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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CEC Entertainment, Inc.</title>
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          <ticker value="10000941"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CVC European Mid-Market Solutions Fund</title>
        <cusip>N/A</cusip>
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          <other otherDesc="INTERNAL ID" value="CVC-PCF"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Next Flight Ventures, First Lien Term Loan</title>
        <cusip>N/A</cusip>
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          <ticker value="10002308"/>
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        <balance>4911188.08000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4764834.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Octagon Investments Partners 36, Ltd.</name>
        <lei>549300S890TBOLY1D042</lei>
        <title>Octagon Investment Partners 36, Ltd.</title>
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          <isin value="US67591QAC06"/>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Canyon Capital CLO Ltd</name>
        <lei>549300W778MFSPI8C872</lei>
        <title>Canyon Capital CLO 2014-1, Ltd.</title>
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          <isin value="US13875JAJ25"/>
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        <invCountry>KY</invCountry>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>SouthStreet Securities Holdings, Inc., Warrants</title>
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          <ticker value="10001752"/>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>VBC Spine Opco LLC (DxTx Pain and Spine LLC), Delayed Draw Term Loan</title>
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          <ticker value="10002045"/>
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        <balance>1088587.72000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Phoenix Aviation Capital LLC, Common Stock</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002920"/>
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        <balance>1.26000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>85997.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Franklin BSP Capital Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="1000263A"/>
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        <balance>60385.44500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VBC Spine Opco LLC (DxTx Pain and Spine LLC), First Lien Term Loan</title>
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        <identifiers>
          <ticker value="10002044"/>
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        <balance>1875122.05000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1875122.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.52480000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Diamanti</name>
        <lei>N/A</lei>
        <title>Diamanti, Inc., Subordinated Note</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001586"/>
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        <balance>4829278.58000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5122415.79000000</valUSD>
        <pctVal>2.734057204846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>17.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jmp Credit Advisors Clo Ltd</name>
        <lei>2549000IZRZZJ8TS9W23</lei>
        <title>JMP Credit Advisors CLO V, Ltd.</title>
        <cusip>466271AD5</cusip>
        <identifiers>
          <ticker value="10001291"/>
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        <balance>4486425.72000000</balance>
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        <curCd>USD</curCd>
        <valUSD>286233.96000000</valUSD>
        <pctVal>0.152775575566</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Upstream Newco, Inc., Second Lien Term Loan</title>
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          <ticker value="10003190"/>
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        <balance>7500000.00000000</balance>
        <units>PA</units>
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        <invCountry>US</invCountry>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Money Transfer Acquisition Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001856"/>
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        <balance>5851039.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5821784.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.07000000</annualizedRt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Florida Food Products, LLC, Third Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003113"/>
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        <balance>4761956.52000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3214320.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Bcp Investment Corp</name>
        <lei>254900YM5BVQKA01I468</lei>
        <title>BCP Investment Corp.</title>
        <cusip>73688F201</cusip>
        <identifiers>
          <isin value="US73688F2011"/>
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        <balance>31482.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>372432.06000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Copper Property Ctl Pass Through Trust</name>
        <lei>N/A</lei>
        <title>Copper Property CTL Pass Through Trust</title>
        <cusip>217519107</cusip>
        <identifiers>
          <isin value="US2175191079"/>
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        <balance>319520.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Cion Investment Corp</name>
        <lei>549300XN70JLF94XKX80</lei>
        <title>CION Investment Corp.</title>
        <cusip>17259U204</cusip>
        <identifiers>
          <isin value="US17259U2042"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Newbury Franklin Industrials, LLC, Delayed Draw Term Loan</title>
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        <identifiers>
          <ticker value="10002709"/>
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        <balance>452813.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>442717.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DxTx Pain and Spine LLC, Common Units</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002047"/>
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        <balance>98854.03000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>195467.09000000</valUSD>
        <pctVal>0.104329329682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>American Academy Holdings</name>
        <lei>N/A</lei>
        <title>American Academy Holdings, LLC, Second Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001493"/>
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        <balance>4888061.39420000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4814740.47000000</valUSD>
        <pctVal>2.569837438258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>14.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BrightPet</name>
        <lei>N/A</lei>
        <title>BrightPet, Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10000920"/>
        </identifiers>
        <balance>522777.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>458736.84000000</valUSD>
        <pctVal>0.244847902620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.99670000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Phoenix Finance, Inc., Second Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002834"/>
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        <balance>1637268.95000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1502030.53000000</valUSD>
        <pctVal>0.801699346715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.32190000</annualizedRt>
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          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Spanish Broadcasting Sys</name>
        <lei>5493005DKYB1X4C9LH64</lei>
        <title>Spanish Broadcasting System, Inc.</title>
        <cusip>846425AQ9</cusip>
        <identifiers>
          <isin value="US846425AQ94"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1987500.00000000</valUSD>
        <pctVal>1.060815622433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</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>N/A</name>
        <lei>N/A</lei>
        <title>Phoenix Aviation Capital LLC, Preferred</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002961"/>
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        <balance>454728.72000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>400752.42000000</valUSD>
        <pctVal>0.213899083202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Ivanti Security Holdings LLC, NewCo First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002908"/>
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        <balance>295320.24000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>305595.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.63930000</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>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BlackRock Global Credit Opportunities Fund, LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="GCO-PCF"/>
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        <balance>31423660.36040000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6429972.23000000</valUSD>
        <pctVal>3.431957229382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOUNT LOGAN FUNDING 2018-1 LP</name>
        <lei>54930018JSRPYZJUUR90</lei>
        <title>Mount Logan Funding 2018-1 LP</title>
        <cusip>62188AAC5</cusip>
        <identifiers>
          <isin value="US62188AAC53"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1872900.00000000</valUSD>
        <pctVal>0.999648593336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>22.14000000</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>Great Lakes Funding II LLC, Series B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003056"/>
        </identifiers>
        <balance>366564.08000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>340729.35000000</valUSD>
        <pctVal>0.181862147170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TA/WEG Holdings, LLC, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001594"/>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX204943"/>
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        <balance>1994892.94000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1994892.94000000</valUSD>
        <pctVal>1.064761557652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-02</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Kofax, Inc., Second Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001698"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3580000.00000000</valUSD>
        <pctVal>1.910802479653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-20</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Middle West Spirits Holdings, LLC, Preferred</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002871"/>
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        <balance>467767.88000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>536763.64000000</valUSD>
        <pctVal>0.286494216284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Diamanti</name>
        <lei>N/A</lei>
        <title>Diamanti, Inc., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001587"/>
        </identifiers>
        <balance>146413.17600000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Warrants that do not meet the definition of a derivative."/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VTX Intermediate Holdings, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002728"/>
        </identifiers>
        <balance>1156218.21000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1141765.48000000</valUSD>
        <pctVal>0.609410142560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.98320000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Middle West Spirits Holdings, LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002860"/>
        </identifiers>
        <balance>1871527.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1835032.97000000</valUSD>
        <pctVal>0.979437304280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.10980000</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>Princeton Medspa Partners, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002517"/>
        </identifiers>
        <balance>0.01000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3983.68000000</valUSD>
        <pctVal>0.002126264140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Warrants that do not meet the definition of a derivative."/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Riddell Inc</name>
        <lei>N/A</lei>
        <title>Riddell Inc., First Lien Term Loan</title>
        <cusip>76566PAB6</cusip>
        <identifiers>
          <ticker value="10002430"/>
        </identifiers>
        <balance>3384123.66000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3384123.66000000</valUSD>
        <pctVal>1.806254715358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.73560000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BetaNXT, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001685"/>
        </identifiers>
        <balance>2026795.75600000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1966843.14000000</valUSD>
        <pctVal>1.049790153352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.42190000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Accordion Partners LLC, Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003193"/>
        </identifiers>
        <balance>1664805.37000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1664805.37000000</valUSD>
        <pctVal>0.888579393613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <maturityDt>2031-11-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.70470000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VTX Intermediate Holdings, Inc., Second Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002729"/>
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        <balance>2050757.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1994361.45000000</valUSD>
        <pctVal>1.064477878208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Hunter Point Capital Structured Notes Issuer, LLC, Subordinated Delayed Draw Notes</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001717"/>
        </identifiers>
        <balance>4056504.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6072993.37000000</valUSD>
        <pctVal>3.241422008468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Phoenix Finance, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002837"/>
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        <balance>916755.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>895211.56000000</valUSD>
        <pctVal>0.477813538732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.67190000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Aperture Dodge 18 LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001700"/>
        </identifiers>
        <balance>2065240.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1293911.42000000</valUSD>
        <pctVal>0.690617080946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Epic Staffing</name>
        <lei>N/A</lei>
        <title>Epic Staffing Group, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001676"/>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX205939"/>
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        <balance>1934185.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1648892.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.73000000</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>Metrc Inc., Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10023414"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44.00000000</valUSD>
        <pctVal>0.000023484723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Monroe Capital Private Credit Fund III LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="MON-PCF"/>
        </identifiers>
        <balance>8646147.41050000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3716460.00000000</valUSD>
        <pctVal>1.983637146238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Pelham S2K SBIC II, L.P.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001834"/>
        </identifiers>
        <balance>512671.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>518596.45000000</valUSD>
        <pctVal>0.276797592904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Ivanti Software, Inc., Second Lien Initial Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002903"/>
        </identifiers>
        <balance>4040000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1688720.00000000</valUSD>
        <pctVal>0.901343676938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.40090000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ancile Solutions, Inc.</name>
        <lei>N/A</lei>
        <title>Ancile Solutions, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001153"/>
        </identifiers>
        <balance>3279735.29000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3279735.29000000</valUSD>
        <pctVal>1.750538079536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.96630000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Cooper OH Originations, LLC Common Units</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003036"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5076800.00000000</valUSD>
        <pctVal>2.709710063884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>EJF Financial Debt Strategies Fund LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002552"/>
        </identifiers>
        <balance>750000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>810378.00000000</valUSD>
        <pctVal>0.432534159736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GreenPark Infrastructure</name>
        <lei>N/A</lei>
        <title>GreenPark Infrastructure, LLC Series M-1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001665"/>
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        <balance>2564.80000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>878444.00000000</valUSD>
        <pctVal>0.468863959060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Opportunistic Credit Interval Fund</name>
        <lei>549300NJWLK76QJGNF34</lei>
        <title>Opportunistic Credit Interval Fund</title>
        <cusip>68390R105</cusip>
        <identifiers>
          <isin value="US68390R1059"/>
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        <balance>362836.69500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4252446.07000000</valUSD>
        <pctVal>2.269716339427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DeltaDx Limited, LP - Barri/Dolex</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002438"/>
        </identifiers>
        <balance>412124.10000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410063.48000000</valUSD>
        <pctVal>0.218868802904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>15.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Colonnade Intermediate, LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001838"/>
        </identifiers>
        <balance>177137.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>123093.17000000</valUSD>
        <pctVal>0.065700205157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ejf Crt 2024-r1 Llc</name>
        <lei>254900Q5DC1FD685WY23</lei>
        <title>EJF CRT 2024-R1 LLC</title>
        <cusip>282930AA4</cusip>
        <identifiers>
          <isin value="US282930AA49"/>
        </identifiers>
        <balance>1941803.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1941803.44000000</valUSD>
        <pctVal>1.036425370992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.52000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Phillips Feed Service, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="2131-800"/>
        </identifiers>
        <balance>5250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5079375.00000000</valUSD>
        <pctVal>2.711084453936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.81610000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vortex Opco Llc</name>
        <lei>N/A</lei>
        <title>VORTEX OPCO, LLC, First Lien Term Loan (First Out)</title>
        <cusip>G9158TAC4</cusip>
        <identifiers>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX242373"/>
        </identifiers>
        <balance>720000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>730800.00000000</valUSD>
        <pctVal>0.390059902829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.92000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arrow Purchaser Inc.</name>
        <lei>N/A</lei>
        <title>Arrow Purchaser, Inc., First Lien Initial Term Loan</title>
        <cusip>00160KAB7</cusip>
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          <ticker value="10000969"/>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX193196"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monitronics International Incorporated</name>
        <lei>SCAKOG18M6QWWML8YF46</lei>
        <title>Monitronics - Escrow</title>
        <cusip>609ESCAB4</cusip>
        <identifiers>
          <ticker value="609ESCAB"/>
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        <balance>2650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Metrc Inc., Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10023407"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-7301.00000000</valUSD>
        <pctVal>-0.00389686282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DCert Buyer, Inc.</name>
        <lei>549300EF826JEEUCHZ67</lei>
        <title>DCert Buyer, Inc. First Amendment Term Loan Refinancing, Second Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX192846"/>
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        <balance>3600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3258018.00000000</valUSD>
        <pctVal>1.738946612613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-16</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jmp Credit Advisors Clo Ltd</name>
        <lei>54930013XSXE4PJVBQ28</lei>
        <title>JMP Credit Advisors CLO IV, Ltd.</title>
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        <identifiers>
          <isin value="US46647XAD12"/>
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        <balance>4836539.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22248.08000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Tree Line Credit Strategies LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="TRE-PCF"/>
        </identifiers>
        <balance>19090684.77300000</balance>
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        <curCd>USD</curCd>
        <valUSD>17777837.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Invisible Narratives, Inc., Series A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003156"/>
        </identifiers>
        <balance>8733625.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3000000.19000000</valUSD>
        <pctVal>1.601231229612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>GSO Credit Alpha Fund II LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="GSO-PCF"/>
        </identifiers>
        <balance>16807289.82980000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1035967.73000000</valUSD>
        <pctVal>0.552941259029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PMA Parent Holdings LLC, Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX226616"/>
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        <balance>2742918.37000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2717409.23000000</valUSD>
        <pctVal>1.450400082379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.42190000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Accordion Partners LLC, Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003195"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Metrc Inc. Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="METRCTL"/>
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        <balance>294975.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281081.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-30</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SouthStreet Securities Holdings, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001751"/>
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        <balance>2700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2484000.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saranac CLO LTD</name>
        <lei>5493000RC2FP2JRHW627</lei>
        <title>Saranac CLO VII, Ltd.</title>
        <cusip>80316QAA1</cusip>
        <identifiers>
          <isin value="US80316QAA13"/>
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        <balance>508648.30000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>60694.46000000</valUSD>
        <pctVal>0.032395286220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Newbury Franklin Industrials, LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002710"/>
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        <balance>3973026.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3905484.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.86490000</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>Next Flight Ventures, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002309"/>
        </identifiers>
        <balance>1105829.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1067594.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>14.02240000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Florida Food Products, LLC, Second Lien Term Loan C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003111"/>
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        <balance>890217.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>578641.30000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>Project Castle Inc</name>
        <lei>N/A</lei>
        <title>Material Handling Systems, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
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          <ticker value="10001663"/>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX204743"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-08</maturityDt>
          <couponKind>Floating</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Marvel APS, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002278"/>
        </identifiers>
        <balance>3719050.84000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85092000"/>
        <valUSD>5020972.12000000</valUSD>
        <pctVal>2.679912284125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PMA Parent Holdings LLC, Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX226617"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>GreenPark Infrastructure</name>
        <lei>N/A</lei>
        <title>GreenPark Infrastructure, LLC Series A</title>
        <cusip>N/A</cusip>
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          <ticker value="10001664"/>
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        <balance>400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>200000.00000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PMP OPCO, LLC, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="PMPDTL"/>
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        <balance>383660.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>349281.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-31</maturityDt>
          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Princeton Medspa Partners, LLC</title>
        <cusip>N/A</cusip>
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          <ticker value="10002519"/>
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        <balance>250000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Company Direct</counterpartyName>
              <counterpartyLei>99999999999999999999</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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              <otherRefInst>
                <issuerName>PrinMed</issuerName>
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                  <other otherDesc="INTERNAL ID" value="PRINDUMMY"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PMP OPCO, LLC, Revolver</title>
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          <ticker value="PMPORC"/>
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        <balance>0.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-9661.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2029-05-31</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>Spectrio</name>
        <lei>N/A</lei>
        <title>Spectrio, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10000913"/>
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        <balance>2830555.80060000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2416728.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.82240000</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>BrightPet</name>
        <lei>N/A</lei>
        <title>BrightPet, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10000853"/>
        </identifiers>
        <balance>1920851.03000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1685546.78000000</valUSD>
        <pctVal>0.899649990725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.99040000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Cor Leonis Limited, Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002015"/>
        </identifiers>
        <balance>2807862.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2807862.00000000</valUSD>
        <pctVal>1.498678679364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.92190000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Rebound, LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003152"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vortex Opco Llc</name>
        <lei>N/A</lei>
        <title>Vortex Opco, LLC</title>
        <cusip>92905YAA6</cusip>
        <identifiers>
          <isin value="US92905YAA64"/>
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        <balance>3135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47025.00000000</valUSD>
        <pctVal>0.025099297934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>Y</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>White Oak Equipment Finance 1, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="2331-800"/>
        </identifiers>
        <balance>721430.98690000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>721430.99000000</valUSD>
        <pctVal>0.385059252679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Equipment Financing"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.75000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vortex Opco Llc</name>
        <lei>N/A</lei>
        <title>VORTEX OPCO, LLC, First Lien Term Loan (Second Out)</title>
        <cusip>G9158TAD2</cusip>
        <identifiers>
          <other otherDesc="EXTERNAL IDENTIFIER" value="LX242374"/>
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        <balance>1575925.65000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>230085.14000000</valUSD>
        <pctVal>0.122806496101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>EBSC Holdings LLC, Preferred</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002481"/>
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        <balance>1188764.95000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1337360.57000000</valUSD>
        <pctVal>0.713807791437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VBC Spine Opco LLC (DxTx Pain and Spine LLC), Revolver</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002046"/>
        </identifiers>
        <balance>403225.52000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>403225.52000000</valUSD>
        <pctVal>0.215219084769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-14</maturityDt>
          <couponKind>Floating</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>American Academy Holdings</name>
        <lei>N/A</lei>
        <title>American Academy Holdings. Inc., Common Units</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001618"/>
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        <balance>0.04650000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>285625.32000000</valUSD>
        <pctVal>0.152450717795</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>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BGPT Maverick, L.P.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="METRCEQ"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1090000.00000000</valUSD>
        <pctVal>0.581780643246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Needle Holdings Llc</name>
        <lei>N/A</lei>
        <title>Needle Holdings LLC, First Lien Term Loan</title>
        <cusip>63988HAH9</cusip>
        <identifiers>
          <ticker value="63988HA"/>
        </identifiers>
        <balance>171384.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>Y</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>American Academy Holdings, LLC, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002484"/>
        </identifiers>
        <balance>420204.30010000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>444912.31000000</valUSD>
        <pctVal>0.237469146697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.58060000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Next Flight Ventures</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002310"/>
        </identifiers>
        <balance>88.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>98109.44000000</valUSD>
        <pctVal>0.052365296432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mount Logan Funding Lp</name>
        <lei>54930018JSRPYZJUUR90</lei>
        <title>Mount Logan Funding 2018-1 LP</title>
        <cusip>62188AAC5</cusip>
        <identifiers>
          <isin value="US62188AAC53"/>
        </identifiers>
        <balance>4798575.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2995750.37000000</valUSD>
        <pctVal>1.598962914921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>22.14000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WhiteHorse Finance Inc</name>
        <lei>5493006LP9COIV2ZIB05</lei>
        <title>WhiteHorse Finance, Inc.</title>
        <cusip>96524V106</cusip>
        <identifiers>
          <isin value="US96524V1061"/>
        </identifiers>
        <balance>107328.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>745929.60000000</valUSD>
        <pctVal>0.398135231655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VTX Holdings, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002730"/>
        </identifiers>
        <balance>932474.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6747.38000000</valUSD>
        <pctVal>0.003601371629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>American Academy Holdings, LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002483"/>
        </identifiers>
        <balance>2117829.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2242357.62000000</valUSD>
        <pctVal>1.196844273901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.58060000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Spectrio, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002319"/>
        </identifiers>
        <balance>1180667.05350000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1008053.53000000</valUSD>
        <pctVal>0.538042230376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.82240000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vision Solutions Inc.</name>
        <lei>N/A</lei>
        <title>Precisely Software Incorporated, Second Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="INTERNAL ID" value="SELY-800"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2840625.00000000</valUSD>
        <pctVal>1.516165724515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.35200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Accordion Partners LLC, Delayed Draw Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10003194"/>
        </identifiers>
        <balance>335194.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>333786.48000000</valUSD>
        <pctVal>0.178156433982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.70470000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tralee CLO Ltd</name>
        <lei>549300KVMYUNBMVPNK19</lei>
        <title>Tralee CLO II, Ltd., Class ER</title>
        <cusip>89289UAY4</cusip>
        <identifiers>
          <isin value="US89289UAY47"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>736843.00000000</valUSD>
        <pctVal>0.393285316065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.99600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Accurate Background, LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001735"/>
        </identifiers>
        <balance>1451250.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1451250.02000000</valUSD>
        <pctVal>0.774595568942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.93350000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Dun &amp; Bradstreet Holdings, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002921"/>
        </identifiers>
        <balance>1696689.62000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1680231.73000000</valUSD>
        <pctVal>0.896813116222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.22740000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Academy Holdings</name>
        <lei>N/A</lei>
        <title>American Academy Holdings. Inc., Preferred Units</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10001691"/>
        </identifiers>
        <balance>90970.35000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>178539.72000000</valUSD>
        <pctVal>0.095294452428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>18.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NFV Co-Pilot, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002311"/>
        </identifiers>
        <balance>441.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32148.90000000</valUSD>
        <pctVal>0.017159273139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PocketWatch, Inc., First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002761"/>
        </identifiers>
        <balance>1428350.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1428350.51000000</valUSD>
        <pctVal>0.762373099531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>14.99360000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Middle West Spirits Holdings, LLC, Common Stock</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002859"/>
        </identifiers>
        <balance>45.46000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29184.87000000</valUSD>
        <pctVal>0.015577240772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PhyNet Dermatology LLC, First Lien Term Loan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="10002245"/>
        </identifiers>
        <balance>2046976.55100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2000919.58000000</valUSD>
        <pctVal>1.067978238841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.38180000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Alternative Credit Income Fund</ncom:nameOfApplicant>
      <ncom:signature>Brandon Satoren</ncom:signature>
      <ncom:signerName>Brandon Satoren</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>