<?xml version="1.0" encoding="US-ASCII"?>
<!-- Generated by Broadridge Transform (tm) - http://www.broadridge.com -->
<!-- Created: Tue Jul 28 20:20:08 UTC 2026 -->
<xs:schema elementFormDefault="qualified" targetNamespace="http://www.LSfunds.com/20260729" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:us-types="http://fasb.org/us-types/2026" xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:ck0002000182="http://www.LSfunds.com/20260729" xmlns:dtr="http://www.xbrl.org/dtr/type/2024-01-31" xmlns:xbrli="http://www.xbrl.org/2003/instance">
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xlink:type="simple" xlink:href="ck0002000182-20260729_lab.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef"/>
      <link:linkbaseRef xlink:type="simple" xlink:href="ck0002000182-20260729_pre.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef"/>
      <link:linkbaseRef xlink:type="simple" xlink:href="ck0002000182-20260729_def.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef"/>
    </xs:appinfo>
  </xs:annotation>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/cef/2026" schemaLocation="https://xbrl.sec.gov/cef/2026/cef-2026.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/cef-pre/2026" schemaLocation="https://xbrl.sec.gov/cef/2026/cef-2026_pre.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd"/>
  <xs:element name="AdvisersAnalysisRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_AdvisersAnalysisRiskMember"/>
  <xs:element name="BelowInvestmentGradeInstrumentsRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_BelowInvestmentGradeInstrumentsRiskMember"/>
  <xs:element name="CallOptionSpreadRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_CallOptionSpreadRiskMember"/>
  <xs:element name="ClosedEndStructureRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_ClosedEndStructureRiskMember"/>
  <xs:element name="CompetitionForInvestmentOpportunitiesRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_CompetitionForInvestmentOpportunitiesRiskMember"/>
  <xs:element name="ConflictsOfInterestRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_ConflictsOfInterestRiskMember"/>
  <xs:element name="DebtSecuritiesRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_DebtSecuritiesRiskMember"/>
  <xs:element name="FixedIncomeInstrumentsRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_FixedIncomeInstrumentsRiskMember"/>
  <xs:element name="InvestmentRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_InvestmentRiskMember"/>
  <xs:element name="IssuerRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_IssuerRiskMember"/>
  <xs:element name="KeyPersonnelRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_KeyPersonnelRiskMember"/>
  <xs:element name="LegalAndRegulatoryRisksMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_LegalAndRegulatoryRisksMember"/>
  <xs:element name="LenderLiabilityRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_LenderLiabilityRiskMember"/>
  <xs:element name="LeverageRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_LeverageRiskMember"/>
  <xs:element name="LiquidityRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_LiquidityRiskMember"/>
  <xs:element name="ManagementRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_ManagementRiskMember"/>
  <xs:element name="MarketDevelopmentsMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_MarketDevelopmentsMember"/>
  <xs:element name="MarketDisruptionsFromNaturalDisastersOrGeopoliticalRisksMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_MarketDisruptionsFromNaturalDisastersOrGeopoliticalRisksMember"/>
  <xs:element name="MarketRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_MarketRiskMember"/>
  <xs:element name="MasterLimitedPartnershipRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_MasterLimitedPartnershipRiskMember"/>
  <xs:element name="LimitedHistoryRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_LimitedHistoryRiskMember"/>
  <xs:element name="PrivateFundRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_PrivateFundRiskMember"/>
  <xs:element name="PublicFundsRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_PublicFundsRiskMember"/>
  <xs:element name="RealEstateRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_RealEstateRiskMember"/>
  <xs:element name="REITRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_REITRiskMember"/>
  <xs:element name="RepurchasePolicyRisksMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_RepurchasePolicyRisksMember"/>
  <xs:element name="SeniorLoansRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_SeniorLoansRiskMember"/>
  <xs:element name="SpecialSituationsAndDistressedInvestmentsMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_SpecialSituationsAndDistressedInvestmentsMember"/>
  <xs:element name="SpecialtyFinanceMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_SpecialtyFinanceMember"/>
  <xs:element name="StructuredProductsRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_StructuredProductsRiskMember"/>
  <xs:element name="SubordinatedAndUnsecuredOrPartiallySecuredLoansRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_SubordinatedAndUnsecuredOrPartiallySecuredLoansRiskMember"/>
  <xs:element name="TaxationRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_TaxationRiskMember"/>
  <xs:element name="TradeFinanceMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_TradeFinanceMember"/>
  <xs:element name="UncertainTaxTreatmentMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_UncertainTaxTreatmentMember"/>
  <xs:element name="ValuationRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_ValuationRiskMember"/>
<!-- [WMV7][vohK0uRBPJchK/Sbn/6XOTo/LW2zwcM7xA9T8M2EhYA2WJiywJ2ycmtcaZeWMDot+ODAi0it/au8rdFgQqwjwKdSAEcbPbaZr2v3LaqAZ2UsPwZNc++VuwOK504vmGPWN5emBFFuFlVrjOhRMSAgMwq74Hi/wUlFmJSWqSR3iF4+Hg8AI+0lor7p+XHAV3vb6jcTfdfki+ARDAi93d4IS7nUTPs+vzhfIpIKHdcKPwRO2zFDIopgKxu58unjg54q2LBIJJcyoZ8d0TE2zJHnDQJvOJ3HeKg2eXxxOjsctaROL5IqGeljD4nBua1GGvWadomOAsNKq41IQB8uLn2XMlXcCIDfN4jTQ56UKCkXPsRr6jBZBLHJb/BRC/2SZ0qlkcRLyweB3MB+qf7BvlSZm1w=] CSR-->
  <xs:element name="WarehousingFacilitiesMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002000182_WarehousingFacilitiesMember"/>
</xs:schema>
