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        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10003189"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CVC European Mid-Market Solutions Fund</title>
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          <other otherDesc="INTERNAL ID" value="CVC-PCF"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Next Flight Ventures, First Lien Term Loan</title>
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          <ticker value="10002308"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Octagon Investments Partners 36, Ltd.</name>
        <lei>549300S890TBOLY1D042</lei>
        <title>Octagon Investment Partners 36, Ltd.</title>
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          <isin value="US67591QAC06"/>
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      <invstOrSec>
        <name>Canyon Capital CLO Ltd</name>
        <lei>549300W778MFSPI8C872</lei>
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          <isin value="US13875JAJ25"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10001752"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Premier Radiology Acquisition, Inc, First Lien Term Loan</title>
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          <ticker value="PRTL"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VBC Spine Opco LLC (DxTx Pain and Spine LLC), Delayed Draw Term Loan</title>
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        <identifiers>
          <ticker value="10002045"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10002920"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Franklin BSP Capital Corporation</title>
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          <ticker value="1000263A"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>N/A</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>VBC Spine Opco LLC (DxTx Pain and Spine LLC), First Lien Term Loan</title>
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        <identifiers>
          <ticker value="10002044"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Diamanti</name>
        <lei>N/A</lei>
        <title>Diamanti, Inc., Subordinated Note</title>
        <cusip>N/A</cusip>
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          <ticker value="10001586"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Jmp Credit Advisors Clo Ltd</name>
        <lei>2549000IZRZZJ8TS9W23</lei>
        <title>JMP Credit Advisors CLO V, Ltd.</title>
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        <identifiers>
          <ticker value="10001291"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Upstream Newco, Inc.</title>
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        <identifiers>
          <ticker value="10003190"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Money Transfer Acquisition Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001856"/>
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        <balance>5700607.85000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Florida Food Products, LLC, Third Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003113"/>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX271503"/>
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        <curCd>USD</curCd>
        <valUSD>3220511.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isPaidKind>Y</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bcp Investment Corp</name>
        <lei>254900YM5BVQKA01I468</lei>
        <title>BCP Investment Corp.</title>
        <cusip>73688F201</cusip>
        <identifiers>
          <isin value="US73688F2011"/>
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        <balance>31482.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>229188.96000000</valUSD>
        <pctVal>0.137569206035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Copper Property Ctl Pass Through Trust</name>
        <lei>N/A</lei>
        <title>Copper Property CTL Pass Through Trust</title>
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          <isin value="US2175191079"/>
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      <invstOrSec>
        <name>Cion Investment Corp</name>
        <lei>549300XN70JLF94XKX80</lei>
        <title>CION Investment Corp.</title>
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          <isin value="US17259U2042"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10002709"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DxTx Pain and Spine LLC, Common Units</title>
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          <ticker value="10002047"/>
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      <invstOrSec>
        <name>American Academy Holdings</name>
        <lei>N/A</lei>
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          <ticker value="10001493"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>BrightPet</name>
        <lei>N/A</lei>
        <title>BrightPet, Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10000920"/>
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        <balance>530695.26000000</balance>
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        <curCd>USD</curCd>
        <valUSD>391387.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Phoenix Finance, Inc., Second Lien Term Loan</title>
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          <ticker value="10002834"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Spanish Broadcasting Sys</name>
        <lei>5493005DKYB1X4C9LH64</lei>
        <title>Spanish Broadcasting System, Inc.</title>
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          <isin value="US846425AQ94"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Phoenix Aviation Capital LLC, Preferred</title>
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          <ticker value="10002961"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10002908"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BlackRock Global Credit Opportunities Fund, LP</title>
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          <other otherDesc="INTERNAL ID" value="GCO-PCF"/>
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      <invstOrSec>
        <name>MOUNT LOGAN FUNDING 2018-1 LP</name>
        <lei>54930018JSRPYZJUUR90</lei>
        <title>Mount Logan Funding 2018-1 LP</title>
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          <isin value="US62188AAC53"/>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Great Lakes Funding II LLC, Series B</title>
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        <identifiers>
          <ticker value="10003056"/>
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        <balance>383019.00000000</balance>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TA/WEG Holdings, LLC, Delayed Draw Term Loan</title>
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          <ticker value="10001594"/>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX204943"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Kofax, Inc., Second Lien Term Loan</title>
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          <ticker value="10001698"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Middle West Spirits Holdings, LLC, Preferred</title>
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          <ticker value="10002871"/>
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      <invstOrSec>
        <name>Diamanti</name>
        <lei>N/A</lei>
        <title>Diamanti, Inc., Class A</title>
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          <ticker value="10001587"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VTX Intermediate Holdings, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002728"/>
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        <balance>1162075.87000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Princeton Medspa Partners, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002517"/>
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        <units>NC</units>
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        <isRestrictedSec>N</isRestrictedSec>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BetaNXT, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001685"/>
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        <balance>1412954.89600000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10003193"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10002729"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Hunter Point Capital Structured Notes Issuer, LLC, Subordinated Delayed Draw Notes</title>
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        <identifiers>
          <ticker value="10001717"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10002837"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Aperture Dodge 18 LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001700"/>
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        <balance>2076377.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Epic Staffing</name>
        <lei>N/A</lei>
        <title>Epic Staffing Group, First Lien Term Loan</title>
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          <ticker value="10001676"/>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX205939"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Metrc Inc., Delayed Draw Term Loan</title>
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        <identifiers>
          <ticker value="10023414"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-30</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Monroe Capital Private Credit Fund III LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="MON-PCF"/>
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        <balance>8646147.41050000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Pelham S2K SBIC II, L.P.</title>
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        <identifiers>
          <ticker value="10001834"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Ivanti Software, Inc., Second Lien Initial Term Loan</title>
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          <ticker value="10002903"/>
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        <balance>4040000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Ancile Solutions, Inc.</name>
        <lei>N/A</lei>
        <title>Ancile Solutions, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001153"/>
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        <balance>3220280.67000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Cooper OH Originations, LLC Common Units</title>
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        <identifiers>
          <ticker value="10003036"/>
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        <balance>40000.00000000</balance>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="10002552"/>
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      <invstOrSec>
        <name>GreenPark Infrastructure</name>
        <lei>N/A</lei>
        <title>GreenPark Infrastructure, LLC Series M-1</title>
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        <identifiers>
          <ticker value="10001665"/>
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        <balance>2564.80000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Opportunistic Credit Interval Fund</name>
        <lei>549300NJWLK76QJGNF34</lei>
        <title>Opportunistic Credit Interval Fund</title>
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          <isin value="US68390R1059"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DeltaDx Limited, LP - Barri/Dolex</title>
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          <ticker value="10002438"/>
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        <balance>412124.10000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2028-06-14</maturityDt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Colonnade Intermediate, LLC, First Lien Term Loan</title>
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        <identifiers>
          <ticker value="10001838"/>
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        <balance>176055.69000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104313.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Ejf Crt 2024-r1 Llc</name>
        <lei>254900Q5DC1FD685WY23</lei>
        <title>EJF CRT 2024-R1 LLC</title>
        <cusip>282930AA4</cusip>
        <identifiers>
          <isin value="US282930AA49"/>
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        <curCd>USD</curCd>
        <valUSD>1820578.19000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Phillips Feed Service, Inc., First Lien Term Loan</title>
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        <identifiers>
          <other otherDesc="INTERNAL ID" value="2131-800"/>
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        <balance>5431716.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5103640.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>14.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Monitronics International Incorporated</name>
        <lei>SCAKOG18M6QWWML8YF46</lei>
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      <invstOrSec>
        <name>Project Castle Inc</name>
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        <title>Material Handling Systems, Inc., First Lien Term Loan</title>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Marvel APS, Delayed Draw Term Loan</title>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="FF2LTLD"/>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX281959"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PMA Parent Holdings LLC, Revolver</title>
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          <other otherDesc="EXTERNAL IDENTIFIER" value="LX226617"/>
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        <curCd>USD</curCd>
        <valUSD>-375.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      </invstOrSec>
      <invstOrSec>
        <name>GreenPark Infrastructure</name>
        <lei>N/A</lei>
        <title>GreenPark Infrastructure, LLC Series A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001664"/>
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        <balance>400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>233478.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PMP OPCO, LLC, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="PMPDTL"/>
        </identifiers>
        <balance>381742.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>341637.00000000</valUSD>
        <pctVal>0.205065422184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.18300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Princeton Medspa Partners, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002519"/>
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        <balance>250000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Company Direct</counterpartyName>
              <counterpartyLei>99999999999999999999</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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              <otherRefInst>
                <issuerName>PrinMed</issuerName>
                <issueTitle>PrinMed</issueTitle>
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                  <other otherDesc="INTERNAL ID" value="PRINDUMMY"/>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PMP OPCO, LLC, Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="PMPORC"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-11250.00000000</valUSD>
        <pctVal>-0.00675274048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Spectrio</name>
        <lei>N/A</lei>
        <title>Spectrio, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10000913"/>
        </identifiers>
        <balance>2816508.74060000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2101960.47000000</valUSD>
        <pctVal>1.261688315946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.66580000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BrightPet</name>
        <lei>N/A</lei>
        <title>BrightPet, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10000853"/>
        </identifiers>
        <balance>1949933.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1438075.67000000</valUSD>
        <pctVal>0.863195714754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.81340000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Rebound, LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003152"/>
        </identifiers>
        <balance>335000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>501200.00000000</valUSD>
        <pctVal>0.300842091455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>White Oak Equipment Finance 1, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="2331-800"/>
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        <balance>398837.94690000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>398837.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VBC Spine Opco LLC (DxTx Pain and Spine LLC), Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002046"/>
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        <balance>241935.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>241492.00000000</valUSD>
        <pctVal>0.144954027034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.64390000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Academy Holdings</name>
        <lei>N/A</lei>
        <title>American Academy Holdings. Inc., Common Units</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001618"/>
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        <balance>0.04650000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>180000.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BGPT Maverick, L.P.</title>
        <cusip>N/A</cusip>
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          <ticker value="METRCEQ"/>
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        <balance>1000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1194515.15000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Needle Holdings Llc</name>
        <lei>N/A</lei>
        <title>Needle Holdings LLC, First Lien Term Loan</title>
        <cusip>63988HAH9</cusip>
        <identifiers>
          <ticker value="63988HA"/>
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        <balance>26339.20000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>American Academy Holdings, LLC, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002484"/>
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        <balance>426382.19010000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>425870.53000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Next Flight Ventures</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002310"/>
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        <balance>88.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>58377.01000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mount Logan Funding Lp</name>
        <lei>54930018JSRPYZJUUR90</lei>
        <title>Mount Logan Funding 2018-1 LP</title>
        <cusip>62188AAC5</cusip>
        <identifiers>
          <isin value="US62188AAC53"/>
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        <balance>4798575.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2295878.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>19.39000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WhiteHorse Finance Inc</name>
        <lei>5493006LP9COIV2ZIB05</lei>
        <title>WhiteHorse Finance, Inc.</title>
        <cusip>96524V106</cusip>
        <identifiers>
          <isin value="US96524V1061"/>
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        <balance>107328.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>719097.60000000</valUSD>
        <pctVal>0.431633730935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VTX Holdings, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002730"/>
        </identifiers>
        <balance>932474.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>936.08000000</valUSD>
        <pctVal>0.000561876027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>American Academy Holdings, LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002483"/>
        </identifiers>
        <balance>2148965.89000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2146387.13000000</valUSD>
        <pctVal>1.288355134204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.00840000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Spectrio, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002319"/>
        </identifiers>
        <balance>1174784.69350000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>876741.82000000</valUSD>
        <pctVal>0.526258664795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.66580000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vision Solutions Inc.</name>
        <lei>N/A</lei>
        <title>Precisely Software Incorporated, Second Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="SELY-800"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1948755.00000000</valUSD>
        <pctVal>1.169727713358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.17500000</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>N/A</name>
        <lei>N/A</lei>
        <title>Accordion Partners LLC, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003194"/>
        </identifiers>
        <balance>334088.83000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>334088.83000000</valUSD>
        <pctVal>0.200534681463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.66750000</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>Tralee CLO Ltd</name>
        <lei>549300KVMYUNBMVPNK19</lei>
        <title>Tralee CLO II, Ltd., Class ER</title>
        <cusip>89289UAY4</cusip>
        <identifiers>
          <isin value="US89289UAY47"/>
        </identifiers>
        <balance>955774.68000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>695114.85000000</valUSD>
        <pctVal>0.417238238779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.78680000</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>N/A</name>
        <lei>N/A</lei>
        <title>Accurate Background, LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001735"/>
        </identifiers>
        <balance>1443750.03000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1443750.03000000</valUSD>
        <pctVal>0.866601713018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.96120000</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>N/A</name>
        <lei>N/A</lei>
        <title>Dun &amp; Bradstreet Holdings, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002921"/>
        </identifiers>
        <balance>1688206.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1677739.30000000</valUSD>
        <pctVal>1.007052274401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.15260000</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>American Academy Holdings</name>
        <lei>N/A</lei>
        <title>American Academy Holdings. Inc., Preferred Units</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001691"/>
        </identifiers>
        <balance>90970.35000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>152385.80000000</valUSD>
        <pctVal>0.091468600918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NFV Co-Pilot, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002311"/>
        </identifiers>
        <balance>441.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17889.36000000</valUSD>
        <pctVal>0.010737973817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PocketWatch, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002761"/>
        </identifiers>
        <balance>793848.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>790355.14000000</valUSD>
        <pctVal>0.474405613149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>14.99000000</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>N/A</name>
        <lei>N/A</lei>
        <title>Middle West Spirits Holdings, LLC, Common Stock</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002859"/>
        </identifiers>
        <balance>45.46000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19063.58000000</valUSD>
        <pctVal>0.011442791855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PhyNet Dermatology LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002245"/>
        </identifiers>
        <balance>1992949.10100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1958072.49000000</valUSD>
        <pctVal>1.175320477082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.17520000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Alternative Credit Income Fund</ncom:nameOfApplicant>
      <ncom:signature>Brandon Satoren</ncom:signature>
      <ncom:signerName>Brandon Satoren</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
