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        <name>Owens Corning</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hilton Domestic Operating Co Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avis Budget Car Rental LLC / Avis Budget Finance Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Lamar Media Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Clarios Global LP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Kinetik Holdings LP</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rockies Express Pipeline LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rockies Express Pipeline LLC</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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        <name>NextEra Energy Operating Partners LP</name>
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        <title>XPLR INFRAST OP</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.75000000</annualizedRt>
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        <name>Nexstar Media Inc</name>
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        <title>NEXSTAR MDIA INC</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Asurion LLC</name>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-19</maturityDt>
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        <name>SS&amp;C Technologies Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Wynn Macau Ltd</name>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>OneMain Finance Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Midcontinent Communications</name>
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        <title>MIDCONTINENT COM</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WR Grace Holdings LLC</name>
        <lei>549300WNOVFRGYOAEB12</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <title>US TREASURY N/B</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Avantor Funding Inc</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>AVANTOR FUNDING</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHS/Community Health Systems Inc</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/COMMUNITY</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Post Holdings Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>AthenaHealth Group Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Big River Steel LLC / BRS Finance Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Sealed Air Corp/Sealed Air Corp US</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Brandywine Operating Partnership LP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
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        <name>Matador Resources Co</name>
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        <title>MATADOR RESOURC</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-15</maturityDt>
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        <name>Asbury Automotive Group Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MGM Resorts International</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rockies Express Pipeline LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>American Builders &amp; Contractors Supply Co Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Permian Resources Operating LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Asurion LLC/ Asurion Co-Issuer Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TerraForm Power Operating LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
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        <name>Q-Park Holding I BV</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>880565.98000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Advance Auto Parts Inc</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
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        <balance>530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>535592.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
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          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>First Student Bidco Inc / First Transit Parent Inc</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allison Transmission Inc</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>ALLISON TRANS</title>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80642.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>GENMAB A/S/GENMAB FINANCE LLC</name>
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        <title>GENMAB/GENMAB</title>
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          <isin value="US37230JAA07"/>
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        <balance>1910000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1958052.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>goeasy Ltd</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>GOEASY LTD</title>
        <cusip>380355AR8</cusip>
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          <isin value="US380355AR89"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>261712.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Level 3 Financing Inc</name>
        <lei>254900AE5FEFIJOXWL19</lei>
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        <balance>152407.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143311.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Standard Industries Inc/NY</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>STANDRD INDS NY</title>
        <cusip>853496AH0</cusip>
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        <balance>1415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1271365.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OI European Group BV</name>
        <lei>72450053F5WRDY8CDZ66</lei>
        <title>OI EUROPEAN GRP</title>
        <cusip>67777LAD5</cusip>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148582.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>US Foods Inc</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US FOODS INC</title>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145157.94000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rockies Express Pipeline LLC</name>
        <lei>W2ZGZGZKY5GGNY6F3V51</lei>
        <title>ROCKIES EXPRESS</title>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148562.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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      <invstOrSec>
        <name>Builders FirstSource Inc</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>BUILDERS FIRSTSO</title>
        <cusip>12008RAT4</cusip>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250146.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp</name>
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        <balance>420000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Entegris Inc</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTEGRIS INC</title>
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        <balance>1750000.00000000</balance>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.37500000</annualizedRt>
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        <name>CHS/Community Health Systems Inc</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/COMMUNITY</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Specialty Building Products Holdings LLC / SBP Finance Corp</name>
        <lei>N/A</lei>
        <title>SPECIALTY BUILD</title>
        <cusip>84749AAC1</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
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          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Belron UK Finance PLC</name>
        <lei>9845006BC9D1A77B8178</lei>
        <title>BELRON UK FINANC</title>
        <cusip>080782AA3</cusip>
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        <balance>2308000.00000000</balance>
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        <valUSD>2319847.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Service Corp International/US</name>
        <lei>549300RKVM2ME20JHZ15</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Odido Holding BV</name>
        <lei>7245000O9YOLPPM9YB33</lei>
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        <cusip>N/A</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GGAM Finance Ltd</name>
        <lei>254900X2QXEN0FVXRF65</lei>
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          <isin value="US36170JAC09"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kioxia Holdings Corp</name>
        <lei>35380080RTKRARNH4R73</lei>
        <title>KIOXIA HOLDINGS</title>
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          <isin value="US49726JAA60"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-24</maturityDt>
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      <invstOrSec>
        <name>LCM Investments Holdings II LLC</name>
        <lei>549300P5V78NNQTG4428</lei>
        <title>LCM INVESTMENTS</title>
        <cusip>50190EAA2</cusip>
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          <isin value="US50190EAA29"/>
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        <balance>535000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>521317.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
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          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Builders FirstSource Inc</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>BUILDERS FIRSTSO</title>
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          <isin value="US12008RAP29"/>
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        <balance>1175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1083624.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sunoco LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP</title>
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          <isin value="US86765KAM18"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1388681.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC</name>
        <lei>N/A</lei>
        <title>ARDAGH METAL PAC</title>
        <cusip>03969YAB4</cusip>
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          <isin value="US03969YAB48"/>
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        <balance>1905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1744172.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sirius XM Radio Inc</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>SIRIUS XM RADIO</title>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>507348.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Transocean International Ltd</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>TRANSOCEAN LTD</title>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>340081.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>MPT Operating Partnership LP / MPT Finance Corp</name>
        <lei>N/A</lei>
        <title>MPT OP PTNR/FINL</title>
        <cusip>55342UAJ3</cusip>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70110.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Freedom Mortgage Holdings LLC</name>
        <lei>254900ROJ91RGM43S156</lei>
        <title>FREE MTGE HOLD</title>
        <cusip>35641AAE8</cusip>
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        <balance>1515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1416318.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC</name>
        <lei>N/A</lei>
        <title>ARDAGH METAL PAC</title>
        <cusip>N/A</cusip>
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          <isin value="XS3239173027"/>
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        <balance>200000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-30</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clarios Global LP / Clarios US Finance Co</name>
        <lei>N/A</lei>
        <title>CLARIOS GLOBAL</title>
        <cusip>N/A</cusip>
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          <isin value="XS3091295801"/>
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        <balance>750000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SIX FLAGS/CANADA WON</name>
        <lei>N/A</lei>
        <title>SIX FLAGS ENTE</title>
        <cusip>150190AE6</cusip>
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        <balance>1300000.00000000</balance>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Shift4 Payments LLC / Shift4 Payments Finance Sub Inc</name>
        <lei>N/A</lei>
        <title>SHIFT4 PAYMENTS</title>
        <cusip>82453AAB3</cusip>
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        <balance>2947000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Versant Media Group Inc</name>
        <lei>254900D2Q5F5F229PU30</lei>
        <title>VERSANT MEDIA GR</title>
        <cusip>925283AA1</cusip>
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          <isin value="US925283AA12"/>
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        <balance>1430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1462710.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>US Foods Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lithia Motors Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Bausch + Lomb Corp</name>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Hudson Pacific Properties LP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Organon &amp; Co / Organon Foreign Debt Co-Issuer BV</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Lamb Weston Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WR Grace Holdings LLC</name>
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        <name>Jazz Securities DAC</name>
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        <name>McAfee Corp</name>
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        <name>Windsor Holdings III LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Caesars Entertainment Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oracle Corp</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.70000000</annualizedRt>
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      <invstOrSec>
        <name>Lamar Media Corp</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1971991.96000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
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        <balance>27900.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26271.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-30</maturityDt>
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          <annualizedRt>1.50000000</annualizedRt>
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      <invstOrSec>
        <name>Froneri US Inc</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="XAG3679YAM49"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-30</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Energizer Holdings Inc</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>ENERGIZER HLDGS</title>
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        <balance>715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>670192.46000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Avis Budget Car Rental LLC / Avis Budget Finance Inc</name>
        <lei>N/A</lei>
        <title>AVIS BUDGET CAR</title>
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        <curCd>USD</curCd>
        <valUSD>1080437.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>PARAMOUNT GLOB</title>
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        <curCd>USD</curCd>
        <valUSD>708250.87000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>XHR LP</name>
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        <title>XHR LP</title>
        <cusip>98372MAC9</cusip>
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        <curCd>USD</curCd>
        <valUSD>174414.46000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.87500000</annualizedRt>
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        <name>Clarios Global LP</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHS/Community Health Systems Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>AAdvantage Loyalty IP Ltd</name>
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        <title>AADVANTAGE LOYAL</title>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Level 3 Financing Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CSC Holdings LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HOLDINGS LLC</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PennyMac Financial Services Inc</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PENNYMAC FIN SVC</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>Carnival Corp</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CARNIVAL CORP</title>
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        <balance>685000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>South Bow Canadian Infrastructure Holdings Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FirstCash Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Virgin Media O2 Vendor Financing Notes VI DAC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CNX Resources Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CP Atlas Buyer Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Melco Resorts Finance Ltd</name>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Fortress Intermediate 3 Inc</name>
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        <title>FORTRESS INTERME</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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      <invstOrSec>
        <name>Cleveland-Cliffs Inc</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TerraForm Power Operating LLC</name>
        <lei>5493000S2OLR3UT5BE13</lei>
        <title>TERRAFORM POWER</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Tenet Healthcare Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>JH North America Holdings Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NCR Atleos Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Boots Group Finco LP</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CSC Holdings LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GOAT HOLDCO LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SM Energy Co</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NRG Energy Inc</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Gen Digital Inc</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>GEN DIGITAL INC</title>
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      <invstOrSec>
        <name>TKO Worldwide Holdings LLC</name>
        <lei>549300JEOTH7UMZ3C491</lei>
        <title>TKO WORLDWIDE HO</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-21</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>PARAMOUNT GLOB</title>
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        <balance>565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>391122.70000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC</title>
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          <isin value="US1248EPCE15"/>
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        <balance>4260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3975868.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IRB Holding Corp</name>
        <lei>549300HVW4WNWYBXN830</lei>
        <title>IRB HOLDING CORP</title>
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          <isin value="US44988LAM90"/>
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        <balance>1591668.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1586363.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.17810000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SM Energy Co</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM ENERGY CO</title>
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          <isin value="US78454LAZ31"/>
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        <balance>1290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1289303.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC</name>
        <lei>N/A</lei>
        <title>ARDAGH METAL PAC</title>
        <cusip>03969YAA6</cusip>
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          <isin value="US03969YAA64"/>
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        <balance>915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>869996.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Churchill Downs Inc</name>
        <lei>529900FODTBQC8MIS994</lei>
        <title>CHURCHILL DOWNS</title>
        <cusip>171484AE8</cusip>
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          <isin value="US171484AE81"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335622.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bath &amp; Body Works Inc</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>L BRANDS INC</title>
        <cusip>501797AQ7</cusip>
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        <balance>529000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>538724.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.69400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FirstCash Inc</name>
        <lei>549300V2X3UU7K0DG350</lei>
        <title>FIRSTCASH INC</title>
        <cusip>33767DAD7</cusip>
        <identifiers>
          <isin value="US33767DAD75"/>
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        <balance>475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>484909.17000000</valUSD>
        <pctVal>0.052483750445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Block Inc</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>BLOCK INC</title>
        <cusip>852234AN3</cusip>
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          <isin value="US852234AN39"/>
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        <balance>1310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1303910.10000000</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>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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      <invstOrSec>
        <name>goeasy Ltd</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>GOEASY LTD</title>
        <cusip>380355AJ6</cusip>
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        <balance>816000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>718248.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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      <invstOrSec>
        <name>MPT Operating Partnership LP / MPT Finance Corp</name>
        <lei>N/A</lei>
        <title>MPT OP PTNR/FINL</title>
        <cusip>55342UAM6</cusip>
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          <isin value="US55342UAM62"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>447772.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Virgin Media Secured Finance PLC</name>
        <lei>213800X3RLP4NOTPY579</lei>
        <title>VIRGIN MEDIA SEC</title>
        <cusip>92769XAR6</cusip>
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        <balance>1863000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Talen Energy Supply LLC</name>
        <lei>K5K33XN0PQAU1XF7NN66</lei>
        <title>TALEN ENERGY SUP</title>
        <cusip>87422VAM0</cusip>
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        <balance>645000.00000000</balance>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>DT Midstream Inc</name>
        <lei>N/A</lei>
        <title>DT MIDSTREAM</title>
        <cusip>23345MAA5</cusip>
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          <isin value="US23345MAA53"/>
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        <balance>1265000.00000000</balance>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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        <name>Carnival Corp</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CARNIVAL CORP</title>
        <cusip>143658BW1</cusip>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>176243.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <name>FMC Corp</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC CORP</title>
        <cusip>302491AX3</cusip>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>561926.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Transocean International Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Block Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Ball Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Service Properties Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Charles River Laboratories International Inc</name>
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        <name>First Quantum Minerals Ltd</name>
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        <name>Yum! Brands Inc</name>
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        <name>Performance Food Group Inc</name>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Acadia Healthcare Co Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rfna LP</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>Lamar Media Corp</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Viking Cruises Ltd</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>VIK CRUISES LTD</title>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150188.64000000</valUSD>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>Avis Budget Finance Plc</name>
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        <cusip>N/A</cusip>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-28</maturityDt>
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        <name>NextEra Energy Operating Partners LP</name>
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        <title>XPLR INFRAST OP</title>
        <cusip>65342QAM4</cusip>
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          <isin value="US65342QAM42"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Belo Corp</name>
        <lei>N/A</lei>
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        <cusip>080555AF2</cusip>
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        <balance>307000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>315916.58000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>United Rentals North America Inc</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>UNITED RENTAL NA</title>
        <cusip>911365BS2</cusip>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>584483.51000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-15</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>Vistra Operations Co LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>VISTRA OPERATION</title>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Champ Acquisition Corp</name>
        <lei>N/A</lei>
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        <cusip>15807XAA8</cusip>
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        <balance>160000.00000000</balance>
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        <valUSD>167633.61000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>8.37500000</annualizedRt>
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        <name>Carnival Corp</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
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        <invCountry>PA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Genesee &amp; Wyoming Inc</name>
        <lei>G617XSG94Z7G0RMW3L02</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Sunoco LP</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Studio City Finance Ltd</name>
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        <title>STUDIO CITY FIN</title>
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        <invCountry>VG</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</name>
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        <title>ALBERTSONS COS</title>
        <cusip>01309QAC2</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Fortescue Treasury Pty Ltd</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FORTESCUE TREASU</title>
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        <invCountry>AU</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-15</maturityDt>
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      <invstOrSec>
        <name>AAdvantage Loyalty IP Ltd</name>
        <lei>N/A</lei>
        <title>AADVANTAGE LOYAL</title>
        <cusip>02376CBS3</cusip>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TransDigm Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DaVita Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Clydesdale Acquisition Holdings Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Blue Racer Midstream LLC / Blue Racer Finance Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Viking Cruises Ltd</name>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SNF Group SACA</name>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
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        <name>Vistra Operations Co LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Outfront Media Capital LLC / Outfront Media Capital Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc</name>
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        <title>QUICKEN LOANS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Brandywine Operating Partnership LP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United Rentals North America Inc</name>
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        <title>UNITED RENTAL NA</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Freedom Mortgage Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WEX Inc</name>
        <lei>T9M5IGROL1TL1G5OV478</lei>
        <title>WEX INC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CRC Insurance Group LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Clearway Energy Operating LLC</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>CLEARWAY ENERGY</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Boyd Gaming Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Sunoco LP</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Wayfair LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Betclic Everest Group SAS</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Silgan Holdings Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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          <isin value="DE000F2Y2EZ8"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Goodyear Tire &amp; Rubber Co/The</name>
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        <title>GOODYEAR TIRE</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Ardonagh Group Finance Ltd</name>
        <lei>254900SRT1BTAJ76NW62</lei>
        <title>ARDONAGH GROUP</title>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cloud Software Group Inc</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>CLD SFTWR GRP IN</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHS/Community Health Systems Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PennyMac Financial Services Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rocket Cos Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Starwood Property Trust Inc</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDLINE BORROWER</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Outfront Media Capital LLC / Outfront Media Capital Corp</name>
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        <title>OUTFRONT MEDIA C</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sedgwick Claims Management Services Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Specialty Building Products Holdings LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Flutter Treasury DAC</name>
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        <curCd>USD</curCd>
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        <invCountry>IE</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Moog Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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      <invstOrSec>
        <name>JetBlue Airways Corp / JetBlue Loyalty LP</name>
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        <curCd>USD</curCd>
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        <invCountry>N/A</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-20</maturityDt>
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      <invstOrSec>
        <name>Teleflex Inc</name>
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        <curCd>USD</curCd>
        <valUSD>69347.19000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Ryan Specialty LLC</name>
        <lei>549300K52N7QBO3PYY45</lei>
        <title>RYAN SPECIALTY</title>
        <cusip>78351GAA3</cusip>
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        <balance>735000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Credit Acceptance Corp</name>
        <lei>N/A</lei>
        <title>CREDIT ACCEPTANC</title>
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        <balance>1073000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1115767.45000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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        <name>Rocket Cos Inc</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>OneMain Finance Corp</name>
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        <title>ONEMAIN FINANCE</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
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          <annualizedRt>7.12500000</annualizedRt>
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        <name>Sealed Air Corp</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>SEALED AIR CORP</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Gray Television Inc</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>GRAY MEDIA</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Teva Pharmaceutical Finance Netherlands IV BV</name>
        <lei>549300GKSD1RG56QRY33</lei>
        <title>TEVA PHARMACEUCI</title>
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        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Alumina Ltd</name>
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        <title>ALUMINA PTY LTD</title>
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        <invCountry>AU</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Iliad Holding SAS</name>
        <lei>9695009BGMXB527HV965</lei>
        <title>ILIAD HLDG SAS</title>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>EMRLD Borrower LP / Emerald Co-Issuer Inc</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>American Axle &amp; Manufacturing Inc</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
        <title>AMER AXLE &amp; MFG</title>
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        <name>SM Energy Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NOVA Chemicals Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Genesis Energy LP / Genesis Energy Finance Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Altice France Lux 3 / Altice Holdings 1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United Airlines Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rocket Cos Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Paramount Global</name>
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        <title>VIACOMCBS INC</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SNF Group SACA</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Clydesdale Acquisition Holdings Inc</name>
        <lei>254900QKSDYFR3K5YD98</lei>
        <title>CLYDESDALE ACQUI</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Paramount Global</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Newell Brands Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SBA Communications Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cloud Software Group Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Match Group Holdings II LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NOVA Chemicals Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Panther Escrow Issuer LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Light &amp; Wonder International Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sunoco LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Churchill Downs Inc</name>
        <lei>529900FODTBQC8MIS994</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RHP Hotel Properties LP / RHP Finance Corp</name>
        <lei>N/A</lei>
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        <cusip>749571AK1</cusip>
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          <isin value="US749571AK15"/>
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        <curCd>USD</curCd>
        <valUSD>320823.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Melco Resorts Finance Ltd</name>
        <lei>5493000FQDBWKDBZEF60</lei>
        <title>MELCO RESORTS</title>
        <cusip>58547DAD1</cusip>
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          <isin value="US58547DAD12"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52773.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-04</maturityDt>
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      <invstOrSec>
        <name>Match Group Holdings II LLC</name>
        <lei>5493003RFFE030RC9167</lei>
        <title>MATCH GROUP II</title>
        <cusip>57665RAL0</cusip>
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        <balance>339000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>314750.34000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
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      <invstOrSec>
        <name>Graphic Packaging International LLC</name>
        <lei>SO75N4VY5NXGQSK8YQ65</lei>
        <title>GRAPHIC PACKAGIN</title>
        <cusip>38869AAD9</cusip>
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          <isin value="US38869AAD90"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>583971.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>KB Home</name>
        <lei>549300LGUCWQURMWLG09</lei>
        <title>KB HOME</title>
        <cusip>48666KAZ2</cusip>
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          <isin value="US48666KAZ21"/>
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        <balance>1225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1131025.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHS/Community Health Systems Inc</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/COMMUNITY</title>
        <cusip>12543DBM1</cusip>
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          <isin value="US12543DBM11"/>
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        <balance>755000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>711397.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iron Mountain Inc</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN</title>
        <cusip>46284VAF8</cusip>
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          <isin value="US46284VAF85"/>
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        <balance>2009000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1955235.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>First Quantum Minerals Ltd</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM</title>
        <cusip>335934AX3</cusip>
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          <isin value="US335934AX36"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127158.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Clear Channel Outdoor Holdings Inc</name>
        <lei>N/A</lei>
        <title>CLEAR CHANNEL OU</title>
        <cusip>18453HAH9</cusip>
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          <isin value="US18453HAH93"/>
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        <balance>935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>990416.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>BWX Technologies Inc</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX TECHNOLOGIES</title>
        <cusip>05605HAC4</cusip>
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          <isin value="US05605HAC43"/>
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        <balance>1324000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1274395.95000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Telecom Italia Capital SA</name>
        <lei>549300777DJZOR5C4L39</lei>
        <title>TELECOM IT CAP</title>
        <cusip>87927VAR9</cusip>
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        <balance>501000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>541036.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.20000000</annualizedRt>
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        <name>Froneri Lux FinCo SARL</name>
        <lei>9845005YBZ75E5AA3B94</lei>
        <title>FRONERI LUX FINC</title>
        <cusip>35901MAA5</cusip>
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          <isin value="US35901MAA53"/>
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        <balance>2550000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Qnity Electronics Inc</name>
        <lei>254900RSUG4J9TFFZX53</lei>
        <title>QNITY ELECTRONIC</title>
        <cusip>74743LAB6</cusip>
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        <balance>820000.00000000</balance>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rossini Sarl</name>
        <lei>549300EC5JCCW6F83R11</lei>
        <title>ROSSINI SARL</title>
        <cusip>N/A</cusip>
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        <balance>800000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>Sunoco LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>SUNOCO LP</title>
        <cusip>86765KAE9</cusip>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>382152.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2079-12-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>Boots Group Finco LP</name>
        <lei>254900YVLYOVF1PF1N93</lei>
        <title>BOOTS GROUP FINC</title>
        <cusip>09947PAB7</cusip>
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        <balance>394012.50000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Asbury Automotive Group Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Genesis Energy LP / Genesis Energy Finance Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>United Wholesale Mortgage LLC</name>
        <lei>549300HW662MN1WU8550</lei>
        <title>UNITED WHOLESALE</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avient Corp</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
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          <annualizedRt>7.12500000</annualizedRt>
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      <invstOrSec>
        <name>Entegris Inc</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTEGRIS INC</title>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>OneMain Finance Corp</name>
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        <title>ONEMAIN FINANCE</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>TopBuild Corp</name>
        <lei>5493007YSKHOL4RWII46</lei>
        <title>TOPBUILD CORP</title>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57102.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Novelis Corp</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>NOVELIS CORP</title>
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        <balance>1054000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>938012.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
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        <balance>10600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10262.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>NRG Energy Inc</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC</title>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>614334.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ardagh Group SA</name>
        <lei>6354006L1NWUUOPYX274</lei>
        <title>ARDAGH GROUP SA</title>
        <cusip>039959AA9</cusip>
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        <balance>730849.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>763973.04000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>Genesis Energy LP / Genesis Energy Finance Corp</name>
        <lei>N/A</lei>
        <title>GENESIS ENERGY</title>
        <cusip>37185LAS1</cusip>
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          <isin value="US37185LAS16"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>Navient Corp</name>
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        <title>NAVIENT CORP</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Avis Budget Car Rental LLC / Avis Budget Finance Inc</name>
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        <title>AVIS BUDGET CAR</title>
        <cusip>053773BH9</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rivers Enterprise Borrower LLC</name>
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        <title>RIVERS ENT BOR</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC</title>
        <cusip>893647CA3</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>South Bow Canadian Infrastructure Holdings Ltd</name>
        <lei>2549004FYUSYLPBT1G26</lei>
        <title>SOUTH BOW CANADI</title>
        <cusip>836720AG7</cusip>
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        <balance>235000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-01</maturityDt>
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          <annualizedRt>7.62500000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>First Student Bidco Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Newell Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Avantor Funding Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AMC Networks Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Prestige Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Charles River Laboratories International Inc</name>
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        <name>Venture Global Calcasieu Pass LLC</name>
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        <name>Bombardier Inc</name>
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        <name>Fibercop SpA</name>
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        <name>Hudson Pacific Properties LP</name>
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        <name>Nissan Motor Co Ltd</name>
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        <name>Weatherford International Ltd</name>
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        <name>Avis Budget Car Rental LLC / Avis Budget Finance Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Wyndham Hotels &amp; Resorts Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Iliad Holding SAS</name>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Navient Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Hudbay Minerals Inc</name>
        <lei>894500LX3TMESP27BE29</lei>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Bread Financial Holdings Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</maturityDt>
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      <invstOrSec>
        <name>Navient Corp</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-25</maturityDt>
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          <annualizedRt>9.37500000</annualizedRt>
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        <name>WESCO Distribution Inc</name>
        <lei>549300I2CEZJG9N4AH67</lei>
        <title>WESCO DISTRIBUT</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>VENTURE GLOBAL PLAQUE</name>
        <lei>N/A</lei>
        <title>VENTURE GLOBAL</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Focus Financial Partners LLC</name>
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        <title>FOCUS FINANCIAL</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Newell Brands Inc</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>NEWELL BRANDS I</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Quikrete Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Standard Building Solutions Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lamar Media Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United Airlines Holdings Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EXCELERATE ENERGY LP</name>
        <lei>N/A</lei>
        <title>EXCELERATE ENERG</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Talen Energy Supply LLC</name>
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          <isin value="US87422VAN82"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chemours Co/The</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Iron Mountain Inc</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN</title>
        <cusip>46284VAN1</cusip>
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          <isin value="US46284VAN10"/>
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        <balance>453000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>425923.72000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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      <invstOrSec>
        <name>Lorca Telecom Bondco SA</name>
        <lei>9598004HFBAS82YM7X35</lei>
        <title>LORCA TELECOM</title>
        <cusip>N/A</cusip>
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          <isin value="XS2240463757"/>
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        <invCountry>ES</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-18</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Esab Corp</name>
        <lei>549300ZNV0SWBXEIWT04</lei>
        <title>ESAB CORP</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Antero Midstream Partners LP / Antero Midstream Finance Corp</name>
        <lei>N/A</lei>
        <title>ANTERO MIDSTREAM</title>
        <cusip>03690AAH9</cusip>
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          <isin value="US03690AAH95"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373805.87000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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      <invstOrSec>
        <name>Asurion LLC/ Asurion Co-Issuer Inc</name>
        <lei>N/A</lei>
        <title>ASURION LLC/CO</title>
        <cusip>045941AA9</cusip>
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          <isin value="US045941AA96"/>
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        <balance>2455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2548750.21000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-31</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sunoco LP / Sunoco Finance Corp</name>
        <lei>N/A</lei>
        <title>SUNOCO LP/FIN</title>
        <cusip>86765LAZ0</cusip>
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        <curCd>USD</curCd>
        <valUSD>1112152.19000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-30</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Clear Channel Outdoor Holdings Inc</name>
        <lei>N/A</lei>
        <title>CLEAR CHANNEL OU</title>
        <cusip>18453HAG1</cusip>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1886592.42000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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          <annualizedRt>7.12500000</annualizedRt>
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        <name>WESCO Distribution Inc</name>
        <lei>549300I2CEZJG9N4AH67</lei>
        <title>WESCO DISTRIBUT</title>
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        <balance>510000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Open Text Corp</name>
        <lei>549300HP7ONDQODZJV16</lei>
        <title>OPEN TEXT CORP</title>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LCM Investments Holdings II LLC</name>
        <lei>549300P5V78NNQTG4428</lei>
        <title>LCM INVESTMENTS</title>
        <cusip>50190EAC8</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Brandywine Operating Partnership LP</name>
        <lei>IXBXSCONLDQ1ZI73YU71</lei>
        <title>BRANDYWINE OPER</title>
        <cusip>105340AQ6</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Navient Corp</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP</title>
        <cusip>63938CAQ1</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FMC Corp</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC CORP</title>
        <cusip>302491AU9</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cleveland-Cliffs Inc</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS</title>
        <cusip>18589GAA3</cusip>
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        <balance>300000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-15</maturityDt>
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          <annualizedRt>7.62500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gates Corp/DE</name>
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        <name>JetBlue Airways Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransDigm Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Telecom Italia Capital SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Carnival Corp</name>
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        <name>Chord Energy Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sunrise FinCo I BV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aramark Services Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CVS Health Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Quikrete Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Banijay Entertainment SAS</name>
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        <name>Tempur Sealy International Inc</name>
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        <name>First Student Bidco Inc</name>
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        <name>American Airlines Inc</name>
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        <name>Bertrand Franchise Finance SAS</name>
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        <name>Hopper Merger Sub Inc</name>
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        <name>Buckeye Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Coherent Corp</name>
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        <name>goeasy Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Vanguard Cmt Funds-Vanguard Market Liquidity Fund</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>OneMain Finance Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WR Grace Holdings LLC</name>
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        <name>Reworld Holding Corp</name>
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        <name>Advanced Drainage Systems Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MIWD Holdco II LLC / MIWD Finance Corp</name>
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        <name>Block Inc</name>
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        <name>United States Treasury Note/Bond</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Herc Holdings Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Navient Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VENTURE GLOBAL PLAQUE</name>
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          <isin value="US922966AC03"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tenet Healthcare Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DT Midstream Inc</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Acrisure LLC / Acrisure Finance Inc</name>
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          <isin value="US00489LAF04"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>Owens-Brockway Glass Container Inc</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
        <title>OWENS-BROCKWAY</title>
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          <isin value="US69073TAT07"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wayfair LLC</name>
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        <title>WAYFAIR LLC</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Celanese US Holdings LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CELANESE US HLDS</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Sunoco LP / Sunoco Finance Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Crescent Energy Finance LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>CRESCENT ENRGY</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Radiology Partners Inc</name>
        <lei>549300SFTAG2177WUZ08</lei>
        <title>RADIOLOGY PARTNE</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>RHP Hotel Properties LP / RHP Finance Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Acrisure LLC / Acrisure Finance Inc</name>
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        <title>ACRISURE LLC</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>EF Holdco / EF Cayman Hold / Ellington Fin REIT Cayman/TRS / EF Cayman Non-MTM</name>
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        <title>EF/ELLINGTON 5</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP</title>
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        <curCd>USD</curCd>
        <valUSD>2161235.66000000</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>2055-03-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bath &amp; Body Works Inc</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
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          <isin value="US501797AW48"/>
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        <balance>480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>484320.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
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          <isin value="US91282CNU17"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1792476.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>SM Energy Co</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM ENERGY CO</title>
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          <isin value="US17888HAB96"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>449809.02000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>Nationstar Mortgage Holdings Inc</name>
        <lei>N/A</lei>
        <title>NATIONSTAR MTG</title>
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          <isin value="US63861CAF68"/>
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        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>328863.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC</title>
        <cusip>1248EPCK7</cusip>
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          <isin value="US1248EPCK74"/>
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        <balance>4185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3807384.02000000</valUSD>
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        <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>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Celanese US Holdings LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CELANESE US HLDS</title>
        <cusip>15089QBC7</cusip>
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          <isin value="US15089QBC78"/>
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        <balance>1175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1205663.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US Foods Inc</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US FOODS INC</title>
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          <isin value="US90290MAG69"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71713.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>TEVA PHARMACEUCI</title>
        <cusip>88167AAE1</cusip>
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          <isin value="US88167AAE10"/>
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        <balance>888000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>879177.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Qnity Electronics Inc</name>
        <lei>254900RSUG4J9TFFZX53</lei>
        <title>QNITY ELECTRONIC</title>
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        <curCd>USD</curCd>
        <valUSD>2431026.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>GOAT HOLDCO LLC</name>
        <lei>N/A</lei>
        <title>GOAT HOLDCO LLC</title>
        <cusip>38021MAA4</cusip>
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        <curCd>USD</curCd>
        <valUSD>2189431.66000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <name>Beach Acquisition Bidco LLC</name>
        <lei>254900F2FNX3GBTB6202</lei>
        <title>BEACH ACQUISITIO</title>
        <cusip>07337JAE7</cusip>
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          <isin value="XS3109433477"/>
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        <balance>650000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Discovery Global Holdings Inc</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>DISCOVERY HLDG</title>
        <cusip>55903VBW2</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.05000000</annualizedRt>
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        <name>Entegris Inc</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTEGRIS ESCROW</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>ICE: (CDX.NA.HY.46.V1)</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>UKG Inc</name>
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        <name>Builders FirstSource Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Versant Media Group Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Graphic Packaging International LLC</name>
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        <name>Paramount Global</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bombardier Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tenet Healthcare Corp</name>
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        <name>Commercial Metals Co</name>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Odido Group Holding BV</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CNX Resources Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Directv Financing LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Bombardier Inc</name>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chobani LLC</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Celanese US Holdings LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>CELANESE US HLDS</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Post Holdings Inc</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Ascent Resources Utica Holdings LLC / ARU Finance Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Commercial Metals Co</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Endo Finance Holdings LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Froneri Lux FinCo SARL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransDigm Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Navient Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Novelis Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARC Falcon I Inc / Arclin USA LLC / New Arclin US Holding Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SV RNO Property Owner 1 LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Raven Acquisition Holdings LLC</name>
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        <curCd>USD</curCd>
        <valUSD>334393.48000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Olympus Water US Holding Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Vail Resorts Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NextEra Energy Operating Partners LP</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Six Flags Entertainment Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Garrett Motion Holdings Inc / Garrett LX I Sarl</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Permian Resources Operating LLC</name>
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        <title>EARTHSTONE NRGY</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Century Communities Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Credit Acceptance Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Lithia Motors Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Airlines Inc/AAdvantage Loyalty IP Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Bertrand Franchise Finance SAS</name>
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        <title>BERTRAND FRANCH</title>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TK Elevator US Newco Inc</name>
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        <title>VERTICAL US NEWC</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Freedom Mortgage Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>GGAM Finance Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Gray Television Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gen Digital Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Caesars Entertainment Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Qnity Electronics Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OAK-Eagle Acquireco Inc</name>
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        <name>Newell Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CSC Holdings LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Acadia Healthcare Co Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL PLAQUE</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Rocket Software Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc</name>
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        <name>Enpro Inc</name>
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        <name>Post Holdings Inc</name>
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        <name>Wynn Macau Ltd</name>
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        <name>NOVA Chemicals Corp</name>
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        <name>Air Canada</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Brown Group Holding LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Grifols SA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Edison International</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dayforce Bidco LLC</name>
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        <name>Paramount Global</name>
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        <name>Lamb Weston Holdings Inc</name>
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        <name>Axalta Coating Systems LLC</name>
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        <name>Ontario Gaming GTA LP/OTG Co-Issuer Inc</name>
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        <name>NCL Corp Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Graham Packaging Co Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Transocean International Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ardagh Group SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mueller Water Products Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Univision Communications Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Olympus Water US Holding Corp</name>
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        <name>Permian Resources Operating LLC</name>
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        <name>Wynn Resorts Finance LLC / Wynn Resorts Capital Corp</name>
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        <name>Performance Food Group Inc</name>
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        <name>Cloud Software Group Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Star Parent Inc</name>
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        <name>Fair Isaac Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Altice France SA</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Organon &amp; Co / Organon Foreign Debt Co-Issuer BV</name>
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        <name>Hilton Domestic Operating Co Inc</name>
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        <name>Churchill Downs Inc</name>
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        <name>HUB International Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Organon &amp; Co / Organon Foreign Debt Co-Issuer BV</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TransDigm Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Wynn Resorts Finance LLC / Wynn Resorts Capital Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>USA Compression Partners LP / USA Compression Finance Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Brandywine Operating Partnership LP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Olympus Water US Holding Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Brandywine Operating Partnership LP</name>
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        <title>BRANDYWINE OPER</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Paramount Global</name>
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        <title>PARAMOUNT GLOB</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Asbury Automotive Group Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Genesis Energy LP / Genesis Energy Finance Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHS/Community Health Systems Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Pattern Energy Operations LP / Pattern Energy Operations Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Intesa Sanpaolo SpA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>INTESA SANPAOLO</title>
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        <invCountry>IT</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Discovery Global Holdings Inc</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>DISCOVERY HLDG</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Acadia Healthcare Co Inc</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>ACADIA HEALTH</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
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        <name>WESCO Distribution Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CP Atlas Buyer Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Clean Harbors Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Nissan Motor Acceptance Co LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cleveland-Cliffs Inc</name>
        <lei>549300TM2WLI2BJMDD86</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cotiviti Inc</name>
        <lei>254900YAQHVRTG4IFI64</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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        <name>Diamond Foreign Asset Co / Diamond Finance LLC</name>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
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          <annualizedRt>8.50000000</annualizedRt>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
        <cusip>91282CEM9</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Sunoco LP / Sunoco Finance Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Directv Financing LLC / Directv Financing Co-Obligor Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cloud Software Group Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Hilton Domestic Operating Co Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Constellium SE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Belron Finance 2019 LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Garda World Security Corp</name>
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        <title>GARDA SECURITY</title>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TreeHouse Foods Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Transocean International Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ovintiv Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Builders FirstSource Inc</name>
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        <name>Axalta Coating Systems Dutch Holding B BV</name>
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        <name>United States Treasury Note/Bond</name>
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        <name>B&amp;G Foods Inc</name>
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        <name>NCL Finance Ltd</name>
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        <name>Prestige Brands Inc</name>
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        <title>PRESTIGE BRANDS</title>
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        <name>Constellium SE</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Newell Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Newell Brands Inc</name>
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        <name>Go Daddy Operating Co LLC / GD Finance Co Inc</name>
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        <name>Lithia Motors Inc</name>
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        <name>Altice France SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Victra Holdings LLC / Victra Finance Corp</name>
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      <invstOrSec>
        <name>Belo Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>TEVA PHARMACEUCI</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>TEVA PHARMACEUTI</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Herc Holdings Inc</name>
        <lei>549300TP80QLITMSBP82</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Whirlpool Corp</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>Chord Energy Corp</name>
        <lei>529900FA4V2YNIKZ0M71</lei>
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        <curCd>USD</curCd>
        <valUSD>414352.16000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Tronox Inc</name>
        <lei>549300EPZ4YXC7E5P181</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Carnival Corp</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
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        <invCountry>PA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC</name>
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        <title>HOWDEN UK REF</title>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PennyMac Financial Services Inc</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PENNYMAC FIN SVC</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Medline Borrower LP/Medline Co-Issuer Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Scripps Escrow II Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Vmed O2 UK Financing I PLC</name>
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        <title>VMED O2 UK FIN</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Tenet Healthcare Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CompoSecure Holdings LLC</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>OAK-Eagle Acquireco Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WESCO Distribution Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Beach Acquisition Bidco LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Yum! Brands Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Goodyear Tire &amp; Rubber Co/The</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Venture Global Calcasieu Pass LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Asbury Automotive Group Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Yum! Brands Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Discovery Communications LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SM Energy Co</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Noble Finance II LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NCL Corp Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
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        <name>Magnera Corp</name>
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        <name>Permian Resources Operating LLC</name>
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        <name>Nexstar Media Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AmeriGas Partners LP / AmeriGas Finance Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Cipher Compute LLC</name>
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        <name>Icon Investments Six DAC</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cleveland-Cliffs Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Univision Communications Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Amentum Holdings Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Service Properties Trust</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Iliad Holding SAS</name>
        <lei>9695009BGMXB527HV965</lei>
        <title>ILIAD HLDG SAS</title>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rossini Sarl</name>
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        <title>ROSSINI SARL</title>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Opal US LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CSC Holdings LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Bath &amp; Body Works Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NRG Energy Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Constellium SE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Alcoa Nederland Holding BV</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Imola Merger Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RHP Hotel Properties LP / RHP Finance Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Open Text Holdings Inc</name>
        <lei>N/A</lei>
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          <isin value="US683720AA42"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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      <invstOrSec>
        <name>US Foods Inc</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US FOODS INC</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IQVIA Inc</name>
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        <title>IQVIA INC</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SBA Communications Corp</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA COMMUNICATIO</title>
        <cusip>78410GAG9</cusip>
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          <isin value="US78410GAG91"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Telecom Italia Capital SA</name>
        <lei>549300777DJZOR5C4L39</lei>
        <title>TELECOM IT CAP</title>
        <cusip>87927VAM0</cusip>
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          <isin value="US87927VAM00"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-30</maturityDt>
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      <invstOrSec>
        <name>Bertrand Franchise Finance SAS</name>
        <lei>969500HGPPEHSTNJFW57</lei>
        <title>BERTRAND FRANCH</title>
        <cusip>N/A</cusip>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Vmed O2 UK Financing I PLC</name>
        <lei>213800MRR46ECNGZ7L69</lei>
        <title>VMED O2 UK FIN</title>
        <cusip>92858RAA8</cusip>
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          <isin value="US92858RAA86"/>
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        <balance>2245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1926236.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-31</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Adient Global Holdings Ltd</name>
        <lei>213800VA38VCKE6M8790</lei>
        <title>ADIENT GLOBAL HO</title>
        <cusip>00687YAD7</cusip>
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        <balance>660000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp</name>
        <lei>N/A</lei>
        <title>TALLGRASS NRG</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>HESS MIDSTREAM</title>
        <cusip>428102AG2</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Goodyear Tire &amp; Rubber Co/The</name>
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        <title>GOODYEAR TIRE</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Univision Communications Inc</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>UNIVISION COMM</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Forvia SE</name>
        <lei>969500F0VMZLK2IULV85</lei>
        <title>FORVIA SE</title>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Fortress Intermediate 3 Inc</name>
        <lei>254900NLAZ3JQJW5JP75</lei>
        <title>FORTRESS INTERME</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Taylor Morrison Communities Inc</name>
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      <invstOrSec>
        <name>Fair Isaac Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MGM China Holdings Ltd</name>
        <lei>529900VZFN87OS7WJM66</lei>
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          <isin value="US55300RAJ05"/>
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        <curCd>USD</curCd>
        <valUSD>429404.02000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WESCO Distribution Inc</name>
        <lei>549300I2CEZJG9N4AH67</lei>
        <title>WESCO DISTRIBUT</title>
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          <isin value="US95081QAS30"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-15</maturityDt>
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      <invstOrSec>
        <name>GFL Environmental Holdings US Inc</name>
        <lei>N/A</lei>
        <title>GFL ENVIRON HOL</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Rogers Communications Inc</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>ROGERS COMMUNIC</title>
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          <isin value="US775109DG30"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Clarios Global LP / Clarios US Finance Co</name>
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        <curCd>USD</curCd>
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        <invCountry>N/A</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VZ Secured Financing BV</name>
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        <invCountry>NL</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Telecom Italia Capital SA</name>
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        <title>TELECOM IT CAP</title>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Standard Industries Inc/NY</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL PLAQUE</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Amentum Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
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        <fairValLevel>2</fairValLevel>
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        <name>California Resources Corp</name>
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        <title>CALIFORNIA RESOU</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Beach Acquisition Bidco LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Hyperion Refinance Sarl</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MGM Resorts International</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Century Communities Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Gryphon Acquire NewCo LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ADT Security Corp/The</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Clean Harbors Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Garda World Security Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>OAK-Eagle Acquireco Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Victoria's Secret &amp; Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Graphic Packaging International LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>goeasy Ltd</name>
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        <title>GOEASY LTD</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Ball Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cyprium Corp / Cyprium Holdings Luxembourg Sarl</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TopBuild Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Medline Borrower LP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Tenet Healthcare Corp</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Discovery Global Holdings Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Grifols SA</name>
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        <invCountry>ES</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Bath &amp; Body Works Inc</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rocket Software Inc</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-28</maturityDt>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US TREASURY N/B</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-31</maturityDt>
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        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Clear Channel Outdoor Holdings Inc</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Post Holdings Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WR Grace Holdings LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TransDigm Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Constellium SE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Crown Americas LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SM Energy Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NOVA Chemicals Corp</name>
        <lei>549300ZOD6N7RI2FJP09</lei>
        <title>NOVA CHEMICALS</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Performance Food Group Inc</name>
        <lei>549300OMUOGBYK0FFO76</lei>
        <title>PERFORMANCE FOOD</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Clean Harbors Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>1261229 BC LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TK Elevator Midco GmbH</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Nissan Motor Co Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Bath &amp; Body Works Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>First Quantum Minerals Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Valaris Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Buckeye Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Note/Bond</name>
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        <name>Olympus Water US Holding Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Owens-Brockway Glass Container Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>IQVIA Inc</name>
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        <name>Buckeye Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PennyMac Financial Services Inc</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PENNYMAC FIN SVC</title>
        <cusip>70932MAE7</cusip>
        <identifiers>
          <isin value="US70932MAE75"/>
        </identifiers>
        <balance>1015000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1012768.31000000</valUSD>
        <pctVal>0.109616156033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</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>Central Parent Inc / CDK Global Inc</name>
        <lei>N/A</lei>
        <title>CENTRAL PAR/CDK</title>
        <cusip>15477CAA3</cusip>
        <identifiers>
          <isin value="US15477CAA36"/>
        </identifiers>
        <balance>310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>222259.47000000</valUSD>
        <pctVal>0.024056073341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</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>Standard Industries Inc/NY</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>STANDRD INDS NY</title>
        <cusip>853496AG2</cusip>
        <identifiers>
          <isin value="US853496AG21"/>
        </identifiers>
        <balance>1900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1793881.79000000</valUSD>
        <pctVal>0.194159339561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-05-28</ncom:dateSigned>
      <ncom:nameOfApplicant>VANGUARD VARIABLE INSURANCE FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Ashley Grim</ncom:signature>
      <ncom:signerName>Ashley Grim</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
