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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_AssetAllocationRiskMember" xml:lang="en-US">Asset Allocation Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_AssetAllocationRiskMember" xlink:to="lab_cik0001296250_AssetAllocationRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_CallRiskMember" xlink:label="loc_cik0001296250_CallRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_CallRiskMember" xml:lang="en-US">Call Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_CallRiskMember" xlink:to="lab_cik0001296250_CallRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ConfidentialInformationAccessRiskMember" xlink:label="loc_cik0001296250_ConfidentialInformationAccessRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ConfidentialInformationAccessRiskMember" xml:lang="en-US">Confidential Information Access Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ConfidentialInformationAccessRiskMember" xlink:to="lab_cik0001296250_ConfidentialInformationAccessRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ContingentConvertibleSecuritiesRiskMember" xlink:label="loc_cik0001296250_ContingentConvertibleSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ContingentConvertibleSecuritiesRiskMember" xml:lang="en-US">Contingent Convertible Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ContingentConvertibleSecuritiesRiskMember" xlink:to="lab_cik0001296250_ContingentConvertibleSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ConvertibleSecuritiesRiskMember" xlink:label="loc_cik0001296250_ConvertibleSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ConvertibleSecuritiesRiskMember" xml:lang="en-US">Convertible Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ConvertibleSecuritiesRiskMember" xlink:to="lab_cik0001296250_ConvertibleSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_CounterpartyRiskMember" xlink:label="loc_cik0001296250_CounterpartyRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_CounterpartyRiskMember" xml:lang="en-US">Counterparty Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_CounterpartyRiskMember" xlink:to="lab_cik0001296250_CounterpartyRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_CovenantLiteObligationsRiskMember" xlink:label="loc_cik0001296250_CovenantLiteObligationsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_CovenantLiteObligationsRiskMember" xml:lang="en-US">Covenant Lite Obligations Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_CovenantLiteObligationsRiskMember" xlink:to="lab_cik0001296250_CovenantLiteObligationsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_CreditDefaultSwapsRiskMember" xlink:label="loc_cik0001296250_CreditDefaultSwapsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_CreditDefaultSwapsRiskMember" xml:lang="en-US">Credit Default Swaps Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_CreditDefaultSwapsRiskMember" xlink:to="lab_cik0001296250_CreditDefaultSwapsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_CreditRiskOneMember" xlink:label="loc_cik0001296250_CreditRiskOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_CreditRiskOneMember" xml:lang="en-US">Credit Risk One [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001296250_CreditRiskOneMember" xml:lang="en-US">Credit Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_CreditRiskOneMember" xlink:to="lab_cik0001296250_CreditRiskOneMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_CsdrRelatedRiskMember" xlink:label="loc_cik0001296250_CsdrRelatedRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_CsdrRelatedRiskMember" xml:lang="en-US">CSDR Related Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_CsdrRelatedRiskMember" xlink:to="lab_cik0001296250_CsdrRelatedRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_CurrencyRiskMember" xlink:label="loc_cik0001296250_CurrencyRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_CurrencyRiskMember" xml:lang="en-US">Currency Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_CurrencyRiskMember" xlink:to="lab_cik0001296250_CurrencyRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_CyberSecurityRiskMember" xlink:label="loc_cik0001296250_CyberSecurityRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_CyberSecurityRiskMember" xml:lang="en-US">Cyber Security Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_CyberSecurityRiskMember" xlink:to="lab_cik0001296250_CyberSecurityRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_DebtSecuritiesRiskMember" xlink:label="loc_cik0001296250_DebtSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_DebtSecuritiesRiskMember" xml:lang="en-US">Debt Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_DebtSecuritiesRiskMember" xlink:to="lab_cik0001296250_DebtSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_DerivativesRiskMember" xlink:label="loc_cik0001296250_DerivativesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_DerivativesRiskMember" xml:lang="en-US">Derivatives Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_DerivativesRiskMember" xlink:to="lab_cik0001296250_DerivativesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_DistressedAndDefaultedSecuritiesRiskMember" xlink:label="loc_cik0001296250_DistressedAndDefaultedSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_DistressedAndDefaultedSecuritiesRiskMember" xml:lang="en-US">Distressed and Defaulted Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_DistressedAndDefaultedSecuritiesRiskMember" xlink:to="lab_cik0001296250_DistressedAndDefaultedSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_DistributionRateRiskMember" xlink:label="loc_cik0001296250_DistributionRateRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_DistributionRateRiskMember" xml:lang="en-US">Distribution Rate Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_DistributionRateRiskMember" xlink:to="lab_cik0001296250_DistributionRateRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_EmergingMarketsRiskMember" xlink:label="loc_cik0001296250_EmergingMarketsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_EmergingMarketsRiskMember" xml:lang="en-US">Emerging Markets Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_EmergingMarketsRiskMember" xlink:to="lab_cik0001296250_EmergingMarketsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_EquitySecuritiesAndRelatedMarketRiskMember" xlink:label="loc_cik0001296250_EquitySecuritiesAndRelatedMarketRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_EquitySecuritiesAndRelatedMarketRiskMember" xml:lang="en-US">Equity Securities and Related Market Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_EquitySecuritiesAndRelatedMarketRiskMember" xlink:to="lab_cik0001296250_EquitySecuritiesAndRelatedMarketRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_FocusedInvestmentRiskMember" xlink:label="loc_cik0001296250_FocusedInvestmentRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_FocusedInvestmentRiskMember" xml:lang="en-US">Focused Investment Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_FocusedInvestmentRiskMember" xlink:to="lab_cik0001296250_FocusedInvestmentRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ForeignNonu.s.InvestmentRiskMember" xlink:label="loc_cik0001296250_ForeignNonu.s.InvestmentRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ForeignNonu.s.InvestmentRiskMember" xml:lang="en-US">Foreign (NonU.S.) Investment Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ForeignNonu.s.InvestmentRiskMember" xlink:to="lab_cik0001296250_ForeignNonu.s.InvestmentRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_HighYieldSecuritiesRiskMember" xlink:label="loc_cik0001296250_HighYieldSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_HighYieldSecuritiesRiskMember" xml:lang="en-US">High Yield Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_HighYieldSecuritiesRiskMember" xlink:to="lab_cik0001296250_HighYieldSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_InflationDeflationRiskMember" xlink:label="loc_cik0001296250_InflationDeflationRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_InflationDeflationRiskMember" xml:lang="en-US">Inflation Deflation Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_InflationDeflationRiskMember" xlink:to="lab_cik0001296250_InflationDeflationRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_InflationIndexedSecurityRiskMember" xlink:label="loc_cik0001296250_InflationIndexedSecurityRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_InflationIndexedSecurityRiskMember" xml:lang="en-US">Inflation Indexed Security Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_InflationIndexedSecurityRiskMember" xlink:to="lab_cik0001296250_InflationIndexedSecurityRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_LeverageRiskMember" xlink:label="loc_cik0001296250_LeverageRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_LeverageRiskMember" xml:lang="en-US">Leverage Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_LeverageRiskMember" xlink:to="lab_cik0001296250_LeverageRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_LiquidityRiskMember" xlink:label="loc_cik0001296250_LiquidityRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_LiquidityRiskMember" xml:lang="en-US">Liquidity Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_LiquidityRiskMember" xlink:to="lab_cik0001296250_LiquidityRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_LoansAndOtherIndebtednessLoanParticipationsAndAssignmentsRiskMember" xlink:label="loc_cik0001296250_LoansAndOtherIndebtednessLoanParticipationsAndAssignmentsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_LoansAndOtherIndebtednessLoanParticipationsAndAssignmentsRiskMember" xml:lang="en-US">Loans and Other Indebtedness Loan Participations and Assignments Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_LoansAndOtherIndebtednessLoanParticipationsAndAssignmentsRiskMember" xlink:to="lab_cik0001296250_LoansAndOtherIndebtednessLoanParticipationsAndAssignmentsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ManagementRiskMember" xlink:label="loc_cik0001296250_ManagementRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ManagementRiskMember" xml:lang="en-US">Management Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ManagementRiskMember" xlink:to="lab_cik0001296250_ManagementRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_MarketDiscountRiskMember" xlink:label="loc_cik0001296250_MarketDiscountRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_MarketDiscountRiskMember" xml:lang="en-US">Market Discount Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_MarketDiscountRiskMember" xlink:to="lab_cik0001296250_MarketDiscountRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_MarketDisruptionsRiskMember" xlink:label="loc_cik0001296250_MarketDisruptionsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_MarketDisruptionsRiskMember" xml:lang="en-US">Market Disruptions Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_MarketDisruptionsRiskMember" xlink:to="lab_cik0001296250_MarketDisruptionsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_MarketRiskMember" xlink:label="loc_cik0001296250_MarketRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_MarketRiskMember" xml:lang="en-US">Market Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_MarketRiskMember" xlink:to="lab_cik0001296250_MarketRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_MortgageRelatedAndOtherAssetBackedInstrumentsRiskMember" xlink:label="loc_cik0001296250_MortgageRelatedAndOtherAssetBackedInstrumentsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_MortgageRelatedAndOtherAssetBackedInstrumentsRiskMember" xml:lang="en-US">Mortgage Related and Other Asset Backed Instruments Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_MortgageRelatedAndOtherAssetBackedInstrumentsRiskMember" xlink:to="lab_cik0001296250_MortgageRelatedAndOtherAssetBackedInstrumentsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_MortgageRelatedDerivativeInstrumentsRiskMember" xlink:label="loc_cik0001296250_MortgageRelatedDerivativeInstrumentsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_MortgageRelatedDerivativeInstrumentsRiskMember" xml:lang="en-US">Mortgage Related Derivative Instruments Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_MortgageRelatedDerivativeInstrumentsRiskMember" xlink:to="lab_cik0001296250_MortgageRelatedDerivativeInstrumentsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_OperationalRiskMember" xlink:label="loc_cik0001296250_OperationalRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_OperationalRiskMember" xml:lang="en-US">Operational Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_OperationalRiskMember" xlink:to="lab_cik0001296250_OperationalRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_OtherInvestmentCompaniesRiskMember" xlink:label="loc_cik0001296250_OtherInvestmentCompaniesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_OtherInvestmentCompaniesRiskMember" xml:lang="en-US">Other Investment Companies Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_OtherInvestmentCompaniesRiskMember" xlink:to="lab_cik0001296250_OtherInvestmentCompaniesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_PotentialConflictsOfInterestRiskAllocationOfInvestmentOpportunitiesMember" xlink:label="loc_cik0001296250_PotentialConflictsOfInterestRiskAllocationOfInvestmentOpportunitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_PotentialConflictsOfInterestRiskAllocationOfInvestmentOpportunitiesMember" xml:lang="en-US">Potential Conflicts of Interest Risk Allocation of Investment Opportunities [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_PotentialConflictsOfInterestRiskAllocationOfInvestmentOpportunitiesMember" xlink:to="lab_cik0001296250_PotentialConflictsOfInterestRiskAllocationOfInvestmentOpportunitiesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_PreferredSecuritiesRiskMember" xlink:label="loc_cik0001296250_PreferredSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_PreferredSecuritiesRiskMember" xml:lang="en-US">Preferred Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_PreferredSecuritiesRiskMember" xlink:to="lab_cik0001296250_PreferredSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_PrivacyAndDataSecurityRiskMember" xlink:label="loc_cik0001296250_PrivacyAndDataSecurityRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_PrivacyAndDataSecurityRiskMember" xml:lang="en-US">Privacy and Data Security Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_PrivacyAndDataSecurityRiskMember" xlink:to="lab_cik0001296250_PrivacyAndDataSecurityRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_PrivatePlacementsAndRestrictedSecuritiesRiskMember" xlink:label="loc_cik0001296250_PrivatePlacementsAndRestrictedSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_PrivatePlacementsAndRestrictedSecuritiesRiskMember" xml:lang="en-US">Private Placements and Restricted Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_PrivatePlacementsAndRestrictedSecuritiesRiskMember" xlink:to="lab_cik0001296250_PrivatePlacementsAndRestrictedSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_RealEstateRiskMember" xlink:label="loc_cik0001296250_RealEstateRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_RealEstateRiskMember" xml:lang="en-US">Real Estate Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_RealEstateRiskMember" xlink:to="lab_cik0001296250_RealEstateRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_RegulatoryChangesRiskMember" xlink:label="loc_cik0001296250_RegulatoryChangesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_RegulatoryChangesRiskMember" xml:lang="en-US">Regulatory Changes Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_RegulatoryChangesRiskMember" xlink:to="lab_cik0001296250_RegulatoryChangesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_RegulatoryRiskCommodityPoolOperatorMember" xlink:label="loc_cik0001296250_RegulatoryRiskCommodityPoolOperatorMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_RegulatoryRiskCommodityPoolOperatorMember" xml:lang="en-US">Regulatory Risk Commodity Pool Operator [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_RegulatoryRiskCommodityPoolOperatorMember" xlink:to="lab_cik0001296250_RegulatoryRiskCommodityPoolOperatorMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_RepurchaseAgreementsRiskMember" xlink:label="loc_cik0001296250_RepurchaseAgreementsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_RepurchaseAgreementsRiskMember" xml:lang="en-US">Repurchase Agreements Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_RepurchaseAgreementsRiskMember" xlink:to="lab_cik0001296250_RepurchaseAgreementsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_SecuritiesLendingRiskMember" xlink:label="loc_cik0001296250_SecuritiesLendingRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_SecuritiesLendingRiskMember" xml:lang="en-US">Securities Lending Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_SecuritiesLendingRiskMember" xlink:to="lab_cik0001296250_SecuritiesLendingRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_SeniorDebtRiskMember" xlink:label="loc_cik0001296250_SeniorDebtRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_SeniorDebtRiskMember" xml:lang="en-US">Senior Debt Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_SeniorDebtRiskMember" xlink:to="lab_cik0001296250_SeniorDebtRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_SovereignDebtRiskMember" xlink:label="loc_cik0001296250_SovereignDebtRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_SovereignDebtRiskMember" xml:lang="en-US">Sovereign Debt Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_SovereignDebtRiskMember" xlink:to="lab_cik0001296250_SovereignDebtRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_StructuredInvestmentsRiskMember" xlink:label="loc_cik0001296250_StructuredInvestmentsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_StructuredInvestmentsRiskMember" xml:lang="en-US">Structured Investments Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_StructuredInvestmentsRiskMember" xlink:to="lab_cik0001296250_StructuredInvestmentsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_SubprimeRiskMember" xlink:label="loc_cik0001296250_SubprimeRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_SubprimeRiskMember" xml:lang="en-US">Subprime Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_SubprimeRiskMember" xlink:to="lab_cik0001296250_SubprimeRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_SyntheticConvertibleSecuritiesRiskMember" xlink:label="loc_cik0001296250_SyntheticConvertibleSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_SyntheticConvertibleSecuritiesRiskMember" xml:lang="en-US">Synthetic Convertible Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_SyntheticConvertibleSecuritiesRiskMember" xlink:to="lab_cik0001296250_SyntheticConvertibleSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_TaxRiskMember" xlink:label="loc_cik0001296250_TaxRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_TaxRiskMember" xml:lang="en-US">Tax Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_TaxRiskMember" xlink:to="lab_cik0001296250_TaxRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_U.s.GovernmentSecuritiesRiskMember" xlink:label="loc_cik0001296250_U.s.GovernmentSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_U.s.GovernmentSecuritiesRiskMember" xml:lang="en-US">U.S. Government Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_U.s.GovernmentSecuritiesRiskMember" xlink:to="lab_cik0001296250_U.s.GovernmentSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ZeroCouponBondStepUpsAndPaymentInKindSecuritiesRiskMember" xlink:label="loc_cik0001296250_ZeroCouponBondStepUpsAndPaymentInKindSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ZeroCouponBondStepUpsAndPaymentInKindSecuritiesRiskMember" xml:lang="en-US">Zero Coupon Bond Step Ups and Payment In Kind Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ZeroCouponBondStepUpsAndPaymentInKindSecuritiesRiskMember" xlink:to="lab_cik0001296250_ZeroCouponBondStepUpsAndPaymentInKindSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_PortfolioTurnoverRiskMember" xlink:label="loc_cik0001296250_PortfolioTurnoverRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_PortfolioTurnoverRiskMember" xml:lang="en-US">Portfolio Turnover Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_PortfolioTurnoverRiskMember" xlink:to="lab_cik0001296250_PortfolioTurnoverRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ValuationRiskMember" xlink:label="loc_cik0001296250_ValuationRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ValuationRiskMember" xml:lang="en-US">Valuation Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ValuationRiskMember" xlink:to="lab_cik0001296250_ValuationRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_IssuerRiskMember" xlink:label="loc_cik0001296250_IssuerRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_IssuerRiskMember" xml:lang="en-US">Issuer Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_IssuerRiskMember" xlink:to="lab_cik0001296250_IssuerRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ReinvestmentRiskMember" xlink:label="loc_cik0001296250_ReinvestmentRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ReinvestmentRiskMember" xml:lang="en-US">Reinvestment Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ReinvestmentRiskMember" xlink:to="lab_cik0001296250_ReinvestmentRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_InsuranceLinkedAndOtherInstrumentsRiskMember" xlink:label="loc_cik0001296250_InsuranceLinkedAndOtherInstrumentsRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_InsuranceLinkedAndOtherInstrumentsRiskMember" xml:lang="en-US">Insurance Linked and Other Instruments Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_InsuranceLinkedAndOtherInstrumentsRiskMember" xlink:to="lab_cik0001296250_InsuranceLinkedAndOtherInstrumentsRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_LoanOriginationRiskMember" xlink:label="loc_cik0001296250_LoanOriginationRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_LoanOriginationRiskMember" xml:lang="en-US">Loan Origination Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_LoanOriginationRiskMember" xlink:to="lab_cik0001296250_LoanOriginationRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_RiskRetentionInvestmentRiskMember" xlink:label="loc_cik0001296250_RiskRetentionInvestmentRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_RiskRetentionInvestmentRiskMember" xml:lang="en-US">Risk Retention Investment Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_RiskRetentionInvestmentRiskMember" xlink:to="lab_cik0001296250_RiskRetentionInvestmentRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_ForeignLoanOriginationsMember" xlink:label="loc_cik0001296250_ForeignLoanOriginationsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_ForeignLoanOriginationsMember" xml:lang="en-US">Foreign Loan Originations [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_ForeignLoanOriginationsMember" xlink:to="lab_cik0001296250_ForeignLoanOriginationsMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001296250-20260630.xsd#cik0001296250_PrivatelyIssuedMortgageRelatedSecuritiesRiskMember" xlink:label="loc_cik0001296250_PrivatelyIssuedMortgageRelatedSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001296250_PrivatelyIssuedMortgageRelatedSecuritiesRiskMember" xml:lang="en-US">Privately Issued Mortgage Related Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001296250_PrivatelyIssuedMortgageRelatedSecuritiesRiskMember" xlink:to="lab_cik0001296250_PrivatelyIssuedMortgageRelatedSecuritiesRiskMember" />
        </link:labelLink>
      </link:linkbase>
    </appinfo>
  </annotation>
  <import namespace="http://xbrl.sec.gov/cef/2026" schemaLocation="https://xbrl.sec.gov/cef/2026/cef-2026.xsd" />
  <import namespace="http://xbrl.sec.gov/cef-pre/2026" schemaLocation="https://xbrl.sec.gov/cef/2026/cef-2026_pre.xsd" />
  <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd" />
  <import namespace="http://xbrl.sec.gov/dei/2026" schemaLocation="https://xbrl.sec.gov/dei/2026/dei-2026.xsd" />
  <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
  <import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd" />
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  <element name="AssetAllocationRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_AssetAllocationRiskMember" substitutionGroup="xbrli:item" />
  <element name="CallRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CallRiskMember" substitutionGroup="xbrli:item" />
  <element name="ConfidentialInformationAccessRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ConfidentialInformationAccessRiskMember" substitutionGroup="xbrli:item" />
  <element name="ContingentConvertibleSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ContingentConvertibleSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="ConvertibleSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ConvertibleSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="CounterpartyRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CounterpartyRiskMember" substitutionGroup="xbrli:item" />
  <element name="CovenantLiteObligationsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CovenantLiteObligationsRiskMember" substitutionGroup="xbrli:item" />
  <element name="CreditDefaultSwapsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CreditDefaultSwapsRiskMember" substitutionGroup="xbrli:item" />
  <element name="CreditRiskOneMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CreditRiskOneMember" substitutionGroup="xbrli:item" />
  <element name="CsdrRelatedRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CsdrRelatedRiskMember" substitutionGroup="xbrli:item" />
  <element name="CurrencyRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CurrencyRiskMember" substitutionGroup="xbrli:item" />
  <element name="CyberSecurityRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CyberSecurityRiskMember" substitutionGroup="xbrli:item" />
  <element name="DebtSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_DebtSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="DerivativesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_DerivativesRiskMember" substitutionGroup="xbrli:item" />
  <element name="DistressedAndDefaultedSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_DistressedAndDefaultedSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="DistributionRateRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_DistributionRateRiskMember" substitutionGroup="xbrli:item" />
  <element name="EmergingMarketsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_EmergingMarketsRiskMember" substitutionGroup="xbrli:item" />
  <element name="EquitySecuritiesAndRelatedMarketRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_EquitySecuritiesAndRelatedMarketRiskMember" substitutionGroup="xbrli:item" />
  <element name="FocusedInvestmentRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_FocusedInvestmentRiskMember" substitutionGroup="xbrli:item" />
  <element name="ForeignNonu.s.InvestmentRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ForeignNonu.s.InvestmentRiskMember" substitutionGroup="xbrli:item" />
  <element name="HighYieldSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_HighYieldSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="InflationDeflationRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_InflationDeflationRiskMember" substitutionGroup="xbrli:item" />
  <element name="InflationIndexedSecurityRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_InflationIndexedSecurityRiskMember" substitutionGroup="xbrli:item" />
  <element name="LeverageRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_LeverageRiskMember" substitutionGroup="xbrli:item" />
  <element name="LiquidityRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_LiquidityRiskMember" substitutionGroup="xbrli:item" />
  <element name="LoansAndOtherIndebtednessLoanParticipationsAndAssignmentsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_LoansAndOtherIndebtednessLoanParticipationsAndAssignmentsRiskMember" substitutionGroup="xbrli:item" />
  <element name="ManagementRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ManagementRiskMember" substitutionGroup="xbrli:item" />
  <element name="MarketDiscountRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_MarketDiscountRiskMember" substitutionGroup="xbrli:item" />
  <element name="MarketDisruptionsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_MarketDisruptionsRiskMember" substitutionGroup="xbrli:item" />
  <element name="MarketRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_MarketRiskMember" substitutionGroup="xbrli:item" />
  <element name="MortgageRelatedAndOtherAssetBackedInstrumentsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_MortgageRelatedAndOtherAssetBackedInstrumentsRiskMember" substitutionGroup="xbrli:item" />
  <element name="MortgageRelatedDerivativeInstrumentsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_MortgageRelatedDerivativeInstrumentsRiskMember" substitutionGroup="xbrli:item" />
  <element name="OperationalRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_OperationalRiskMember" substitutionGroup="xbrli:item" />
  <element name="OtherInvestmentCompaniesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_OtherInvestmentCompaniesRiskMember" substitutionGroup="xbrli:item" />
  <element name="PortfolioTurnoverRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_PortfolioTurnoverRiskMember" substitutionGroup="xbrli:item" />
  <element name="PotentialConflictsOfInterestRiskAllocationOfInvestmentOpportunitiesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_PotentialConflictsOfInterestRiskAllocationOfInvestmentOpportunitiesMember" substitutionGroup="xbrli:item" />
  <element name="PreferredSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_PreferredSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="PrivacyAndDataSecurityRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_PrivacyAndDataSecurityRiskMember" substitutionGroup="xbrli:item" />
  <element name="PrivatePlacementsAndRestrictedSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_PrivatePlacementsAndRestrictedSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="RealEstateRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_RealEstateRiskMember" substitutionGroup="xbrli:item" />
  <element name="RegulatoryChangesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_RegulatoryChangesRiskMember" substitutionGroup="xbrli:item" />
  <element name="RegulatoryRiskCommodityPoolOperatorMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_RegulatoryRiskCommodityPoolOperatorMember" substitutionGroup="xbrli:item" />
  <element name="RepurchaseAgreementsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_RepurchaseAgreementsRiskMember" substitutionGroup="xbrli:item" />
  <element name="RiskRetentionInvestmentRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_RiskRetentionInvestmentRiskMember" substitutionGroup="xbrli:item" />
  <element name="SecuritiesLendingRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_SecuritiesLendingRiskMember" substitutionGroup="xbrli:item" />
  <element name="SeniorDebtRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_SeniorDebtRiskMember" substitutionGroup="xbrli:item" />
  <element name="SovereignDebtRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_SovereignDebtRiskMember" substitutionGroup="xbrli:item" />
  <element name="StructuredInvestmentsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_StructuredInvestmentsRiskMember" substitutionGroup="xbrli:item" />
  <element name="SubprimeRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_SubprimeRiskMember" substitutionGroup="xbrli:item" />
  <element name="SyntheticConvertibleSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_SyntheticConvertibleSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="TaxRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_TaxRiskMember" substitutionGroup="xbrli:item" />
  <element name="U.s.GovernmentSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_U.s.GovernmentSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="ValuationRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ValuationRiskMember" substitutionGroup="xbrli:item" />
  <element name="ZeroCouponBondStepUpsAndPaymentInKindSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ZeroCouponBondStepUpsAndPaymentInKindSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="IssuerRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_IssuerRiskMember" substitutionGroup="xbrli:item" />
  <element name="InsuranceLinkedAndOtherInstrumentsRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_InsuranceLinkedAndOtherInstrumentsRiskMember" substitutionGroup="xbrli:item" />
  <element name="ReinvestmentRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ReinvestmentRiskMember" substitutionGroup="xbrli:item" />
  <element name="LoanOriginationRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_LoanOriginationRiskMember" substitutionGroup="xbrli:item" />
  <element name="ForeignLoanOriginationsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_ForeignLoanOriginationsMember" substitutionGroup="xbrli:item" />
  <element name="PrivatelyIssuedMortgageRelatedSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_PrivatelyIssuedMortgageRelatedSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="CommonSharesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001296250_CommonSharesMember" substitutionGroup="xbrli:item" />
</schema>
