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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>NEOGEN FOOD SA 8.625% 07/20/30</name>
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        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
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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>PERRIGO FINANCE 5.15% 06/15/30</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TELEFLEX INC 4.25% 06/01/28</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>EMERGENT BIOSO 3.875% 08/15/28</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHS/COMMUNITY  6.875% 04/15/29</name>
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      <invstOrSec>
        <name>TEAM HEALTH HO 8.375% 06/30/28</name>
        <lei>N/A</lei>
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          <isin value="US87817AAE73"/>
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        <curCd>USD</curCd>
        <valUSD>35145.25000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BAUSCH HEALTH COS 14% 10/15/30</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BAUSCH HEALTH COS INC REGD 144A P/P 14.00000000</title>
        <cusip>071734AR8</cusip>
        <identifiers>
          <isin value="US071734AR86"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28894.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>GENMAB A/S/GENM 6.25% 12/15/32</name>
        <lei>N/A</lei>
        <title>GENMAB A/S/GENMAB FIN REGD 144A P/P 6.25000000</title>
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        <identifiers>
          <isin value="US37230JAA07"/>
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        <curCd>USD</curCd>
        <valUSD>133487.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>MPH ACQUISITION 5.75% 12/31/30</name>
        <lei>N/A</lei>
        <title>MPH ACQUISITION HOLDINGS REGD 144A P/P 5.75000000</title>
        <cusip>553283AG7</cusip>
        <identifiers>
          <isin value="US553283AG73"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53944.15000000</valUSD>
        <pctVal>0.551564467249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ORGANON &amp; CO/O 4.125% 04/30/28</name>
        <lei>N/A</lei>
        <title>ORGANON &amp; CO/ORGANON FOR REGD 144A P/P 4.12500000</title>
        <cusip>68622TAA9</cusip>
        <identifiers>
          <isin value="US68622TAA97"/>
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        <balance>178000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>175776.20000000</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>4.12500000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHARLES RIVER L 4.25% 05/01/28</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
        <title>CHARLES RIVER LABORATORI REGD 144A P/P 4.25000000</title>
        <cusip>159864AE7</cusip>
        <identifiers>
          <isin value="US159864AE78"/>
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        <balance>43000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42251.80000000</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>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HAH GROUP HOLDI 9.75% 10/01/31</name>
        <lei>254900FFJQHW9R90FL74</lei>
        <title>HAH GROUP HOLDING CO LLC REGD 144A P/P 9.75000000</title>
        <cusip>40518JAA7</cusip>
        <identifiers>
          <isin value="US40518JAA79"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50380.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LIFEPOINT HEAL 8.375% 02/15/32</name>
        <lei>N/A</lei>
        <title>LIFEPOINT HEALTH INC REGD 144A P/P 8.37500000</title>
        <cusip>53219LAY5</cusip>
        <identifiers>
          <isin value="US53219LAY56"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62986.14000000</valUSD>
        <pctVal>0.644016390159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PRESTIGE BRAND 5.125% 01/15/28</name>
        <lei>N/A</lei>
        <title>PRESTIGE BRANDS INC REGD 144A P/P 5.12500000</title>
        <cusip>74112BAL9</cusip>
        <identifiers>
          <isin value="US74112BAL99"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34968.37000000</valUSD>
        <pctVal>0.357542205589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TENET HEALTHCA 4.625% 06/15/28</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP REGD 144A 4.62500000</title>
        <cusip>88033GDH0</cusip>
        <identifiers>
          <isin value="US88033GDH02"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49644.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>GLOBAL MEDICAL 7.375% 10/01/32</name>
        <lei>549300ZFWD4ZFCEJCQ87</lei>
        <title>GLOBAL MEDICAL RESPONSE REGD 144A P/P 7.37500000</title>
        <cusip>37960BAD7</cusip>
        <identifiers>
          <isin value="US37960BAD73"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88655.85000000</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>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>TELEFLEX INC 4.625% 11/15/27</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>TELEFLEX INC REGD 4.62500000</title>
        <cusip>879369AF3</cusip>
        <identifiers>
          <isin value="US879369AF39"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39815.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>ACCENDRA HEALT 6.625% 04/01/30</name>
        <lei>549300LMT5KQQXCEZ733</lei>
        <title>ACCENDRA HEALTH INC REGD 144A P/P 6.62500000</title>
        <cusip>690732AG7</cusip>
        <identifiers>
          <isin value="US690732AG70"/>
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        <balance>46000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24753.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAUSCH HEALTH COS  5% 02/15/29</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BAUSCH HEALTH COS INC REGD 144A P/P 5.00000000</title>
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          <isin value="US071734AM99"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29109.67000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PARADIGM PRNT/C 8.75% 04/17/32</name>
        <lei>N/A</lei>
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        <cusip>69902PAA6</cusip>
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          <isin value="US69902PAA66"/>
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        <balance>43000.00000000</balance>
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        <valUSD>38855.23000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SERVICE CORP I 5.125% 06/01/29</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>SERVICE CORP INTL REGD 5.12500000</title>
        <cusip>817565CE2</cusip>
        <identifiers>
          <isin value="US817565CE22"/>
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        <curCd>USD</curCd>
        <valUSD>60913.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <name>AMNEAL PHARMAC 6.875% 08/01/32</name>
        <lei>N/A</lei>
        <title>AMNEAL PHARMACEUTICALS L REGD 144A P/P 6.87500000</title>
        <cusip>03168LAA3</cusip>
        <identifiers>
          <isin value="US03168LAA35"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51989.40000000</valUSD>
        <pctVal>0.531577672715</pctVal>
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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>6.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
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        <name>1261229 BC LTD 10% 04/15/32</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CVS HEALTH CORP V/R 03/10/55</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP REGD V/R 7.00000000</title>
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          <isin value="US126650EH94"/>
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        <curCd>USD</curCd>
        <valUSD>197255.59000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MOLINA HEALTHC 4.375% 06/15/28</name>
        <lei>549300NQQCEQ46YHZ591</lei>
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        <cusip>60855RAJ9</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>69053.12000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELANCO ANIMAL HE 6.4% 08/28/28</name>
        <lei>549300SHPNDCE059M934</lei>
        <title>ELANCO ANIMAL HEALTH INC REGD SER WI 6.40000000</title>
        <cusip>28414HAG8</cusip>
        <identifiers>
          <isin value="US28414HAG83"/>
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        <balance>63000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64559.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>AMN HEALTHCARE I 6.5% 01/15/31</name>
        <lei>N/A</lei>
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        <cusip>00175PAD5</cusip>
        <identifiers>
          <isin value="US00175PAD50"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34896.56000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PERRIGO FINANCE  4.9% 12/15/44</name>
        <lei>N/A</lei>
        <title>PERRIGO FINANCE UNLIMITD REGD 4.90000000</title>
        <cusip>714295AA0</cusip>
        <identifiers>
          <isin value="US714295AA08"/>
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        <balance>28000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20482.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TENET HEALTHCA 6.125% 06/15/30</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP REGD 6.12500000</title>
        <cusip>88033GDQ0</cusip>
        <identifiers>
          <isin value="US88033GDQ01"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171222.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>HEALTHEQUITY INC 4.5% 10/01/29</name>
        <lei>529900LRJU1RAFQHM467</lei>
        <title>HEALTHEQUITY INC REGD 144A P/P 4.50000000</title>
        <cusip>42226AAA5</cusip>
        <identifiers>
          <isin value="US42226AAA51"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48593.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>IQVIA INC 5% 05/15/27</name>
        <lei>N/A</lei>
        <title>IQVIA INC REGD 144A P/P 5.00000000</title>
        <cusip>46266TAA6</cusip>
        <identifiers>
          <isin value="US46266TAA60"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89969.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CHS/COMMUNITY H 9.75% 01/15/34</name>
        <lei>N/A</lei>
        <title>CHS/COMMUNITY HEALTH SYS REGD 144A P/P 9.75000000</title>
        <cusip>12543DBQ2</cusip>
        <identifiers>
          <isin value="US12543DBQ25"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154899.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENCOMPASS HEAL 4.625% 04/01/31</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>ENCOMPASS HEALTH CORP REGD 4.62500000</title>
        <cusip>29261AAE0</cusip>
        <identifiers>
          <isin value="US29261AAE01"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34148.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>TENET HEALTHCA 6.875% 11/15/31</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP REGD 6.87500000</title>
        <cusip>88033GAV2</cusip>
        <identifiers>
          <isin value="US88033GAV23"/>
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        <balance>32000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34117.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>SURGERY CENTER  7.25% 04/15/32</name>
        <lei>N/A</lei>
        <title>SURGERY CENTER HOLDINGS REGD 144A P/P 7.25000000</title>
        <cusip>86881WAF9</cusip>
        <identifiers>
          <isin value="US86881WAF95"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104850.93000000</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>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>BAUSCH HEALTH C 7.25% 05/30/29</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BAUSCH HEALTH COS INC REGD P/P 7.25000000</title>
        <cusip>071734AF4</cusip>
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          <isin value="US071734AF49"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18518.13000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ENCOMPASS HEALT 4.75% 02/01/30</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>ENCOMPASS HEALTH CORP REGD 4.75000000</title>
        <cusip>29261AAB6</cusip>
        <identifiers>
          <isin value="US29261AAB61"/>
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        <balance>65000.00000000</balance>
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        <valUSD>64029.24000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>BAUSCH + LOMB  8.375% 10/01/28</name>
        <lei>549300NY6OZM39SO6475</lei>
        <title>BAUSCH + LOMB CORP REGD 144A P/P 8.37500000</title>
        <cusip>071705AA5</cusip>
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          <isin value="US071705AA56"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GENMAB A/S/GENM 7.25% 12/15/33</name>
        <lei>N/A</lei>
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        <cusip>37230JAB8</cusip>
        <identifiers>
          <isin value="US37230JAB89"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BIOMARIN PHARMAC 5.5% 02/15/34</name>
        <lei>NSLL8ITTRR0J5HEMR848</lei>
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        <cusip>09061GAL5</cusip>
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          <isin value="US09061GAL59"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69542.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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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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      <invstOrSec>
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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>ADAPTHEALTH LL 4.625% 08/01/29</name>
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        <fairValLevel>2</fairValLevel>
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        <lei>M2XHYMU3TZNEZURC6H66</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TENET HEALTHCARE C 6% 11/15/33</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHARLES RIVER LABO 4% 03/15/31</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SERVICE CORP I 3.375% 08/15/30</name>
        <lei>549300RKVM2ME20JHZ15</lei>
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        <pctVal>0.585108233709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>2026-06-01</ncom:dateSigned>
      <ncom:nameOfApplicant>BondBloxx ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Tony Kelly</ncom:signature>
      <ncom:signerName>Tony Kelly</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
