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      </invstOrSec>
      <invstOrSec>
        <name>Carval CLO LTD</name>
        <lei>N/A</lei>
        <title>CarVal CLO III Ltd</title>
        <cusip>14686VAJ2</cusip>
        <identifiers>
          <isin value="US14686VAJ26"/>
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        <balance>1150000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1091925.000000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Canyon Capital CLO Ltd</name>
        <lei>N/A</lei>
        <title>Canyon Capital CLO 2019-1 Ltd</title>
        <cusip>13887UAG9</cusip>
        <identifiers>
          <isin value="US13887UAG94"/>
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        <balance>650000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>603175.530000000000</valUSD>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Canyon Capital CLO Ltd</name>
        <lei>N/A</lei>
        <title>Canyon Capital CLO 2016-2 Ltd</title>
        <cusip>13876WAG8</cusip>
        <identifiers>
          <isin value="US13876WAG87"/>
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        <balance>2250000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1597500.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.934710000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CIFC Funding Ltd</name>
        <lei>254900JI8OLAMXS6KW67</lei>
        <title>CIFC Funding 2019-II Ltd</title>
        <cusip>12554FAC5</cusip>
        <identifiers>
          <isin value="US12554FAC59"/>
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        <balance>6320000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3476000.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bridge Street CLO Ltd</name>
        <lei>N/A</lei>
        <title>Bridge Street CLO V Ltd</title>
        <cusip>107922AC0</cusip>
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          <isin value="US107922AC04"/>
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        <balance>20500000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12915000.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ballyrock Ltd</name>
        <lei>N/A</lei>
        <title>Ballyrock CLO 19 Ltd</title>
        <cusip>05876AAA5</cusip>
        <identifiers>
          <isin value="US05876AAA51"/>
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        <balance>4157500.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3965253.880000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Bain Capital Credit CLO, Limited</name>
        <lei>N/A</lei>
        <title>Bain Capital Credit CLO 2022-2 Ltd</title>
        <cusip>05683XAG5</cusip>
        <identifiers>
          <isin value="US05683XAG51"/>
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        <balance>1620000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1424773.800000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.01364</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Apidos CLO</name>
        <lei>5493001VH1Y9SEPJKZ47</lei>
        <title>Apidos CLO XXXIV</title>
        <cusip>03768XAE3</cusip>
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          <isin value="US03768XAE31"/>
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        <balance>14822000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6373460.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Money Management Corp</name>
        <lei>N/A</lei>
        <title>AMMC CLO 30 Ltd</title>
        <cusip>03165YAC4</cusip>
        <identifiers>
          <isin value="US03165YAC49"/>
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        <balance>1330000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>917700.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AGL CLO Ltd.</name>
        <lei>254900LDCU83O7QV9777</lei>
        <title>AGL CLO 35 Ltd</title>
        <cusip>00852LAC6</cusip>
        <identifiers>
          <isin value="US00852LAC63"/>
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        <balance>7152857.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3424549.460000000000</valUSD>
        <pctVal>2.1442008145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bain Capital Credit CLO, Limited</name>
        <lei>N/A</lei>
        <title>Bain Capital Credit CLO 2017-2 Ltd</title>
        <cusip>05682TAG5</cusip>
        <identifiers>
          <isin value="US05682TAG58"/>
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        <balance>6560000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6126889.120000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.00659</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Atlas Static Senior Loan Fund</name>
        <lei>N/A</lei>
        <title>Atlas Static Senior Loan Fund I Ltd</title>
        <cusip>04942QAA3</cusip>
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          <isin value="US04942QAA31"/>
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        <balance>1000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1003366.660000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.1831</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Atlas Senior Loan Fund LTD</name>
        <lei>N/A</lei>
        <title>Atlas Senior Loan Fund X Ltd</title>
        <cusip>04942KAA6</cusip>
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          <isin value="US04942KAA60"/>
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        <balance>1850000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1603800.690000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ARES CLO Ltd</name>
        <lei>N/A</lei>
        <title>Ares Loan Funding IX Ltd</title>
        <cusip>03990JAC8</cusip>
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          <isin value="US03990JAC80"/>
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        <curCd>USD</curCd>
        <valUSD>2268000.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Apidos CLO Ltd</name>
        <lei>213800XUV3WLXWBKOJ53</lei>
        <title>Apidos CLO XLII Ltd</title>
        <cusip>03770HAE4</cusip>
        <identifiers>
          <isin value="US03770HAE45"/>
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        <balance>1070000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>694074.230000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jubilee CDO BV</name>
        <lei>635400APBYBGXMTWEE61</lei>
        <title>Jubilee CLO 2021-XXV DAC</title>
        <cusip>BCC33DH38</cusip>
        <identifiers>
          <isin value="XS2402443902"/>
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        <balance>2000000.000000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt=".875507000000"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JCP Direct Lending CLO LLC</name>
        <lei>213800GSY7EDOILMKX81</lei>
        <title>Jefferies Credit Partners Direct Lending CLO 2024-I Ltd</title>
        <cusip>47234UAA0</cusip>
        <identifiers>
          <isin value="US47234UAA07"/>
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        <balance>1000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>993000.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-25</maturityDt>
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      <invstOrSec>
        <name>ITRX.EUR.XOVR.38.10-20</name>
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        <title>ITRX.EUR.XOVR.38.10-20</title>
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          <other otherDesc="USER DEFINED" value="ELN:ITRX.EUR.XOVER.38.10-20"/>
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        <assetCat>DCR</assetCat>
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          <swapDeriv derivCat="SWP">
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              <counterpartyName>JP Morgan</counterpartyName>
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      <invstOrSec>
        <name>Rockford Tower CLO Ltd</name>
        <lei>N/A</lei>
        <title>Rockford Tower CLO 2021-3 Ltd</title>
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          <isin value="US77341PAE07"/>
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        <balance>1950000.000000000000</balance>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Resolute Investment Equity</name>
        <lei>N/A</lei>
        <title>Resolute Investment Equity</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="ELN:LX224233"/>
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        <balance>7213.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32458.500000000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Regatta XV Funding Ltd.</name>
        <lei>N/A</lei>
        <title>Regatta XV Funding Ltd</title>
        <cusip>75888PAC7</cusip>
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          <isin value="US75888PAC77"/>
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        <balance>3500000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>350.000000000000</valUSD>
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        <invCountry>KY</invCountry>
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      <invstOrSec>
        <name>REGATTA II FUNDING LP</name>
        <lei>549300K4VRY4OIWYX443</lei>
        <title>Regatta II Funding LP</title>
        <cusip>75886J208</cusip>
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          <isin value="US75886J2087"/>
          <ticker value="RGTII"/>
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        <balance>5000.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Regatta 31 Funding Ltd.</name>
        <lei>N/A</lei>
        <title>Regatta 31 Funding Ltd</title>
        <cusip>758981AC8</cusip>
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          <isin value="US758981AC85"/>
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        <balance>1571237.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1032237.540000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ravensdale Park CLO DAC</name>
        <lei>635400MNQH1BW5SAW895</lei>
        <title>Ravensdale Park CLO DAC</title>
        <cusip>BCC3KY2J4</cusip>
        <identifiers>
          <isin value="XS3006391943"/>
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        <balance>2000000.000000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt=".875507000000"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.515000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Providus CLO</name>
        <lei>635400X4XZILCMFKAB72</lei>
        <title>Providus Clo III DAC</title>
        <cusip>BCC316F60</cusip>
        <identifiers>
          <isin value="XS2356227186"/>
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        <balance>1170000.000000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt=".875507000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.938</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PPM CLO 2 Ltd.</name>
        <lei>549300JBW1DIZLGMSY83</lei>
        <title>PPM CLO 2 Ltd</title>
        <cusip>69377RAC4</cusip>
        <identifiers>
          <isin value="US69377RAC43"/>
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        <balance>1260000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49926.600000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pikes Peak CLO</name>
        <lei>254900Y8O8REGL3BZS62</lei>
        <title>Pikes Peak CLO 3</title>
        <cusip>72132VAE1</cusip>
        <identifiers>
          <isin value="US72132VAE11"/>
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        <balance>3500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3360000.000000000000</valUSD>
        <pctVal>2.1037846937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.5382</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>Park Blue CLO Ltd</name>
        <lei>N/A</lei>
        <title>Park Blue CLO 2025-VIII Ltd</title>
        <cusip>70019XAE9</cusip>
        <identifiers>
          <isin value="US70019XAE94"/>
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        <balance>7700000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5467000.000000000000</valUSD>
        <pctVal>3.4230330120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Park Blue CLO Ltd</name>
        <lei>N/A</lei>
        <title>Park Blue CLO 2025-VIII Ltd</title>
        <cusip>70019XAC3</cusip>
        <identifiers>
          <isin value="US70019XAC39"/>
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        <balance>100000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99257.950000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.80659</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Park Blue CLO Ltd</name>
        <lei>N/A</lei>
        <title>PARK BLUE CLO 2023-III LTD</title>
        <cusip>70019BAE7</cusip>
        <identifiers>
          <isin value="US70019BAE74"/>
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        <balance>8000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3120000.000000000000</valUSD>
        <pctVal>1.9535143584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Park Avenue Institutional Advisors CLO</name>
        <lei>529900TR2RUYEEXPKF94</lei>
        <title>Park Avenue Institutional Advisers CLO Ltd 2021-2</title>
        <cusip>70019FAA6</cusip>
        <identifiers>
          <isin value="US70019FAA66"/>
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        <balance>3000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2812500.000000000000</valUSD>
        <pctVal>1.7609804914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.94471</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>Park Avenue Institutional Advisors CLO</name>
        <lei>529900NLOXP1VWSKZX10</lei>
        <title>Park Avenue Institutional Advisers CLO Ltd 2022-1</title>
        <cusip>70016DAA4</cusip>
        <identifiers>
          <isin value="US70016DAA46"/>
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        <balance>2000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1995937.250000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.96523</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>
        <name>Park Avenue Institutional Advisors CLO</name>
        <lei>529900N0O07C5QTX8E51</lei>
        <title>Park Avenue Institutional Advisers CLO Ltd 2022-2</title>
        <cusip>70017VAE5</cusip>
        <identifiers>
          <isin value="US70017VAE56"/>
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        <balance>4400000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4400000.000000000000</valUSD>
        <pctVal>2.7549561465</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.38523</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Palmer Square European Loan Funding 2022-1 DAC</name>
        <lei>549300OGFKGCPL337N48</lei>
        <title>Palmer Square European Loan Funding 2022-1 DAC</title>
        <cusip>BCC351L78</cusip>
        <identifiers>
          <isin value="XS2439767232"/>
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        <balance>2340000.000000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt=".875507000000"/>
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        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Palmer Square CLO Ltd</name>
        <lei>N/A</lei>
        <title>Palmer Square CLO 2021-1 Ltd</title>
        <cusip>69701UAC4</cusip>
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          <isin value="US69701UAC45"/>
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        <balance>2217000.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OZLM Ltd</name>
        <lei>N/A</lei>
        <title>OZLM XXIV Ltd</title>
        <cusip>67113EAA0</cusip>
        <identifiers>
          <isin value="US67113EAA01"/>
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        <balance>2600000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2285345.400000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-20</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>OZLM Ltd</name>
        <lei>5493009C40QUU66J8E83</lei>
        <title>OZLM XIX Ltd</title>
        <cusip>67112CAU1</cusip>
        <identifiers>
          <isin value="US67112CAU18"/>
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        <balance>2640000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2587200.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.56471</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OSD CLO 2023-27, Ltd.</name>
        <lei>N/A</lei>
        <title>OCP CLO 2023-27 Ltd</title>
        <cusip>671024AC1</cusip>
        <identifiers>
          <isin value="US671024AC14"/>
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        <balance>9060000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4985162.260000000000</valUSD>
        <pctVal>3.1213416839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>APID-2020-34A-FEE</name>
        <lei>N/A</lei>
        <title>APID-2020-34A-FEE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="ELN:APID-2020-34A-FEE"/>
        </identifiers>
        <balance>14822000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>444660.000000000000</valUSD>
        <pctVal>0.2784133637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Anchorage Credit Funding Ltd.</name>
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        <name>Allegro CLO Ltd</name>
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      <invstOrSec>
        <name>Allegro CLO Ltd</name>
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      <invstOrSec>
        <name>ZCLO3 2015-3A-FEE</name>
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      <invstOrSec>
        <name>ZAIS6-2017-1A-FEE</name>
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      <invstOrSec>
        <name>Zais CLO 9, Limited</name>
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        <name>Zais CLO 6 LTD</name>
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        <name>Zais CLO 6 LTD</name>
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      <invstOrSec>
        <name>ZAIS CLO 3, Limited</name>
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      <invstOrSec>
        <name>ZAIS CLO 3, LTD</name>
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        <name>ZAIS CLO 3, Limited</name>
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        <name>Zais CLO 13, Limited</name>
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        <name>WINDR-2019-3A-FEE</name>
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        <name>WINDR 2021-1A VAR FEE LETTER</name>
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        <name>Wind River CLO Ltd</name>
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        <name>Wind River CLO Ltd</name>
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        <name>Wind River CLO Ltd</name>
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        <name>Wind River CLO Ltd</name>
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        <name>Whitehorse Ltd</name>
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        <name>Wellfleet CLO Ltd</name>
        <lei>254900EH90TKUEDWUZ75</lei>
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        <name>Wellfleet CLO Ltd</name>
        <lei>254900E0WT1R93N8OQ24</lei>
        <title>Wellfleet CLO 2021-3 Ltd</title>
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        <name>Ocean Trails CLO</name>
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        <name>Venture CDO Ltd</name>
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        <name>Ellington Credit Co</name>
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        <securityLending>
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      <invstOrSec>
        <name>Elevation CLO Ltd</name>
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          <isin value="US28623GAE26"/>
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      <invstOrSec>
        <name>Eaton Vance CDO Ltd</name>
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          <isin value="US27830VAE02"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Dryden Euro CLO</name>
        <lei>635400CVKY7QXAYGH934</lei>
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        <cusip>BCC2LVQQ9</cusip>
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          <isin value="XS2063336429"/>
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        <balance>2000000.000000000000</balance>
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        <invCountry>IE</invCountry>
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          <maturityDt>2034-01-15</maturityDt>
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      <invstOrSec>
        <name>Crown City CLO I</name>
        <lei>549300K60T4GC7BSX929</lei>
        <title>Crown City CLO I</title>
        <cusip>22823TAC9</cusip>
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          <isin value="US22823TAC99"/>
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        <balance>6850000.000000000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Crown City CLO</name>
        <lei>549300TQXORNUWLBOD84</lei>
        <title>Crown City CLO II</title>
        <cusip>22823JAC1</cusip>
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          <isin value="US22823JAC18"/>
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        <balance>5217081.000000000000</balance>
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      <invstOrSec>
        <name>Crown City CLO</name>
        <lei>5493000O0QFX9SMPY639</lei>
        <title>Crown City CLO III</title>
        <cusip>228234AC4</cusip>
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          <isin value="US228234AC43"/>
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      <invstOrSec>
        <name>CRNPT 2021-11A 1/17/2034</name>
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        <title>CRNPT 2021-11A 1/17/2034</title>
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      <invstOrSec>
        <name>Clover CLO</name>
        <lei>N/A</lei>
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        <cusip>00140WBE9</cusip>
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      <invstOrSec>
        <name>CIFC Funding Ltd</name>
        <lei>N/A</lei>
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        <cusip>BCC26UNI9</cusip>
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      <invstOrSec>
        <name>CIFC Funding Ltd</name>
        <lei>254900PA63PFHC11GD90</lei>
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        <cusip>17182HAE6</cusip>
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          <isin value="US17182HAE62"/>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
        <lei>N/A</lei>
        <title>Madison Park Funding XXXIV Ltd</title>
        <cusip>55820HAC8</cusip>
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        <name>Madison Park Funding Ltd</name>
        <lei>N/A</lei>
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        <name>Madison Park Funding Ltd</name>
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        <name>Madison Park Funding Ltd</name>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
        <lei>254900END3IQSN7CTN87</lei>
        <title>Madison Park Funding XIX Ltd</title>
        <cusip>55819RAE5</cusip>
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        <name>LIBBEY GLASS INC EQUITY</name>
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        <name>LCM Ltd Partnership</name>
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        <name>LCM Ltd Partnership</name>
        <lei>N/A</lei>
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        <name>LCM 32 Ltd</name>
        <lei>549300PWEMQKJMMXR454</lei>
        <title>LCM 32 Ltd</title>
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        <balance>1640000.000000000000</balance>
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      <invstOrSec>
        <name>KKR Financial CLO Ltd</name>
        <lei>635400KULUKCVCJXZX78</lei>
        <title>KKR CLO 14 Ltd</title>
        <cusip>BCC2BBF03</cusip>
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          <isin value="USG52786AB91"/>
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        <balance>1500000.000000000000</balance>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kings Park CLO Ltd</name>
        <lei>N/A</lei>
        <title>KINGP 2021-1A SUB 01/21/2039</title>
        <cusip>496097AC0</cusip>
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          <isin value="US496097AC00"/>
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        <balance>6000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1768230.000000000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>KY</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kennedy Lewis CLO Ltd</name>
        <lei>549300OYEZ11WGJ2SS19</lei>
        <title>Kennedy Lewis CLO 9 Ltd</title>
        <cusip>37147MAC1</cusip>
        <identifiers>
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        <name>37 Capital CLO Ltd</name>
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        <name>Oaktree CLO Ltd</name>
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        <name>Oak Hill Credit Partners</name>
        <lei>N/A</lei>
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        <name>Carlyle Euro CLO</name>
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      <invstOrSec>
        <name>Careismatic Brands Warrants</name>
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        <name>Canyon Capital CLO Ltd</name>
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        <name>OCTAGON INVESTMENT PARTNERS 41</name>
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        <name>OCTAGON INVESTMENT PARTNERS 40</name>
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      <invstOrSec>
        <name>Octagon 64 Ltd</name>
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          <isin value="US67579BAA35"/>
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      <invstOrSec>
        <name>OCP Euro CLO</name>
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        <name>Canyon Capital CLO Ltd</name>
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        <name>Bridge Street CLO Ltd</name>
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        <name>Bridge Street CLO Ltd</name>
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        <name>BRDGS-2020-1A-FEE</name>
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        <name>Boyce Park CLO, LLC</name>
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        <name>Bosphorus CLO</name>
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        <name>BOBSL-2025-1A-FEE</name>
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      <invstOrSec>
        <name>BOBA-2024-2-FEE</name>
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        <title>BOBA-2024-2-FEE</title>
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          <other otherDesc="USER DEFINED" value="ELN:BOBA-2024-2-FEE"/>
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      <invstOrSec>
        <name>BNPP IP Euro CLO</name>
        <lei>635400BBJ1EYLLVTFD31</lei>
        <title>BNPP IP Euro CLO 2015-1 DAC</title>
        <cusip>BCC28WY91</cusip>
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          <isin value="XS1209234639"/>
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      <invstOrSec>
        <name>Bluemountain CLO Ltd</name>
        <lei>N/A</lei>
        <title>BlueMountain CLO XXV Ltd</title>
        <cusip>09630CAC6</cusip>
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          <isin value="US09630CAC64"/>
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        <name>RUY Index</name>
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        <name>RR 5 Ltd</name>
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      <invstOrSec>
        <name>Rockford Tower Europe CLO</name>
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        <name>Atlas Senior Loan Fund LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <maturityDt>2032-07-20</maturityDt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Atlas Senior Loan Fund LTD</name>
        <lei>529900J6GF0KI17SQP67</lei>
        <title>Atlas Senior Loan Fund XXII Ltd</title>
        <cusip>04940CAE8</cusip>
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          <isin value="US04940CAE84"/>
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        <balance>1500000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1447714.500000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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          <maturityDt>2039-04-20</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>Atlas Senior Loan Fund LTD</name>
        <lei>213800M7WM9TKCR3TF76</lei>
        <title>Atlas Senior Loan Fund XXIII Ltd</title>
        <cusip>BCC3G6BX9</cusip>
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          <isin value="USG0627TAB82"/>
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        <balance>4475000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1745250.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
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      <invstOrSec>
        <name>ARES CLO Ltd</name>
        <lei>549300ECLIGB6OZRBA51</lei>
        <title>Ares XLIII CLO Ltd</title>
        <cusip>04017AAC4</cusip>
        <identifiers>
          <isin value="US04017AAC45"/>
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        <balance>7519000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1442628.340000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARES CLO Ltd</name>
        <lei>5493005YAOTYJUJV3S58</lei>
        <title>Ares XXXIX CLO Ltd</title>
        <cusip>04016BAC3</cusip>
        <identifiers>
          <isin value="US04016BAC37"/>
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        <balance>24764000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5448080.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Aqueduct European CLO</name>
        <lei>54930004RGI0BI0FRK80</lei>
        <title>Aqueduct European Clo 7-2022 DAC</title>
        <cusip>BCC3GVLJ4</cusip>
        <identifiers>
          <isin value="XS2866434181"/>
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        <balance>1515000.000000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt=".875507000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Apidos CLO Ltd</name>
        <lei>N/A</lei>
        <title>Apidos CLO XVIII-R</title>
        <cusip>03767QAE9</cusip>
        <identifiers>
          <isin value="US03767QAE98"/>
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        <balance>4171300.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1214603.850000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Apidos CLO Ltd</name>
        <lei>2549007IRDJIM26V8J63</lei>
        <title>Apidos CLO L</title>
        <cusip>03771LAE4</cusip>
        <identifiers>
          <isin value="US03771LAE48"/>
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        <balance>6600000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4061838.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wellfleet CLO Ltd</name>
        <lei>254900E0WT1R93N8OQ24</lei>
        <title>Wellfleet CLO 2021-3 Ltd</title>
        <cusip>94951KAA5</cusip>
        <identifiers>
          <isin value="US94951KAA51"/>
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        <balance>7600000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>912000.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WELF-2021-3-FEE</name>
        <lei>N/A</lei>
        <title>WELF-2021-3-FEE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="ELN:WELF-2021-3-FEE"/>
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        <balance>7600000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>760.000000000000</valUSD>
        <pctVal>0.0004758561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Voya CLO Ltd</name>
        <lei>N/A</lei>
        <title>Voya CLO 2025-1 Ltd</title>
        <cusip>92945LAB4</cusip>
        <identifiers>
          <isin value="US92945LAB45"/>
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        <balance>5000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3550000.000000000000</valUSD>
        <pctVal>2.2227487091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Northwoods Capital Ltd</name>
        <lei>5493005SOJ8F7B634862</lei>
        <title>Northwoods Capital XI-B Ltd</title>
        <cusip>66860AAE7</cusip>
        <identifiers>
          <isin value="US66860AAE73"/>
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        <balance>1712000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1547590.400000000000</valUSD>
        <pctVal>0.9689872011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.02523</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Northwoods Capital Ltd</name>
        <lei>254900WP3D5TE62YH237</lei>
        <title>Northwoods Capital 27 Ltd</title>
        <cusip>66860YAA3</cusip>
        <identifiers>
          <isin value="US66860YAA38"/>
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        <balance>1150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>947936.450000000000</valUSD>
        <pctVal>0.5935280340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.98199</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>
      <invstOrSec>
        <name>NGC Ltd</name>
        <lei>N/A</lei>
        <title>NGC 2024-I Ltd</title>
        <cusip>652928AA0</cusip>
        <identifiers>
          <isin value="US652928AA05"/>
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        <balance>2000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2000000.000000000000</valUSD>
        <pctVal>1.2522527939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.40523</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>
        <name>New Mountain CLO Ltd</name>
        <lei>N/A</lei>
        <title>New Mountain CLO 2 Ltd</title>
        <cusip>64754KAC3</cusip>
        <identifiers>
          <isin value="US64754KAC36"/>
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        <balance>11960000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5142800.000000000000</valUSD>
        <pctVal>3.2200428341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Constellis Holdings Inc</name>
        <lei>N/A</lei>
        <title>New Constellis Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="ELN:LX187644"/>
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        <balance>7104.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376.510000000000</valUSD>
        <pctVal>0.0002357428</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Neuberger Berman CLO Ltd</name>
        <lei>549300XVEYZNG956Y145</lei>
        <title>Neuberger Berman CLO XVII Ltd</title>
        <cusip>64129VAB9</cusip>
        <identifiers>
          <isin value="US64129VAB99"/>
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        <balance>8280000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1355013.720000000000</valUSD>
        <pctVal>0.8484098583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nassau Euro CLO DAC</name>
        <lei>549300EIADBLUQHC0A87</lei>
        <title>Nassau Euro CLO III DAC</title>
        <cusip>BCC3P84S4</cusip>
        <identifiers>
          <isin value="XS3150863960"/>
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        <balance>1065000.000000000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt=".875507000000"/>
        <valUSD>1085524.170000000000</valUSD>
        <pctVal>0.6796753373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.374</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>N/A</name>
        <lei>N/A</lei>
        <title>EURO FX CURR FUT  Sep26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ECU6"/>
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        <balance>-120.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1863040</valUSD>
        <pctVal>1.1664985225</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Wells Fargo Securities, LLC</counterpartyName>
              <counterpartyLei>VYVVCKR63DVZZN70PB21</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Euro/US Dollar Cross Currency Rate</issuerName>
                <issueTitle>Euro/US Dollar Cross Currency Rate</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="EC_Curncy"/>
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            </descRefInstrmnt>
            <expDate>2026-09-14</expDate>
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            <curCd>USD</curCd>
            <unrealizedAppr>186040.000000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOUNTAIN VIEW CLO</name>
        <lei>N/A</lei>
        <title>Mountain View CLO 2017-2 LLC</title>
        <cusip>BCC2F2R97</cusip>
        <identifiers>
          <isin value="USG6300YAG73"/>
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        <balance>3000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300.750000000000</valUSD>
        <pctVal>0.0001883075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORAN FOODS LLC</name>
        <lei>N/A</lei>
        <title>MORAN FOODS LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="ELN:MORAN FOODS"/>
        </identifiers>
        <balance>539650.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>MORAN FOODS 2026 1L SECOND OUT</name>
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          <other otherDesc="USER DEFINED" value="ELN:MORAN_FOODS_FLSO_2026"/>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>MORAN FOODS 2026 1L FIRST OUT</name>
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      <invstOrSec>
        <name>Monroe Capital MML CLO VI LTD</name>
        <lei>254900SICWP7QQDX8T50</lei>
        <title>Monroe Capital MML CLO VI Ltd</title>
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      <invstOrSec>
        <name>Marble Point CLO</name>
        <lei>549300MZC31PBFF01E87</lei>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Marathon CLO LTD</name>
        <lei>549300VP041FQCCCOP44</lei>
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          <isin value="US56581DAE04"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Marathon CLO LTD</name>
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          <isin value="USG58062AD59"/>
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        <debtSec>
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        <securityLending>
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      <invstOrSec>
        <name>Magnetite CLO Ltd</name>
        <lei>549300RI4HRUG7CFWM27</lei>
        <title>Magnetite Xxx Ltd</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
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      <invstOrSec>
        <name>St Pauls CLO</name>
        <lei>549300IMSL8GGSOV5A04</lei>
        <title>St Paul's CLO IV DAC</title>
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          <isin value="XS1852567079"/>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St Pauls CLO</name>
        <lei>5493005PKRP7MRYF1M95</lei>
        <title>St Paul's CLO IX DAC</title>
        <cusip>BCC3536K2</cusip>
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          <isin value="XS2443907493"/>
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        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2035-07-20</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>SOLARAY PREFERRED EQUITY B-1</name>
        <lei>N/A</lei>
        <title>SOLARAY PREFERRED EQUITY B-1</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <name>SOLARAY PREFERRED EQUITY A-1</name>
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        <name>SOLARAY PREFERRED EQUITY A</name>
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        <name>SOLARAY LLC TERM  1L Sr. Secd</name>
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          <other otherDesc="USER DEFINED" value="ELN:LX155449"/>
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        <name>SOLARAY LLC DELAYED DRAW TL (Add-On)</name>
        <lei>N/A</lei>
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          <couponKind>None</couponKind>
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        <name>SOLARAY LLC DELAYED DRAW TL</name>
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        <debtSec>
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          <couponKind>None</couponKind>
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        <name>SOLARAY COMMON EQUITY</name>
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      <invstOrSec>
        <name>Sixth Street CLO LTD.</name>
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      <invstOrSec>
        <name>Saratoga Investment Corp CLO Ltd</name>
        <lei>549300471O2DE0Y4L506</lei>
        <title>Saratoga Investment Corp CLO 2013-1 Ltd</title>
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      <invstOrSec>
        <name>St Pauls CLO</name>
        <lei>549300IMSL8GGSOV5A04</lei>
        <title>St Paul's CLO IV DAC</title>
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          <isin value="XS1852566857"/>
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        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2030-04-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Vibrant CLO Ltd</name>
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        <name>Venture CDO Ltd</name>
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        <name>Venture CDO Ltd</name>
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      <invstOrSec>
        <name>St Pauls CLO</name>
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        <name>St Pauls CLO</name>
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      <invstOrSec>
        <name>Invesco Euro CLO XIV DAC</name>
        <lei>635400MNIFG73L1C7S65</lei>
        <title>Invesco Euro CLO XIV DAC</title>
        <cusip>BCC3J9996</cusip>
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          <isin value="XS2939411141"/>
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        <balance>250000.000000000000</balance>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco Euro CLO</name>
        <lei>549300GHZE7CYFQDBC40</lei>
        <title>Invesco Euro CLO I DAC</title>
        <cusip>BCC3X10L9</cusip>
        <identifiers>
          <isin value="XS3339807896"/>
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        <balance>197.000000000000</balance>
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        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
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      <invstOrSec>
        <name>Invesco Euro CLO</name>
        <lei>5493004UWK07M4U35L23</lei>
        <title>Invesco Euro CLO V DAC</title>
        <cusip>BCC2Q8F53</cusip>
        <identifiers>
          <isin value="XS2269331406"/>
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        <balance>1720000.000000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt=".875507000000"/>
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        <assetCat>ABS-CBDO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>ICG US CLO Ltd</name>
        <lei>N/A</lei>
        <title>ICG US Clo 2021-3 Ltd</title>
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          <isin value="US449249AL54"/>
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        <balance>2600000.000000000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>ICG US CLO Ltd</name>
        <lei>25490053S2JSJU63Y978</lei>
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          <isin value="US44928YAN22"/>
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      <invstOrSec>
        <name>HPS Private Credit CLO</name>
        <lei>N/A</lei>
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        <cusip>40443QAJ2</cusip>
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          <isin value="US40443QAJ22"/>
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        <curCd>USD</curCd>
        <valUSD>3555325.000000000000</valUSD>
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        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>HPS Loan Management Ltd</name>
        <lei>213800UJ8Z9IW1VRPP64</lei>
        <title>HPS Loan Management 2025-24 Ltd</title>
        <cusip>44332YAE2</cusip>
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          <isin value="US44332YAE23"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Henley Funding Ltd.</name>
        <lei>635400GYWK6CANWU6S92</lei>
        <title>Henley Clo XIII DAC</title>
        <cusip>BCC3N3P39</cusip>
        <identifiers>
          <isin value="XS3113306750"/>
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        <balance>1000000.000000000000</balance>
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        <pctVal>0.7137115620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.624</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Harvest CLO</name>
        <lei>635400UTMKWBSVMHDJ97</lei>
        <title>Harvest Clo XXIX DAC</title>
        <cusip>BCC3GDSD0</cusip>
        <identifiers>
          <isin value="XS2848257643"/>
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        <balance>3000000.000000000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt=".875507000000"/>
        <valUSD>3049660.650000000000</valUSD>
        <pctVal>1.9094730346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.824</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHIEF POWER REORG EQUITY</name>
        <lei>N/A</lei>
        <title>CHIEF POWER REORG EQUITY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="ELN:CHIEF-POWER-REORG"/>
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        <curCd>USD</curCd>
        <valUSD>40000.000000000000</valUSD>
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        <issuerCat>PF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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      <invstOrSec>
        <name>Cedar Funding Ltd</name>
        <lei>N/A</lei>
        <title>Cedar Funding IX CLO Ltd</title>
        <cusip>15033FAC9</cusip>
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          <isin value="US15033FAC95"/>
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        <balance>3950000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>869000.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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      <invstOrSec>
        <name>CDXIG46_SP26_P85</name>
        <lei>N/A</lei>
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        <balance>1.000000000000</balance>
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        <valUSD>61276.900000000000</valUSD>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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              <counterpartyName>JP Morgan</counterpartyName>
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      <invstOrSec>
        <name>CDXIG46_OCT26_P85</name>
        <lei>N/A</lei>
        <title>CDXIG46_OCT26_P85</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="ELN:CDXIG46_OCT26_P85"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>119415.350000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JP Morgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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              <otherRefInst>
                <issuerName>CDX.NA.IG.S46</issuerName>
                <issueTitle>CDX.NA.IG.S46</issueTitle>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
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            <unrealizedAppr>-25585</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CDXHY46_SP26_P99</name>
        <lei>N/A</lei>
        <title>CDXHY46_SP26_P99</title>
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          <other otherDesc="USER DEFINED" value="ELN:CDXHY46_SEP26_P99"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>135052.460000000000</valUSD>
        <pctVal>0.0845599102</pctVal>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JP Morgan</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CDX.NA.HY.S46</issuerName>
                <issueTitle>CDX.NA.HY.S46</issueTitle>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
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            <notionalAmt>100000000.000000000000</notionalAmt>
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            <unrealizedAppr>-464948</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OHA Loan Funding Ltd</name>
        <lei>N/A</lei>
        <title>OHA Loan Funding 2013-1 Ltd</title>
        <cusip>BCC23IKH4</cusip>
        <identifiers>
          <isin value="USG6722KAC65"/>
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        <balance>875000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261553.210000000000</valUSD>
        <pctVal>0.1637653690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Octagon Investment Partners Ltd</name>
        <lei>N/A</lei>
        <title>Octagon Investment Partners 18-R Ltd</title>
        <cusip>BCC2G0YK7</cusip>
        <identifiers>
          <isin value="USG67109AC56"/>
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        <balance>5000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1500.000000000000</valUSD>
        <pctVal>0.0009391896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Octagon Investment Partners Ltd</name>
        <lei>N/A</lei>
        <title>Octagon Investment Partners 18-R Ltd</title>
        <cusip>67590KAE0</cusip>
        <identifiers>
          <isin value="US67590KAE01"/>
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        <balance>3651162.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1095.350000000000</valUSD>
        <pctVal>0.0006858275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unity-Peace Park CLO, Ltd.</name>
        <lei>N/A</lei>
        <title>Unity-Peace Park CLO Ltd</title>
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        <name>Toro European CLO</name>
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        <name>Tikehau</name>
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        <name>TCW Gem Ltd</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Government Institutional Class</name>
        <lei>N/A</lei>
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        <cusip>38141W273</cusip>
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          <ticker value="FGTXX"/>
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        <curCd>USD</curCd>
        <valUSD>23317057.28</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-744000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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            <repurchaseCollateral>
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              <collateralVal>1488000</collateralVal>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1566000</balance>
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        <descOthUnits>Private Investment</descOthUnits>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="7TK5RJIZDFROZCA6XF66" name="MIZUHO SECURITIES, LLC"/>
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            <repurchaseCollateral>
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              <collateralVal>2308750</collateralVal>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1004000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
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        <balance>-801820.89</balance>
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        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
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          <isTriParty>N</isTriParty>
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            <repurchaseCollateral>
              <principalAmt>-801820.89</principalAmt>
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              <collateralVal>950384.28</collateralVal>
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              <invstCat>ABS</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-2155771</balance>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="549300LGG2RLWD21SU97" name="SANTANDER US CAPITAL MARKETS LLC"/>
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            <repurchaseCollateral>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-693272.67</balance>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="BFM8T61CT2L1QCEMIK50" name="UBS, LLC"/>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1418000</balance>
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          <transCat>Reverse repurchase</transCat>
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              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <assetCat>RA</assetCat>
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          <transCat>Reverse repurchase</transCat>
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              <counterpartyInfo lei="549300LCO2FLSSVFFR64" name="RBC CAPITAL MARKETS, LLC"/>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
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          <transCat>Reverse repurchase</transCat>
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            <repurchaseCollateral>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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            <repurchaseCollateral>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <assetCat>RA</assetCat>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
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            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-2718750</balance>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="549300LGG2RLWD21SU97" name="SANTANDER US CAPITAL MARKETS LLC"/>
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          <isTriParty>N</isTriParty>
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          <repurchaseCollaterals>
            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-626000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
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              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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            <repurchaseCollateral>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <transCat>Reverse repurchase</transCat>
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              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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            <repurchaseCollateral>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <transCat>Reverse repurchase</transCat>
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            <repurchaseCollateral>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1024000</balance>
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        <assetCat>RA</assetCat>
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          <transCat>Reverse repurchase</transCat>
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            <counterpartyInfos>
              <counterpartyInfo lei="549300LCO2FLSSVFFR64" name="RBC CAPITAL MARKETS, LLC"/>
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            <repurchaseCollateral>
              <principalAmt>-1024000</principalAmt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-3740343.75</balance>
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          <transCat>Reverse repurchase</transCat>
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              <counterpartyInfo lei="L3I9ZG2KFGXZ61BMYR72" name="Bank of Nova Scotia"/>
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            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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        <balance>-2548000</balance>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1527000</balance>
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        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-1527000</valUSD>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="7TK5RJIZDFROZCA6XF66" name="MIZUHO SECURITIES, LLC"/>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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        <balance>-678000</balance>
        <units>OU</units>
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          <transCat>Reverse repurchase</transCat>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <pctVal>-0.2673559715</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="7TK5RJIZDFROZCA6XF66" name="MIZUHO SECURITIES, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>5.49</repurchaseRt>
          <maturityDt>2026-08-22</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-427000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>840694</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-531000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-531000</valUSD>
        <pctVal>-0.3324731168</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>5.61369</repurchaseRt>
          <maturityDt>2026-09-11</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-531000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>1065000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-1217000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-1217000</valUSD>
        <pctVal>-0.7619958251</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.80107</repurchaseRt>
          <maturityDt>2026-08-18</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1217000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>1557442</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-578000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-578000</valUSD>
        <pctVal>-0.3619010574</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.75107</repurchaseRt>
          <maturityDt>2026-08-14</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-578000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>750000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-1178000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-1178000</valUSD>
        <pctVal>-0.7375768956</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="549300LCO2FLSSVFFR64" name="RBC CAPITAL MARKETS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.72</repurchaseRt>
          <maturityDt>2026-09-17</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1178000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>1721535.27</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-2112000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-2112000</valUSD>
        <pctVal>-1.3223789503</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.76369</repurchaseRt>
          <maturityDt>2026-09-11</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-2112000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>2782500</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
        </identifiers>
        <balance>-1594504.22</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
        <valUSD>-1594504.22</valUSD>
        <pctVal>-0.9983611822</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.134</repurchaseRt>
          <maturityDt>2026-08-12</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1594504.22</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>2025000</collateralVal>
              <collateralCd>EUR</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
        </identifiers>
        <balance>-1730271.23</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
        <valUSD>-1730271.23</valUSD>
        <pctVal>-1.0833684909</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.18</repurchaseRt>
          <maturityDt>2026-09-16</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1730271.23</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>1981540</collateralVal>
              <collateralCd>EUR</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
        </identifiers>
        <balance>-1313917.17</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
        <valUSD>-1313917.17</valUSD>
        <pctVal>-0.8226782235</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.151</repurchaseRt>
          <maturityDt>2026-09-10</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1313917.17</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>1504818.12</collateralVal>
              <collateralCd>EUR</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
        </identifiers>
        <balance>-715253.93</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
        <valUSD>-715253.93</valUSD>
        <pctVal>-0.4478393661</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.1</repurchaseRt>
          <maturityDt>2026-08-04</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-715253.93</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>952427.97</collateralVal>
              <collateralCd>EUR</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
        </identifiers>
        <balance>-1313979.53</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
        <valUSD>-1313979.53</valUSD>
        <pctVal>-0.8227172688</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="BFM8T61CT2L1QCEMIK50" name="UBS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.095</repurchaseRt>
          <maturityDt>2026-08-18</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1313979.53</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>1780000</collateralVal>
              <collateralCd>EUR</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
        </identifiers>
        <balance>-684294.74</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
        <valUSD>-684294.74</valUSD>
        <pctVal>-0.4284550000</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.203</repurchaseRt>
          <maturityDt>2026-09-25</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-684294.74</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>890000</collateralVal>
              <collateralCd>EUR</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
        </identifiers>
        <balance>-1021836.98</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
        <valUSD>-1021836.98</valUSD>
        <pctVal>-0.6397991065</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="BFM8T61CT2L1QCEMIK50" name="UBS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.095</repurchaseRt>
          <maturityDt>2026-08-18</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1021836.98</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>1369837.23</collateralVal>
              <collateralCd>EUR</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
        <title>EUR REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
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        <balance>-1503128.62</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
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        <assetCat>RA</assetCat>
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          <notClearedCentCparty isCleared="N">
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            <repurchaseCollateral>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
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        <balance>-2032170.5</balance>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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          <isTriParty>N</isTriParty>
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            <repurchaseCollateral>
              <principalAmt>-2032170.5</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>2630470.35</collateralVal>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
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        <balance>-801820.89</balance>
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        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
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          <isTriParty>N</isTriParty>
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            <repurchaseCollateral>
              <principalAmt>-801820.89</principalAmt>
              <principalCd>EUR</principalCd>
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              <invstCat>ABS</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="EUR REPO"/>
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        <balance>-1586508.86</balance>
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        <descOthUnits>Private Investment</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.875507"/>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
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          <isTriParty>N</isTriParty>
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          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1586508.86</principalAmt>
              <principalCd>EUR</principalCd>
              <collateralVal>1932420</collateralVal>
              <collateralCd>EUR</collateralCd>
              <invstCat>ABS</invstCat>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-326000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-326000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="AC28XWWI3WIBK2824319" name="BARCLAYS CAPITAL, LLC"/>
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          <isTriParty>N</isTriParty>
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          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-326000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>694074.23</collateralVal>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1914000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="AC28XWWI3WIBK2824319" name="BARCLAYS CAPITAL, LLC"/>
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          <isTriParty>N</isTriParty>
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          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1914000</principalAmt>
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              <collateralVal>4061838</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-407000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
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        <valUSD>-407000</valUSD>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="7TK5RJIZDFROZCA6XF66" name="MIZUHO SECURITIES, LLC"/>
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            <repurchaseCollateral>
              <principalAmt>-407000</principalAmt>
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              <collateralVal>772800</collateralVal>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1299000</balance>
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        <curCd>USD</curCd>
        <valUSD>-1299000</valUSD>
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        <assetCat>RA</assetCat>
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          <transCat>Reverse repurchase</transCat>
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            <repurchaseCollateral>
              <principalAmt>-1299000</principalAmt>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1650000</balance>
        <units>OU</units>
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        <valUSD>-1650000</valUSD>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="549300LGG2RLWD21SU97" name="SANTANDER US CAPITAL MARKETS LLC"/>
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            <repurchaseCollateral>
              <principalAmt>-1650000</principalAmt>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1034000</balance>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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        <balance>-1184000</balance>
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        <curCd>USD</curCd>
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        <assetCat>RA</assetCat>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
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            <repurchaseCollateral>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-751000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-751000</valUSD>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
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            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
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          <isTriParty>N</isTriParty>
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          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-751000</principalAmt>
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              <collateralVal>1003366.66</collateralVal>
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              <invstCat>ABS</invstCat>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-4322000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-4322000</valUSD>
        <pctVal>-2.7061182875</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="549300LCO2FLSSVFFR64" name="RBC CAPITAL MARKETS, LLC"/>
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          <isTriParty>N</isTriParty>
          <repurchaseRt>4.77</repurchaseRt>
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          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-4322000</principalAmt>
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              <collateralVal>6126889.12</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-994000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="549300LCO2FLSSVFFR64" name="RBC CAPITAL MARKETS, LLC"/>
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          <isTriParty>N</isTriParty>
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            <repurchaseCollateral>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1001000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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          <isTriParty>N</isTriParty>
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            <repurchaseCollateral>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1824000</balance>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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          <isTriParty>N</isTriParty>
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            <repurchaseCollateral>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-1416000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="7TK5RJIZDFROZCA6XF66" name="MIZUHO SECURITIES, LLC"/>
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          <isTriParty>N</isTriParty>
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            <repurchaseCollateral>
              <principalAmt>-1416000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>2031507.1</collateralVal>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-1082000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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          <isTriParty>N</isTriParty>
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            <repurchaseCollateral>
              <principalAmt>-1082000</principalAmt>
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              <collateralVal>2308800</collateralVal>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <units>OU</units>
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        <assetCat>RA</assetCat>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
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            <repurchaseCollateral>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-753000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="7TK5RJIZDFROZCA6XF66" name="MIZUHO SECURITIES, LLC"/>
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            <repurchaseCollateral>
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              <collateralVal>1505000</collateralVal>
              <collateralCd>USD</collateralCd>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1479000</balance>
        <units>OU</units>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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            <repurchaseCollateral>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-738000</balance>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-423000</balance>
        <units>OU</units>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-859000</balance>
        <units>OU</units>
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          <transCat>Reverse repurchase</transCat>
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            <repurchaseCollateral>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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        <balance>-765000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <balance>-1238000</balance>
        <units>OU</units>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="549300LCO2FLSSVFFR64" name="RBC CAPITAL MARKETS, LLC"/>
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          <isTriParty>N</isTriParty>
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          <maturityDt>2026-08-14</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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            <repurchaseCollateral>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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            <counterpartyInfos>
              <counterpartyInfo lei="549300LGG2RLWD21SU97" name="SANTANDER US CAPITAL MARKETS LLC"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <name>USD REPO</name>
        <lei>N/A</lei>
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        <name>USD REPO</name>
        <lei>N/A</lei>
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        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <securityLending>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>EUR REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <name>USD REPO</name>
        <lei>N/A</lei>
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        <name>USD REPO</name>
        <lei>N/A</lei>
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        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="USD REPO"/>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <name>USD REPO</name>
        <lei>N/A</lei>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-2661168.75</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-2661168.75</valUSD>
        <pctVal>-1.6662280011</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="L3I9ZG2KFGXZ61BMYR72" name="Bank of Nova Scotia"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.7</repurchaseRt>
          <maturityDt>2026-08-14</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-2661168.75</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>3555325</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-1723000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-1723000</valUSD>
        <pctVal>-1.0788157819</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="R0MUWSFPU8MPRO8K5P83" name="BNP PARIBAS, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>5.60811</repurchaseRt>
          <maturityDt>2026-09-02</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-1723000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>3522375</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-849000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-849000</valUSD>
        <pctVal>-0.5315813110</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="7TK5RJIZDFROZCA6XF66" name="MIZUHO SECURITIES, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.83</repurchaseRt>
          <maturityDt>2026-09-30</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-849000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>1146500</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-861000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-861000</valUSD>
        <pctVal>-0.5390948278</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="7TK5RJIZDFROZCA6XF66" name="MIZUHO SECURITIES, LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.94</repurchaseRt>
          <maturityDt>2026-08-24</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-861000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>1245000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USD REPO</name>
        <lei>N/A</lei>
        <title>USD REPO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="USD REPO"/>
        </identifiers>
        <balance>-750000</balance>
        <units>OU</units>
        <descOthUnits>Private Investment</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-750000</valUSD>
        <pctVal>-0.4695947977</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="2IGI19DL77OX0HC3ZE78" name="Canadian Imperial Bank of Commerce"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.7861</repurchaseRt>
          <maturityDt>2026-08-27</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>-750000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>1000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="We have followed the convention of DV01 representing the change in value for a 1 bp decrease in interest rates. The results are based on our models and account for all effects we believe are material to the valuation of the instrument, including changes in cashflows and discounting. We have interpreted the maturity buckets as tenors of interest rate exposure, rather than legal maturity related instruments, as we believe this most accurately captures the risk provide of the portfolio. In particular, for bonds in the portfolio, we have used the expected weighted average life of the instruments rather than our legal maturity." noteItem="B.3.a"/>
      <explntrNote note="The results do not include the fund's unsecured debt, which is marked to market, and has associated interest rate hedges which are included.  A summary of interest rate risk with and without the unsecured debt follows: For the Portfolio Excluding Unsecured Debt, DV01 = 22,283; For the Unsecured Debt, DV01 = -17,946; and for the Portfolio Including Unsecured Debt, DV01 = 4,337." noteItem="B.3.a"/>
      <explntrNote note="The results are for a 100 bp decrease in interest rates, following the same conventions described in part a. Given that for shocks of this magnitude there may be asymmetries between the effects from upward and downward rate changes, we also disclose the effects of a 100 bp increase in interest rates here: DV100 - Rates Up for USD 3M = -1,803, 1Y = -380,552, 5Y = -1,705,402, 10Y = 16,096, 30Y = -5,936; DV100 - Rates Up for EUR 3M = -27,777, 1Y = -93,897, 5Y = -3,162, 10Y = 839, 30Y = 0.  The results do not include the fund's unsecured debt, which is marked to market, and has associated interest rate hedges which are included.  A summary of interest rate risk with and without the unsecured follows: For the Portfolio Excluding Unsecured Debt, DV100 - Rates Down = 2,255,400, DV100 - Rates Up = -2,201,234; For the Unsecured Debt, DV100 - Rates Down = -1,718,809, DV100 - Rates Up = 1,870,421; and for the Portfolio Including Unsecured Debt, DV100 - Rates Down = 536,591, DV100 - Rates Up = -330,813." noteItem="B.3.b"/>
      <explntrNote note="The results are for a 1 bp decrease in credit spreads, and following the same maturity bucketing conventions as in parts a and b." noteItem="B.3.c"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-08-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Ellington Credit Co</ncom:nameOfApplicant>
      <ncom:signature>/s/ Chris Smernoff</ncom:signature>
      <ncom:signerName>Chris Smernoff</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>