <name>NCL Corporation Ltd.</name>
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        <name>Adams Homes Inc</name>
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        <name>Wesco Distribution, Inc.</name>
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        <name>Charles River Laboratories International, Inc.</name>
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        <name>Cogent Communications Group LLC / Cogent Finance Inc.</name>
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        <name>Ryan Specialty LLC</name>
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        <name>Yinson Bergenia Production BV</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-31</maturityDt>
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        <name>MILLROSE PROPERTIES INC</name>
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        <name>Acushnet Co</name>
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          <maturityDt>2033-12-01</maturityDt>
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        <name>Fair Isaac Corporation</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>FAIRIC 6 05/15/33 144A</title>
        <cusip>303250AG9</cusip>
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          <isin value="US303250AG98"/>
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        <balance>18525000.00000000</balance>
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        <valUSD>18188241.44000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Allwyn Entertainment Financing (UK) PLC</name>
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        <title>SAZKAG 7.875 04/30/29 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Iqvia Inc</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQV 5 10/15/26 144A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>JPMorgan Chase &amp; Co.</name>
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          <maturityDt>N/A</maturityDt>
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        <name>PERMIAN RESOURCES OPERATING LLC</name>
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        <title>PR 8 04/15/27 144A</title>
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        <name>Chord Energy Corp.</name>
        <lei>529900FA4V2YNIKZ0M71</lei>
        <title>CHRD 6 10/01/30 144A</title>
        <cusip>674215AQ1</cusip>
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        <name>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>OXY 6.2 03/15/40</title>
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        <name>Cerdia Finanz Gmbh</name>
        <lei>391200KURNDJSX9GX570</lei>
        <title>PLATIN 9.375 10/03/31 144A</title>
        <cusip>15679GAC6</cusip>
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        <invCountry>DE</invCountry>
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        <name>Genesis Energy LP &amp; Genesis Energy Finance Corp.</name>
        <lei>549300VJ5D6MDK138782</lei>
        <title>GEL 6.75 03/15/34</title>
        <cusip>37185LAS1</cusip>
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        <name>HOME BANCSHARES INC</name>
        <lei>N/A</lei>
        <title>HOMB V3.125 01/30/32</title>
        <cusip>436893AC5</cusip>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-01-30</maturityDt>
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        <name>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDIND 3.875 04/01/29 144A</title>
        <cusip>62482BAA0</cusip>
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        <balance>5094000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4930593.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <name>Cable One Inc</name>
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        <name>Coronado Finance Pty Limited</name>
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        <name>Travel Plus Leisure Co</name>
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        <name>Long Ridge Energy LLC</name>
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        <name>MILLROSE PROPERTIES INC</name>
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        <name>Installed Building Products Inc</name>
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        <name>Macys Retail Holdings LLC</name>
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        <name>DBR Land Holdings LLC</name>
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        <name>Kodiak Gas Services LLC</name>
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        <name>Burford Capital Global Finance LLC</name>
        <lei>549300JVAOO67CSCH406</lei>
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        <name>United Wholesale Mortgage LLC</name>
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        <name>American Express Company</name>
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        <name>SM Energy Co.</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM 6.625 04/15/34 144A</title>
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        <valUSD>4755349.06000000</valUSD>
        <pctVal>0.151736309400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mativ Holdings Inc</name>
        <lei>549300Z1FU4IDULG1R21</lei>
        <title>MATV 8 10/01/29 144A</title>
        <cusip>808541AC0</cusip>
        <identifiers>
          <isin value="US808541AC08"/>
        </identifiers>
        <balance>33305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31061295.44000000</valUSD>
        <pctVal>0.991121004114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amkor Technology, Inc.</name>
        <lei>529900VHLRTKPWZJBM84</lei>
        <title>AMKR 5.875 10/01/33 144A</title>
        <cusip>031652BL3</cusip>
        <identifiers>
          <isin value="US031652BL34"/>
        </identifiers>
        <balance>18850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18796445.27000000</valUSD>
        <pctVal>0.599767377563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mylan Inc</name>
        <lei>30ZMPDNA1RHIBH89C294</lei>
        <title>VTRS 5.2 04/15/48</title>
        <cusip>628530BJ5</cusip>
        <identifiers>
          <isin value="US628530BJ54"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316911.72000000</valUSD>
        <pctVal>0.010112194539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phinia Inc.</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>PHIN 6.625 10/15/32 144A</title>
        <cusip>71880KAB7</cusip>
        <identifiers>
          <isin value="US71880KAB70"/>
        </identifiers>
        <balance>7805000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7949751.53000000</valUSD>
        <pctVal>0.253665071184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mineral Resources Ltd.</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>MINAU 8 11/01/27 144A</title>
        <cusip>603051AC7</cusip>
        <identifiers>
          <isin value="US603051AC70"/>
        </identifiers>
        <balance>16304000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16526862.15000000</valUSD>
        <pctVal>0.527348263391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Block Inc</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>XYZ 6 08/15/33 144A</title>
        <cusip>852234AU7</cusip>
        <identifiers>
          <isin value="US852234AU71"/>
        </identifiers>
        <balance>24160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23785846.64000000</valUSD>
        <pctVal>0.758971957595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RHP Hotel Properties LP / RHP Finance Corporation</name>
        <lei>549300SJMSMA2471GA96</lei>
        <title>RHP 5.75 03/15/34 144A</title>
        <cusip>74984CAA6</cusip>
        <identifiers>
          <isin value="US74984CAA62"/>
        </identifiers>
        <balance>6850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6765359.35000000</valUSD>
        <pctVal>0.215872830066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iqvia Inc</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQV 5 05/15/27 144A</title>
        <cusip>46266TAA6</cusip>
        <identifiers>
          <isin value="US46266TAA60"/>
        </identifiers>
        <balance>8965000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8936351.45000000</valUSD>
        <pctVal>0.285146047413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CI Financial Corp</name>
        <lei>549300M9W7JJQSVCEM78</lei>
        <title>CIXCN 7.5 05/30/29 144A</title>
        <cusip>125491AT7</cusip>
        <identifiers>
          <isin value="US125491AT73"/>
        </identifiers>
        <balance>19634000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20614315.80000000</valUSD>
        <pctVal>0.657772996438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Legg Mason Partners Institutional Trust</name>
        <lei>549300FS1J68EF5THY28</lei>
        <title>Legg Mason Partners Institutional Trust US TRASURY PRM</title>
        <cusip>52470G478</cusip>
        <identifiers>
          <isin value="US52470G4780"/>
          <ticker value="WAEXX"/>
        </identifiers>
        <balance>233180603.46000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>233180603.46000000</valUSD>
        <pctVal>7.440455736553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS V3.875 PERP 144A</title>
        <cusip>902613AG3</cusip>
        <identifiers>
          <isin value="US902613AG32"/>
        </identifiers>
        <balance>5551000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5546317.18000000</valUSD>
        <pctVal>0.176974957892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magnolia Oil &amp; Gas Operating LLC / Magnolia Oil &amp; Gas Finance Corp</name>
        <lei>984500CG376B0B99F016</lei>
        <title>MGY 6.875 12/01/32 144A</title>
        <cusip>559665AB0</cusip>
        <identifiers>
          <isin value="US559665AB08"/>
        </identifiers>
        <balance>17163000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17673032.87000000</valUSD>
        <pctVal>0.563920913012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CREDIT ACCEPTANCE CORP</name>
        <lei>N/A</lei>
        <title>CACC 9.25 12/15/28</title>
        <cusip>225310AQ4</cusip>
        <identifiers>
          <isin value="US225310AQ40"/>
        </identifiers>
        <balance>46779000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48530125.09000000</valUSD>
        <pctVal>1.548526087777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Live Nation Entertainment, Inc.</name>
        <lei>5493007B9BM9ZXJINO78</lei>
        <title>LYV 6.5 05/15/27 144A</title>
        <cusip>538034AV1</cusip>
        <identifiers>
          <isin value="US538034AV10"/>
        </identifiers>
        <balance>32361000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32422550.62000000</valUSD>
        <pctVal>1.034556687711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Legg Mason Partners Investment Trust</ncom:nameOfApplicant>
      <ncom:signature>Christopher Berarducci</ncom:signature>
      <ncom:signerName>Christopher Berarducci</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
