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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="northeast_PyxusHoldingsInc8125123127Member_lbl" xml:lang="en-US">Pyxus Holdco, Inc. 8.5%, 12/31/27</link:label>
      <link:loc xlink:type="locator" xlink:href="northeast-20260331.xsd#northeast_TidewaterInc912571530Member" xlink:label="northeast_TidewaterInc912571530Member" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="northeast_TidewaterInc912571530Member_lbl" xml:lang="en-US">Tidewater, Inc., 9.125%, 7/15/30</link:label>
      <link:loc xlink:type="locator" xlink:href="northeast-20260331.xsd#northeast_KBHome72571530Member" xlink:label="northeast_KBHome72571530Member" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="northeast_KBHome72571530Member_lbl" xml:lang="en-US">KB Home 7.25%, 7/15/30</link:label>
      <link:loc xlink:type="locator" xlink:href="northeast-20260331.xsd#northeast_XPOInc6256128Member" xlink:label="northeast_XPOInc6256128Member" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="northeast_XPOInc6256128Member_lbl" xml:lang="en-US">XPO Logistics, Inc. 6.25%, 6/1/28</link:label>
      <link:loc xlink:type="locator" xlink:href="northeast-20260331.xsd#northeast_AnywhereRealEstateGroupLLP741530Member" xlink:label="northeast_AnywhereRealEstateGroupLLP741530Member" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="northeast_AnywhereRealEstateGroupLLP741530Member_lbl" xml:lang="en-US">Anywhere Real Estate Group LLP, 7%, 4/15/30</link:label>
      <link:loc xlink:type="locator" xlink:href="northeast-20260331.xsd#northeast_SSampCTechnologies5593027Member" xlink:label="northeast_SSampCTechnologies5593027Member" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="northeast_SSampCTechnologies5593027Member_lbl" xml:lang="en-US">SS&amp;C Technologies 5.5%, 9/30/27</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="northeast_TechnologyMember_lbl" xml:lang="en-US">Technology</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="northeast_TobaccoMember" xlink:to="northeast_TobaccoMember_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="northeast_BuildingProductsMember" xlink:to="northeast_BuildingProductsMember_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsNet_lbl" xml:lang="en-US">Net Assets</link:label>
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